Member Info for lejjb

No more trading until we find out if Nigel's clinched that deal!

Good luck to all of us.

Comparing to the SP of the previous transactions, that was almost certainly a sell, sorry folks.

We stayed relatively stable, looks good for next week.

(Malcy was quite vague TBH, it wasn't positive for sure, but there was no real specifics either, it's not really worrying IMO.)

The CEO's "hope" became a reality!

Massive drop due to a prudent RNS about Brexit issued this week, but the profits grew last year and T.A. indicates a reversal has started.

I forgot about the gap on open: I've swallowed my stupid pills today, I'd better step away from the keyboard for a while!

Down 20% at open, with a climb back up to minus 5% as of now.

That means a superb hammer that would make Thor himself proud. Which is a strong trend reversal indicator.

If the SP does not deteriorate much, it is quite likeley to go back up sharply on Monday.

It does not matter much anymore anyway, he's described what's happened and how they are going to remedy this, with no funding issues to do that.

On that I agree. Probably a case of him assuming all was well because the contractors didn’t tell him otherwise. If that was the case, still not massively professional, but hey, that’s AIM!

No A bit the same as for a house, but on a bigger scale. Some houses built near each other may not end up being as stable as each other.

No, as he explicitly said in the RNS: they have insurance and loan facilities already set up.

Yes, the CEO did all the right things all things considered. And no funding issues.

Obviously it’s AIM though so the reaction won’t be great...

That also implies that they will be even more careful of the geology when repositioning the rig now.
And nonfi

Well, if we are to believe the authenticity of that e-mail, jb did say that he "hopes" to update tomorrow, so it's not a big commitment from his end and i wouldn't say that his reputation is at stake!...
...I'm staying put for Monday.

news tomorrow? wouldn't he need time to draft + run the RNS past the nomad first, putting it back properly to Monday.

(Not that it's a big deal in the grand scheme of things.)

Don't you think it will take an additional day to draft the RNS + get Nomad approval, i.e. news Monday?

It appears that I made a proper mistake there - I confused my companies' data.

That aside, I am still confident it will go back up to 12p based on my earlier points and the 2.5 OP increase since the statement below.

Considering that this company is already profitably producing and does not need the oil from that drill to operate, that's another case of sell off triggered by MMs and sustained due to PI rainbow chasing.

I agree with cperkin that AAOG should not be much financial affected as a direct result of that drilling issue due to the nature of contracts with such suppliers.

It's a case of waiting for the updated timings from AAOG now, this ought to get back to 12p at some point in the near future.

The reasonably strong volume also makes such transactions have much less of an impact on the SP unfortunately.

Nice job with this company boys, shareholder pressure seems to be working.

Lakshmi - last time FOOT dropped (with a "rock bottom" RSI), it was 105-ish at open and went down to 79ish at close, and went all the way down to 64-ish after about 7-10 days.

I wouldn't call that a bounce.

Unless you now advocate focusing on intraday SP movements, in contradiction to what you last said on the NTOG board?....