Member Info for oxygen

Think those Short will stick around a little longer . That monthly financial liquidity covenant test must be getting tight, which presumably they see as possibly getting triggered.

Excellent news, we know both Bressay & Bentley have over 100 Mmboe of 2C resources each, so good to know we are on track to develop the first one.

So the Mgmt will only stomp up a measly £18k yet seem convinced the Itumbula West-A Well will reveal a positive result….thats conviction for you, and once this cash is gone on drilling they’ll tap SH’s again, marvellous.

You need to understand the terms of those licences ! ( thankfully I don’t have a dog in this fight as cost of funding/ ROI was always under estimated )

Alternatively Simon could be filling out Post-It Notes to stick around his Amstrad screen, Nans Bday, ski hol dates, kids names etc. and working on the basis if you’re got something special, customers come to you. Smart guy.

Or a simple case of the guy only having accepted the position on learning of the new data…..a third party until acceptance !

Wow, thankfully sold out of this years ago ( SP around £14.50 ) as the Brand then was getting dated, surprised it’s survived this long. JD’s mistake was thinking he could salvage it.

We all know there’s an elephant in the room here which may well result in some dilution but those of us who feel that’s fairly well counter balanced by the science, won’t be that concerned. Personal circumstances will all be different, but if you can afford a time horizon still several years out, you’re probably like myself still accumulating. Trying to understand the Market is for Traders !

Wasn’t it not long ago that many investors were clambering for better communication on progress, from the Company. Seems a case of “be careful what you wish for “. As said before AS needs to ditch IMC / Vox, and act like a FTSE 100 Company…..keep everyone in the dark for as long as possible !

This is no longer a one man show with an all dancing AS, the BoD contains a wealth of relevant experience in support of the science. Personally shall re-fuel again next week as enjoying the journey.

AS needs to give up directing his comments to the Retail base. No wonder he sounds flat, wouldn’t you constantly repeating yourself trying to educate a large number of punters who’ve little knowledge of the science and likely have no interest anyway. The less we now hear the better.

Yesterday was about the data, not the financials. Anyone expecting the latter was always going to be disappointed…reset your diary for April ‘24.:

The science is compelling

Day Traders should now lose interest.

Further SP weakness will provide good opportunity.

For committed investors here what’s not to like.

Company and Shareholder timelines are often quite different. Most Shareholders just want the highest and fastest return on their money as possible and then leave. For a Company longevity comes into play. Don’t expect AS to play the short game, he’s first and foremost a scientist and that gets him out of bed , sitting around with a wad of cash probably would bore his silly . Just need to accept this will play out for a long time yet as he’ll be going nowhere.

Appreciate the post, certainly beats much of the childish banter this BB gets littered with.

Those days are still some way off, this SP reaction was signposted by the Science Day reaction. Traders have this right now, best switch off.

Dr Tap is a little more measured in his words. We certainly seem on the way but ‘conclusive’ evidence is what will propel this Company.

“Any market sensitive news must be delivered to the market first” correct but it also has to be released as soon as is practically possible, not sat on for a week or so. Expect we’ll find the data

Illuminating / largely anticipated, put suspect the Market may not react as some expect.

Yep, that would be a disaster if the Data is merely published on their website, meaning it contains no further Material Info ……surely not.

And being ‘highly traded’ remains its problem as SP uplifts soon get sold into. A week from now we’ll probably all be wondering what happened to the good news !