Member Info for levistubbs

dusterinmong I stopped way back sending emails. In the early days when I was boosting their egos I got a reply promptly but as soon as I started asking difficult questions they didn't want to know and the replies ceased.
The jury is still very much out for me here. Yes they have brought a good asset in but I think Larkers is more bothered about himself and his ego than his shareholders and constant selling and lack of Tr1s is troubling.

Bebeto I take it you didn't get a response to your email?

This is in danger of falling back below 3p if the selling continues, whoever it is now.

I just tell it like it is Airborne. You say as much yourself in your last sentence. Indeed you do need luck but more importantly you need this bunch of overpaid moronic managers to step up for shareholders and do something positive for once instead of bending them over at every turn.

Excellent post HalfSovereign totally agree. I think the comments by BL in the Rns re' the new holders was more BS and deliberately holdings kept below 3% to not highlight who was holding and more importantly who is flipping.
Brokers notes are indeed pie in the sky and the value associated to Jamaica will only look a little more realistic when and if we get a big JV partner. Until then it will not be drilled and the valuation should match that.

And the selling to stop. Unfortunately the removal of the Rkh question doesn't seem to have solved much at the moment and only caused another overhang.

Lol.

Nothing new Bradley.

Yep good news by the looks of it. The initial increase in the SP tempted the flipper out and soon got us marked back. Still it's a nice turn when you get them at 2.66p.

Well there you are 25% down you can all fill your boots.

Every bit as bad as expected, by some anyway, not the one's deluded enough to keep asking why is this so cheap.
Maybe all the bad news is out of the way but still nowhere near full production and given their shockingly poor management you never know what Gati and Co will come up with next.
You can't polish a tu*d.

Yep fair point Bebeto, let's hope we don't go down those routes.
I think the next corporate action will define many people's interests here so BL should be careful and have learned lessons.

One day duster may be but I am hoping he doesn't go anywhere near the markets again and finances anything else he is after based on debt backed by the Egypt asset because he is useless at it but has plenty of excuses to cover his a**.

What we are seeing.

The lack of Tr1s is still an annoyance. Of course if none of them took 3% we are unlikely to know who the investors are and who is selling. However given it was apparently oversubscribed you wouldn't expect to see what we are saying.

I think you are missing the point ismalia. It looks like one or more of the new holders that Larkin trumpeted in the Rns is not so sticky as he would have hoped. Either that or there is still something else going on.

Well it was hardly company changing news? It's not central to UOG's portfolio. At best the company is likely to do the bare minimum on the licences and try to pass them on in a package with Zeta along similar lines that they did with Crown. If they do it will be a nice little earner but can not see it until sentiment returns to the sector.
At least now we have the RKH share question answered we are managing to hold above 3p, although there is still too much selling for my liking.
We need the news on the ES-5 gas.

Unfortunately it looks like some of the new holders haven't been as sticky as we might have hoped and maybe not as sticky as BL hoped. That said at least we are making strides in the right direction now the Rkh situation has been concluded.
Duster I doubt the north sea is top of the list for acquiring assets and we are more likely to see more divestment from our current north sea portfolio as with the Crown asset. I think there will be something added probably before the end of the year but don't think it will be from that arena.

Ivans there is just over 63m shares in issue so at 10p we will be mkt cap 6.3m.

Lol.

All ok here thanks Rarse. keep safe, take care pal.