Member Info for levistubbs

JBBrown yes indeed they could but we were told they had been put in to safe hands by the man himself yet miraculously all holdings were kept below notification, strange eh.
Of other interest it will be interesting to see how BPC battle the environmental activists as surely any drilling planned around Jamaica will likely attract the same unwanted attention.

Ghtrader for your information I have been in this stock from the very early days, probably longer than most on here, and bought at all sorts of levels.

Indeed you are right with all your points, Egypt, Italy, Jamaica etc, but then why can't it hold 3p? Isn't that the question you should be asking, and why every time there is a danger that this might actually start to rerate to somewhere nearer fairer value the sales kick in.
I am sure you are going to argue Covid and may be blame a wee bit of brexit like Brian likes to do, but the news we have had should have far outweighed any trouble as good news at other oilers has done.
The main annoyance I have is that we were promised a transformational deal. In time may be it will for shareholders but to bring a transformational deal back to the market at 25% less than you suspended at was pretty poor and I am not sure many of those bigger shareholders who took the placing at 5p have forgiven that.

There must have been an awful lot of people who bought in the depths of the pandemic but volumes certainly didn't show that and why would PIs who took part in the placing sell at a loss when oil is going up. And surely Wee Larkers put the rest in safe hands, didn't he ;-)
The selling is nothing new. I have been telling you about it all year. There is no rhyme or reason to it but still it continues. At least before it was getting above 3p before being pulled back. Now with a much stronger oil price and some big fantasy cpr figures we can't even get above 3p - go figure. I wish I had the answer.
So yes Mr Beaky it is an absolute joke but it continues.

Another stunning contribution from JTDOLAN lol.
Ahh the old Brexit excuse doing the rounds again, wondered when that would resurface.
The simple fact is that the selling continues like it has done for some considerable time to keep this down choose whatever the news. I told you all about it a long time ago but was being negative, apparently.

We have ****wellin and it is down. The 'fantasy numbers' made no difference to sentiment here but I am sure the majors will be banging Brian's door down ;-)

Lol no need to apologise about calling me names Caribbean or anyone else, I don't give a hoot what faceless individuals say about me on here. I says it as I find it. Has the share price taken off on this news, no. Has the selling stopped, no.
Hopefully next year we will get a partner looking to throw $50m at Jamaica. I call them fantasy numbers as until the drill bit does the business that is what they are. I well remember the billion barrel Tower prospect that was glowing in the dark on the seismic and found squat.
As for patience I have been with some companies many many years longer than this.

Those numbers won't be recognized until they get a partner with deep pockets and intention to drill. The Colibri asset that has plenty of seismic was not valued in so why would these fantasy numbers be.
And there are still plenty of sellers, as ever.

Sometimes you have to read between the lines Caribbean, I will leave it at that.
JTDOLAN you're an eejit!!

No complaints from me there. We know there was a maximum of 6m shares left to issue. To get 3m away with no discount and no warrants is pleasing. Darren building the company in the right way.

Ooops no surprise there.

Thornback agree and the market reaction seems to as well. Hopefully the long awaited updated Jamaican Cpr will be out before the end of the year and may be some sort of state of play on Italy.

Still no Ash gas connection which is very disappointing but at least we have a drilling plan again.
JTDOLAN if you think gas production in Italy is going to start 'early' next year I think you are going to be disappointed.

And so we enter December with still no news of gas connection(s) in Egypt, no updated drilling plan or spud and still no CPR for Jamaica. I'd like to say it's been transformational but I can't.

I look at it as softening shareholders up by saying look we are taking some pain too, now we are bending you over again.

Remember they had to cut down on the last placing to keep within the rules and cash flow is not coming until much further down the line as stated by the man himself so what is going to keep the lights on and servicing the loans.
Time will tell.

The biggest clue yet that the cupboard is bare, IMO, and will place as soon as they are able. Be careful of chasing it up.

Wow!!

Yes myfirstmillion and funnily enough that is what it is like holding this share only the marker for rinse and repeat is not the start of a new day it's the marker for 3p and sellers to appear.

You mean after all the 100s of millions of shares that have changed hands around the 3p level there is still resistance :-/ Must be all those Rkh shares Larkin but in to tight hands lol.

myfirstmillion my point is with the news we have had we should be well above pre Covid levels and not have been trading below them still. Panr for one and they are not even producing.