Member Info for ivans

i like the assets, but this restructing is the new low. main purpose is for LC to do more placing!!

may buy back when placing is done

with all traders leaving, and MM collecting cheap shares, wont be surprised if we then get farm out news next week and sp rise towards 1.5p

we all know ARA/Zubair is not here to make takeover. they want to develop and get major partner in. they have massive connection with large corporation in ME including Saudi Aramco subdidiaries and also not to mention, Chinese major player might be keen to JV as well. Not to mentioned other western players nearby as well (TLW, Total etc etc)

the project is massive, not less than half a billion worth when fully developed. as such AEX will work for some progress and JV can then be easily done.

so all in all, AEX will be several bag later this year one more progress is being made.

last chance for sub 7p top up?

around 5% up now. saudi cutting more, should bring back positive sentiment to here soon

its very good results, yet we are down on low volume?

exactly ismalia

remember, even without drilling result, we should be back to pre-covid price, ie around 3p
most other oil companies have recovered well to near pre-covid sp.

so, even without drilling news, we should be back to around 3p for starter.

any newbies will see that we are way undervalued, with production around 2000bopd and yet mcap only 10m !!!

Hambro sold just abit for rebalancing their fund. i think they stop selling today.

anyway, lets see next few days

who has been buying here? sp should continue to drift.

p/s: i am planning to load up more sub 2p

surprised we are back down, with oil price rising, we should rising back up.., is seller almost gone?

ok, time to add. as long as its rising, sub 0.2p is still bargain

you mean like now? or wait till it drop to 0.11p?

with news due, and some impatient sold chasing covid shares, this is massive bargain imho

sp is now rising

cost reduction, cash enought till potentially H1 2021, and licence progressing albeit slow and i am sure they are talking to potential JV partner at the same time and once licence is confirmed, they will farm down rather quickly.

its a buy for me

what price to buy back here?

will be good for next week. slowly coming to radar

while the crowd and herd are not jumping in yet. sub 3p is massive bargain imho

and oil price rising, will be very positive

disagree. i saw many tweets