Member Info for MrEMC2

My small buy did not appear in list of trades! Happy that the price is going up. GLA

In profit +£15 thanks.

Well I just bought at 42.9p thanks for the recommendation

GH promised not raise funds through share placement but what will the new CEO do?

@ petroleum1 ,

You have been in AAOG a lot longer than me but as far as I can tell the agreed renegotiated consideration was £200,000 for 100% of interest (stuck with that for better or worse). Are you suggesting that AAOG got less than £200k? Where would the cash come from for any litigation?

From Zen unaudited accounts 30 sept 2020

"The acquisition of Anglo African Oil & Gas Congo S.A.U ("AAOG Congo") from AAOG plc (a company quoted on the AIM of the London Stock Exchange), the former operator of the highly prospective Tilapia license in the Republic of the Congo, represents a potentially transformational opportunity for the Company. The Board is pleased to have been able to renegotiate the initially agreed consideration of £1 million for an 80% interest (announced on December 27, 2020) to a final consideration of £200,000 for a 100% interest in AAOG Congo (announced on April 17, 2020). The acquisition of AAOG Congo has not only enabled Zenith to acquire an existing operator in the Republic of the Congo, but also US$5.3 million in receivables owed to AAOG Congo by Société Nationale des Pétroles du Congo ("SNPC"), the national oil company of the Republic of the Congo, and the novation to Zenith of 100% of the inter-company loans between AAOG Congo and AAOG plc, equivalent to approximately to approximately £12.5 million as of the date of completion of the acquisition.

I'm in since end of 2017 but not added any more since 3p. Happy New Year and all the best for 2021.

Checked the RNSs

"The Company has also terminated the put and call option agreements entered into with Zenith and as announced on 21 January 2020".
.........................
"Zenith will assume responsibility for all liabilities within and ongoing costs associated with AAOGC at the Revised Completion Date. As a result, shareholders in AAOG will no longer have any exposure to the Tilapia asset or its liabilities or receivables from the Revised Completion Date".
..........................................................

Sorry but AAOG has zilch except the tax allowance and the converable loan facility from Riverfort.

Just hoping that Sara Cope and Forum can pull a rabbit out of the hat during the next few months so fingers crossed for 2021.

Happy Christmas Mr & Mrs PaddyGall and family. ATB MrEMC2

55p on 12 March 2021

Happy Christmas all. MrEMC2

There have been numerous tips across the BBs for the next biggie but none take my fancy as ultra low priced ones so I may as well leave my money in BZT for the time being.

Hi RR,

I note that you have been in BZT for quite some time. It seems that there has been a lot of fruitless dilution in this company in the past. From your posting history I gather there were some 59m shares when you first invested!! Your fortitute and optimism in BZT should be well rewarded. ATB EMC

ps So you did not fancy a punt on GGP back in October 2017 but looks like you did go for EUA

shares in issue will be 6,199,078,989 no thanks

Unfortunately, I sold JLP under 3p (bought at 5p) but have a lot more shares in BZT. GLA

Now can buy 25,000 shares for 34.05p but of course I want a lower price for a day trade.

Finally, they have corrected my trading account - now showing AAOG share price at 0.263p (mid price I suppose).

I'm on IWEB should I open IG S&S next financial year?

NT to buy 25,000 shares

Lighten up EMC:

What do you get if you feed Whisky to hens?

Scotch eggs

An Englishman, an Irishman and a Scotsman all work on a building site...
An Englishman, an Irishman and a Scotsman all work on a building site. The lunch bell goes and they all go and sit upon the scoffolding and have their lunch.

The Englishman opens his lunchbox and says, "Ergh, a ham sandwich! If I get this again I'm going to kill myself."

The Irishman opens his lunchbox and says, "Ergh, a cheese sandwich! If I get this again I'm going to kill myself."

The Scotsman opens his lunchbox and says, "Ergh, a Scotch Egg! If I get this again I'm going to kill myself."

The next days rolls round and the lunch bell rings again and all three men sit upon the scaffolding and have their lunch.

The Englishman opens his lunchbox and finds a ham sandwich. He gets up, jumps off the scoffolding and kills himself.

The Irishman opens his lunchbox and finds a cheese sandwich. He gets up, jumps off the scaffolding and kills himself.

The Scotsman opens his lunchbox and finds a Scotch Egg. He gets up, jumps off the scoffolding and kills himself.

Three weeks pass and the men's wives are all talking to each other at the joint funeral.

The Englishman's wife says, "I can't believe he's gone!"

The Irishman's wife says, "I know, all he had to do was ask and I would've changed his lunch!"

Then the Scotsman's wife says, "I don't know why he did it, he packed his own lunch!"

Guys I know you are trying but please try harder because at this rate we will not even reach 200 posts on a Sunday. Let us talk about something controversial like what are they going to do with all the extra scotch eggs that have been ordered but can no longer be served up as a substantial meal!