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Someone is out their depth. Haha :-) IG

Don't worry sonny boy. You'll get news soon enough. It will be DS cap in hand "please sir, can I have some more". Painful ask when they have zero to show for the last ipo fund raise! Ouch. IG

Thanks Maestro. Just saw your post. You've made my day. Still chuckling. What a muppet! :-) IG

nearly 8% / $10mill mcap difference now?? IG

Just noticed that the reuters inst holders change, of which i'm awaiting an RNS, is an increased position rather than a new position. Over 4% is a huge increase. More than 10m shares. It's frustrating not knowing what it means. IG

Looks like it's about to move. Reasons: 1) SCAP have just nudged the bid up to 0.85 and are happy to take over �25k in one hit. [not that I'd consider selling just before things get exciting!] 2) Twatter fool has been assured of rig news RNS this Friday latest. And has followed that up saying that he will publicly reveal his sources if this news doesn't arrive. Actually seeing a rig en route will open a new chapter for SRSP and sub placement buys will be a thing of the past. People are understandably sceptical (given the history here). Rig signed and en route will change that. IG

I agree SoundingOff - sending these emails is completely unprofessional and counterproductive. The net effect is very negative � it increases nervousness (what are they negotiating, I thought this was cut and dry?). And tells holders that the wait is not over yet � more waiting and more watching the sp drop. If you tell shareholders that the licence news is expected by a certain date, then a decent BOD should absolutely update shareholders to explain a delay � especially after 2 months !!! PPP IG

"deep into negotiations " that's almost word for word what they said in December! I'm imagining these negotiations... DS: Please can we have a 25 year licence... GOV: Why should we give one to you? DS: We're going to drill a well and make money for both of us. GOV: Can you afford to drill a well? DS: Not right now, but once you give us the licence we will raise some money. GOV: Didn't you try exactly this last year? DS: Well yeah but there were some incompetent people, it was their fault, we now have some new people who are going to do better. GOV: And you want this new licence for free? Why should we? DS: You have to because I've promised Sonny Boy. IG PS: Updating shareholders would be "unhelpful to those negotiations" - haha! I though Sonny boy told you all that a new licence was near enough guarenteed? Like DS gave 100% chance of success for the workovers! What is there to negotiate? And what does the future look like for AAOG if the negotiations go badly?

"deep into negotiations " that's almost word for word what they said in December! I'm imagining these negotiations... DS: Please can we have a 25 year licence... GOV: Why should we give one to you? DS: We're going to drill a well and make money for both of us. GOV: Can you afford to drill a well? DS: Not right now, but once you give us the licence we will raise some money. GOV: Didn't you try exactly this last year? DS: Well yeah but there were some incompetent people, it was their fault, we now have some new people who are going to do better. GOV: And you want this new licence for free? Why should we? DS: You have to because I've promised Sonny Boy. IG PS: Updating shareholders would be "unhelpful to those negotiations" - haha! I though Sonny boy told you all that a new licence was near enough guarenteed? Like DS gave 100% chance of success for the workovers! What is there to negotiate? And what does the future look like for SRSP if the negotiations go badly?

You're

Was looking at a nice profits then and expected more. Surprised to see both back around break even. I had another review of both in terms of funding & risk etc and still uber positive. That said, srsp is only a short term trade for me. It will be comfortably over the placement price within a week at which point I will take my 20-30% profit and leave very little to run. I've given my assessment of the situation here and why i wouldn't buy at this price. Best of luck. IG

Thanks guessy. [Hangs head in shame] No more predictions from Mr Fish :-) IG

Lemonade. If you're keen to keep track, then please stick to the facts. My current holdings are: 225k mtfb @ 32.2p av 4.65m srsp @ .855 av IG

Sonny boy - I wonder how many people have lost money on here listening to your ramping fiction? Seems your true colours are starting to shine through. IG

I suggest an early night. Up at 7 for news. IG

Quite a lot of auto activity too. Am feeling quietly confident. [laughs manically] IG

Love your optimism in big business. Yes they will take the shares, if there is money to be made. But they will take them at 7p or maybe much less. That's the way of the world. IG

Order Order!! I still have full rights over this particular prediction. Yesterday I agreed with Mrs Sheltie that there would be an RNS by 8am on Wednesday - or I would cease predicting for the remainder of the year. At which point I will pass the reigns to young Draft. Obviously none of this will happen as I will be right, maintain my crown, and demand a week of kowtowing from Mrs S. IG

Thanks Mike. See if I can continue being right with this forecast... The sp will continue to drift south until news. First news will cause a brief spike to 12p or so. But will finish the day flat or even slightly down as people sell into news with the knowledge of a placement to come. Next news will be the fund raise. Sp will drop heavily after that, given the historic rig delays, profit taking on placement shares etc and usual poor bod perfomance. Bottoming just below the placement price. Final stage, in late March or probably April will be the start of a rise to rig news , spud etc. My bet is that the bottom is below 7p. Possibly below 6p. Due to heavy dilution and more delays. And that on rig news we see 10-14p. And a possible brief 20p during the drill. (Bear in mind the mcap here will be at its highest ever due to the dilution) The other significant possibility is very ugly, but needs to be in the mix, and that is the downward trajectory continues for many months. Several placements. Many more licence and other delays. Diluted to oblivion. And then the bod buy some shares! IG

OK sounding off. Fair enough. Sept 24th they had £2.94mill in cash. Fact. It's been 4 months of cash burn, new bod etc. I will refrain from speculating how much is left. Except to say that it's blatantly nothing like the £3.25m suggested earlier. We all appear to agree the need a fund raise. And that the delay in very overdue licence news is increasingly worrying. Best of luck IG