Member Info for LONGWAIT

That's right , fandg, and we long - term investors aren't going anywhere, either.

The idea that the oil is going to stay forever in the ground because a rope broke and everyone is going to bail out is laughable.

I can't explain why the directors haven't been buying shares.

Maybe it's because of all the long negotiations.

I do know that they have in their statements shown confidence in the company.

TOR has consistently stated over the years that there is nothing wrong with Barryroe and that he was confident of ultimately farming it out.

Many posters variously accused him of incompetence, being a liar, being a fraud, etc.

The same thing happened with SOU recently as its share price plunged and drills failed.

It seems to be normal behavior on LSE.

You really think VOG has bottomed?

You're not worried about a rights issue, PB?

Well, Members, I think I have yet to be proven wrong.

Of course, it is disappointing to hold shares that under-perform, but that is when one needs to have the courage to buy.

When PMO was 146 p a while ago, I was regretting not having bought more at half that price.
Since then, I have bought at less than 60 p.

I don't think that when a buying opportunity arises, one should view that as a sign that there is something wrong with the company or that one's thinking is wrong.

The price recovered from 19 p to 146 p and I fully expect it to break through 150 p in due course.

Naturally, I have no idea when.

Where are the posters who confidently predicted this would never happen?

I like salmon too, but there is nothing to stop a share price from rising - the market is not entirely rational.

I thought of buying UKOG for 2.8 or 2.9 p and it rose to 11p before collapsing.

Bitcoin reached $20,000 per coin.

I think HUR's 'liabilities' have more potential than an ocean of bitcoins.

MEMBERS

I won't tell you how long I've been invested.

I allowed a massive profit to become a massive loss, compounded by the rights issue.

I have actually lost more on paper than my original investment.

I don't think there is any reason to be disillusioned now.

We just need to see the barrels increase, oil price stay at 50 +, debt pile decrease, and the share price will keep rising.

In a few years' time, when the company's debt has finally disappeared, we will be well on our way back to 1051p …

especially if there is a major war in the Middle East and Brent hits $100 again.

According to https://www.macrotrends.net/2480/brent-crude-oil-prices-10-year-daily-chart

the price of Brent was $51.89 at the time that article was published.

LOGP, whose future - unlike PVR's - is entirely dependent on the development of Barryroe, has appreciated in value since the ruling.

https://www.irishtimes.com/business/an-taisce-settles-providence-court-case-with-government-as-licence-quashed-1.3777480

I don't get the posts below.

According to my understanding, costs were awarded but the settlement makes no difference to the ultimate development of Barryroe.

The share price has hardly moved - and upwards at that .

' if this SP 'does a SOU' and suddenly rockets up to 2 quid or so ...'

I have had the misfortune of being with SOU for longer than I care to remember and although it did touch 100 p once, it has recently been down to 11 p.

If HUR reached 200 p per share, I would hold on for the bidding war.

Are there any other analysts who take a similar view?

Are there anything other analysts who take a similar view?

'... then 56p just before side track success ...'
(Max1966)

It was about 28p when trading was suspended.

I agree with Malcy that this is a buying opportunity

Just goes to show what a buying opportunity 147 p was.

What's unfortunate about it?

PVR are making progress with Barryroe, Avalon, Newgrange and South Dunquin.

LOGP may be rising and may be very undervalued, but it has only one asset.

Don't want to accuse someone falsely, Abate, but I think it was one of the resident derampers.

Fair point, Fair Dealer!

But I started buying rather too soon and after five purchases on the way down, it's not so easy to keep buying on declines.

In the case of FOG, I did buy a sixth tranche in spite of another poster predicting further falls and, as with JOG, it was the very bottom of the move.