Member Info for NOVECKINGOOD

Or one of life's losers with a big mouth Paul. Ring any bells ?

I love positivity, I'm a complete optimist. I hate negative people.

I like people playing with straight bats and the truth more though.

Of course, that makes sense. When we earn more than we spend just borrow some more.

My Agenda heid is to provide balance here. It's 27p for a reason - capiche ? I have been a shareholder, if you don't like the truth then it's your problem.

Yes Paul, your point ?

No one is picking up the ball to answer the questions.

There needs to be balance here, people get sucked in with BS.

Why raise £3m (not even £3m by the time you pay the fees) when you should be cash flow positive - imminently????

Including those that had to dip into their pockets for the £3m raise when Wressle was already producing "in excess of 950 barrels a day" Would it be rude to ask why when so close to generating enough revenue - that they couldn't raise the relatively small amount needed to keep the lights on via another method ?? Rather than the big smack in the face £3m ?
These are probably the same shareholders who had to raise £7m the year before at 16p. So, most of these shareholders have been here for a while and are still a long way below water !

So although facts and people who point them out are an obvious irritation on here, the only shareholders that are realistically seeing any of this as good news are any newbies ?!

So is it not just "good news for recent purchasers" - NOT all shareholders TAC ????

At 4p ?

Check out EUA if you like risk and reward but a little more in your own favour at the moment, if Putin sneezes it goes up 25%. If he walks into a hospital it will double overnight. If the war ends or he gets shot.....
Not for the faint hearted but I don't think tracker funds are your thing.
You can buy me an orange at Christmas if it works. It's one of a small number I hold, just mainly heavily shorting markets until the inevitable..

Thanks for the heads up Sonny Liston

I don't disagree, we need to be investing in Africa - especially Nigeria. Oil will be needed there for a long time after we stop using it. Crunch the disparity on consumption though.

And you wont access that with the stuff you're currently buying and definitely not UJO. Markets forward price 12 months - that is all. If it's not part of next years bonus it doesn't exist..

Paul, sorry to be slow I've been in the gym all morning on the bag. I thought my next bout was imminent but you seem to be more polite today, which is nice.
Since you ask, my big picture view on this currently is mainly on the negative side as you'd expect.
AIM, and Oily's in general are predominantly swimming against the tide at the moment. Several thousand funds have applied for a name change in recent years to make them sound more ESG. Whilst most won't qualify even under greenwashing the sector is massively out of favour with the institutions.

The end of the stone age didn't happen because we ran out of stone and the narrative is firmly behind investing in company's to make us/the World carbon neutral.

That said of course there will be winners/losers/causalities along the way and I see UJO winning and losing at various times going forward. Taking the emotion out of it (if possible on this BB) then put simply and on a risk and reward weighted basis - which is the only way people should really look at investing then short term there isn't huge downside but even less upside. When news breaks on one or two of the fantastic opportunities that we get told about all day every day it will move the shareprice one way or another. But as it's not especially imminent nor as exciting as we're being led to believe I think there are better opportunities elsewhere. and so I'm happy to sit on my hands. I also think the recent market spike is a bull trap... WN could definitely make this fly and it's a much safer bet than RBD, and will be for at least the next 6-12 months IMO.
I will buy again here, but I'm not in any rush. So far I've called it correctly, am still winning and have probably owned more of these than heid and TAC combined.

It's all about perspective and balance though.

I'm off back to the gym.

With that attitude and approach to your chaos theory/coin toss share dealing strategy no wonder you can't back any winners.
What was the highest share price in the last 6 months, what is it now. How much raised - what is the current value. Has the last 12-18 months been good for the oil price and oil stocks in general ?
What seems to be the problem here then ??

Does you nose ever pick up the smell of coffee ???

I always make a point of reading Rubeys posts too.

And he's right - apart from the c£50m raised to create a company with a value of c£30m and the share price almost halving in the only year that they can't point to any reasonable success - it's been a good investment. Lots achieved so no need to pay anybody to promote it. It sells itself..!!

I blame Pboo, the Bubonic Plague and the Great Fire of London.

Midas backwards, now you're just being lazy.

Right over my head, try again Sadim.

Not Midas but Sadim investments. Because everything he touches turns to dog sh(1)t..
Mum says hi..

Amazing, is there no beginning to your talents ?!

Aye, that's me. Very funny, very accurate, so much talent.

You should be on the stage.

Ask heid !

Free advice Paul ???????

Let me think about that for a minute...tick tock tick tock.......F()ck Off !

Agree rx, you don't need to be a rocket scientist to see where this is heading. The chart is like Val di Sere..

Everything you invest in is dogs(h)1t - you're clueless.

It's coin toss share trading by a guy who needs big returns to go with his big ego.