Member Info for JohnBriggs

Still the same company, yes. But now haven't been able to prove the existence of commercial oil at P1 and have issued billions more shares in the process. Good luck with your "news", 7p incoming. ffs

You're absolutely delusional, Petrodollar. The drill was targetting millions of barrels of oil, not some technical outcome. Insulting statement from you, and given the fact that so many have lost so much here.

Moron. Hopefully we can rub your nose in a loss one day.

BTFAITH you have been predicting a bounce since you jumped in yesterday. If you are so confident you are going to make a quick 10% then why not just keep your mouth shut and let it happen. Have some consideration for those nursing leave losses here who will be largely uninterested or unimpressed in your amazing “abilities” to jump into the days top faller in order to catch a bounce. Unbelievable.

Complete vanity project with shareholder value destroyed via diabolical funding at a critical point pre - spud. Do you think they will do the gracious thing and resign?

LOL indeed, Londonwhale. Can see this taking another dip as the realisation that the bounce that's been predicted since 8.15 this morning isn't going to materialise. A surefire way to lose money here....

Yep - begging bowl and more dilution. Death spiral territory now. Might be some trading opportunities but the "company maker" dream is gone now. Reality check needed by all, don't hold here out of stubbornness or if you think this BOD have anything clever up their sleeves. They've proven time and again - they DON'T.

One of the few posters you want to believe more like

It's not live though is it? They've already said it's pre-recorded due to the time difference in Perth.

Oh give over Pageof Cups. Total made-up nonsense.

I love how people make up their own excuses on this board. SP was supposed to be here tonight, things didn't just suddenly change in terms of what he could know - this has been planned for weeks now.

The fact he's sent someone lower down the food chain is just p*ss poor, no ifs, no buts. What exactly is he paid for? I'd say representing the company and engaging with shareholders and potential investors is right up there myself!

Agreed, Sturdz. Personally think it will drift further without news but longer term one would hope for significant improvement if only the company can clearly communicate its strategy and actual income numbers

Agreed, Pro but having set that date they should have provided an update. Very poor IMO.

Love your enthusiasm pro, but the trend will continue to be downward unless the BOD deliver on their previous statements. The last couple of weeks have been in anticipation of the prospects. Yes it's been played by a few cynical traders but the longer no news the deeper the trend back.

Agree on both counts, Harry. I can see there being a boardroom bloodbath/ shareholder revolt if the value-destroying, "funding the future" finance deal this BOD made on the back of P1 success doesn't pay off.

The phrase "authors of their own demise" springs to mind.

What annoys me is a BOD who don't meet commitments/ communicate with their shareholders.

Disappointing but not surprising. Care to explain that statement? How can you expect a company to win confidence and credibility on the scale being touted on here, partnering with world class players, if they can’t communicate or meet their own commitments to shareholders?

No comment then, Dave? Lol

Let’s just hope it’s not another “surprised and disappointed” RNS, eh Dave.

Dicky gone v quiet. Oh well.