Member Info for panamabob

We?????????

Yes I agree. I've spent time in China although a while ago.. Quite scary how a society like theirs can get things done without àny meaningful objections from local communities or Unions.

They can build a stretch if road in a few days, thousands working round the clock.

They do a good fake Rolex too. Lol

Just read on X that a Turkish warship is heading for Gaza to protect the Palestinians

This could easily spin out of control

Apologies for typos.

The Geo Political situation may now apart the JV unto action. The Middle East may now be unreliable. Boone knows how far this may spread. Oil prices may go through the roof. Majors will want to maximize this opportunity.

I've said it before and I'll say it again, if the idea was to scare Retail Investors unti Selling, then it has spectacularly backfired.

Anyone can see there are more if us than ever. And growing every day!!!!!

Pilot. Now you're getting really silly.

Or maybe desperate?!!!

Eazy. How do we compare with Hess and Pioneer.

Number of shares. Approx Oil in Ground etc etc

I'm not too good at these calculations

The final size if the asset is yet to be determined but it could be even greater than initially thought. It may slowly be dawning in the 'controlers' that there enough here to make EVERYONE happy.

So they may conclude it's now time to stop the Game playing and time to get in with it.

IT being the JV.

If I were Anavio that's how I would be inclined to be thinking

Finally Ret. Initially my money was on Continental but any Major who'll give us a good deal will do for me.

Also almost everybody is going to see this through to the end. Whatever that may be.

So the sooner the sharks get that into their thick heads, the better for all concerned.

Especially them.

Yes Bladders. AM has one chance to rewrite his shattered legacy. That is to get the kind of JV that will give PIs some kind of restorative financial reward for all the harm he has visited on them for so long

Nothing else will be remotely acceptable

Some of us have been here a long time.

We're not going to quit now whatever happens

The Richardson's are mega rich. The 8th richest family in Canada. They are into everything from Grain to Oil and Gas.

I wouldn't be shocked if they showed an interest. I believe they are based in Calgary

Stas. I should imagine many of us agree with your analysis and sentiment concerning AMs tenure.

The manipulation of the SP is beyond doubt.

What puzzles most is who and why is behind it.

The low SP is a double edged sword.

On the one hand it enables positive investors to buy many shares at giveaway prices. On the other it scares the hell out of investors who bought high who then may finally despair and sell.

But for insiders who really know what's going on, it affords them with chance t

o grab a bigger chunk of the pie.

Logic tells us that some powerful entity is pulling the strings here with their Endgame being to make .assive amounts of money

This can only happen if at some future time this huge asset is monetised

By the oil being extracted profitably.

If we can find out who is set to gain from this Endgame. then we can start to unravel the Masterplan and all may become clear.

Now who is behind this unning Plan?

We've been here before. But one day Rodders.....

We desperately need a live Podcast giving us all an honest appraisal of the situation.

Nobody knows for sure what s going on either with Production targets RBl or JV.

We are just floating in the ether trying to join whatever dots we can find.

Not good enough BOD.

If anything really bad happens to Copl there will be the Mother of all Investigations and those accountable will be punished

LTHs may remember we were all surprised to discover Copl was in dispute with its partner ESSAR concerning who owned what percentage of OPL226, the huge Offshore field that was going to make us all rich

Arthur minimised the whole affair claiming ESSAR s case had "NO MERIT"

Shortly afterwards it transpired that ESSAR had plenty of Merit and walked away with most of the Field, leaving us with a tiny rump and I believe one free drill. Something like that.

This humiliation was spun as some kind of success. Lol

Then of course came COVID which gave Art another excuse for delay.

Out of the Blue came Atomic which Arthur hailed as a "Gamechanger"

Nigeria sank into oblivion as if it never existed.

Then came Cuda.

The rest most will know. We've had cashflow issues and inadequate infrastructure to take care of and a highly pressurised field etc etç.

The rest most of you will know. Bonds, Anavio etc etc.

It's a sorry tale. We hope and pray for a Happy Ending

My recollection of that event is as follows.

At that time it was Jay who was in constant touch with Arthur and Jay had been assured by Arthur directly there would be no Placing. Jay was able to pass on

that 'good news," to us here.

Very shortly afterwards Arthur did the Placing much to everyone's surprise and shock.

I asked Jay how he felt about being deveived in plain sight.

I remember his response very clearly

He said ," I am mortified,"

Exactly Shaa. That's the best thing to emerge from these Financial Gymnastics.

We're all singing from the same hymn sheet now.

Let's see what happens from Monday on.

If we're really Blue then there's hope for us all.

Thankyou for putting a bit of clarity into the mix.

Now I get it.

Anavio are devious so and so s but we are powerless as usual to effect any meaningful influence.

Perhaps now we may start to see the start of a climb to Fair Value.