Member Info for LtdAxis

The 500,000@0.89p was mine

At least 10 companies he is director of.....

Steve: Saying don’t get too carried away is not negative .
Still have 1.3 million shares ….

Don’t get too carried away. Biggest trade reported thus far was a sell almost equalling all the buys .

Saying that I think it’s a good punt at these prices

I added 300k@0.9475p
Banking that the train that is now at bargain basement parkway is heading directly north and not via freefall central

This share has always done this . I remember when the tie up with shell was first announced, after a brief rise to 5p it then dropped all the way back to 1.5p
I think the long time until results (2/3 months) has led some people to move their money elsewhere for the time being .

They’re all held by someone Suthy!

Steve: have a million now @1.16average ( bought yesterday). Not sold a bean ;)

It’s been quite rough in the North Sea the last week and the next few days ….probably above safety levels for spudding . Looking quieter next week

Now 70p!

Noel: bubbles posted once . You’ve posted at least 10 times today ****ging off one post .

Boring!

You have a big holding . Concentrate on that and your strategy . This will, under normal convention, rise prior to news on the results of the drill .
As to how much no one knows and posts urging caution or posts with unbounded optimism will not make a difference ….and will also make no difference as to whether it’s a positive drill or a duster .

My guess is 4.5p by mid January prior to results and a drop back to 3.5/4 if positive and 1.5/2 if a duster .

If positive it will eventually climb up towards 10p+ (after the initial drop due to profit taking .)

Just my opinion

That’s my opinion and my buying /selling will be based on that

Yes! 30m shares . Same value.

RKB: I did post that I was disinclined to believe you had a holding close to 300m shares , £300k at todays prices and I imagine if you have you’re average would be at least 1.5p so you may well be very substantially down.
But I take back my doubt publicly and will keep my private thought to myself as I couldn’t prove it one way or another . Your holding is your own business .
I hve 650k of shares at an average of 1.25p and as Steve says, I will be looking for lobster rather than beans. ;)

Good luck Noel . What do you add to the conversation?

Noel: there were 4 posts in total over the weekend and only one mentioned news on Monday ….

I don’t think anyone can have any beans at this price Steve .

He’s just frustrated with the performance of his investment here Steve..as are many others

Ensilica flying today?

Jambone, why do you keep multiple posting? You call others out when they do .
Latest podcast has 30 % increase in bul.s**t since the last one . If they keep at it, then the next one will be complete bull and we can all go home ;)

IMHO this is what has depressed the share price more than today's rather garbled RNS that even a quantum chip would find hard to fathom....

Would be useful to clarify whether that is aTOTAL liability of €450,000 ( for all defendants) or €450,000 PER defendant. I think the former. Therefore, contrary to what RKB told us a year or so back, only 5% is covered by insurance and the rest will have to be pursued through the courts as it is highly unlikely they will just hand over the dosh....so years....

"The Company will now start the process of collecting the Award Payment from the defendants. However, considering the size of the Award Payment and that only one of the two insurers involved in the litigation was held responsible for damages (with a liability capped at approximately €450,000.00, plus interest and adjustments for inflation) it is worth noting that there is currently no certainty on the exact amount of the Award Payment that will eventually be collected by the Company and the timing of receipt of any such funds. CL17 will, inter alia, evaluate the defendants’ assets available to be seized should voluntary payments by the defendants not be forthcoming.