Member Info for LGO-fan

In theory, yes. I suspect that we will get a def answer next week at the AGM.

ultimately they will need to get there, IMHO. Might take a while, and after some progress/milestones are hit, but ultimately this will be required. If anything to answer the fundamental question: “why invest here and not elsewhere”. It’s a competitive world....(as the 80s song goes)

From Zacks document on PQE, ...the BOD there has a clear vision, strategy and guidance/ambitions
Under management guidance:
Phase 1 operational capacity of 1,000 bpd in fourth quarter of fiscal 2019
o Phase 2 operational capacity of 4,000 bpd in 2020
o Phase 3 increase operational capacity of 8,000 bpd by 2022
o Anticipated EBITDA at 1,000 bpd approximately $6.3 million annually
o Anticipated EBITDA at 5,000 bpd approximately $29.5 million annually

They may/may not achieve that but at least they have some clear targets of where they are heading, and this ultimately what we need to see from the BOD at Attis too.

the bigger question for me is that this share suffers from lack of liquidity. The BOD going into hibernation on the communication front because they under delivered in the past, is not going to attract new shareholders and increase liquidity here. New bold plan required that needs to be successfully communicated to the city. Might be a bit too soon, but needs to happen IMHO in the next quarter otherwise this share will only collect dust. All IMHO

thank, very Helpful.

One question, the RNS states "the acquisition of a 60% working interest/ 45% net revenue interest". Maybe I am not reading this correctly but that assumes we will only record 45% of Net Revenue? Is that correct and if so, did you include that into your calculations?

Don't jinx it ! :-)

I assume LK will tell us more at the AGM

all in round numbers of course

plenty more can confirm, for sure. Btw, looking at the AR2018 we have another 128 million shares in the waiting room. So as things stand we will be looking at 1bn shares. Assuming £500mcap that means 50p share price. From now on LK should increase his mcap target if he wants to add more shares; all IMHO.

There we go, that starts to sound like more exciting plan. All we need is AOGL to communicate something along the lines of what Helpful posted. Ideally with some ambitions spelled out over the mid to longer term.

I do like the sound of what Helpful posed, certainly the 2nd part of his post. That starts to sound like something compelling. If the BOD could build on that, organise a SH meeting to communicate it's mid to long term plans, that would be very beneficial IMHO.

all true, but not helpful. Too defeatist IMHO. Everything can be done in the right way, and the wrong way. They made mistakes and should learn from it. But not stop engaging/ exciting the city. Agree first things first. They need to rebuild trust and credibility, hence I suggested “after a quarter” into the new company. After a series of RNSs during which they hopefully have proven solid progress, confidence will return. They inevitable question will be “what’s next”. The answer somehow has to be that they are working towards a plan of some sorts. Something a bit bigger than what they are doing now. Why invest in AOGL and not another share.

Yes, yes, ...why are you guys so bloody defensive?! Really, if you had to sell AOGL to someone, are you going to use this?? No wonder there is no movement here with sh’s asleep

May be think a bit more visionary:-) Making a profit is fine (and needed), but what is it that is going inspire new shareholders to come on board? There should be a 3 year target of some sort. Something that inspires, but grounded as in “ambitious but achievable “

All, I am sure the likes of Ors and Helpful will tell me all is fine - but as soon as AOGL has successfully delivered the first quarter of the new company, we need to see/hear a compelling vision for the future. When I read certain comments about this company (“e.g. a bunch of stripper wells with minuscule production “) then it is clear to me this BOD needs to firm up a more compelling strategy. Not asking for pie in the sky, has to be grounded in reality, but should be ambitious and should generate excitement. What should be in that strategy according to my fellow investors?

Hey man, speedy recovery! Hope you you will feel well soon. All the best.

plenty more old timers in the sea, Chesh! :-)

Aha! So you are the one who spent that £200 :-)

from memory the mcap was £150mn at that time, so that is roughly 7.5 x higher than today. So in today’s world that mcap would be 18-19p. The confetti machine comes at a cost, guys!

Has anyone seen the new web-site. Apologies if posted on here before. Was news to me, anyway

https://attisog.com/

Has anyone seen the new web-site. Apologies if posted on here before. Was news to me, anyway

https://attisog.com/