Member Info for Phil164

Nothing really to add, we will wait for whatever update must surely come over the next couple of weeks, I have long been prepared for any outcome with this share. ATB.

......I guess the key will be is he done, or will we be getting more holding RNSs.

Well it isnt exactly 3% ....its exactly 15m shares which is a shade over 3%, but I guess we will find out soon enough. ATB

Well caution is certainly a good thing to have, but i must admit I dont see why this man would risk his reputation, let alone 100k to somehow get the board out of a jam. Its significant another week has gone by and still nothing from the board, a few weeks ago I did not think that was significant but the longer it goes on I am not so sure, at the very least they will soon have to confirm the licence renewal.

Maybe not the day some were hoping for but I would have taken it this morning.

.....providing of course he isnt just making a quick buck....but somehow I think that is unlikely.

We can all argue about what it means but someone with expert knowledge of this sector taking a stake cannot be anything other than positive, particularly at this point in time.

......or taking his profit.

Well not on nothing, on the back of a known mining and oil investor taking a 3% stake.

Well border havent sunk a well in 10 years almost, and the licence has been extended several times, Im really not interested in re reading old rns information that I have already read several times....what I am puzzled by is why you are here. The rns information you are cutting and pasting is not opinion it is available to all. Big hole in your argument.....if the FIG had refused to extend the licence I think the company might be obliged to tell us since the end of the month is only 10 days or so away. Anyway I wont engage with you further....been down this road too many times, it happens every time we have a spike here.

POC.....the oh dears were in reference to your saying they have to drill a well by the end of the month....if that were the case then it looks like our new investor has just flushed 100k sterling down the toilet.

POC....oh dear oh dear.......oh dear oh dear oh dear.

..........I will also be watching RKH closely....lol.

Wouldnt be at all surprised to see another holding RNS tomorrow or Monday.

.....we will all be waiting with baited breath to see what tomorrow brings.

Well not in one trade but over a few days. I guess whether it could be a punt depends how much 150k sterling, or there abouts, is to you....it is very little to some people, its a lot to most people granted, but not to some.

Well like you Geo I certainly hope so....ATB

100k.....mis type

Yes I saw that and immediately bought another 110k shares, ....of course he could just be taking a punt....or not.

Well, one way or another I can say with confidence that the next few months are going to be the most interesting for all the FI oilies probably since 2015. ATB to all.