Lotto thanks for the update but didn't these guys know all this process would be less than straight forward when they professed to have it all wrapped up by the end of April. Yet again they have been found wanting and shareholders left holding the baby. Okenia was more than likely spot on with mid June or later. I mean it's not like they have just missed the target by a week or two and to have no update as to the state of play is more than a little gauling. Now can DeL boy step up finally and give existing shareholders something to cheer or will it be this time next year Rodders.
Don't you realise the north sea has changed riz? No the majors aren't that interested in it but many medium and large players are. Do some research it might help your argument and stop you looking foolish.
10 pieces of paper actually riz have you not read the RNS. Now ask yourself this, if indeed you can process such logic, why would so many licences be given to a company that wasn't going to do anything with them?
Some really dumb ass posts here. Yes the sp hasn't done what we hoped yet but we are still working out the raising overhang.
Why would Cluff be issued and apply for so many licences if they weren't going to do anything with them. Cluff have been issued with a high number of licences and more than some established explorers. Don't listen to those shouting rubbish they will no doubt be buying in the background.
Can't disagree with that banks69. The seismic for Jamaica will be huge news and I think they are busily working on more assets. The CEO said the next asset brought in to the company will be a step change and these guys have a long list of contacts.
Lol. Wonder what the next ploy will be as the presentations and yellow jersey aren't working. I know, what about saying we won't be raising this year. You couldn't make it up.
So another couple of the Kerim roadshow of presentations have passed with not one iota of difference to the share price and volume. In fact they seem to be having the opposite effect. Even the oober bulls on advfn are starting to get restless at the lack of clarity. If you listen carefully you might here a penny dropping.
Thanks in4cedros, well if she is in I would not think they have a lot. I have seen no big trades but may be got in on the mates rate placing last year?
I hear you regarding the risk but Turkey is no riskier than many other parts of the world and a lot less risky than some, and if fundies did not risk in the scarier parts of the world their returns would be very average. It seems they are not averse to throwing money at oilers in the Congo or Putin's Russia so I am not sure why Turkey would not attract investment.
The political risk is second to the risk of raising IMO.
Lol another 6 months before Panmure Gordon can do anything then IF we get over the nominal £20m mkt cap. What a joke. Hopefully Amanda will invest without such ridiculous limitations.
The thing is VanVan it shouldn't take 6months to sink in. Investors should be all over this but they are not.
Cheers Copshaw. But how existing shareholders are dealt with is all that matters. If it comes back at the same price or less it will have been a failure to those who trusted in the team of professionals. Hopefully existing shareholders will see a good deal too. It will be a first for this company if that is the case but I live in hope.
I must say my patience is wearing thin too Chaz. I didn't expect them to hit the end of April target, as okenia rightly alluded to. However we are in the middle of may and to not have at least updated something is becoming an annoyance. Some guidance as to the new time line at least.