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Do we mean CalE? And if so, what effect is that likely to have?

Apart from the 50k at 18.05 looks like all the red trades were in fact Buys - otherwise they would have almost certainly have dropped the SP. News please BOD!

This is becoming very stodgy and lifeless with no sign of movement either way. What about a progress report on the extensive work programme that was outlined by Hockey?

Scheduled for Brewers Hall on Tues. 18th. Feb - Speakers Jeremy Asher and Keith His****. Tickets free online from LSE.

Loss - doing this on a large scale to satisfy the emissions police would be astronomically expensive and unaffordable to the average householder. Gas energy is proven to be less damaging than oil-fired in terms of the environment, and will be required in the same quantity for the uk market until the middle of this century. Might be a good discussion item for the coming UK Oil and Gas conference at Brewers Hall - anyone likely to attend?

True butd - had a little top up myself at 18.42.

Nice to see their appetite increasing. Nipped in for a late top-up at 18.61, so happy with that and an interesting week to come with an RNS due on variable II movements.

Gator - it is a question that we all ask, and following trellis's heartfelt request I did some sums on all the fundamentals that we know are firmly in place with this company - with no ifs,buts or maybes - and could not get a valuation below £350m, or around 70p SP on current numbers. This is without the strong possibility of further well discoveries, pipeline tariffs income etc. My own guess is that it is just typical AIM behaviour, with a combination of scepticism that until these projects - even when fully funded as we are - reach absolute fruition (combined with the MMs always keeping plenty up their sleeves in selected situations) - the sp remains shackled at an unrealistically low level. Corporate equity movements may make some impact as we progress, but I believe that the full value in terms of share price will not be reached until after first gas, and then first dividend. So, infinite patience required - all imho of course.

Very interesting article in the Sunday Telegraph Business Money Section on Jim Radcliffe's Ineos company and their intention to double charges for use of their Forties pipeline in the North Sea. Ineos paid £191m in 2017 for this key strategic asset, and now intend to spend a further £500m to bring the pipeline up to modern standard. Usual complaints from other users such as BP and Apache that it is" being run as a money-making operation" - bit rich that one!!
Begs the question - further south, how will this trend affect the revenues to be earned by IOG for use of their Thames Pipeline as activity for oil/gas extraction heightens in the area??

We're all happy - especially if you managed to get in for top-ups at the recent low levels. Full marks to the patient believers - we have some momentum now and the message on present value appears to be taking hold. Some ways to go of course, but a very encouraging week.

Fully agreed butd - its the fully funded aspect which makes all the difference and no time to wobble and wander off Imho. Would be doing exactly the same if funds were available.

So why fund 50% of a company and then exert no influence over potentially controversial decisions? Not exactly WB style, is it?

Trellis -two good points by you in your post - how much of these awards is in lieu of salary not taken? - and CalE with their over-riding influence here must have been conversant and in approval of the awards. We don't like it as a group of LTHs because - for one - we have never been able to do something similar ourselves? We pay for our investments and tough it out - especially on AIM. Suggests to me a further positive move down the line by CalE, as previously noted.

Virtually no selling and a raft of solid Buys always interpreted as a reduction in sp with this share! An obvious buying opportunity at current rates imho, but a tough time for available funds.

Missing nothing in my view gator. Timing of LOG disposal will surely depend on a more favorable sp, and then only in gentle stages I would imagine. Lets look forward to a positive and upward move for IOG in 2020, with a strategic move by CalE to ward off other predators early in the New Year. Happy Xmas to all our posters - especially long suffering and patient LTHs!

Endorse that bandit! Always good to see the CEO and board buy shares on the open market rather than just awarding themselves a few more. Timing is good too with recent volatility. My hunch on the corporate front is that CalE will take a stronger hold on this company - and if so it will be reflected in a much improved sp.

Congratulations flabby! First one in the game to call the Sage of Omaha a mug! He will have a quiet laugh at that one. We knew for some time with the market drift that the Harvey results were likely to be less than a celebration - but the more positive news is the adjacent well discovery surely? The panickers have sadly fallen for the usual MM game of marking this down before a blow has been struck - but its encouraging to see the more savvy reaction of those who realise the value here. I am hoping they are not all day traders who will turn a profit at the slightest lift in sp.

that the penny finally dropped that this is one of the most undervalued and fully financed shares on the AIM market, with a late raft of 15k Buys possibly by the same trader. With the Boris Bounce quite obviously affecting the UK based stocks on FTSE- and the IOG market cap stuck at around one sixth of its proven resource value- it was bound to happen. Joined in for a modest top-up at 16.25p.

Sailor - I think we know who won that one!! Has a positive effect on all areas of investment.

single trade Buy for £66k recorded late and a sure sign of confidence in this share pre-election. It will be interesting to see how Friday pans out on the market once the election trends are out there.