Member Info for JezTheFez

You're more than welcome, Mert1. Most of our BOD at Chuckle have fallen silent through ill health or drunkenness, so your life expectancy is sure to diminish if you want to work for us. I'm developing gout from all this waiting around for our LE.

Or a Troll? how can I be a troll when I am invested here?!

Is that Fungus The Bogeyman?

We're going long OK? You're going to have to deal with this sooner rather than later. I have.

All I know is that silence is usually a very bad thing with AIM shares. It happened at MYSQ and it is happening here. The chances of good news is very slim IMHO and you believers will all see what I mean when we finally get our fateful RNS. Don't say I didn't warn you all.

Chuckle Energy lost its spam supplier. It has shaken 6% off SOU's share price. Either that or that one molecule recovered from Te-10 turned out to be a latent fart from one of the drill operators.

Even if OGIF were awarded shares at 82p, which appears to be the case without me checking past RNS's, surely they would want to realise a profit? In theory that means they would be rather displeased if the pps come LE is less than 82p, or am I speaking tosh again?

I'm a Twinings man personally. You raise a good point though. The marketing process is concluding at the end of this year, but it may well take most if not all of Q1 2020 to get everything finalised, assuming there is a credible offer. There are still some on here who think £1 per share come LE is too low an offer. I think Mooncheese is still in la la land somewhere dreaming of £65 per share. I do remember the days when if you said £1 per share you'd get a barrage of abuse. Ironic I know but that was back in the days when £5-£10 per share looked as though it was achievable.

That was at The Gherkin. A lot of us were there and remember what he said. I have the Haribos to prove it.

I am also aware I have banged on a bit too much about that finance package, so from now on, I won't mention it again as it was beginning to bore me too. Nuff said.

Jordan,
I'm well known for changing my mind about this share. It's been a rollercoaster ride so far and I think the fun hasn't really begun in earnest as of yet. My heart tells me £1 per share at least come LE but my head tells me that we won't receive a credible offer....hence credible offer. Happy to be proven wrong though and eat my already well chewed, wonky fez.

Jordan.....on his desk, mate. On his desk!! Actually I take it back - you and Jacklevi made me laugh so fair play to you for pointing out that I have repeated myself about the finance package. I bet JJ will be too embarrassed to exercise it now he has seen these messages. It would turn me into a cult hero!

Very funny, Jordan. Just in case you missed it, we have access to a finance package via Enigas.
Good....I'm glad it has finally sunk in with some of you. There is little chance a credible offer will come our way, Jack. If it does then I'll eat my fez. If it doesn't then numpties like Jordan can join the long list of disciples who think by ridiculing me on a bb, you gain an extra friend or two. Sad really.

£1.56 to £2 should come one day IMO, but for now let us at least get back into the mid 20p's for a start. We are very undervalued for what we have and the share price has been fairly static for a while. Now things are hotting-up again here and we should be riding high again very, very soon. Good luck all genuine long term holders of which I am one. Eric is a numpty and a shorter. No place for either on this bb.

One thing that people ought to know is that there aren't a huge amount of shares in free float here at Zanaga, which usually means that when good news lands, the price soars quite quickly as we saw last week. The share price won't wait for no man or woman when good news lands. I foresee a return back to the 20p's soon enough. Don't throw away your golden tickets now just before the real fun starts. I'm invested in 12 other companies and none of them have a share price that moves as quickly as this one does on good news.

Call it gut instinct, Tableleg. Intuition even, not forgetting the reasons / evidence which I have already alluded to in my past posts. As I have said, I'm more than happy to be proved wrong. In fact, I really do hope Parsons proves me and many others wrong and gets a deal done, but I personally can't see it. Others are feeling positive of a deal, which is fair enough. The silence will continue for some time yet and maybe up until December / January at this rate.

What do you think? Do you think a deal will be done?

Jack - recently mate. Don't you concern yourself with STZ. He's in a relatively good position compared to the vast majority who are nursing higher averages - myself included! Using your analogy, why doesn't everybody sell who doesn't believe in a successful LE? They don't because nobody likes to lose money and whilst there is a glimmer of hope of a successful LE. Paper loss is one thing, but throwing the towel in and losing your money is a whole different ball game.

Jacklevi,
My brother is one of those lucky investor's who has tens of thousands of shares at a very, very low average because he called it spot on with Te-9 and Te-10 and unlike me, he didn't rush in when the share price was above 30p. He waited and waited and I suspect at the very least he'll get his money back. As Elvis used to say, "only fools rush in." I don't sell at a loss, Jack. I have decided to wait to see what happens come LE and should I lose all of my money then so be it. I don't have life changing sums invested here anyway unlike a lot of people here who have their pensions invested and life savings.

I think Parsons used to liken himself to The Wolf Of Wall Street. You only have to see the film and the speeches delivered in that film to his adoring employees to see the similarities. Has The Wolf Of Wall Street become The Wolf In Sheep's Clothing? You decide. At least he has hopefully learnt a harsh life lesson and this is to never count your chickens before they have hatched. Deal with hard facts when speaking with your investors and not desired dreams. 31 TCF???? Yeah right....where was that figure exactly plucked out of the air from? Nobody is going to listen or believe any more hype that is uttered by him ever again. The market is now way too cynical and he will only be heckled by onlookers if he adopts that approach again. Please take note if C4E is your next venture, Parsons. Tell us how it is and not how you hope it to be. I hope one day I'll be able to escape the chip shop, but in all reality that isn't going to happen anytime soon.

Yeah Maldini could well be right as I doubt the "pause" button would have been pressed if it had just been SOU's decision. Not when they continue to stick their noses in the trough accumulating as much money as they can get their paws on. Sometimes in life you need to know when to put your hand up in the air and call time on proceedings. Enough is enough. SOU for whatever reason are useless at finding commercial gas. Give the assets to one of the "big boys" to see if they have a better time of things. More money, more time, more drills in-country, more in-depth analysis and 3D seismics over the chosen drill locations is needed IMHO - all of which SOU doesn't really have the luxury of these days. Parsons' strategy has unfortunately failed and he was probably banking on them finding gas. It has now made all that over promising and hyping look ridiculous. Of course, it was still ridiculous even when we all thought we'd hopefully find gas and I recall how I felt when stood at the top of The Gherkin looking out of the window thinking, "is this all for real or what?"

Those emails between Parsons and Testpack yesterday just about summed-up the situation. Parsons is squirming in Sevenoaks wondering what to do. The very fact that he had the time to reply to Testpack's emails is worrying enough when he should be on the phone and in meetings / presentations attempting to sell the asset / company.

As Testpack commented, the only situation that will resolve this deadlock and restore his respect will be to deliver us a decent LE result. £1 per share will do nicely thank you very much or thereabouts. Then he will be able to move on from this with his head held high. Right now, the whole situation is shameful. The radio silence is driving most of us mad / madder and yet he sits there making us go through this suffering every day we awake. It's downright miserable for us after we placed our trust in him and his useless BOD. Will next week be any better? I doubt it. The only positive thing about next week is hat it is theoretically one week nearer the time when he has to come clean and tell us what the situation is. I have resided in the fact that I reckon he will "go long" and then resign or the Board will release him. Others will catch-up to this way of thinking in time if you haven't already. There are too many clues out there already that suggest that we're going long. God help us all is what I say.

Jizzy