Member Info for matherdj

I'm not saying anything specific was mentioned. It was more reading between the lines. AGM before summer as lots to get in place was one (I think). Need to listen again really.

You were at the meeting CP. To me I heard a level of suggestion that a deal was being discussed that may be acceptable to the bod. I'd have to listen again to find out exactly why I thought that, but that was my take.

Yes, but solo have a proven asset worth multiples of the current market cap. At these prices and even double, I think this is a very good 'bet'. That's ignoring the other assets. We shall see.

I wouldn't disagree. The main problem with solo is the constant investment/dilution without maturity of previous investments. The meeting with the BoD put that across quite strongly this week and I hope some resolutions will be in place for the agm to curb this until the business model has been proven. With NRs recent purchase of a fairly significant amount of shares, and also some things said in that meeting, I get the feeling that isn't far away, be it this year or next. Hopefully HH will bring some income in the meantime to keep the lights on without the need to draw down on the expensive loan available. I have to say that creating an investment company, diluting shareholders whilst drawing a fairly considerable wage and then buying a chunk when all that investment is done and maturity beckons is pretty sinister/smart. Take your pick as to which if not both!

Sorry, not 26. Only time will tell on that one but plenty or pressure to make each drill very profitable.

They've reported something like 6 to 15 drills required, not 30.

Ie the pipeline sorry.

I thought they need the infrastructure in place before they could move to 2P is the pipeline. Is that not the case?

I think it was part of the deal that they have to broadcast some of the big games for free. Not a strategic decision from BT. Happy to be told I'm wrong, it's just what I remember.

Lets hope we get some news on Monday. Feels like its about time now.

You guys did well today cperkin, bd and jetty. Very balanced yet got some difficult truths across. Neil sounded fairly bullish for the year ahead, but wouldn't expect anything else. Thank you for taking the time.

I haven't even got skirting boards anymore! You guys did well today cperkin, bd and jetty. Very balanced yet got some difficult truths across. Neil sounded fairly bullish for the year ahead, but wouldn't expect anything else. Thank you for taking the time.

I was referring to your original post where you mentioned pounds, but don't worry :-) Now come on Aminex and spill the beans!

Those weren't million pound buys, but million share buys. Would be very nice if they were though. Still, last week whoever it was must have bought 250-300k worth in that day.

If we had someone buying in million pound chunks I'd be very happy ;-)

Yes John, the real spread seems to be 2.40-2.50.

I was just reading this myself and trying to work out if this is good news. Its obviously good news that the competition is reduced, but not sure what to read into and 2.17tcf discovery not being economically viable. Not enough detail in the article as to why.

The meeting is happening this Thursday, far before any egm could be organised. I assume that an egm where our votes would be properly verified is still on the table depending on the outcome.

That's the way I see it too and bigd has the list of shareholders if the resolutions are not satisfactory and can then call an egm if required. Fjones, this really is a logical and sensible approach.

They could have bought in 500k - 1m blocks over 5-10 days no problem without affecting the sp too much. They'll make their money though as long as they have a little more patience on the sell side.