Member Info for pawnsacrifice

With respect TIPTOP they haven't hit "big oil at Tilapia" yet!
Once they do and the sp rises then by all means dilute but at the mo all they have is prospects and a share price on its knees.
Any raise now (which if history plays out will be at a large discount) will simply ensure that any profits from a big payday at Tilapia goes only to the bankers involved in the placing. The rest of us will simply be waiting for the shares to rise on good news so we can get out flat.
Not what I've been waiting on results from 103 for. I want 20p+ not 12p because I'm having to share it with yet more flippers.

Totally agree. I think an acquisition now would be terrible move and simply show management have too much time on their hands so are looking for new ways to justify their time at work.
I don't want a new project until 103 is producing 1500BPD, 101 is producing 400BPD ( or we know why not and its a good reason) and 104 well on the way too.
That after all would be growth from 40BPD now (?) to 1900BPD plus 5000BPD more to come with 104
Why do we need more than that to look forward too for a shareprice rise of several magnitudes from here?
All it would do is add risk and dilution.

There was some excitement yesterday as the 50dsma was well taken out on high volume. It was nigh on impossible to buy too.
Stock just about finished above the 50 so looked ok for possible follow on but unfortunately normal service has, for now at least, been resumed.

Yes not bad to start flat and keep the 50. Think if it shows it can hold as some support we'll slowly get a move up to the 200. Chart does look like its at the bottom of a gentle longterm bowl but early days yet imo.

Just an intra day reversal. Standard way of marking tops usually if the stock ends on the low of the day its trouble for the morning.
OK if the stock has good fundamentals then its just patience, if its a dog you're trading then.. oops!

Popped its head above the 50dsma at this 8p level and on very good volume so, presuming it holds, would expect a more positive phase going forward?

or was that just a trader loading up as much as the mm's would allow?

Just had the signal for an RNS re the 1 share trade.

Closing down the spread betting now too .
Tried for just £100 a point and only got £54 filled.
Maybe they should try raising the price. lol

S.B's work ok. Was quoted 8.25 for shares but got in on a S.B for 8p

So just turn up on the door and say Hi I'm Ronald McDonald. I'm on your list and I'm in?
Sorry couldn't resist.

I think that too actually which is unfortunate since I'm holding..
Too many AIM co's leave this get out clause for raising whilst saying no raise for this that or the other then raise at a discount killing the sp just before expected good news.
Not expecting it here but this is AIM and imho he should have eliminated that threat to holders by stating they'll be patient and bring cashflow via 1500BPD before even thinking about another asset.
Realise theres other just as valid opinions on this but still think thats most likely holding the price back.
Can't think what else is, certainly not the mention of the 1.5B barrels booked by their neighbour!

If they can meet finance obligations and the drugs not dead then aren't these too cheap?
Will turn out it was just the FED delaying because the gov was shut I bet.

No phoebus we were told (not promised) 200BPD from 101/102 combined. Theres still a plan for 400BPD combined which took a back seat when 103 began.
Would be good to know whats to happen there but believe it'll be low priority for them now.

My 26yr old pajero does that every year and on part veggie oil too.
Will be chilling too til sentiment turns again.

Don't mean to be negative but having been through two raises and a rig collapse to get this far I'm happy with having the cash from SNPC for contingencies.

Does anyone else get the feeling that malcy just doesn't want to say anything positive about AAOG?
Might just be me but I get the feel when listening to him that AAOG could RNS a 20kBPD flow and he'd find something negative to say.
Do AAOG have a no backhanders for sharetipsters policy?
Just asking like.

Expecting the next payment from snpc next month too according to sefton on proactive.
Things looking fairly solid financially now, prefer that to the extra 30% myself.

Thats not what the RNS stated at all..
SNPC has also informed the Company that it will propose a short-term payment plan to meet the remaining debt of approximately US$9.5m.

Should expect further updates and payments on this quite soon imo and the licence too.

Only 19.5% to go then marineville. lol
Ridiculous market. Think I'll go do some housework.