Member Info for MF2017

HEART break on a dip given a decent RNS.

I am not buying any shares until after the placing. It's going to have to be lower than current market price and additionally be attractive to institutional investors so is going to be discounted to.Hold your shares and hold your cash!

Interesting idea JB... increase our share... Buy out Humber... Some homework to do! How to find out?

How did you come up with this idea, JB?

Hi board,
The placing was a bit of a suprise to me, but I on reflection the signs were there. I didn't do enough homework! I am relatively new to AIM.. 2 years... But what is clear is that sell on news while a stock is in trading range... Which I see UJO as now. Slow cumulative gains. I should have sold when my holding was 110% up... Lol..

So WN isn't being drilled till next year... Results by summer... If I had read that I would have sold. Wressle if successful is a plus, but given UJO is in the dog house, can't see this going much north due to placing.
So the high. 020s and beyond are realistically not till next summer.
UJO is still in rinse and repeat range.... But would suggest you hold off buying until after the placing as it's going to be low... No professional investment team worth their salt are going to be fair and considerate of LTH.
GLa

Wow... Prempun... I was being optermistic. So you think less than. 12 for the placing... My wet dream if it is. But can imagine we will be sub 0.20s till next Q1 without substantial news.

Just luck JAdam. Price could have gone either way. Good for you though

Hi board,
I am tempted to top up as got in at 0.15 a year ago.... But feel it's a speculative buy as can't see a placing being made that is above current market SP. My AIM gut tells me wait. I Crystal ball the placing at 0.15 to 0.17 range

Then the inevitable dip after a placing.

I am sorry to wish this... But I hope the SP drops a little more. I would like to top up.... Please MMs manipulate it a little bit more....lol

Lmao..... "Find in the north sea fairly easily".
I don't recognize that point as true. It is considerably harder to take oil out at sea. I think that is why onshore is looking more attractive as an investment. If you look around the UK... conventional licenses and drills have been approved by a number of councils.

Lol... Who is whipping up nonsense about a placing. SP is drifting coz it's AIM and news cycle is low at the moment. Nothing has changed. A great company to invest in. The new floor looks around 0.20.

Top up if you have funds.... If you are a day trader **** off to another share with 10% daily spikes and make your £50 profit.... Please don't add nonsense on here.

Thought I'd add a point: a lot of day traders pulled early gains today and probably went to KEFI.... keeping the money train going. As stated below, fundamentals not changed on vast if you have a longer term position.... Think the initial flurry was probably because there was an RNS... lol! Day money will be back tomorrow.

No I most certainly have not!.... I have a 1 year horizon!

Have to say... This is the first time I have bought into a share and closed on the same day in profit..... Wet dream tonight!

Oh Flava.... Really! You must have been born in February! I wish.... Then I can retire.... More like slow up to a penny by summer.... Financials released with good profit then 2 to 4p by next Christmas

Hi chaps.
Just listened to the podcast. If you thinking pennies then think summer next year if all goes to plan.

Good overview if you have just joined like me. Summary... Safe investment in a mid level mining company.... GLA

For the life of me I just can't understand our sp! We have good assets! Good production! Good management! I can only think it is our debt level putting investors off.... Or because we are predominantly held by institutions and they keep it down... Our value should surely be in the 20s. Somebody tell me!

I see your point, but am not sure how it wouldn't have gone to public inquiry. In reply to post, I still think Mark Abbot and his team should have used a QC from the start...or have ensured 99% or risk covered. I know it's entirely a ridiculous council, but they gave them space to wriggle.

Wish you luck with your investment and looking forward to a profitable Egdon and a long term growing company! - MARK make this happen!

do you have level 2 console?

As I said a few days ago...heartbreaking to see the SP at this level. My average is 9p. I could further down on the average, but am invested at what really is my max for an individual share that is a risk still. I will hold and hope for a blue Christmas.
Let's hope Mark Abbot has learned from this two year saga and from now on uses the big guns (QCs) and his A-game for each application. I do think some of this pain could have been avoided.

am back... ok inspector clouseau. I have bought...there was a retrace from what I bought at...and as I expected momentum has slowed. I am not worried, given as I have said, I have a horizon of a year.

I expect a retrace without news...upwards with news and then a retrace...normal AIM activity. There always is with the mix of investor types on AIM. ermmm I haven't speculated on how much I see a return to be, but given my investment horizon on a year and the plans for the company...production ...it should be good. My timing was rubbish, I would have preferred to buy in before this week's flirt up, of course! DO READ WHAT I WRITE sandy! I can't give advice as everyone has different investment aims. But I will call out bs when I see it on a board....like Flava's post that I responded to.

Amxdd - mums tell there kids what they need to hear - she loves it when I ....lol