Member Info for Kejoglo

The share price has been pegged back because of "delays" which means first oil is only imminent now, when that comes in we would have been as high if not higher than this bid! The bid is possibly lower than what we should already be! They are not offering a premium but getting a discount in real terms once the oil is flowing which it should be now. The board have "somehow" been "persuaded to accept - tell us all the details - salaries bonuses etc. RUBBISH.

Just to get back from Cliff Richard nightmares I am surprised no one is mentioning the recently announced Iran sanctions and the likely long term issues this means for oil price.

Bigbench - I will put a ring round next Tuesday on my "Cliff Richard calendar" with the letters "BB". I genuinely hope you are right! I am certainly not selling any shares in Ithaca any time soon. Best wishes all.

Bit of a climb on Brent expect to see it mirrored here soon.

BlooBird, Your link is pretty old news to be honest. I agree 1st of February when the estimated time is "February" is a bit optimistic but it really depends on how well things have progressed on site.

What tanker has gone missing, have you got a link to news article?

Forgive me if the answers to my questions below are obvious to you. I have been trying to understand a little better the business model that this company has. Clearly it is an umbrella to a large portfolio of new "set ups" spawning from London, Cambridge and Oxford academia. Now I can see that if a constituent company invents something that is licensable then that could produce income but what then is that used for? To develop the constituent company or to invest in a new company or in a struggling constituent?. Also is licensing the only way of generating money apart from selling off the individual companies? My other question is when these constituent companies do not thrive - as some are bound not to - how are they weeded out? How long do they get? I cannot see how this umbrella company will not inevitably bail out constituent companies that really need to end and not feed thriving ones that could grow massively. Obviously you need to give them all a fair chance. How do they manage this?

Your comment from 20th January see below. " First oil next week RNS. If I'm wrong I wont post here again...if I'm right I don't expect to see you here...is the bet on Kejoglo?????" Now I did not take the bet which is good because you would have only changed your name but I did predict that the minute you were wrong you would instantly forget it and make the same prediction again - which you promptly did! Also I stand by what I said before which is if you keep making the same prediction over and over again then EVENTUALLY YOU WILL BE RIGHT! Let's hope that is soon.

From a peak of about 467p in September to 295p today. That is nearly 40% loss in value over less than 20 weeks - at a time when the pound has been devalued as well which in comparative terms means it is even worse. Does this mean we have a bargain buy here or is there fundamental things wrong?

Atmos how have you calculated NAV? Also any significance in the director change?

apology for what? I want it to happen and think there is at least a chance it could. I have not disagreed with you at all. Read the text. I cannot say it any clearer!

It would be pointless bigbench for the following reasons; 1- I have never said it will not happen next week only that if you say it all the time at some stage you will be right. 2- I absolutely HOPE it is next week! Oh yes please! I am holding an awful lot in Ithaca and intend to continue long. 3- Neither of us would disappear I fully expect you would either have some excuse or simply change your username. Perhaps I would! 4-If next week just happens to be it great but I want to be around to remind you about your previous wrong predictions and feeble excuses "if it was not for the junction boxes"! Eh you worked that one out all for yourself. Cheerio and keep with it as you have said to others we are on the same side.

Yes Bigbench but you also said in NOVEMBER; "My guess Vlad is oil is already flowing and they are adjusting all elements topside to accommodate this before announcing actual flow rates..next week!" .... and more or less repeated between then and now. If you say "next week" every week you will eventually be right one day as long as they do one day get the thing working! Hopefully this will be soon - I have never predicted a date let alone said late February. I hope it is soon and some of the information on this forum (rather than wishful thinking) has made me think there may have been progress.

Bigbench - even a stopped clock is right twice a day.

Somekindofnut - I tend to agree with most of the things you are saying but where do you get the Enterprise value of Ithaca to be over £2?

Well I have said it before and generally been ignored and expect to say it now and generally be ignored ... hey so what.! Even at this price there will be buyers willing to take your shares off you. Unless you have absolutely valid personal reasons to sell I say hold unless you think fpf-1 is going to sink. If not hold and wait. Even with delays this is going up and if Sterling falls what else are you going to do with your money? Plus if, as some of our more optimistic investors suggest, we get to the giddy heights on £1.30 will we see the likelihood of a realistic takeover? This is the question that I cannot fathom - forget oil price - at what event/time/situation will someone try and buy out?

I think that we should not lose sight of the value of the pound at the moment which being low will make this sp a little more atractive than otherwise. However the robustness of this sp in the face of another delay is impressive. There is some confidence out there.

My buy was not far off 3 times the actual listed biggest buy/sell. Whether it is a buy or sell is interesting but for me it is the value of the trade both the amount and the price which is most interesting.

Hello, can anyone enlighten me as to why when I look at the trades for this company I see that a sell of yesterday of about 12400 pounds was the largest trade and yet I had a buy which was considerably larger than this which is not shown at all? I am more concerned about what else we don't see.

Well I have topped up again and that's it for me. Let's see what happens in the next few days. Ithaca is interesting, exciting and full of potential - but not for the faint hearted! Keep going.