Member Info for John2015

CP Agreed. 40mmcf/d / 6000 = 6,666 Boepd. 140MMcf/d / 6000 = 23,333 boepd
Using the conversion 6000cf gas = 1 barrel of oil.
So some very pertinent points to make or questions to ask as SCIR entire share is at maximum 25% of 23,333 (5833 boepd)

I see things exactly the same way cp and think H1 is a better asset than the company share of AEX.
IPO on watch list and hopeful a deal on Ruvuma will allow Scirocco to further support/benefit from the holding in H1.
As always IMO DYOR. Hopefully the webinar on Monday will make things clearer and have a positive effect on SP. We could certainly do with a break after the last couple of weeks. GLA LTH.

we are now down £60 at the rate of £20 per week - incidentally all lost on Mon Tue and Wed each week whereas Thu and Fri we have made ( much smaller ) gains, except the first week when the losses were Tue and Thu.
Lets hope the news arrives within two weeks !
GLA LTH - Never thought we'd rise so far, so fast, only to fall so far, so fast, again.

it will require an RNS beforehand - so Thu Fri or 07:00 Mon ?
Hope we get one - otherwise a few more days like this and we'll be back to square one.

Could you please ask APT to announce the date of their OMC so we know which date to look forward to next - after the 9 extensions, assurance, confirmation of farmout - which unlocked the OMC, before we slip below the sp as it was at 08/06.
Please.

No a “guess” based on experience. The share has been traded up and down since 12/10 and ( from a day traders perspective ) is in a perfect place with no solid information or dates to trade up on the rumour and sell on the news, again.
Just my best guess - personally I wish we were not in a place where this happens over and over again. Some solid info and timelines would be more than a little welcome, I for one am completely ticked off, pun intended, with waiting for the next meeting, deadline etc.

We'll see this hold steady now or maybe even rise as day traders buy back in, in anticipation of news and SCIR webinar on Mon.
As always IMO DYOR.

Sorry for the delay trimme same issues as cp with the site. Quote below from RNS - but agrre anything material will be announced via another RNS - its just this is the only clue SCIR have given so far, probably because they ( like all of us ) are waiting for the OMC "shortly" another undefined variable courtesy of APT this time. Its almost as if they want the sp to stutter.
"To reflect the name change, the Company will be hosting a webcast forum for shareholders to coincide with the launch of the new website (www.SciroccoEnergy.com) on 02 November 2020 at 11am GMT. The webcast will provide an update on the Company's plans and activities and will include an open Q&A session."

Hopefully we will all know on 02/11.
Meanwhile we've got 5 more trading days to weather.
Hoping for the best, GLA LTH.

Crusty FWIW spot on, for once I agree completely. Delay and uncertainty the enemy and AEX and SCIR are now waiting on or reacting to others decisions. The SCIR announcements on 2/11 are likely to be the first indication we'll get of what comes next.

I bought over a million while it was sub 0.60 - that profit is what I'm trying to hang on to altohugh the ave is now up from 1.52 to 1.63.
Frustrating.

The 500k sell at 16:22 was me derisking at least some of mine. First sell since 2017.

The positive ones ain't exactly doing a great job either.

Buts its down From 1.45 Bid Fri 16/10 to 1.06 today ?
Must be all that great PR.

But its down from 1.45 Bid Fri 16/10 to 1.06 today ?
Must be all that good PR.

Apologies should be NCYT GGP

NCYV GGP

Yeah thanks Pete.

fj I'm not a trader I'm a LTH now holding far more shares than I want because every time I get to break even the dipsticks running this show snatch a loss out of the jaws of a profit and I have to average down again.
Cannot afford to do it anymore and having been at break even for a few minutes a couple of weeks back I can't believe I am now 40% down again, over £5k today alone just because the "assurance", turned into "the farmout is done", turned into "there will be an OMC soon". Having spent 3 years chasing this promised land, watching it slip backwards incrementally just when it looks like break even is here and a profit might even be achievable, beyond stressful- and incompetent.
Why the hell can't AEX APT and SOLO/SCIROCCO formulate a plan and then publish it and stick to it ?
They are making this a traders dream and an investors nightmare.

Day traders, late comers with deep pockets and low averages and the MM's are having a field day courtesy of vague timelines from AEX and a delayed meeting from Scirocco, while LTH underwater despite continually trying to average downM are watching their paper loss mount every day ?
You betcha - hoping the long delayed promise is about to come good and that all those positive comments become reality before this is traded back down to the 0.40's or 0.50's thanks to the communication skills displayed by both companies.