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I bought back the SB I sold earlier mikeb. Wasn't going to but 500BPD already most likely booked tipped it. Don't get that kind of security blanket on most drills so fully loaded again.

Was a little unimpressed with malcy, to me he came across as a man who'd arranged an interview and didn't get a bung to ramp the co.
But thats just my impression obviously.
What I did notice was the co. are quietly predicting 500BPD from the mengo. Drill should pay for itself and support the marketcap on that alone I'd have thought. L
Looking forward to the rest of the drill and results from all layers now not just the Djeno.

No not "if he says so".
he's simply right and you were wrong johnny. You should learn to be a bit more magnanimous imo.

Good to see the blue back. Just stuck its head back above the 200dsma too which would explain part the resistance this morning.
See if the Djeno's prospects can drag the sp back close to the recent highs I guess.

I was happy with the interview and added to the SB's here this morning. Quite pleased with the dip actually with Djeno results so soon.
Blue finish or is that just rose tinted?

Marketcap has to be high enough for 400BPD though surely? Esp with the dilution still coming thick and fast.

flow not low.

I thought that too Malkster, just didn't want to be the first to say it. Suppose a lot depends on whether its stabilied after the weeks reported no's or wlll drop further.
What are the implications for low here?

Yes the RNS was pretty clear wasn't it?

"The current workover programme aims to rapidly scale up production at Norio then sidetrack one of the field's wells with the aim of bringing total net production at Norio to 250 bopd by H1 2019, approximately three times break-even production rate."

I did take it that meant Norio would be at break even at approx 80BPD not the whole co. but that still leaves a huge disparity with c.1920BPD needed for the rest of the co's works?

Links don't work by the way I just get oops page is missing on them both .

So Pro rata thats somewhere North of 200BPD before the pump was installed?
Not a bad start at all if that becomes anywhere near stable rate. Beats their 13BPD internal forecast by a long shot.

and equally importantly it cost them all the good cred they'd built up with their investor base. Just look at the title of this thread to show that.

You do make some valid point eggroll but this line from the placing RNS..

The Placing Price of 10 pence per new Ordinary Share represents a discount of approximately 10.7 per cent. to the closing mid-market price of 11.2 pence per Ordinary Share on 8 January 2019, being the last trading day immediately preceding the date of this Announcement.

Has me wondering whether the price would have been higher had someone not given the nod to Winnifrith so he could tank the shareprice before hand?
Without his spoonfed "breaking news" on AAOG's placing the sp could well have still been much higher when they had their 10 percent discounted placing and holders would have been much happier with their lot here.

Might be right, according to advfn's charts last 7 days trading 5 of them have had 20m+ shares traded so plenty of volume to have moved them into.

Don't have an opinion on the 16p but might yet get a blue finish which would be a good start imo.

Yes and if they were bucketshops they'll hopefully be even more unhappy.
Just had a small trade long, starting to feel too cheap even with the short term woes.
Eyes on the prize still that hasn't gone away we've just been seriously distracted.

No the 10p placing has driven this mess imo or rather the promises beforehand not to place at this low level.
Am wondering what happens to the flippers with the sp so far below their placing price. Wonder if their business model means they have to close anyway?

Spreadbet positions as opposed to shares.

Well on the plus side the placees (if they haven't forward sold ) won't be flipping. They're stuck in waiting on results too now just like the pi's whose purchases gave them chance to have these cheapies in the first place.

Death spiral finance and board shenanigans.
Sorry for the holders, aim screws pi's again!

Thats a good question imho.
It was mentioned at the start of today's RNS and I hoped they were going to include it in their nearer term plans given the cash they were raising.
55BPD is a good improvement already from 101 - 400 would be great. Be good to know when they plan to move on that?