I think we have to be realistic and admit that a £14m MC is to high for this company. It doesn't produce diddly squat and at this present time is working on hopes and dreams. They may well come to fruition but without absolutely know idea of how that will add value to the company and when, this is pure speculation and over priced.
Ouch, thanks for that, doesnt appear in LSE RNS tab so thanks for the pointer. Ouch
Guys reading through the messages after a few weeks away, seems there is a lot of doom and gloom about needing to raise funds and relinquishing the licence, so looked at any recent RNS's issued by the company and cant find anything that changes the companies position from a month ago or the last few years.
Pls help and point me in the direction that is causing all this negativity.
Cheers
Bit daft to ask if something is worth it if you don't know what it costs, surely. Been away for a month or so and nothing on here changed. Thank God EDL is.
Is to high and based purely on sentiment. Needs to half to be worth a punt. Over the next couple of months will get there if nothing changes and I don't mean silly RNS. Has to be the real deal signing. Kibo produce diddly squat and MCap of over 20mil. Come on down to a realistic price.
As you say misleading EDL would say facts as they see them at the time. Like an MOT only valid for the date of inspection. Things change and part of reading an RNS is to take that into consideration. From the moment it's released its history and things change.
RNS's are factual its how people interprate them that becomes the problem. If you read them word for word then you will understand that. They are always written in a way that does not state anything factual unless it is. The proof of the pudding is that you have reported misleading RNS's and they have not got back to you. If there was a solid case of misleading, which there isn't you would have had a response.
What do you reckon a group hug or individual hugs. would that help with the caring bit?
Have been following the letter to BOD thing and the hang RS thing. With the recent update cant really see what there is left to answer form the letter apart from the low ball funding last time around and whatever answer you get it will not make any difference. The company has achieved and is moving forward, supporting EDL in doing that and praising what they have on the ground would be a better way to use your energy.
I wasn't aware a share could be suspended due to management lack of communication. Who would suspend the share then?
Saus will you be out at 0.25 then?
Me to, keep some in case it pops and jump in and out with the rest. 5th time this year so far, still not sure if the SML will be the rocket people are thinking, maybe will come as a precursor to the PPA. 4.5 is a good place within the next 10 days.
This will drift back to mid 4s, the only way its going to re rate is the go ahead for the power station, even the mining licence wont do a great deal as no use to Kibo at the moment. Trade part of your pot in this one and keep some on the table in case news does pop up.
may well get back to those prices if there is no news from any companies FI related in the next few months, but you need to consider we are fast approaching a time when activity is increasing and I predict we will get upadates on the activities before year end. If we dont or there is silence by the end of 18 then I agree price will be back to 3/4's and so long as nothing has changed I will be doubling my holding. life changing from 3/4p
The journey may start 18 if not will defo in19. Once a new campaign announced with a bit of meat in the bones it will fly. The a getting drilled and I would suspect a drill to prove up how much of sea lion is in our acereage. 2019 really not far away in oil exploration terms and yes AIM is a gamble but look at the risk reward. 100m MC will be reached once plans are firmed up.
Agree Noble will not mobalise a rig on there own it will be a joint effort with the prem/rkh as they to have further drills to prove up resources. As long as Oil price is stable the falklands will produce.