Member Info for MrMarkyB

I didn’t get chance to read the deleted message!
Bit of an issue at sou today!!! Hmmm

The hard winter excuse was used by Fi previously, seems MH starting to use old spin, this gives me less confidence.
The silence has been deafening, quick enough to do a raise for the WO, then states planning WO program, well what have they been doing for months on end?
I can’t remember the last time we had any real positive news and I can’t be bothered to look back through the RNS’s

Just had a cheeky top-up, 37460, wanted to round my ISA holding to 750k :-)

Oh I am still invested, my ISA not far off break even at average of around 1.1p, but my SIPP (which I stupidly invested on what was meant to be "transformational" news) at an average of 14p.......to late to trade the SIPP really, and unless TA comes up will lose quite a sum there!! I take what they say now with a "pinch of salt now"

God....any new acquisition will mean dilution to buy and I guess dilution to develop....lost count how many years I have been here.....what's the mcap now......£4m....great.... :-l

My swing-o-meter is not where it once was, I am losing faith, although MH has done some good things here we have JP hanging over us, his history says it all. The silence of late makes me concerned, no updates on production (which were once monthly), no info on WO and the spin on delay in Santa Cruz results due to equipment and personnel quite unbelievable for a reasonable size gas and oil producing country.
As WT mentions Fi it really grinds my gears how she burnt through all that cash, constantly being told we had 20-25 million, always switching between £ & $ though, then all of a sudden down to 4 million, and the icing on the cake was soon after she left she won an award, beggars belief!!!

It is very strange we have had no update, easy to lose faith

It's about time we had a bit of an update really!! It just feels so up in the air when the world is moving on.
The placing complete, cash in hand for the work overs so lets get some detail.
What about Oil/Gas receipts? Have they managed to sell any, in May we kept half in storage, that's nearly 3 months ago.
I cannot wait for the day I sell up here and move on, be nice to get some profit for the years it's taken out of my life!!!

We are very much in the dark at the mo, no updates on production, revenues, sale receipts if any! Back in May we had oil held in storage! Did we need this money or was it a way to let II in who have issued placings over the years at much higher price! Who knows, we will be the last to find out!
It is becoming very frustrating and very slow!
They say they are “Very Excited” about PA, the proof will be in the RNS and I fear if it’s negative we could be in trouble!
TA is what had kept me here for a long time but that can keeps getting kicked down the road!!

No investor likes a placing/dilution but fact it happens. Quite small and hopefully covers all 4 of the WO and completion of testing on PA. looking at trades someone loading up heavily with those 500k and 1mil trades! Still red lol

Usual shenanigans with JP and gang

It does really highlight how the previous BOD squandered money! £25m blown very quickly! That didn’t include seismic either! Separate placing!
Really getting fed up here, bad news hits us, good news does very little (not that we had much)

When you take into consideration all the warrants and options that could be exercised well over a billion now, double from when echo started

Shares get ruined by MM playing shenanigans!

Ps large trade cancelled shenanigans again!!

All seems very quiet from Echo. We as investors could do with an operational update.
Good to see the gas/oil priceS recovering.

If MH hadn’t picked up PA imagine what state we would be in! Really did not expect that news today but the door not closed on TA, MH has priority, simple as that, with the cash flow we have! CGC want to crack on with TA....let them, and hopefully when data released our PA will fund it for us! TA always been the golden chalice! GLA

Ny had an average of 14p now down to 2.1! Mine about 1.2p, your choice what you do!

Mr “I’m a poor investor” surfaced! Go spend your time batting for the 350 gang! Who invested and drove sou sp to near on a billion without a sniff of oil or gas! Sell out and move on, change the record!
We are not in a great position but MH pulled the reigns in! No choice on the matter or we would be gone!

Likewise I like it. The market has not shifted heavily in any direction. MH a shrewd businessman, if Fiona was still here we wouldn’t be, delisted probably with her cash burn rate in the past.