Member Info for lovelife

People have been doubling down and doubling down again on here. I was straight in heavy and toped up a few times but no where doubling down on any top ups. It is time to see a turn in fortune at the end of the month. I would love to go again at this price but I can't afford to lose anymore. I'm fingers crossed for a few rabbits out of whatever secret hole they would like to pull them form. Upturn at the end of Sept needed for all involved. I can't see there being nothing and the board have done nothing behind the scenes recently and this just flatlines. I know the RNS needs to factual but lets try to be a bit more upbeat and solutions / actions need to start coming into play to resolve this. GLA

I think people are also looking at potential v performance, Performance not been great to say the least! Potential is still there but IOG need to unlock it & Start getting it right. The bond has been a distraction, bad timing and a negative for the past few months, yes it needs paying & I think it will be. Get the waiver paid and let them move on. Get the next RNS right with good news, Waiver paid and the plan for the next 3 to 6 months capitalising on GAS production and the infrastructure. If that means a new drill then brilliant. Get 6 months of production in the bank at higher prices.

Majority of analysts have this as a hold at the moment.

Forecasting 5p by the end of next month. I know this is not high for some but it makes a base point to work from.

End of sept will reveal part of the story. Recovery mode is definitely in operation and like people keep discussing options are here. Taps open Keep producing all through Xmas and March will be a telling month to see where IOG is. Hopefully with the share price more on the 7+ side with stability a projections.

The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.

The group's activity appears highly profitable thanks to its outperforming net margins.

The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.

The company appears to be poorly valued given its net asset value.

Given the positive cash flows generated by its business, the company's valuation level is an asset.

The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.

Yes I’m not understanding this, really small colume and not high value orders are making this swing probably on average about 10%. If I bough 2k now it would be back to level for the start of the day. These aren’t big numbers 🤷🏼‍♂️

It was a waiver on last months payment that was due on the bond. From what I understand the waiver was asked for because IOG needed to keep a curtain amount of money/credit in the bank for other reasons. (The money was there but due to other administrative/legal reasons it needed to stay in the bank). I don't see why you would pay back the bond early. I'm presuming all future earnings made in the short term will be used to focus on producing gas at the higher prices. It does feel like sept is going to be along month waiting on Information on what IOG has been doing, because I believe they have been beavering away in the background whilst pumping in a shed load of gas. No news good news!! End of sept fingers crossed for some very interesting and positive updates!!

Quiet here today after yesterday. Not quite sure on the sorts, are you saying they have closed, or are they still continuing? thanks

When you say lower, what ball park are you suggesting.

i'd rather they sort all the things they need to do and concentrate on that 😊.

thanks for your great input kyc. an rns that smashes it out of t he park in good time is

better than drip feeding bits of information that doesn't add more than we already know won't really help.

the price is what is at the moment, i have no money to add more (all spent up on 1m of shares). went in heavy just pre drill and thought i would reap the rewards from previous **** ups 🙃. so happy to sit until the turn around. confident it will all be alright on the night !!!

I think there won’t be a strike in Australia, suspect they will push it to the brink and then both agree a deal. Fingers crossed they don’t !!!! But it does highlight the need for our own gas supplies along side the war in Ukraine etc. With the government putting pressure on the banks to invest more in this sector again the spotlight is on here. This is big investment being discussed and it seems to be high on the governments agenda. Looking at IOG share history they have been down here before around the 4p price a couple of times and it’s turned around. I see no reason why this can’t happen again? I agree no news isn’t a bad thing at the moment. Gas is up we know we have production (If we hadn’t that would have been reported!) The umbers stack up to pay the waiver and have money in the bank if gas is predicted as we think to keep going up. For me this is all about after Xmas to March and what developments happen then. By this time I see the share back up around 4 / 5p with potential on the horizon.

Hmmm seems to be a bit of morning interest. Hopefully a change of direction. Fingers crossed.

Agreed. That was my thought last week when I saw the shorts and extended, pure manipulation. You can see the pattern also with how closely bulk sales of the shares are put through, almost within minutes.

A lot of speculation about this company at the moment, these things play out over a significant period of time and I think IOG have enough up their sleeve to see things play out over the next year. (Which includes progress)

Could this just not just be a manipulation of the share by GSA? Buy gradually over a period of time so it doesn’t affect the share? Short it and offload quickly to keep the share down during quiet periods? So not insider dealing just manipulation? Or am I talking crap ?

Hence I wondered can you see how long the shirt is for ?

I’m hoping there is no inside information here and it’s just gsa seeing an opportunity. Open to more info if someone can add to my theory. Thanks (I haven’t got enough money to manipulate but if I had I probably would if that’s what you do as a living)

Do the shorts work with a time period on them? I don’t really know the details about shorting just the concept?

Is does seem to Coincide with volume a steady being sold off.

Thanks

Funny that & you have 5 hefty sell transactions right at the end of the day.

Surely maintenance work should be completed.

Should we have an update on this or was it covered in the last RNS saying 1 week and that is taken as a given.

Gas prices are up and looking like they are staying there.

Waiver on schedule to be paid end of Sept.

A whole autumn and winter of revenue.

News of new licenses due.

I would have thought this would have been creeping up over the past few weeks, not massive jumps but a steady increase? What I’m looking to hear about here is what plans and stimulus they have for the future. Lots of balls to juggle but what is next ?

Not really ramping, passing on an article written

August 4, 2023. So I would say recent.

Seems like a positive point of view ?

Big spread on here this morning? Why would that be? Things seem flat at the moment

They are in the gas and oil industry so gas prices are very relevant, better the price the more dollar the company can make. Pay the waivers, more money to invest. Stimulate the i gas fields IOG have and plan the next project. Gas price is very important at this moment in time. So embarrass the good news it’s up !

Lets hope IOG haven't made shut down this week 🙃

Gas is starting to creep up.

Why the volume and spike yesterday?

Good to finish on 6% up and happy for that all week.