Member Info for johnwesley12

Been hear since April and bought for 19p,! I think things are starting to get very interesting!

Just read a couple of articles in FT and it seems in the short term this all looks a little bleak, however if financing is all granted, acquisition goes through okay and production goes up by 40,000 barrels of oil and gas a day in a years time with a target price over $37.00 per barrel, this should work out for the best! you would be best to put this stock in a bottom draw and see how it all pans out, i know some people on here would not like me saying this, but i think Tony will pull this off in very difficult circumstances. Of course only my opinion, and yes i am a long term holder, buying my first shares at 19p!

The UK Bribery Act 2010 incorporates Section 7 entitled "Failure To Prevent Bribery." This section has been established with the purpose to set out company liability for corrupt activity committed by their employees or associated persons, which demonstrates the intention to create an advantage in the conduct of business for their organisation. If an organisation can prove that they have implemented adequate procedures to protect against bribery and corruption, then they will be protected, if they cannot demonstrate this, then they will be at risk of an unlimited fine. Therefore, sound understanding of Section 7 of the Bribery Act 2010 is essential.
I just hope for all of our sake they have been following the strict guidelines, or they are open to a unlimited fine from HMRC!

Short positions have doubled this week from 0.55% to 1.13%, obviously this will have a effect on the downside in the short term.

I think this will now leak away like a little bust balloon, this was totally over priced, great entry point to short was 173.00. Lets wait and see!

Personally the results are what we expected! they were never going to look good as they were from pre-Covid 19, however going forward there should be mass of positive RNS to follow, so just hold and chill.

207.00

Strong results? They traded for a whole year, lost 3.8 Million pounds, with a market cap of 800 Million pounds, not sure where i see the value on this one. I must be missing something.

Very Well written squadraazzura, been a holder here from 19p and wouldnt sell a share based on all this information, this company has a great future, just a little patience is needed and the outcome is obvious. Thanks for a great post. Regards John

Unfortunately when the year end results hit the market, there will be only one way this share price will go and that's down, it just struggles to make a profit, therefore debt is getting bigger all the time, it is that simple!

Great RNS, Great potential, i have nothing more to say on the matter!

Very little buying or selling going through on level 2!

Just in case you missed this!
https://www.bbc.co.uk/news/uk-england-53180858

Finally! people starting to realise that it is a good idea to invest back into your company a raise a little funds to progress. lol

All buys coming through, this will go back up!

65p Open.

63p

I feel like i have been in this company for ever, i have just checked, bought in on the 09th April 2020, it feels so much longer! lol

COVID-19 is expected to result in a very material loss of revenue during FY21 and, despite the actions the Group is taking, this is likely, given the Group's high fixed and semi-variable costs, to have a material impact on earnings which may result in the Group not making any profit during the financial year, with the clear possibility that it is materially loss-making during that period. As a result, FFO leverage ratio is expected to increase significantly.

No, he definitely said you got results without sending away.