Member Info for pawnsacrifice

"it in" lol

Might get the work programme RNS'd out the blue next. They did mention in it the Funding RNS and sounded keen to get it out.
"The Company looks forward to providing further details on the intended work programme in short order. "

May as well vote no for the zen deal whatever happens to the other lot imo..
"The Company is continuing to progress the terms of the Loan Note and has a term sheet for the provision by RiverFort of a loan note, of which an initial tranche of £250,000 will be available on conclusion of the General Meeting, assuming shareholders have voted in favour of the resolutions being proposed, and further tranches of £50,000 are available to be drawn down thereafter every month by mutual agreement between RiverFort and the Company."

There'll be nothing left for holders if this goes through imho better to vote no and if the co. does go down at least the lying scheming board get stuffed too.

Will be watching too.
Think that 230 odd pence target will get noticed. Know its fully derisked but still a heck of a to go from here.

Glad LEK rising seems to have helped so many.
Think many of you are loonies with your tales of trading losses but what the hell life has to be fun and trading on the edge can certainly be that.
Sold a few for a free ride myself yesterday as its what I think you're meant to do with fast risers but already regretting it.
If theres a dip reckon I'll panic buy back in. lol
ATB for a good week to come all.

"plus oilfield hands on experience."

That was a joke yes?

Team A or team B. lol

Not in aaog or zen but needed to be said.

Hard to deny they misled the markets on 16az..
Wednesday 20 March, 2019
Seeking to increase the Company's gross production by 325 bopd and to add USD 3.6m of free cash flow to annual revenue

April 1st
W Rustavi Well 16a : test rate exceeds forecast

forecast was 325BOPD

" pleased to announce that production testing at well 16a ('the well') at its West Rustavi field ('West Rustavi') delivered a test flow rate of an average 1,100 bbl/d versus the previously announced target production rate of 325 bbl/d."

In true snakery they've changed BOPD to bbl/d when they must have known investors would see the "exceeds forecast" and gloss over the change to bbl/d as its what people do especially if they're deliberately emotionally charged/lifted by a snappy lying headline.

The trouble there is (imho) that AAOG's partner SNPC were able to withhold payments to AAOG knowing they were too screwed financially to do much about it.
With this debt added to ZEN's accts then surely they'll be in the same position as AAOG were who also were fully convinced they could get SNPC to pay up what they owed after just the next meeting!

Thats sounds quite good value. lol
An unnoticed star for next year currently missed due to the noise of corbinned?

Well not really news but confirmation they're working for holders..
https://keyfactsenergy.com/news/5986/view/

Well yes it does make sense. Theses collapsed when corbyn dribbled on about how oil and gas co's were pretty much the enemy of the planet and he was going to tax them heavily (ie out of existence) and give the money to windmill manufacturers .
Not surprising the sp should recover now.
Hoping for the placing price as first target then thinking sp action likely down to newsflow?

Feel like a should re ask the question after your post herbie as you seem to have completely ignored it in favour of copying and pasting your political rant from the BT thread?

Good result for the UK oil and gas sector with Corbyns destruction of our petro industry avoided.
Feels a safer buy here today (Fri 13th what could go wrong?)
Anyone else been waiting to make sure the commies don't get in before buying this sector?

Its got nothing to do with denial and its not "my shareprice." I just turned up earlier after the news to ask a question and you told me porkies about placings when theres been none all year and last years was tiny !!
Just a bit much to see you posting that the co, tell lies after that lot is all.
Might buy a few in the morning though as can see the possible turnaround story so long as the lossmaking division is sold that is.

Are you still telling your lies about placings iknowthis. I exposed you as a liar this afternoon with your claims by showing that they've had no placings since the measly $500k raised last year and now you're prattling on again?
I know it sounds harsh to talk to you this way but you were so wrong with your claims after the RNS and so unwilling to admit it it just has to be said.

Thats a huge turnaround a11gar. $58m to the good. Can see why the placings stopped last year.

Last placing was Dec last year and only for $500K? That doesn't sound like a co. thats still "erasing share value." Were there other raises that weren't RNS'd Iknowthis or have I missed some?

Think you need to drop the "investing" criteria iknowthis its making you sound pompous and self righteous. Most of us just want to turn a profit that'd be a start.
You're right about Zimbabwe and a very good job they're selling it but not so right about what left of the business apparently hence the questions about turnaround possibilities from this level..
Despite significant financial and operational improvements in performance, the Company continues to be loss making with management expecting a loss after tax of c.US$7m to US$8m for the full year 2019 (2018: loss of US$65.0m). While the Group's FedAir operation remains resilient and is expected to be profitable for the year, this has been off-set by the continued volatility and uncertainty in the Zimbabwean market. fastjet Zimbabwe has increased its year on year revenue despite the difficult trading conditions following the introduction of a new currency which effectively devalued the existing currency by up to 15 times its previous value at official rates and has pushed inflation rates to above 200%.

Nothing personal but more likely you did iknowthis.
Its pretty standard that those that are telling you to buy the top are the ones pushing peeps to sell the bottom.

Agreed they do seem to have a plan post sale of the lossmaking division. If they can fulfill it then they may be a half decent turn around co imo.

The restructured Group would become a capital light business operating as a franchise house that would earn revenues through the fastjet brand and providing airline management solutions, whilst also continuing to hold its investment in the FedAir business. The Group's strategy is to focus on franchise and providing airline management solutions to additional airlines in Africa that are independently owned, enhancing its overall revenues from these. Additionally, the Group would aim to only own airlines once they were cash generative and profitable, so avoiding the initial costs and significant cash losses through the airline startup phase and from operating in Africa's sometimes uncertain trading environment.