Member Info for jono44

Agree that Starchild does post detail posts.
But he has admitted, quite rightly, that they are just his assumptions and his opinion.
Which he is entitle to do and many here appreciate them, as some are very factual.
But his last detailed post in my opinion was not correct, on some points.
I not saying people shouldn't believe what he says but realise that the some points are just the opinion of an annonomous poster on a bb.

Starchild I appreciate your post but are you just making some of it up.
Do you know for fact what you are saying, or just summoning.

Starchild
My take, which might be incorrect, is that lombard are guaranteed to get a return of 115% of all the shares they sell before a certain date. Any shares sold after that do not get that guarantee.
This would be an average price so it might mean they get nothing if the average sale price was above 2.3p per share, which is looking unlikely.
Which is worrying because they are obviously selling, even though no tr1 but who cares, they might dump them at any price as the deadline gets closer.
If your right can you please tell me where I can find this info as I am just taking mine from recent rns's, thanks.

I disagree with your post.
Lombard are in potters own words guaranteed 2.3p.
Not wanting a big debate but think your post is incorrect on a few counts.
But that is my opinion.

Going to an interesting day, sp imo will be going down no matter how others sugarcoat.
Got to laugh at people posting that they have €72m, but that's what gets posted so don't be fooled.

Wouldn't say that's a given, more to come.

Lombard can sell below 2p and will.
Lombard will take up the option of more shares because its free profit.
Lombard probably have never had a deal so good.
Lombard will present potter with a massive bill in the millions to cover guaranteed profit.
Shocking, no consideration for pi's., just making sure they get paid if P1 a duster.
Rampers can't

Talk of 20p here seems a bit over the top.
20p would mean a MC of around £1bn.
Try comparing that to other established oil companies.
People need to be realistic and not to get caught out by blatant rampers.
Guaranteed not many on here will still be here if it hits 5p never mind 20p, and I'm beginning to doubt if it will even reach that thanks to the dilution mr potter has done to save his lifestyle after p#1.

I'm all for ramping, if correct, but resident rampers are stating to be ridiculous.
Stop, concentrate on bpc.

Don't think any delays will have any long term effect as the effective date of the acquisitions is jan2019.
Also believe that Jadestone will fully comply with their decommissioning obligations., which would be as it stands 69% of cost.
They also have stated that they expect the field to produce for another 10 years and maybe more,
so I'm sure that the cost will be covered easily.
Just have to read MT's post to see all the details.
This is a great acquisition and will be paid by existing cash.
Once both Maari and Lemang are on the books Jadestone will be very very profitable.
Exception company and very well run, which is hard to come by on Aim.

MT thanks for your informative posts, and also to everyone else's of course.
I'm thinking that JSE will now, if brent doesn't capitulate again, go thru 90p and maybe even as far as £1.20
Once the Lemang PSC Acquisition comes online along with Maari this will give us a great boost.
I know I'm ramping but sometimes it's completely justifiable.

Do people actually believe lombard are still holding above 7%.
Who do you think is keeping the sp down.
They might be required to notify but remember this is the AIM casino.
Might get a tr1 when they go below 3% but that might not happen for a while if they top up.
How often has a company notify a holder going <3% from well above 3% , we've all seen it so don't think we see any tr1's when they go thru 1% drop in holdings, but they must be selling even if we don't like to admit it.

Be careful because there's no guarantee of that scenario, they also might take funding now because they can.

IMO Potter will and still wants the extra $10m from lombard but knows doing it now would not go down very well with pi's.
Bet he has had a few emails from disgruntled shareholders about the dilution and repression of the shareprice.
So smoky email to cover his intentions and maybe his rampers on here will do their job.
But if it works I'll be out before results and before next funding update so keep ramping and get the sp up to my exit please.

MR.S your absolutely right I made a bad investment and only myself to blame.
Your also right about certain posters agenda to post false info, but that works both ways.
Whenever results are in you can bet a lot of posters will disappear.
But remember there are derampers here but also blatant rampers and both have agendas.
Got to make own choices but there's always two sides to a story.
Good Luck.

I learned the hard way by ignoring de rampers on a certain share that I once held.
To only want to see good news and ignore what might be a very important piece of info could be costly.
Got to be able to see everyone's point of view even if differs from your own.
That's the whole point of these BB's.

This is my worry, pi's get caught in rise and potter and co can't resist the thought of money in pot to over them if p#1 goes wrong.
Be wary until Friday is all I'm saying.

Hi Ross this is how I worked it out
Spud Sunday 20th
Mon 21st to thurs 24th 4 business days
Fri 25th to mon 28th 0 business days
Tue 29th to thurs 31st 3 business days
Fri 1st to Mon 4th 0 business days
Tues 5th to thurs 7th 3 business days
So thurs 10 days.
Maybe wrong, maybe right !

I now believe that Thursday 7th is last day.
So hopefully lombard have loads of shares left so won't be tempted to reload but then again if would be free profit for them, they cant lose.
Sell at any price, this was an incredibly stupid deal for bpc and the bod got away with it,
or did they ?
Imagine giving them all those shares and saying sell them for whatever price you want and we will give you the difference, amazing.
They need to go as soon as possible.

PH81 maybe they don't care in fact let's be honest they don't give a ..... about pi's.
So they might be ok with getting $10 m then handing back say $2m to lombard and be glad of the extra $8m or whatever.
There are no guarantees P1 will come up trumps so maybe they are just getting as much cash now, takes a lot to pay wages for another 10 years, and play the Cerp cards for a while.
Anyway where's granny gone she was here a minute ago.!!