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Jeffry,
If you go through sound RNS from 21st June 2016 and on, you will see that as soon as the Eurobond RNS was released they issued positive forward moving rns’ very Frequently and the SP quadrupled in 6 months
Bumblebee - UKOG didn’t crash, it corrected. Unfortunately a lot of people chase a price up. When SP is sub 10p, people think it’s cheap without factoring in the number of shares available. You won’t stop speculation and Angus will rise. However, when production is factual rather than speculative, the rises do not tend to be as high.
So Angus would halt operations for the benefit of locals but at the cost to shareholders in rent for machinery equipment that is sitting idle. Illogical. Something has gone wrong - probably minor - and is being rectified. That’s my view. No oil co stops for Xmas.
Sorry but PoO is irrelevant - I was waiting for ANG to drop with PoO and it didn’t - so I bought. Logically though PoO dropped $20 in 6 weeks and therefore Angus potential profit dropped over 30% Let’s hope the “payzone” comment is the hint of boom
I’m genuinely concerned there is a problem - this is the shortened version of the RNS - Commenced flow test...will provide a analytical update on payzone in due course...LONG TERM FLOW TESTING SUSPENDED I’m 20% down - could be bad. Any technical experts willing to offer an alternative view
Interesting RNS. Sentence 1 - Gone in to production Sentence 2 - Suspended production I have been in the markets for a long time, that makes me a bit nervous. Hopefully no issue and genuinely just a holiday. I do ask the question - why start the process now if you intend to go on holiday!
Yes Liam- it's all positive as far as I can see. I recognise that some people may wait until a clearer picture emerges before investing and recognise that a lot of shell co don't fly upon first news. However given the activity of late and the positivity surrounding it on twitter and LSE etc I believe something is a foot. As I said, the people holding are sticky. A couple of people I follow due to their ability for picking top companies during the last 5-10 years also seem to be invested - which surprised me to be honest. I have been investing for about 8 years and don't typically buy shells but this is an exception to my rule as was INFT and EVRH. Sometimes you have to trust the sentiment and go with your gut when you see the type of investors who rush to buy a shell. Something is happening and I don't want to miss the best rises once news arrives
It's looking like a good week lays ahead. A mention in the daily mail is always good. People will, at the very least, be interested to know why it's rising. Reading between the lines, something is a foot. They didn't take the initiative to delist from asx when looking at bigdish. I think someone is looking to RTO an asset in to the co and asx news is all part of the developing story. Maybe it's someone already involved with AIM and therefore understand this market better. Maybe it's someone who is based here, who knows. All I know is that there seems to be something going on as everyone and their dog has heard of NYO and rather than disappear it has continued to hit the high risers board. Roll on next week. I reckon some more news will come through It is worth noting that the shares are held by very sticky holders so any hint of an asset and this will probably hit 100% in a day, if not more. Any news of a quality asset and we will do 300%
The only pump and dump relating to this share is in the more salubrious environment of the bedroom in celebration of bagging NYO knowing full well it's going to multibag again I believe there is substance behind this rise and I think that the co are being quite careful in terms of what Asset they are looking to take for progressing. I think they really are looking to provide a decent shareholder return but time will tell. Technicals suggest 0.16p then 0.33p
Jarvy says breakout very soon.She is good with charts. "Interestingly you have four bullish indicators on Paa so I don't think it will be long. Price has broken out of the pennant without volume, the rsi has an upward divergence signalling a move up and the macd is about to cross with the share price above the 8ema" Get your seat belt on because this space ship is going to warp speed straight to £2.50
I mean 18m+ Will need to be proved up first
Martyn is the man - he knows this inside out having worked on it at Lundin and now he has employed his old colleague - I imagine a buy out in the not too distant future
This is the real deal. The JV partner wanted them to prove their seismic worked prior. The deal came early. JORC very soon and I think David Garedji will be a blockbuster. Not forgetting the open pit - only drilled to 50 metres so that they didn't divert from drill plan - they don't know how low it goes - imagine 140mt instead of 70mt
Ant, unfortunately you do get people on here who don't know what they are talking about. And typically the accuser is the one who demonstrates a clear lack of understanding - like this situation. U.K. gov "A person will commit the criminal offence of insider dealing if they have inside information and: that information is price-sensitive in relation to shares; they deal in those shares, or encourage someone else to deal in those shares or pass inside information to another person; the dealing takes place on a regulated market or through a professional intermediary such as a broker. (Included in the definition of a regulated market are exchanges elsewhere in the EU and some other overseas markets.) ‘Inside information’...namely information relating to a particular company that would, if published, be likely to have a significant effect on the price of shares in the company. It will not necessarily be about the company the insider works for: it might be about a supplier or a competitor – for example, news of the winning or loss of a big contract." Now a meeting with executives of a company is not insider trading. If they disclosed something that was Insider INFORMATION then that is the fault of the exec. If Ant traded off the back of that information and it was deemed to affect the SP he could then be accused of insider dealing. If anything was going to be disclosed that was insider, you have to sign a disclaimer. The general contents of such meetings is to reiterate the previously known information and reassure existing or potential investors that they are operating in the best interests of SH's
I suspect some news soon. No idea what but the guys are in London this week I believe
May I ask what your purpose is for consistently ranting about Noricum. As I see it your somewhat bitter about the past. If you sold, what is your interest in discussing NMG - this is time you will never get back - from an economic standpoint - is there nothing in your life offering more than the economic cost of posting on LSE If you still hold then surely you would want it to rise which is counter to what your doing on here Regardless, it does appear that you lost a lot of Money via NMG. It would also appear that you were very upset. Now are you a sick person? I ask because it would appear that despite losing money and resulting in a really upsetting effect on you, you seem hellbent on ruining the reputation of the company and therefore purposely trying to ensure all other shareholders lose their money while also inflicting the same pain you suffered on all other shareholders. I recommend you find a place of peace
Wait and see re the surprise KRS is a good company but agree that a lot of positivity is priced in without cash in the bank YET. If it comes down to 1-1.25p then I think it offers value again. They clearly would like to expedite PoW as it can be producing immediately the water is cleared so they may do something with this sooner than later as the profitability is high. Ant is right - Austria started bail in. UK US and EU forced this through Jan 2016. Why? I suggest you ensure your money is spread over a number of assets and don't leave more than £80k in a bank or it could be exposed to a nice haircut
I believe through my research there is also a surprise which is off the scales. But all in time. Just remember this when news comes.