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Kitlow - I have been invested here at lot longer than portfolio power who is effectively a newby to this share as you can tell by his incessant optimism. Just a word of warning, although it is very tempting to only listen to the positives that some posters on here continue to bleat on about, this company so far has produced nothing, has delayed multiple critical path deliverables again and again and has lost all confidence in long-term shareholders. I’m invested here and would obviously love this to take off but please just be wary of it’s previous history and don’t go putting all your eggs in Harry’s basket.
I think what you may see as ignorance for some is just realism. If you invested 5 years ago you have lost money (2% of the company?) so ALLOT of money, I’m not quite sure that equates to it being a “stand out” investment thus far do you? Having a different opinion based on the facts that nothing that has been promised has yet been delivered does not make someone a knob head, conversely I believe it shows a level of ignorance from the accuser, or “grey man” as you modestly like to call yourself. Anyone who signs off “over and out” is either a six year old child, or an absolute weapon.
Same old *******s, no actually progress been made, being “flat out”, showing us some photographs of random people in a room and introducing us to someone with and African accent isn’t what we’re looking for Harry it actually comes across as desperate. Still absolutely zero evidence of anything actually coming out of the ground and that is why the share price is where it is.
Yeah funnily enough I thought I was getting in at the optimum time to make returns, I also thought we were finally getting over the line, I’m not sure of this curve you are talking about, sounds like voodoo to me, if the financing is sorted it will go up, until then it won’t.
Portfolio Power, I am taking a wild guess here that you are new to this stock? I love your optimism mate but this isn’t going anywhere without finance package fully signed off and rubber stamped. Random unsubstantial updates from Harry whether monthly or not are not going to impact the SP I’m afraid. As a betting man (AIM investor!) i would be very surprised if there wasn’t another delay and set of excuses pulled out the bag in the next month or so. I sincerely hope not but unfortunately the pattern has been so repetitive and predictable it’s hard to see otherwise. I hope I’m wrong I just wanted to curb your enthusiasm a little as I don’t want you to get ur hopes up as I once did.
Just remember that when Fair talks about risk and reward that PM is exactly that, he is very positive and I appreciate his lengthy comments but this isn’t a sure thing by any means, especially in the short term <12 months. Mike Buck seems to get the fundamentals over the line but I wouldn’t hold your breath on that happening this year. If doesn’t, you will inevitably sat with a loss until it revs back up again in 2023. I am heavily invested here so please do not take this as any form of deramping I just thought it fair to highlight the risks rather than just focusing on what I’m sure is going to be a share price in the multiplies of the current, it’s just a case of when really. And before Fair comes back teaching me to suck eggs, yes, I am very aware that investing in AIM always come with risk, he just sometimes fails to mention them.
Basically nothing new really, still hoping Heron 1 online mid 2022 with drilling contract and permits to be confirmed. Would be nice to understand at what point do these need to be in place, one would think at least a few months before spudding as allot to put in place. Positive news that Heron 1 equipment simplistic and cradle to grave a couple of weeks to oil flow. Be interesting to see what the DQE proposal looks like as they seem to be fairly pragmatic with regards to payment in oil/deferred payment etc, be great to get them on board to accelerate production. All in all positive, nowhere to really hide if going into production in 3/4 months so hopefully newsflow soon either way.
Pre security issues the financing was almost there (not exactly sure on the wording in the RNS), why does Harry now need another f*cking 5 months to sort it out? It’s two steps forward two steps back. At least hopefully there’s an actual line in the sand enforced by the government this time and not just a made up date from Harry. Genuinely can’t understand the need for another 5 months though, sounds very much like the can being kicked again.
AGM two weeks on Thursday, do we think we will have any crumbs to keep the SP stable beforehand or will it be radio silence? Biggest risk to this, (from Mike himself) is the ability to attain rig and crew, would be nice to know if they have achieved this fundamental milestone for production this year. Going to be a long couple of weeks waiting for the AGM but keeping everything crossed for good news.
What do we think the chances are of getting the finance over the line by Feb? I’m thinking zero. Don’t understand his constant need for pointless updates and presentations when we all know that without the finance in place it’s not worth anything. You can’t drum up interest with such a terrible track record, get it f*cking sorted and then the investment might come Harry.