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Chart looks ideal. No double bottom - no question in my mind that we are now building to rig news and spud. Looking at the big names we're working with (BP, Schlumber etc) this drill will gain a lot of attention. Esp when they announce the other licences. IG PS: Reversal was only a matter of time as the placement guys needed to sell lots above 1p to break even!

Wrong again Sonny boy. Of course you will hold. And hope. Even if & when they announce that they couldn't extend the licence yet and are in further 'advanced discussions'. Or that they need $3m to pay for licence & drill - then you'll give them the benefit, hold and start ramping about news by 1st March (2019?) IG

The rns said end of dec. I believe some long term rampers spoke to DS and were assured news on licence in Jan. The BOD know the feeling here. If there was any good news they could spin we'd have heard today. Licence is clearly an issue. Maybe the weird twitter guy is not totally insane. As I said before, if the cash call comes first that will not be pretty. Best of luck IG

Nice buys. One of those was mine hence I knew they were buys. And some others today. Many will regret not buying more sub placement when the price starts to rise on spud. I was out but have bought back in ready for drill news. Looks like others have too. Given all the big names this is a very easy buy decision. IG

rig news finally incoming...? IG

were buys ;-) IG

Whaaaaaat? They're not having any of my shares :-) IG

The usual DMA effort to hold things down, but plenty of appetite to take those shares. Expect we'll see the next BOA Tr01 in early Feb. IG

Erm ... I make it 120 days late so far but who's counting :-) Very good advice - this one is very much a case of only investing what you can afford to lose and staying lighthearted. IG

Yes Rob, those goalposts have changed a few times ;-) Remember this gem from 4th August 2017 ... "The rig is due on site by 30 September 2017 and drilling TLP 103 should take approximately 45 days to complete." IG

"As far as I'm concerned this company has until Thursday 1st February to deliver something."

Hahaha brilliant. I missed the white elephant - you crazy old fool. Did you sell or are you still holding? IG

haha - you and those sunglasses. Sorry mate, am still a non holder. And still anticipate a 30% drop from here over the coming weeks. Starting tomorrow - no news in Jan and will see sub 10p maybe even lower. You yourself said "I'll give them until the end of January!" IG

I have been in your situation. Is not nice. Your statement... "as i have a high average, i have no choice but to hold." Is something many feel but is not great investing strategy. I'm absolutely not suggesting you sell, not my place at all. However, IMO, all options should remain open as events unfold. Sometimes it's better to take a loss and move on. Best of luck - and fingers crossed for postive news for you here. IG

Loz. I dont think he was calling you out personally for ramping. And 'very poor' is an giant understatement. Can still get much worse though. Hope for the sake of lth that you see a decent update tomorrow morning. IG

Hi Rob - am absolutely not knocking you or other holders. Blind ramping I take exception to but most investors here have genuinely lost money and I hope things turn around for you. Good balanced discussion is what's needed - and openness/honesty from by the BoD. The next couple of RNS will be crucial and I hope they are really clear and don't hide bad in good or sneak bad straight after good. IG

Thanks for the diary check Rob - you are absolutely right. Wednesday is still Jan. Another last chance. No RNS on Wednesday is going to gain the BOD no friends and won't do much for the sp. You are also right that, as things stand i see no case to invest here. These jokers have spent a load of cash and after 1 year what have they got to show for it ?? - No rig, no income and no ecconomical licence. Not a great ad to invest. I didn't buy in sub 10p last time & gave my reasons. And I won't buy sub 10p when it drops there again tomorrow or Wednesday. 10p was my buy target for a while, given the bad news about licence & rig I dropped that target to 7.25p (30% below this level). IG

"AAOG wishes to ensure that this process is completed before the start of drilling of TLP-103. AAOG is very pleased with progress on the licence extension and hopes to provide a further update on this before the end of the year." End of the year came and went with no news. It's February on Wednesday and still not even an update RNS on the reason for the latest delay. They need the licence in order to raise funds. Can't even imagine the reaction if they try to raise the funds with no rig and no licence!! IG

I've heard a rumour we have a new antibiotic that has passed P3 and about to be submitted for NDA approval. From the sketchy details I understand it has a novel mode of operation that causes the drug helpfully collect in the lungs. And (uniquely) nephrotoxicity has not been observed & dosage adjustment has not been required in patients with renal impairment. Word on the street is the we are initially targeting just a small $1bn share of the huge market. I even read that Bank of America Merrill Lynch has been building a large holding. Could be wrong, it was just a rumour. IG

Sonny - the red/blue flag on trades to indicate buy vs sell is a rudimentary formula based on the price is relation to the mid price between bid & offer. There's no conspiracy here. No MMs hiding anything, IG