The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
I see that waffle all the time on these BBs, especially the “there have been more buys than sells yet its down”. It’s simple market mechanics driven by demand during the day. Depends on which of the MMs is taking shares at any one point too, so unless you have L2 and can monitor the RSP on a minute by minute basis it will probably always stay a mystery for you.
LMFAO
It’s got nothing to do with the MMs, they don’t sit there thinking how they can mess up PI’s TBH, they respond to buying and selling pressure. If people sell the price goes down and if they buy it goes up. It’s generally not much more complicated than that. Saying otherwise is trying to blame someone else for your own bad decisions
That would need all 4 partners in the JV to agree, and the costs for doing so would have to be paid somehow. Doesn’t help that there are no signs of any of the other partners planning to do that, and hasn’t one of them gone bust? Extending by 20 years looks like a sensible measure that any company would take when their lease is getting near to renewal.
Longish, ‘its unlikely that they will get it later unfortunately, it looks like they are going to have to take a 10% haircut on their benefits. This will be down to an assessment of having to pay the final salary benefits for such a large group of people for quite a while. Whilst that will be disappointing for the beneficiaries, if you compare it to some other companies that went into administration where they had raided the pension fund over the years and beneficiaries were left with almost nothing, it could have been a lot worse.
Maybe try some actual research on the CPR? You will find that it’s mostly condensate and lpg. This shows a better split, although if you read the RNS it’s all there in black and white as you put it.
.
https://mb.cision.com/Public/399/2800055/94ce55dea22f3bfd.pdf
That’s why it says “CPR results confirm the commerciality of the Aje gas development”
The recoverable oil is running out.
Well Ronaldtrump, seems that the cake missing it’s icing then. “Share price on the move again 6-7p by (last) Friday” LMFAO. You were accusing everyone on here of being on the strong cider, but looks like you are the one having to deal with the hangover. Exciting times, rapid (hyper) growth my backside. You have zero credibility.
Applesauce, they have a cheek to say Bristol with those that are left. Only a single one in the centre. Not only is the market cap and reality miles apart, what the Directors are saying and what is actually happening are too. Maybe sanj will start his own restaurant? He could call it the House of waffle.
Redheadedrager
Who mentioned ujo? Not me for sure. This is the ukog board.
But tell me, if this is such a good prospect why are the Board not selling everything they have and putting it in here? Surely they are the ones in the know?
No mate, economies don’t run on thin air any more than ukogs fluffed up market cap is grounded on the fundamentals of circa 300 bopd.
Why do they keep going on about how many barrels sold in total? Proper oil companies deliver that amount in a day.
When SS buys some shares with actual real money is when things might change here. Until then my advice is to follow his lead.
Running a big TV advertising campaign. Where are bigpi5h?
What a load of sentimental waffle. Market likes to see progress and this lot have made none, unless you count burning though even more investors cash as progress.
Sanj is busy, busy, busy, busy, busier than a busy busy bee apparently. Maybe he’s hyper busy. LMFAO
Anyone can get out at any price. The question you should ask yourself especially on AIM is would I buy shares in this today at this price. If the answer is no then time to offload. Plenty of volume here so no trouble offloading them.
Whoops, looks like someone is not convinced of the hypergrowth. No doubt one of the rampers will argue it’s a buy.
If they were planning to use the new capital to increase production do you not think they would have mentioned it as a purpose in the various rns’?
Going the right way or not, they won’t get a penny of revenue from aje until next year at the earliest.