The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I think we are seeing a large placing going through. I think it will be at about .6 p and will give the share price a good boost as i think it is being done by a good or large Investment fund or other Institutional investor. AP is not messing around with VAST and Marange is going to need funds quickly, given the huge money potential in Marange it has my blessing.
I cannot think of any company on AIM where the CEO gives as much attention to shareholders, without the Parsons type of bull. One after another informative and accelerating interviews. Nice story and soon to catch the attention of the papers with all this activity. Not long for a far better shareholders base.
I have to say that Andrew P really does get to the meat. Seldom have i seen such a direct set of answers from the CEO pf any company, let alone a minor miner!!<br /><br />Well done Lee. And all other participants.
I think its in our interests to get together at the very least an email to the board with as many signatories as possible to give a balance to POODS stupidity in case he goes ahead. He is wrong but clearly cannot stop going on about it. No wonder he is persona non grata with the board.
POODS
Your assertion as follows:
Even if the drilling results are good and the shares rally, they price is still going to be pennies or a little more.
this is patently ridiculous. We have no way of knowing any result of flow testing, so how could we possibly put forward a share price. Your assumption of pennies or a little more is simply scaremongering and of course totally wrong.
Even Malcy, an actual experienced person in oil with, unlike yourself, a huge amount of contacts in this field reckons on a multiplier of tenfold with good results.
ARe you really trying to say no companies with shares in the pennies have institutional support? You are mad, loads do.
I again say if anyone is happy to have a letter go to the board speaking against a reverse split, i shall be happy to write it if enough are happy to endorse it. People like POODS are simply dangerous, like loose cannons.
Well done Tom and others who pushed for this coverage. Lovely wonderful and long overdue news. Certainly the SP will jump on Tuesday though i dont really think 2p is going to be a fair price given our new agreements and areas. Once BP is RNSd then the market is going to have to really sit back because our turnover is going to suddenly rocket and seeing the way AP is buying in top quality leases he is going to have more money. Nice Nice Nice. Looking forward to Tuesday
I for one will join any group that wishes to send an email to POQ at any time in the future to oppose a suggested split. I think they are bad for several reasons.
I i think in the case we have here specifically FOG a split would hamper not help the share price.
2 I disagree with poods and others who feel POQ has been no good or does no work, i dont want him wasting time on nonsense.
3 I think the advisors and professionals, like your past self POODS would stuff their noses in the trough to gobble up loads of options as well as cash for doing their job of implementing the split. i can hear others saying it wont cost anything its just a simple paperwork transaction. Yeah.
4 I dont think a bad idea improves simply due to it being repeated ad nauseum.
Scott Morrison a staunch supporter of fracking.
Scott Morrison has threatened to cut the GST distribution for state and territory governments if they push back against unconventional gas exploration, known as “fracking”.
He has warned state governments the Productivity Commission will be considering its attitude towards the controversial gas extraction industry – particularly any moratoriums or limits on the practice – in its review of the goods and services tax distribution, according to reports.
A future Labour Govt wold have to be very careful as the Moratorium was only lifted after the Justice Pepper report, this had been agreed at all levels would be the ultimate decision tool for the fracking lift. Any attempts to re-instate the fracking would bring very big law suits as well as imperil 2.000 jobs.
Poods. You wrote this.
Today's price is the result of the board wanting to not spend ANY $$ for all shareholders benefit.
You really are totally deluded, i do understand that in America the markets like the high priced shares. I also do understand even the UK managers are prohibited from buying some small shares, however they go mostly by market cap, and even then we have managers who run 'Special Situation Funds' for example that are excempted from these rules.
Surely you know this? I honestly think you have a n agenda of hatred against POQ who has clearly ignored your silly posts, letters emails and phone calls. Can you not just sell and go as anyone normally would who thought a company was badly run?
Nice find, that one shows once again how the government in NT are doing their part of the Pepper recs and its damn good to see. Govts are such shifty entities but here we can see they are doing their job.....only of course because their is so much money to be had. Very nice continual progress though, just cant wait for the Origin / Fog work plans.
During the build up to the moratorium being lifted we had a long wait with several false alarms concerning the announcement date. The general feeling though before the RNS came out was that the lifting would happen. We got wind of this from the central governments responses and the parlous state of NT finances, it being clear they were going to need to get an income from somewhere.
As a result of the above as well as Malcys often stated view that FOG was massively underpriced a large bull account built up in anticipation of the moratorium being lifted. However the market makers realised very quickly that it would be a long time before more news and so their intent to run the price up in line with the news of the lifting evaporated. Those who bought in to trade left very quickly and the price dropped quickly from the mid 20s to just under 20. It has taken longer for other holders who felt it OK to hold until more news to clear to but as time goes by people need the money for other things or just think they will take it out, suffer the loss and go into something else.
Of course that isnt investment, but most on aim dont seem to invest, mostly it seems like knee jerk throwing of money at the latest wheeze. Really good investing means getting in when others are afraid to, Warren Buffet style. It means being able to identify a time line and grabbing shares at the lowest part of the cycle one feels able to. FOG is on a vast asset base, as we draw closer to the New Year i am convinced FOG will be one company tipped for spectacular rises in 2019 and of we go. TO my mind we will be able to gain ground also in the nearer term when Origin come out with their work plan details.
If anyone has any doubts about the way ahead for this business i suggest you go to the pubs involved, there is a definite air of anticipation of the company really doing good things. Expansion is clearly in the air and if this summer carries on at this rate they will have very good books to trade ahead from.
I agree with fortitude in that there are so many high flyers in this new mix, and some decently positioned pubs that they will turn this round fairly quickly. My guess is they will list back to AIM as soon as they have a good plan in their sights, if you look at the main people involved here they have connections throughout the South West in hospitality. Clarke has loads of tea shops there and heaven knows he is able to roll out successful ideas, Sparrow is a master at raising money and Fraser an expert at finding business assets to strip, he also is a non-exec with the company voted as Brewery Of the Year in 2015.
They havent put themselves together to lose money on this venture, my guess is they will move very rapidly now the mechanism is in place. Emma Dark is clearly the whip cracker and looks a good solid choice for FD. The enxt few bits of news should be very interesting.
You got the wrong poster mate but never mind, since the moratorium has lifted the regional NT Govt has, in my opinion, gone hell for leather to ensure its part of Justice Peppers list of responsibilities has been carried out or has been started. You whinge on but go to Italy and apply for a drilling licence and see just how long that takes you. Shareholders of SOU for example will be only to happy to tell you.
Credit where credit is due, progress has been rapid and very clearly highly supported.
the train is in motion. Any buys now are just moving up the price, MMs look fully primes with some nice cheap shares not even ten days old with company changing news coming now any day. The presentation timing is perfect and i for one will welcome any bigger players aboard. But now is the time.
I cannot see anything less than a 2p target on production alone over the next year so this coming re-rate is really a statement of the company having taken shape....a real boost for AP who deserves the credit IMHO
Interesting price movements today, it looks to be the case its hitting the same resistance earlier in the year, the seller may be getting very close to the end now but it should test the lowest point again in the next few days before it settles.
News from the company soon via via Origin no doubt.
For any mature adult to place information about personal relationships, as you have, is odd to say the least. Its clear you have a grudge against POQ and keep mentioning him in an unpleasant way, growing up is more an ambition for you i think.