Member Info for pa_richards

the approval today for ANGS was retrospective planing permission for appraisal. They do indeed have production licences for other wells - but that was not dependent on anything happening today.

In terms of strategy - folk may be ping ponging money between the two companies - but in my view better to invest in BOTH !

mrcalm - surely you have been following the status here - SCC planning meeting - and thus far looking good for approval - based on the public webcast

patience man - probably an hour or so.

Wizzard The CEO previously mentioned the distinct possibility previously - either in a podcast or possibly a RNS. So some substance to it - but from what I recall there was no timescale - and the intent was to support greater II investment - so recent news may have put this more in a back burner. Time will tell.

Given the financial challenges the council faces, surely the last think it will want to risk is an appeal - so suspect they will after much talk approve the proposal - which in any cases is recommended for approval.

Suspect that we will see a material SP growth over the next 3 months - based on next set of results and future news on HK operations / licence.

INMHO before we do see a rerate up to previous highs. Regulatory approvals in most jurisdictions always take time - but here I expect the final results to be worth while.

Newboy BCN funding or the lack of it has nothing to do with Brexit. INMHO

eh - how do you work that out Cashking? Placings to take a little time to arrange - so discount is not particularly great compared with SP at the start of last week.

My reply was aimed @Chaz (not bonker99)

So on the basis that money would be required - when and how would you suggest the funding be taken forward? In general on AIM, exploration companies will need regular cash injections. The test is whether over time they deliver added value - measured by MCAP and hopefully reflected in the SP.

Why do you need to post all the time - we all know you have a negative slant, but too much posting suggests other motives!

Indeed not, am keeping mine, however long the torture. Having survived the fall below 0.1 my mind is made up and steeled to wait it out. Those deramping prove to me that actually there must be some value here to make it worthwhile.

Err! And where exactly does Genel operate? Risk assessment?!!

Vinny - you are negative, and your agenda is clear.

When will folk learn that buy / sell is a misleading take on transaction data!

TTP. I for one, other maybe too, reported the post. Happy that you share your opinion, but you should word it as such. As posted it could be taken as clear advice.

Personally, I am invested, and have recently taken advantage of the price drop. However, I know that nothing is certain, particularly on AIM, in Africa, and for companies seeking licences and state approvals (irrespective of jurisdiction). So time will tell!

Goverment strategy now in place

Actual BID/ASK differs from publicised spread. So far this morning trend on transactions prices is upwards.

The reality is that progress has been made since end of Q1. UD2 shows promise for the medium term. Focus on OIL for now, and await what may or may not come from Georgia wanting Arbitration. It was only the get rich quick merchants and traders who have led to the negative senitiment and SP fall. For me, current SP offers great risk v reward assessment.

Thank you for posting - certainly a lot of potential here.