Member Info for Jacksdad

Producers with low cost per barrel will survive a price war...some larger oilers may have to reduce production. CASP well placed to sell oil internally and also to trade IMO

Irish.. apologies that date is relevant to another investment...not this one

Should see 250 before the 6th May and then the real fun should start GLA

I have given up being realistic here...all or nothing share for me....a revised OIP and ROIP might help things for starters 😊

No joke I am now a grandad 😊 I have had these so long it's as CC used to say 'its sime kind of Stockholm Syndrome here'. I have been ROXI/CASP prisoner for so long that I can't leave 😂. Anyway I honestly believe it's worth nearer to $1bn than today's MCAP so will hold at least until my pension kicks in 😊

Everyone sitting tight awaiting news IMO...MCAP no reflection of value here... personally won't be selling a thing until $1bn valuation.

This just needs to be out of suspension. Market will decide true value and the BOD will be accountable for taking the company forward. Anyone not agreeing just loves a bit of noise and drama.

Can AJAX still use their AIM shell or did it go when they moved over to AXIS?

I believe there is more to be done for the balance sheet to be signed off...I think assets are probably signed off, but liabilities still an issue IMO. Of course I could be wrong. Thought I was posting on a discussion board 😁

They've just addressed one...covered in the last RNS. Holdings of institutions and individuals need to add up to 100% of the issued capital with the exception of those possibly held in Treasury. If they don't they need to know where missing shares are....at least that's my basic understanding

The accounts can only be signed off once all potential liabilities have been assessed and that the auditors are happy that the accounts truly represent the current position. The trading position is pretty easy to assess it's the potential claims against the company and possible provisions that is taking time IMO. Those who dominate this board and say they are voting no at the GM, are not holding equity and or are short IMO.

The BOD are removing the barriers to lifting the suspension. It's clear that before the application is made that they wish to make sure there are no skeletons left in the cupboard. They have communicated their progress in these matters and as far as I can see are fulfilling their obligations of corporate governance on behalf of all stakeholders. A sound approach IMO.

This has to break out soon the MCAP is tiny compared to the asset value...

Looks like the market likes the bones of this technical transaction...this could get very interesting very quickly 👀👀.

Totally agree good spot

Not sure they are sells? News at last ? 🤞

Surely there has to be something worth reporting!! Even if it's the oil trading business reporting record margins... operationally it has always felt to me that news will come when they are ready to let it go...13 years since they were cleaning up A5 with subsequent test flows of 3500bopd..if ever there was a time to get oil to the surface it has to be now

Got to get out of this range...the MCAP has no resemblance to the true NAV IMO...need some new money here and we should see a break out IMO

Have a feeling this will come out of suspension on the back of positive news ....added a few more to the pot

Liked this before todys RNS so added this morning on the drop 🤞