Member Info for JimPrice

Picked up another 800k shares this morning which are not showing as yet. This is a screaming buy at these levels. - Brent over $70 - JV dispute resolved - Financially stable and well supported by high net worth investors - SP spent many many months consolidating and technically primed for a real breakout - CEO in with �100k at c. 1p - News flow due on multiple fronts including AJE CPR, gas development project and update on investment policy - SP not far off all time lows and free float relatively tight given Chinese investment

This is a fairly objective board and I've been posting here since 2015. The biggest 'derampers' here are us holders ourselves! I feel things will begin to change and the relative peace will be disturbed over the coming months as the story develops, news flow improves and SP appreciates. Trolls arriving always correlates with SP for some strange reason.

I agree, it will be OPEX. The CAPEX required for the gas project will be comparatively much greater and they'll be looking at securing some level of project finance for that along with a mix of equity. Looking forward to reading the CPR and the economics of the project

Good point. This is the relevant note from their 16th November press release: "During an interim period of approximately one year, all spending at Aje shall be limited to proceeds from sale of crude"

No chance, need 50m shares for 3%. I'll let the Chinese compete amongst themselves for position on the shareholder leaderboard.

I took another �6k today. Happily averaging up now and waiting for the market to come to me. Average currently at 0.61. Should have 10m+ shares if I get my remaining buys over the coming weeks. Provided nothing terrible goes wrong at AJE the SP will only go one way. Finance is sorted here as the Chinese are 100% backers. No brainer for me folks.

That'll soon change fella. I believe there is value here hence why I am adding. Was doing the same sub 0.5p when market was bored to bits. Remember Mr Hao just took his holding up to 18% around 0.8p. This story has fundamentally changed now and the price is still trading close to lows. We were in the 1-1.4p range pre JV dispute and Brent was trending much lower. Enjoy the top up opportunities whilst they last.

Took some more today. I think the CPR can't be too far away now that there is a unified strategy in the gas amongst the JV partners. The Panoro update was clear that they're after the gas now. I wonder what the CAPEX will look like and how MXO will fund our share of the project

There is number, international by the looks of things. Other than that anyone established an email link?

Has anyone on here got a contact for the BoD members/CEO?

Pepsi, your analysis sounds about right. I expect mid 4p open with about least 600m shares in issue. Mcap around the 30m mark which will reflect the larger asset base. This is an RTO, CORO is a different beast than SROM and needs to be viewed as such. I don't see why it can't be 40m+ mcap in the weeks following relist. Multi TCF acquisition being worked which will add tremendous value and the funds from placement will therefore will be required to unlock further value. I have been a holder for the best part of 2017 and have no doubt 7p will be seen sooner rather than later.

Folks dilution is coming, minimum 100% imo. I'm not concerned however as I am confident I will see my capital again. I have faith Parsons will see us into profitability in time

It's all being swallowed up mate. 3.36% of the equity float traded so far which is significant given the huge number of shares in sticky hands. This is fresh money coming in and stale money being flushed. the perfect set up as Brent knocks on the door of $70

A worked buy in my opinion. On RSP there is very little stock available. I'm being offered above ask, 0.835p for �1k. This is primed to blow, volume is needed and we're off to the races

Hao Zhang has significantly upped his holding since the placement. The other 4 chinese fellows have been diluted a few percentage points down. Looking forward to seeing an open market buying from either of them. There was plenty of that going on in 2016 and now that Zhang is over 300m his buddies are likely to fully suit. AIMO of course. Could be a highly entertaining few months ahead

MMs have very little stock. Boredom let many out of the door over the past years. Volumes have been dead for so long so plenty locked in higher. JV dispute now resolved, Brent knocking on $70, why the hell would anyone sell? Any further material news and MMs will be caught completely blindsided,

Difficult to predict SP post-CPR without any concrete information. I reckon the Chinese are here for something bigger. There are other solid oilers with a fantastic cash position, growth potential, dividend opportunities & good liquidity such as SQZ and SDX. The Chinese have effectively locked themselves into this stock with a mighty large number of shares which they cannot offload unless the SP is at MANY multiples and liquidity is high. I won't make any SP predictions but this stock needs to be trading at MANY multiples of the current SP for their 2 year investment here to bear meaningful fruits. Prospects here are good, risk present like all AIM stocks but I feel a curve ball will be thrown from where we least expect. Excited to be invested at this time.

Dilution is inevitable however CORO is a much larger company than SRON. Numerous assets are being acquired which underpin the new valuation. If it was dilution that did not add value I would be concerned but not worried here. A diverse portfolio of assets: production/developmental and exploration coupled with new cornerstone investors and a proven board of directors. We may list around the same price we suspended at however I am confident no one will remain underwater for as long as we did under Masterman. The parsons PR machine will be live

Plus AJE Crude sells at a premium to brent. Stars are aligning for oil stocks. MXO Q4 17 and Q1 18 margins will look a lot more attractive. �10.9m mcap, producing revenue in a recovering sector with a world class asset in AJE indicates major undervalue here. The Chinese wouldn't buy a sub �10m tiddler unless they had a little more info than us. A mere �5k of sells moves the price down sharply, surely Zhang Hao considered liquidity when snapping up >300m shares i the company. I will continue to buy dips as I have been doing for the past few months.

it's coming fellas. The dispute with the JV partners has now been resolved, this was the major overhang on newsflow and operations. News due on multiple fronts: AJE flows, gas CPR, Grenada update, new investment strategy. Chinese are sure here for something and only a matter of time before all is revealed.