Member Info for Janiax

I have no idea why this hasn't returned to the value before the mention of the blockage.

That issue caused the drop from 6.5/7 down to 4

Now it's resolved it had a movement up on Monday and is now pretty much back to where it was after the big drop....

This just doesn't seem to add up.

AIM really is for gambling.

The company is producing and generating revenue, has extended the time on the bonds, and still has a very low market cap.

I do hope that the shorts get closed soon as these just ruin any potential gains

No RNS yet :(

Would be nice to have one to help this get momentum back.

What makes you certain a good one is due? Why didn't it come at 7am?

Wow, what kind of short do you have open to try scaremongering like that.

They don't need to keep spending money on growth and new wells currently.

They are consolidating, letting H2 generate income while not overspending (which they have done recently and it didn't work).

The current flow rates are fine to generate a good amount of income, keep the bonds covered, then fully paid, and then start generating capital to look forward, rather than continuing to spend and gain more debt if unsuccessful.

This is very much on the right track now with good income and a more secure future.

It should easily be back to 6/6.5 and probably closer to 9/10 in current state.

Then when bonds clear and they rebuild cash they can try more expansion.

The current share price seems very low now that the flow issue has been successfully resolved.

This should easily be back to before that was announced at around 6.5p

But for some reason there hasn't been any traction after Monday. I'm guessing it's due to history and sentiment.

We need some more good news, and information as to when we will start getting income from H2 to cover costs

Nothing goes up in a straight line,

Shame about the pull back here but this really should be in double digits.

Boards got very quiet now...

Good luck holders

This is exactly what's happened and it makes no sense.

This should easily be back to the value before the blockage was mentioned and heading higher.

But AIM is a wasteland of crap, and the MMS protect shorters more than investors.

Shorting needs to be made illegal imo it destroys the market.

Good luck genuine investors.

I hope some people see the short position and come here investing a lot to screw the shorter over.

Well I decided to cut my losses elsewhere and am in for £4K...

So this should go down 10-50% within a week.

ARahim

You've changed your tone very strongly today.

Have you opened a short position now?

Seems to be pretty obvious and petty throwing round Mcap predictions of £0.1m with nothing to quantify that.

Facts are in the RNS

Cash coming in for a sale of assets which weren't performing. Placing at 0.65 for a lot more cash than you think the companies worth.

If you are a shorter just go away. The whole idea of shorting stocks should be abolished.

I hope this share does 1000% to support investors and not shorters.

Most of the rise had gone by end of the day yesterday anyway...

What are the chances this will actually get to the placing price in the RNS of 0.065?

Bit shocked to see this coming back below 0.04 after the RNS this morning.

Wish I had waited a bit before I topped up this morning.

Then again it's almost guaranteed to drop 20% when I buy shares :)

Hope to see this get back up to at least the Price they have agreed to issue at (0.065)

With a slightly tighter spread this could gain better interest (I see it's changed drastically since earlier, but is still nearly 10%)

I thing this will either stay around this level today, maybe get to 0.065 to match placing price, or be dumped after the cheap buyers take their profit and close around 0.04 again

Spread is just awful

The spread here is just annoying, it's really not encouraging buys when they start 25% down...
Hope they close it a bit to start stimulating trades.

Thanks EarlifAim.

One more question, what's the deal with those TR1 notifications from Friday, looks like a lot of big players drastically reducing their %s?

Or am I reading it wrong? Not sure I follow the director RNS prior to those notifications.

Also having a look here after seeing the UKOG board.

What's the current cash situation here?
Are they ok for funding or is there a reasonable likelihood of a placing?

Thanks snooz.

Good luck, I'm sure we will see 6 again.

Would be good to know if H1 is back online currently, I know they stopped it for part of the drill but not sure if it was for the whole duration.

At least then we are still producing and generating revenue to keep cash flow higher.

@snooz
That's a reasonable chunk to purchase.
Is this your first buy here or adding to a holding?
Are you planning on buying more?

What's your target here, short term 10-20% before drill results from speculation or do you see more in this with good news?

No pressure to respond, I'm just interested.

Personally I'm still holding with a 9p average and still hope we can see that in the next couple months.

This is just painful.

H1 is still producing.

H2 has a minor delay which they had planned for.

There's more cash in the bank than the Mcap

Yet a small piece of bad news for the delay and they take it down 25% instantly, without letting the market decide.

Just gotta hold tight again for an extra few weeks.

Good luck to holders.

Be careful if you're looking to sell and re-enter.
Could have worked if the open was 5.5, but when it's dropped this low too quick there's less room to go down more.

They still have plenty of cash.

It's just a small delay.

Just need to be patient.

It's normal to see a pull back after a rise without any news.
I was expecting this to drop to around 5.5p today, but decided not to try and play it by selling and re-buying, as it's not worth the risk.

It seems to have solid support around 5.7/5.8 currently which is good for today and will help the next leg up as news gets closer.

I'm still needing around 9p to be breaking even, and feel confident it will get there over the next month.

A successful drill would be great as should take us way past 10p again.