Member Info for Iwonttell

My AJ Bell account has been consistently showing .272p

Today it shows zero!

Strange happenings.

It does make sense for creditors to support the company in its efforts to continue.

Bankruptcy means almost total loss of the debt.

Just the administrators get paid.

While there are hopes of clearing the mud both from the principal well and the side track, and producing some income, it is in the interest of all that the company soldiers on.

The regret, as with most AIM companies experiencing difficulties, is the lack of interest, consideration and sheer damn rudeness of not telling the people who have paid for a share anything at all about what is happening.

If only!

I just remind myself that it’s summertime!

People pack their bags and leave their portfolios behind.

This is traditionally a quiet trading period, and the delay in results hasn’t helped the situation.

Just focus on the stated facts, not the sea of red sells, probably indicating a need for cash for the vacation.

ONE THOUSAND THREE HUNDRED AND FIFTY BARRELS OF OIL PER DAY.

And that’s with a partially choked well!

HC again, what do you expect.

The reality is that the days have gone when inexperienced investors chased every rainbow in search of their own private pot of gold. Most lost substantial sums and now use the piggy bank.

If you take an overall look at CHAR it is obvious that all does not hang on the Anchois drill. The company has a complimentary mix of interests throughout the continent. Yes, offshore results could be very rewarding, and we will know about this in the coming months. Onshore results are also eagerly awaited and look promising of delivering short term income.

The longer term prospects for the company are very good, hence all the positive broker forecasts.

So HC, please stop trying to ruin our Wednesdays, and Mondays, Fridays, Tuesdays and Thursdays. Your potty of gold is probably under your bed if you look for it.

Let’s just hope that your last paragraph was the correct one!

It’s my keyboard!!

Setana, 1, third time.

Sorry, Setana.

Already more than positive news yet no sp movement.

I feel that I have to agree with Santana.

On 27/7 Zphr announced ‘high reservoir deliverability and pressure of appx 8,600 psi absolute.

Production of 1,350 b o oil per day choked back and se strained’.

‘Highly desirable condensate yield’.

‘Almost zero evidence of water’.

The well prior to further clean up will pay $98,739 or £77,680 gross per day.

Yet the share price has not moved.

This has to indicate some form of manipulation.

Why post links that then ask us to subscribe?

Bit of a contradiction there, TT.

New, recent and intending long term perhaps.

More problems with the audit??

It’s a putty that the market does not share your assessment.

Given what has happened ay Beacon Energy, one has to hope that the acid wash will help clear the mud.

It’s a standard procedure but NOT guaranteed to work.

Very interesting research.

Thank you Fernan

The problem stems from the bunch of smiling amateurs that took us all in initially.

They remain amateurs.

Some mining professionalism needed in the management mix if this is ever going to turn around.

We always seem to be on the verge of good news and share price action.

However, it’s always next month!

Not such good news for me, 50/50.

I live there so bottled gas will cost more, so up goes the price of my paella.

However, in theory so will the value of my holding!

I believe that our chairman has his finger on the pulse of many opportunities in Africa.

Good afternoon, Bebeto,

I have just sold GRL for the second time.Small profit this time but the same uncertainty.

Perhaps with investment in plant and machinery now possible at GCAT we can hope for some real production. I went in at the beginning at almost top price. Two million or so shares so I have nowhere to go. However, this new financing and strengthening of the board may see some value clawed back.

If I had to do it again now I would personally go for THX. Alas, no spare funds and after wasting time here, may not have enough left by the time this is back in production.