Member Info for luckyman2

Just day traders jumped in when RKH released their news
Now bailing out with small profit.
This will only rise proper when we get a farm in partner so nothing has really changed.
This is a 12 month investment at least so we just have to hold till we get our partner . Imo

Old broker note
The problem is we have no start dates for any planned work programme.
Might not drill any well till Q3 at this rate

Scoredagainsteps

No worries as in both arg and bor
Owned RKH back in 2010 and managed to sell out at a cool £4.95

https://www.offshoreenergytoday.com/new-player-joins-premier-and-rockhopper-in-sea-lion-project/

https://www.offshoreenergytoday.com/new-player-joins-premier-and-rockhopper-in-sea-lion-project/

This is the reason why

Maybe we could farm out 70% of our discovery for a free carry similar to RKH.
450 mil bbls waiting to be exploited going cheap

Could we hit 8p by the end of the week?
Now that would be a good omen

It's all about getting in before the herd arrives.
Any sniff of a farm in partner and the boys will flood in.
Remember we have discovered around 400 million bbls
Which is there for the taking
All our partner has to do is drill a few appraisal wells lease a FPSO connect up and sell on
Just give us a free carry and we will do very well. Imho

This will be our year.
Farm in partner and 10p+ easy on first day.
Hold tight and top up if you are a believer in us getting our farm in partner this year.

Our turn next.

I have to admit that it was a very basic RNS
No gross or net figures released either.
They usually say something like 90m gross with 40m net oil or gas shows.

Maybe we could just sell lock stock and barrel for a few hundred million then shut up shop and distribute funds to shareholders.

Wow 30p now thats optimistic but not impossible.
I would be extremely happy if we got to 25p on a good farm in deal .
But anything is possible on AIM.

If we manage to get a farm in partner i expect the SP to rise to at least 8p and maybe even 10p.

It only takes a farm in partner for us to multi bag from here
Is this possible in the next 12 months?
Of course it is so that's why I stepped up again and all I have to do is wait another year.

Just hope it's good news
Certainly taking their time

Should hear something in the next 2 years

Maybe RKH might buy into arg.

Everyone on AIM wears a mask and none of them can be trusted
Everyone with their own angle of how to make money on AIM

Over a year and i am down on my investment big time.
Some strategy to make us a fortune
All we seem to do is dilute and raise more cash to keep spending on our projects.
When i first invested here i had such high hopes for a good return but they always seem to need a bit more money to prove up even more of their assets
Drill a well do a well test then drill an appraisal well followed by another well test then get permits for production so on and on.
No doubt parta and west Newton will need even more money next year to get us to production so we can sell on for even more money.
When will we ever see this money could be at least 2-3 years from here so dont hold your breath for quick monetization.
But this is AIM casino right.
Well at least the directors make a fortune on wages so they are not in any hurry to sell just yet.imo