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Then there is the issue with removing his mud pack before he can start writing

This is great news that A5 is stable but as usual Clive provides no continuity between his RNS's. On the 2nd Jan RNS he stated the next priority was commencing the 90 day flow test but 6 days later there is no mention of the flow test commencing. Now obviously they are waiting for the mud to reduce and determining the right choke and flow rate before commencing, but Clive, please give a bit more so we can restore confidence.

Yes Merry Christmas all,
It looks like a nostalgic one at least the sp suggests it. With a production licence I didn't think we would see these prices again.
I'm going to spend the holiday period re-adjusting my portfolio so I can put some more money in here.
I've got a feeling 2020 might be a big year.

A start of a 90 day flow test on A5 over the winter with the rest coming along in 2020 will do me.

Shep I have a lot invested here and have been in and out but mostly in since 2010. I don't think it's a question of liking the company. The RNS was dreadful news, a jam tomorrow on A5 and more delays on the other deeps. The sp would only go one way on that RNS. I've stayed in on the off chance that the RNS was designed to create a drop.

From someone that has made some money by trading Roxi/CAsp I seem to have got this one wrong. After getting back in at 11p it's dwindled to the present value. As far as the typical RNS saga is concerned and based on track record it looks like A8 and 801 and A6 will be postponed to another series and as far as perforating A5 they couldn't get tea out of a Tetley tea bag.

It wasn't negative and looks as if there will be imminent news. More than what I was expecting which was the usual one at this time of year about a winter shutdown.

it's about making money, the mm's love this share. If 0.01% of the total shares are sold they will drop the price by 10% even though we are financially secure and over 70% of the shares are in the companies hands. Probably a sign that they are expecting the sp to jump.

Being in this share since 2010 and having traded it at different times I have found it very difficult to make predictions. I have seen the share bomb on a far less negative RNS as yesterday. Obviously there are other factors at play and selling yesterday maybe a bit premature but I wouldn't be complacent.

As I said earlier I reduced my holding. First time since it reached 24p. 5 years ago. I don't see it rising on today's RNS and I wasn't willing to see it dribble away again. I thought if it didn't drop I would add to my much reduced holding. OK I'll lose a bit on trades but I feel happier. I was interested to see that my sells were shown as buys. I don't think I would have contacted my broker to ask his opinion on whether trades are buys or sells. I still believe this will come good at some point so I'll keep a close watch.

Agreed Fizzy, and at first glance what appears to be buys are actually the opposite. I've reduced my holding I'm fed up getting played.

Sorry got to disagree. Typical ROXI/CASP more sidetracks, more blockages, more manana

3 trillion have taken out of the UK since 2016. Some of that money will return when Brexit is sorted, If you have money, the rich of the world, Ftse 100 companies will be the ones that have taken money out. Any director in AIM will be keeping their powder dry until Brexit is sorted. Nothing will happen until then. This is a great opportunity at this price.

Wonder how much the uncertainty over Brexit is affecting shares?

I wonder whether the 2AB deal is part of the production license conditions?

So am I relaxed but keeping a bit of powder dry in case it goes a bit lower.

Point taken but if we add the winter shutdown, March at the earliest

Not sure, I agree with CC in that March at the earliest before we get any news. We dropped to the 6p levels because objectives weren't reached in 2018 and production from the shallows reduced. While EL buying has improved market sentiment. Sentiment can drift with lack of news and because of EL buying there won't be any imminent news so we might see the 6p levels again.

A good debate from politico. It shows how fast technology is changing the world. Far faster than humans can change. The debate shows how we need to be in control of the change. You either bury your head in the sand and don't change or you encompass the technology and become an influencer in change. I wonder if that is what we are seeing in the struggle in little Britain.

Well in terms of past ones not much and actually makes me feel positive.
However when analysing the rns it leaves the usual set of questions that should be explained in the RNS.

A8 - If our own drilling team are that good why outsource to Sinopec. In other words what are our team doing when Sinopec are drilling? Sidetracking A5?

801 - I'm no geologist or oil man but I assume once you drill into a well the pressure is what it is and you only adjust the pressure by increasing it as you extract. So why don't they mention what they are doing to increase the pressure.