Member Info for mcadder

Once the herd is here the SP will have already taken off. I don't want to be piling in paying double or more so I'm locked and loaded ready for the catalysts that will drive this back to fair value.
C'mon ap90 don't tell us you have no intention of buying in here with all the attention you've been giving adme recently. Just be a man and admit it lol

Still looking for that cheap entry hey ap90 haha

Great summary thanks Slowly

Because of those 2 chunky 107k buys yesterday looks like it's full ask at 5.25 for even small amounts so this should tick up soon...

Let's see if they delete this one lol....

Partner ADM Energy #adme has advised that development drilling on the Yinka Folawiyo Petroleum-operated Aje field (Phase 2) is likely to take place in 2020.
Eyas Alhomouz, the American chairman of Petronor is negotiating to increase the company's hold on Aje field OML 113.
CEO's interview: OML113 is very developed asset with no geological risk producing 3500 bopd. #Petronor brings wealth of offshore experience from Norway,they will own 50% of #aje economics,therefore much easier to finance. Ready to take the next step for further development.

The question you should be asking if you were genuinely interested here is "will it go up?" and the answer is categorically "Yes"

Grenada has already been covered here no point going over the subject again

Oil currently back up to $63.14 From recent low of $57. If oil gets back to between $65-$70 a barrel - given that the CEO says oml 113 is producing 3500 bopd (net 175bopd for adme) then next lift will be required early Jan so:

175 bopd over 3 months (16100 barrels) at say $66 a barrel would bring revenue in over £1.062M - a £150,000 increase compared to the same amount of oil at $57....

2x 107k buys 7mins ago whose starting to look silly now hey ap90....

If you want to bring balance to a bb try starting with some actual credibility hey instead of persistently saying for the last week things like.....

"Placing failed"
"Cash crunch coming" etc etc with absolutely nothing to back it up. Easy to say isn't it ap90 if you want to attract attention or simply find a cheaper buy in entry....

"Wrong again mcadder"

I invite everyone to check your posting history which speaks for itself haha

Clearly you have no intention of looking constructively at this company cos if you had you would know from Osa's first interview that from his own admission, they already have deals on the table prior to him becoming CEO and that these potential deals just need structuring.

Funny that ap90 cos he never has said one deal every 4 months he just confirmed they'd have an equity stake in 3 assets within 12 months so your statement is complete BS.
Plus prior to that they'd option each deal and make sure they have the funds ready to then complete each deal.
Clearly someone like you that consistently spends time de-ramping every single share has zero credibility.

So what you are saying then is that because it came from Osa it's not to be believed right?

Have you got any evidence to suggest that Osa has not been open and honest with investor's to date?

Didn't think so.

Nice development today here for the aje field development in general I suppose Dan Brown would class it as fake news as it's very positive haha. Showing your true colours as always Dan

Thanks E AL - yes I'm certainly active on here Spikey but that doesn't mean I'm in the same category as you Lol

https://africaoilandpower.com/2019/11/04/market-report-oil-and-gas-sector-sees-uptick/

NIGERIA
At the Future Investment Initiative held in Saudi Arabia, Nigerian President, H.E. Muhammadu Buhari said the Nigerian National Petroleum Corporation (NNPC) and Saudi Aramco will collaborate in revamping refineries. President Buhari met with Yasir Al-Rumayyan, chairman of Aramco and Saudi Arabia’s Public Investment Fund to discuss areas of cooperation.
He has directed the Minister of State, Petroleum Resources, H.E. Timipre Sylva; the Minister of Industry, Trade and Investment, H.E. Niyi Adebayo and the Group Managing Director, NNPC, Mele Kyari, to work with the Saudis and expedite the modalities for investments and collaborations in Nigeria’s oil and gas sectors. He also noted that NNPC would soon embark on a diagnostic assessment of refineries, pipelines, depots and other infrastructure across the country to ascertain the level of collaboration with Saudi Aramco.
Meanwhile, NNPC says its data-focused program “Operation White” is helping Nigeria with budgeting and planning, as it provides accurate analytical data that shows the exact energy needs of the country. At the touring of the expo section of the Oil Trading and Logistics Africa in Lagos, Bala Wunti, Managing Director for Petroleum Products Marketing Company, said the Ministry of Petroleum remained committed to ensuring energy security for Nigerians and their business and in ensuring that the country meets her 40-billion-barrel oil reserve by 2025.

Everyone knows that volume can change in a heartbeat upon good news it's not exactly rocket science is it Spikey/ap90

Absolutely E AL and PEEL will have been lapping up any seller's making money on every trade - lucky them hey

Slowly et al for someone like ap90 to constantly post on the adme bb in the manner that they do tells me one thing and one thing only - they are clearly looking to buy in here and hoping for a cheaper entry otherwise why waste your time trolling the bb for no other reason unless your just simply a sad individual?

And let's not forget if they were desparate to raise more money they would have done weeks ago at current SP levels....

The placing hasn't failed - it's two thirds complete with just the remaining 278k to finalise. So with 553k already raised even if the last stage is cancelled it certainly hasn't been a failure dimwit
Speculation and conspiracy theories in full flow for you tonight Spikey err I mean ap90 haha