"I prefer INVESTMENT approach base on FUBDAMENTALS and timeframe to suit this " --- Normally I would agree but how do you do this on an AIM junior that has no revenue/profit possibly no PFS or DFS no offtake agreement and no solid finance in place -- with only the reassuring words of a CEO and a loyal band of share cheerleaders ?? After well over a decade of AIM investing I would say this is a near impossibility as none of the info you REALLY need is available if its not in an RNS...
A share with a huge bid-offer spread like this and tiny volume makes the up down % look strange on any trade the way a lot of charts present it IMO.....
"had parents who were ' Generals ' under the old soviet system" -- this is why the Soviet military were all about quantity rather than quality -- because anyone with the right connections and a love of uniforms could be a General !
Over the years I have seen many ways AIM companies (usually miners/oilers) form sophisticated methods to snatch companies from the jaws of investors. There is a lot in what you say here and I/we have always known how murky this company actually is. A lot of us think this company is being run to find new and very productive oil wells and the incompetence we have seen cant be a co-incidence ! This is actually a creative accountancy excercise IMV, especially when you look at how we were forced to buy the boat from another Oraziman company.
Perhaps they could Photoshop the P in pfs into a D for the bank !
Rg33 - I look over at UKOG when I need to cheer myself up about this !
Mr james - you have a good point. If they are going to do such a terrible placing why wouldnt they allow the people who have financed this 4&%t show for over a decade - its a final insult to all of us really...
Financial; Conduct Authority ---- you know that highly effective organisation that keep the financial industry in line --- LoL !
The EMH DFS has been delayed twice now -- it was forecast (for the second time) to be complete end-March, EMH like KDNC now have zero credibility CEO's....
The rampers seem to be in their 'electronic bunker' at the moment sometime some tasks are impossible and after all they are professionals and know you need to let the fury die down a bit before coming back out !
You are right actually Pippi. The DFS activity would eat more cash than this, as another poster has said we are locked in here for at least another 18 months. I would like to see Amapa sold and the proceeds distributed but this will never happen as the nature of THIS business is to keep a gravy train rolling -- I wonder how far off retirement is KM ???
Just over a week ago I was forced to sell some of these at a 75% loss due to cash realisation of a portfolio, an I thought I had almost bought at the bottom when I bought these ! This share is a poster-boy for why not to bother with AIM companies run by lifestyle Directors !
Well they say a Leopard never changes his spots and our sh1$e CEO certainly doesnt all this prat ever does is raise money for summer hols and school fees ! I cant wait for the spin the resident 'crew' put on this !
I am just south of 500K as I have said this was never a major holding for me...
I dont think the MCAP is too big as we know it is a big project unlike say ZNWD. BUT I do think KC does an enormous amount of holding tactics including the re-dominciliation stuff this morning. He is like an airline pilot that spens his career in holding paterns above airports ! Where is the freekin DFS ! And please no more long copy/paste waffly rampy posts from the usual suspects !
"Why do I have a suspicion these sales in OZ today have something o do with the 2 unknown transactions on AIM now , M can you short across two exchanges ??" -- I have always said that being listed in so ,many places cant really help this share, but I doubt if its possible to short across multiple exchanges, but arbitrage trading is a strong possibility ...
Blah blah and copy paste --- but where is our DFS and official news ??? Strong Buy and all that !
You aint doing so bad for numbers of posts in a couple of days considering I dont remember you here before ?
For an overall gain for me I need to see 2.5p still but I am happy to get 90% of my cash back frankly as all these years I could have put it to much better work...
Well if its a P&D is a very convincing one ! Ive only been here a short time since 2016 !.