Member Info for LongTrek

That was a much welcomed RNS,
Good to see this share going up to
Where it should be.

Thanks for the link Cassius, some useful information there and i hope that business will start to pick up for Avanti now they've survived D-Day, i think they'll certainly do well in Africa, EMEA regions and South America,
My belief is companies will be inclined to do more business with Avanti knowing they've managed to pull thru, (by the skin of their teeth) so in time more contracts will be awarded and then we can finally see an upswing in share price movement, then AVN will begin paying off the mountain of debt they've managed to accumulate over the years.

Once the U.S. impose oil sanctions on Iran, then oil prices will jump
and so will this share price, bit disappointing the sp has come down to
this level, i think lots of patience is needed here.

Great to see a vote of confidence by Newmont buying into OMI.
With such a big backer throwing their weight behind them, surely
the only way is up fot this company.
My guess is it will hit 20p in coming weeks,
Hopefully a lot higher once markets realise the
Significance.

So Sunday is D-Day for Avanti then, I think this seven year lease agreement could be a lifeline for the company and once the in- orbit testing is complete, very soon hopefully, then it'll be a steady climb back up the sp ladder for this indedbted company. <br />No fat lady singing yet, and all i can hear so far is Gloria Gaynor singing " I Will Survive" !<br />Over to you South Street.<br />

I also bought these when the sp was a lot higher (in the pounds) and have averaged down over the years (now in the pence), how low will it go, before it disappears altogether? or will it sky rocket once the in orbit testing has been completed, sentiment returns and a new chapter begins in the long frustrating saga of a heavily indebted
satellite company that made it through by the skin of its teeth.
I sincerely hope its the latter.

The business side of things may seem a little more stable with the $20 million from the Indonesian government and small contract wins, ( not too sure how much they're bringing in though,) but unfortunately not the financial side of things,
the multi million dollar question is; Where will the $70 million or so needed come from to keep AVN afloat?
Does anyone have a Magic wand.? If so please wave it this way.

Now Now folks,
Lets respect freedom of speech,..if there is such a thing.
Personally i hope South Street is wrong about this share, but it is interesting to hear the negatives about Avanti, as lets face it there are very many. I think it would be boring if everyone said nice things about this share but theres not that much thats nice to say about it so far. And i do hope things change very soon too.
Like many here i want it to succeed, though
His comments do amuse me regarding AVN.

Thanks for link Tyche, like you point out, even UK territories require high quality Avanti services,
so if its good enough for us it'll certainly be good enough and most cost effective for Africa, let alone the middle east
Europe and latin America.

Theres some good news that Avanti desperately needs.
Goes to show iWayAfrica has confidence in Avanti despite the financial problems its going thru.
Its a step in the right direction.
The business side of things are gaining momentum.

Late August i believe is the target date for completion of in-orbit testing, so far Avanti have informed us that "the spacecraft is in orbital position and is in good health".
Apart from that we've just got our fingers crossed and hoping for the best.
With the enormous area Avanti covers, if it can fend off the mountain of debt, (somehow) then in the regions they cover with high through put revenues which in 2017 were $540 million they expect it to grow to $2.6 billion by 2022... and the capacity is competitive enough to sell without fretting over price drops from oversupply...In the words of David Bestwick.

I believe once successful in-orbit testing of Hylas 4 is announced, well see a slow gentle increase in the share price, and maybe once this news is released confidence will grow with Avanti customers, then hopefully we may see an increase in contracts starting in Africa and South America then worldwide, thats the hope..(But lets not mention the mountain of debt just yet though)

The slow but steady ascent is taking place,
We all know this could go a lot higher,
and the foundation blocks are being put into place.

i still give a cr*p about it as im invested here, but not many others do by the looks of things,
The company still has (apart from the not so small issue of debt) credentials to make it, after
all its got an impressive infrastructure with its presence in 118 countries worldwide. etc etc.
Also has a possible captured market in Africa though momentum has yet to pick up,
until announcement of successful in orbit testing is broadcast, lets wait and hope and.....keep that fat lady from singing.

So the offer is 2.5p. they've sent out the circular to all shareholders i believe,
I think once they buy back half the shares, ie 120,206,709 then our percentage increases.
Id like to vote no so we can obtain a better offer, even another penny, 3.5 would help as my
current average per share is 14p.
My shares are still in my lloyds share dealing account so id have to find a broker and certificate them too.

I haven't received any letter regarding liquidation,
it must be a hoax.... hopefully.

The great thing about this stock is it can stand on its own 2 feet
without constant placings etc.
Oil prices are holding up so NTOG has a good foundation to work on.

Yes it seems we are in the same boat then fella. Maybe well get to know a little more as time passes.
Ive been here for years too and its so very frustrating, i wish they'd offer a little more on the share price,
I wonder whats prompting them to offer a buyback just now, do they know something we don't?
Or do they want to give us long suffering investors something back for getting them on their feet.?
Im hoping well be able to trade them on asset match after all is said and done.

Yes i read it the other day, does seem interesting,
but id have to buy a bucket load more shares in order to average down,
as my share price average is way higher then what they're offering,
otherwise it wouldn't be worth it for me.
Not sure what to do just yet....

Surprised to see sp dropping, may be a good time to top up..
Just before the good news comes out, which hopefully won't be too long.