Member Info for MPO818

Invested a lot of money in a very very slow Internet from the middle of the Atlantic, all looks very positive from here. Back to the food and drink, keep up the postings, Dick.

Dick - Thank you for the good wishes, the household chores will not be missed at all. Catch up mid-June.

Abatt1 - Thank you - The birthday was over 2 years ago (2020 my 70th) Covid scuppered our plans - so now having another go, just a covid test to pass, and away we go. The stars seem to be aligning nicely here and hopefully all patient investors will get their just rewards.

With the many options available, given major decisions such as platform, tie-backs or FPSO’s, the JOG team is understandably very busy but the process has offered up optionality they probably hadn’t expected and the current mood in the industry is one of getting deals done which for the GBA is a perfect asset. Indeed, as a field in the centre of the North Sea with ready to access regional infrastructure it is clearly exhibiting substantial value.

JOG shares have appreciated somewhat recently but as readers know I think that when the market fully understands the value in the GBA the shares will move upwards a very long way.

Not quite, but will be on Monday. Todays results and accompanying narrative have settled my nerves, our cases now feel a lot lighter - Haha

Segedunum you asked
"what was the market cap at the time of the 4p do you recall, how I wish I'd stumbled across afc at that point."
I recall this a being less than £20m - I also posted many moons ago, if DeNora think AFC is so good why don't they just take it out. There have been numerous cash raises along the way (at least 5 from memory at 10p,20p 16p (over nighter with primary bid) 35p and the latest at 65p leading to over 700m shares now being in issue- Bond also had a couple of small £1m raises at around 25p. Now with much larger premises, a large increase in headcount, growing inflation and no sales, more fund raising is (in my opinion) inevitable.

It now emerges that Elon can walk away at a cost of $1bn, what it does not clarify is his potential profit on the 9% of Twitter he acquired 3/4 weeks earlier. The mans a very very rich genius.

Another large fall in US Markets with the Nasdaq 3.95% down.

Elon is buying twitter, that is going to take 6 months to materialise. I recall him doing a similar venture into Bitcoin and making a fortune. His interest in twitter has sent Tesla into a tailspin - Haggis you love EV's get in there. I just wonder if his action with Twitter is really serious or is it another path to a quick buck or two.

stop feeding the troll

heardy
Quite possibly - but for me the key is re-entry into the FTSE100, market cap now above £4bn and June is the next important date. Entry will force significant institutional investment and give the sp a decent boost.

Jimmynan
The US fall will impact all stocks on the UK market Monday. With very little in the way of volume ITM gained in the US, CWR lost 9% and AFC 10%. All with very low activity. An opportunity may or may not present itself.

Huge +900 point decline in US Market yesterday may give traders a much lower entry on Monday.

Another green post

Here is that opportunity again, it keeps coming

Possibly because we have a cost of living crisis - Fossil fuels are once again flavour of the month (worldwide). The sector needs billions and many are reluctant to invest in the products available, as witnessed at AFC with no meaningful sales. The CEO has not delivered on his expectations, perhaps we should give him a pay rise and some more free shares to increase his motivational level. AFC is a prime trading stock, paying constant 10% returns between 35/40p. Happy trading.

The system works well, several "green" messages on SQZ and I noted one poster calling him out for his behaviour on the JOG board. What a prat, I fully expect that when news drops here we will get the "I bought at 195p" nonsense. Back to the packing.

Three green posts and one from Shorn asking the green messenger his interest in JOG - Shorn he has none and you are encouraging his nonsense, if you are that concerned, sell.

My punt (investment) a long time ago, any gas will be a bonus, but not holding my breath.

Really grasping at straws here - 2/7 day events, maybe AFC should start renting out tents, change the name to "Go Outdoors" Haha.