Member Info for Mike31

In fact, my ONLY REAL CONCERN is at what price should I exit. 30p, 62p, 100p, 200p, 200p+

As far as I can see, upside potential far outweighs the downside (That is the reason I bought in early before the 10p placing), it is too early to assume the upside limit because we cannot evaluate as there are too many variations and discovery chances at the the very moment

WHEN RNS drops for the fully permitted Block XX wells, I expect it to be 15p. A pure guess based on watching the sp every day for the last 2 years I been here

I saw on another board someone mentioned consolidation will decrease the value of one's holding. I thought the value remains the same. Its just that we have less number of shares, but each share will then be increased in value accordingly

No momentum at all. This has been far too long. Everyday we hope it will be a better day. Like living in the days of war, we shall await the day of victory

Not deramping as I am a lth myself, but I expect a slow decline (judging this has been the way for last month or so) in sp until news and or a discovery, no need to be surprised by it

Can someone mind to explain what will happen to holdings on 100/1 consolidation?

Getting a bit impatient. Should have waited and bought in at this point

Absolute ridiculous. Lucky I only put in a small sum but already paper loss half of it

My screen name says my age, but I prefer not to wait a few years

Thanks for the information, then lets wait until YA is out and then bring on consolidation, I hope

Back to ABM, I prefer these guys to just give short regular updates on the progress than cramp everything in one massive RNS like a yellow pages

If Zaza gets this right and we become a self funded company like what he mentioned in the podcast, next steps will be consideration for a shares consolidation? Probably then, will create more demand

I know right! The team must be working their A off out there 24/7 and skipping their meals to create more value for us investors

Maybe Dave cannot handle all the excitement about to come when the oil gushes, we talking about billions of barrels!

RR - No need cut your wrist every time the sp drops a little. I am a lth too.

I would like to think his strategy would be one to suit the current drilling campaign. I mean, it has already been said that the order of the chosen wells to save the best towards the end to remain investors interested. The additional 2 drills works out to be cheaper to be included in the current campaign rather than leaving it later. Knowing what we already know, I like to think there is a strategy for the chosen time for the upcoming news release.

The sp will do its thing accordingly. Don't get too serious guys

and when both Eldari A and B fail, they will move onto well 36d and 69er? Or they will move back to UgotScam2 well?

Next RNS placing for discovering additional wells and they will name it Penguin and Polar Bear

Walks in, walks out. Will be back tomorrow