Member Info for MSmith

Dilute, pay high salaries, issue more shares.. pay high salaries, consolidate.. repeat.

You have made that company with your joint venture. :) only £2m market cap, you should just buy it outright and just take the fields.

Hi, I see Randgold has a JV in place with Alo, I wanted to know what your view as Randgold holders is regarding the JV? Thanks

.

divi kept the same China steal demand estimate cut. Cost cutting key for the future.

sorry wrong board..

come on fellas.. or are you paid by GKP? lol now that would be a super ponzi scheme! lol

http://www.octafinance.com/credit-suisse-kept-anglo-american-plc-lonaal-as-outperform-has-target-price-per-share-of-gbx-1200-00/117844/

Its all off the back of $ strength. $ index is up some 30% this year.. China demand is falling.. could be a few years imho. December should be interesting for AAL, I will be making a couple of small buys each month but I think this ship will be a mid to long term hold for any recovery. Its all about cutting costs and selling the family china at the moment.

agreed, would be lucky to get out with enough for a butty at this price!

30% of nothing is still nothing :( Kea sucks, taken everyone for a ride. I see it now Shake... I was wrong.

doesn't even cover it ...

I think I revoke my support. They suck.

Greedy mms... Naw, I think I will keep them thanks. It;s only 5k, might as well let it go down with the ship and use them as toilet paper. Step: 2 of 3 - Verify Order Please verify your order details before placing your trade. Your firm quote is valid for 15 seconds. If your quote expires, click refresh price to get a new quote. Until your order is confirmed as executed, the market counterparty providing the firm quote is not obliged to honour the trade. Orders are confirmed on the next page. In the unlikely event of a trade error please check your Order List. SELLING 500,000 of KEA PETROLEUM PLC ORD GBP0.01 @ £0.0101 Market Price£0.01 TD Current Price Improvement £0.0001ActionSELL Quantity500,000 Shares SymbolKEAFirm Price£0.0101Quote Time27/02/15 14:31:57Net Consideration£5,050.00

Waste of an RNS.

Not sure how you get the following... "speculated".. as it is in the accounts as to the revenue. Again, STILL going on about throwing in money to expand rather than hold expansion. Even if they were to get 10 million to drill more wells, this would just be run of the mill operations IF someone WANTS to sink more wells it was always going to cost that much. The figure 10 million is just snapper's random finger in the air figure. Drillers are reducing rates all the time now as people do not want to sink wells at todays oil price. Snapper, can you send your quote for the drill rig? I think it is around $350 $500 per foot dependant on provider etc. If you work out the required depth to get to a 10 million cost is way way way in excess of the actual required depth, again, do the research and calculations!

Seriously though snapper, even on the low ball side of 1.5m p50 every $1 rise in oil is $1.5m added to the NAV of the oil! if it has as quoted a 10m upside, highball price of 10m per $1 rise in NAV! the company is only valued at $1.5m! The key though is understanding the cost of production, fixed and variable costs along side COP, NOT the company overheads. Ie director salary etc. This will give you the marginal cost and as oil is a generally inelastic commodity, you can work out the true valuation. I have my figures for this, thing is, I want someone to confirm them rather than just go with what I am saying... I know I keep banging this drum but.. work out the figures and you will see how much this company is going to sell for.

Updated holdings RBC = 1,800,000 (1.92) Nigel Wray=2,980,357 (3.17) ANTHONY MICHAEL BOUSFIELD 2,460,000 (2.61) Matthew Zielonka Ltd = 991549 (1.06) Brenda Ocana 6,070,000 (6.46) Ocarina Investments Limited, David J Lees 6,744,400 (6.34) David Lees 50,769 *(included in above %) Ian Gowrie-Smith 7,516,514 (7.06) 22.28% accounted for in Form 8.3's really not many shares in free float!

lol yeah! Step away from the computers at your own peril :D

I have asked you many times to provide your breakdown.. I don't see it... 2M is the quoted revenue for the company, this is basic research.. not a breakdown which I asked of you. :(