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Hi TF, long time no see here.
What does Esken have to do with this? Not sure what the connection is.

Still watching.....

.... but that doesn't take much!
I'm no expert here - or anywhere it seems - but only a couple of weeks ago everyone was saying this would be 1p or more on spud, so disappointed to see the SP going down even further from what was already a loss-making (for me) 0.44 or so.
I think I understand about the placing shares still washing through but even so......
Presumably if they actually get a discovery the SP will go even lower!! Only joking. Hopefully.

Hope to see this recover soon.

@ITV

If I may be so bold
Your efforts to paste that link
pure comedy gold
certainly made me think
What the hell is he doing?

Thanks for brightening my day ;-)

These guys awarded themselves a massive share reward incentive the other day and there wasn't as much as a glimmer of a post on here.
Judging by this board everyone seems to have abandoned this share.

I see there has been 1 solitary trade today - reported as a 'sell' - was that the last investor leaving?

Tumbleweed...........................

hopingforbags - now you are talking in codes again I haven't got a clue what is going on!!!

SP picking up though, that has to be a good thing, right?

hopingforbags - so glad I asked!!

:-)

@ hopingforbags, and some other posters here.....

I'm relatively new to investing but learning fast. I'm even newer to the CLON BB and reading all your posts with great interest.
Hopingforbags - it seems to me you have a deep wealth of knowledge and experience when it comes to markets, trading and so on, and TBH quite a bit of your posts I don't understand (always having to google or check elsewhere to try and understand/learn a bit more!) but I find your posts about 'wonga lenders' intriguing; aren't they just a necessary evil in this game? Ultimately they are businesses whose sole aim, like most, and us PI's, is to make as much money as possible, so if they have massive funds available and massive placements big enough to control or skew the markets in their favour, why wouldn't they? And if some, like you say, off-load a chunk of their placings early then hold for potentially bigger rewards later, aren't they simply de-risking their investment the same as you or I would? Or should have (personally) as my portfolio is now a bit of a mess :-(

We may not like what they do and there seems little we can do about them, guessing we just have to accept they are part of the crazy world of investing and live with it?

With any luck their supposed messing here will end soon and we can all benefit from success at Sasanof-1.

Good luck all.

Thanks eviking, didn't you recommend that to me once before?

I had a look but too rich for me, plus I have no funds available at present as already fully invested elsewhere, and all showing paper losses!! Same as everyone else I guess?

No longer invested here but still watching as just intrigued to see what happens. Sadistic or masochistic, only time will tell!

You can say that again.

Can you just imagine, this board would lose it's sh*t big time!!

:-)

I just had time to watch the Assay TV interview with Harry; Robjm66's summary covered all the main points, thanks Robjm.

Good interview, didn't realise until now that HAA was Australian? Hmm..... Calm responses and good explanations of Kefi's present and emerging situation, Harry certainly seems happier and more confident that projects are coming to fruition. Now beginning to get a better understanding of what they are about and why there have been so many delays and issues.
Not over the line with TK yet but sounds VERY positive that will happen, unless something disastrous de-rails it at the last minute.
We all need to remain calm, have faith in Harry, and patience.

Lots of patience.

@ inittowinit22

I know how you feel, it's bl**dy frustrating. Like you I am a small investor, I bought in to this over the last few weeks and hold a 1,000,000 at an average just under 0.55. Everyone seemed to be confident this would be 1p once the rig was in place and now seems may not even hit that when spud confirmed. Disappointed to see my investment 22% down at this stage although to be honest I hadn't factored in the 1.4 billion placement (!) - disastrous newbie oversight, entirely my own fault for not doing enough research first! Lesson well learnt there.

Let's hope for spud, positive updates as drilling progresses and ultimately discovery news, then I suspect we will all be very happy and relieved. And much wealthier with any luck.

I have faith in the project and the team, JWill, but they haven't exactly covered themselves in glory. At least, not yet.

Let's hope they do.

.... the sun goes down. To quote the great Thin Lizzy.

And after today's 'no real news' RNS, plenty of trading and relentless posting by some on here, the sun going down is all we can truly be certain of, except for death & taxes obviously!

The bid price is down from 9.00 this morning to 8.90 at close, not exactly a ringing endorsement is it?

I wish it were. Oh, how I wish it were....

Same time tomorrow?

Looks like delayed trades feeding in have screwed the SP again!

When will the misery end?!!!

Let's hope so Rare_Groove, let's hope so....... has been painful watching considering the rig is on site and presumably anchored now.

Nice summary Robjm66, haven't had a chance to watch the interview myself yet but from your posting sounds absolutely positive, surely excellent news on the way in due course here. Will watch later.

Cheers.

Hang on, I'll get my crystal ball.....

Nope, can't see a thing, sorry.

:-)

Thank you all, I'm still learning but learning FAST!

Ultimately we are ALL gambling on a positive outcome (did I see 32% chance of discovery somewhere?) so always a significant risk it won't come in. Let's hope that WG's success rate continues at Sasanof-1 and we'll all be happy investors :-)

@Rare_Groove @MaxHSpringer

Ok thanks. So it is the massive glut of shares the Broker is flooding the market with that's keeping the SP artificially low, much more supply then the market really wants until SPUD or positive discovery news?

Just my luck!

@rebel100
You may have answered my question just as I was posting, guessing that would explain it?
Cheers.

Still, at least WG have a rig on site/working unlike my other investments HE1, Kefi Gold and Petro Matad, so the CLON SP should head in the right direction from here.

GLA