Member Info for LONGWAIT

You mean Bullson, that the tax credits are worth about the same as the market value and also the cash in bank?

Are you named after the park in Bangkok, Lumpini?

Do we still think TE-5 is worth 27 p per share?

Points taken, SG.

I have no right to speak on behalf of thousands of relaxed shareholders and now that another RNS has been issued, we can all relax.

Not sure they allow name changes on this LSE (although they certainly do on the other LSE and AIM), but I've been a member for nearly five years and so, as you can see, JTF, my choice of name was prescient.

Yes - that's why I added a final paragraph.

We are none the wiser without a further RNS.

That's why I can't agree with the poster who says no news is good news, although I would like to.

I don't know any more than anyone else, and obviously the worry is that the RNS could say that they found plenty of gas, but it isn't commercial.

But after saying they had found gas and taking so long to confirm what is there, is it likely that they will then say, sorry, but we've treble-checked and couldn't find commercial oil?

The only thing worrying me is why they don't issue an interim RNS, knowing that shareholders are in such a state of anxiety.

I'm never a ramper nor a deramper.

The last paragraph of my last post was intended to be ironic in its entirety.

Well, ddboy, a takeover price of 100 p would be an anticlimax, as at one time we thought it could be 1000 p, based on JP's Gherkin performance and other statements.

On the other hand, considering how many expressed doubts about the shares having any value at all, it wouldn't be a disaster.

My average is now below 50, so although doubling my money would hardly justify all the aggravation suffered, it would not be a bad result - if it happened.

They don't call me LONGWAIT for nothing.

I've been watching paint dry at HUR, SOU, JOG, PVR, LOGP and FOG.

SQZ is an exception.

I think I would have been better off having myself put into a deep freeze for a couple of years before checking share prices again.

'Richard Griffiths ... sees an opportunity.'

Of course.

Unless we are to believe that he is in league with 'city spivs' and crooked directors and, of course, unscrupulous rampers like me, to trick people into investing in a company that obviously is well on its way to going into receivership.

It seems everyone's giving up.

I suppose the Saudis will be next.

How do you know the BOD is unwilling to engage with RG?

Most drills do come up dry.

Obviously, RG thinks JOG is undervalued and so do I.

I have a feeling that there were similar posts, including ones calling the company rubbish, when the price was 29.5 p and that they all stopped when it was rising to 399 p.

I don't agree that a slumping share price means the company is 'rubbish.'

I hold TUI and saw the price fall from 1814 to 688, but that doesn't make it rubbish.

JOG wasn't rubbish when it went up to 399, either.

'poor r n s,' GB?

Looks more like poor punctuation to me!

One sentence - about 200 words long.

Well, DSPP, presumably HUR agree with you that time is of the essence and that is why they agreed to a farm-out of Warwick, a deal which was criticised here for giving too much away.

YW Cebo.

That was also before further dilutions, which means that it would be worth less than 800 p per share.

Quel dommage, as Double and Escargot might say.

https://www.energyvoice.com/oilandgas/81259/activist-investor-sees-17bln-potential-in-north-sea-explorer/

"Can no-one can explain why their share price predictions have so far been so wrong...?"

The explanation is simple: we badly underestimated how long it would take other investors to realise what a bargain HUR shares are!