Member Info for poiu

I think we have to be careful, if you look at the trades, the first to start selling were all from 14.33 hours. Then in an hour about 200.000 sold. But it looks to me like one seller at the beginning then joined by a couple of others. Now if you look at the last RNS, it was on the 24th December and said the Nit lift would start in a few days, these sales i think are T10 traders who bought after the RNS and have now run out of time so have had to sell, or pay for the shares. In other words with this volume which is very small i think its margin traders getting burned as per usual.

Had it been bad news leaking ime sure the volume would have been well over at the very least, a couple of million. For sure though news is getting closer and some will be having to settle their positions, i am holding onto mine as even the government have agreed to put millions into FOGs and Origins area, the sale of 300,000 shares today doesnt worry me but the MMs will use it against anyone on margin.

The share price is hotting up now, so maybe the flaring is about to start , the MMs always seem to know in advance. A good result here and we are off to the races. FOG shifts like s#### off the proverbial blanket when there is any buying pressure

Also forgive me for saying this, but incredibly you guys are criticising Persimmon for TRADING....What on earth do you think Stock Markets are for???

I really don't understand you guys. Over the last 40 years and just over of trading on the LSE i have always thought a balance of views is best. The nasty way you lot respond to views other than your own clearly wont encourage others to post, and we all lose potentially good information. Actually if you had the nouse to understand what Persimmon said, it was only really that he felt RBD would need to go further to prove up commerciality, this is absolutely reasonable, in the same way its reasonable to say that a decent reading from the current work could give is a very substantially improved share price....and a great boost to the chance of being bought out by a ' big bug ' Ineos etc.

Selfishmcnimby posts are really quite ridiculous and from a little minded person to terrified of his own investing decision to actually look at any post other than those that say ' a pond per share tomorrow folks'. I understand fear but not this type of viscous posting against a comment which included nothing in the way of unpleasantry. Just my take, now i await the usual flow of bile from the smallminded.

You guys failed to notice i had said Persi was right and you lot were wrong in that your continual ramping was a the share price dropped , as Persi said it would, and then he bought in at .4. Your continual ramping blinds you yourselves to reality. I have held this share for a long time, have watched the thread for long enough o make an informed decision on what i have read and seen. I never commented on how annoying Persi was, though i have to say i have not seen him making the silly unpleasant posts you guys often make.

As for RBD, its all in the drill bit, lets keep it pleasant.

On Monday with any luck and as the SP is currently balanced on 12p, a really dynamic area of the chart, movement up is still very much on the cards even without news, but with news we could be in for a real treat. Many of us have held here for years and well remember how JAY moves when the news is good, also how it drops when the news is bad, hopfully now we are on a roll with those across the pond coming in to help.

I think the thing people really hate is that so far Persimmon has been right. He said he bought in the other day at about .4, in my book that makes him a better trader than me as i was in at .59, others though were in far higher than that hence their inability to be pleasant to the guy.

Karaleva

Come on that is totally uncalled for, Abbott and Corbyn were two useless articles who thankfully stuck together and saved two other people. Neither ever did anything useful for this country, what they left behind was a total shambles where even their own party, including the new leader, said Corbys racism could no longer be tolerated.

California too

Hi NM

POQ has always had a mantra that he is waiting for the amount of gas to be seen and then to sell out. I cannot remember him ever saying he was here for the long haul to production. At the moment we also have the South African interest to be decided. At the moment we are drilling to see how productive the choice of wells are in relation to each other. These are really huge gas opportunities which have had interest from Japan. This is crucial since Japan is going all out for gas and Beetaloo is not just close but as the Government say Beetaloo is simply vast, a massive amount of gas is expected.

What we dont know is how Japan is going to react as each well is drilled. Will the fracking amounts be commercial, non-commercial or of blockbuster performance? Since the Beetaloo is such an attractive area for Japan to exploit FOG could just be snapped up with its 30% very quickly. These truly are exciting times, ime not like some here who see the share price as some kind of proof of how FOG may not be attractive, i believe we will see our share price react when the global crisis for all economies is laid to rest, at least for the moment. The US and China will hopefully bury their trade hatchet soon, maybe even this week, then investors will feel more able to look ahead a year or 6 months for their investment horizon. Many at the moment feel two weeks is dangerous, and so far they have been right.

If you look at our trades yo will see just how thinly FOG is traded, hardly anyone has heard of it, but spinning drills have a way of changing that one. We all know from experience, those of us who have spent years trading or investing in oil stocks that sentiment the driver until production, then its POO. We have 30 days or so until we know if this first well is worth extending, during that 30 days we can be absolutely certain others will want to join into Australias most exciting O&G opportunity. Just a few days ago the minister himself said this could transform the economy of the NT, whilst Origin said it was a once in decades opportunity. 13.5p? LOL. Watch This Space.

I understand Poods you have a grudge against POQ and the BOD. Fine, but sometimes its best to be a little open minded about grudges because they vex the spirit. Now the share price.

We have been in an appalling market, top companies have seen very sharp share price drops, others have gone bust, others have done well. Not many people though have been interested in higher risk shares as the lower risk are bad enough. FOG is simply not on peoples horizons, hardly anyone has heard of it, but wait a little for the news to get out. Malcy used to cover FOG and i have seen the odd comment over the years in mainstream press. With so much to report on at the moment most tipsters are covering banks, builders etc who are currently enjoying a good run. A little more patience, my own 38 years of investing has been full of surprises, good and bad times, but i have always liked to have a good holding of a share like FOG because when they are CHEAP they are VERY CHEAP....but when they take off...they are damned expensive.

By Christmas we shall, if we are the lucky finders of a decent Kyalla result, have a massive stocking to reward ourselves with, its so close now maybe a little less whining and a little more support to our own investment may pay off. Just a thought. Good luck to all of us anyway, no matter how we proceed.

At last we are here, there is an old Aussie joke which asks ' How do you tell a plane load of Brits ?'

Answer, The whining carries on after the engines have stopped.

Lets now hope the whining about POQ, Origin and FOG now stops for a bit. They have done an amazing job is seeing out the difficult times, putting up with the moratorium, carrying out its demands dealing with the political difficulties and of course the Green Brigade who somehow seem not to understand what is really going on here.

This is one absolutely massive opportunity for all of us who have been in this share as long term holders, some probably here since the gas began to form. But now its the boot on the drilling foot, good luck to us all.

Having traded a lot with China and many visits over 16 years i can tell your that your comment that China doesn't give a toss about damage to the planet is utter garbage.

they are streets ahead of us in combating climate change at every single level, from the political through to the massive state aid to universities who study ways of ameliorating damage caused by climate change. Their new cities are being designed by the worlds top 'green' architects as was even their latest mega airport just outside Beijing.

I suspect one of the biggest problems we have to face are people ourselves who simply dont understand enough to make a valid argument. Its up to us to force our politicians to make the move. But China is far far ahead....may i suggest you travel a bit.

The overhang may be gone now, so its onward and upward for the news coming shortly. New resource update for Iterlak then the first study completion, then the second. We will now get the Pre Feasibility study in the next few working days, ( Easter will bring it to the 23rd then we will have just the few days until release of the study. Very soon after that its the Application to Mine going in and them its a short wait until the Government response to JAY...and the Government have already given them the Award for Best in class. All good now, reallly very good

Monts, i agree with you,

Looking back you're quite right, i think its a little confusing way to show the progress as one usually thinks of stages as following one another but i see where you are coming from and am sure you are right.

I will for one be very glad to get JAYs next update, i wonder if we will see an RNS tomorrow showing Director buys. Three did the last time it went down like this i think so hopefully they will show some confidence by doing it again. Not sure though if they are now held back by having inside Info especially given Rio's interest.

Either way we will soon get our 2nd quarter RNS any day now as i am certain they wont want to miss this date having said a couple of times they are doing so. Good luck all anyway, another good buying op today though it took the missus to talk me into buying and not selling!! Hairy stuff but good fortune favours the brave.

In the end i decided at this price to buy another 150000 at 9.4 because firstly i cannot stand the nasty creeps from Ritchie666 even though he has been right so far, or that other group of twats. Time will tell who is right.

The presentation last out does say £11 million still in the kitty. But they have consultants for SIA, EIS, the new mine consultation team, off take analysis as well as marketing and logistics. The list goes on, i am at a decision time and am wondering even with the best will how long this is all going to take. We now see clearly in their presentation they are placing the Off take partnership AFTER the mine construction.

That means another 18 months in their own estimation, but that may well be far far longer. I still like the project but have to preserve my own money, so am ready now to get out of JAY most regretfully.

I have been a supporter of JAY for years, but to be where we are now makes me think something may be going wrong, is it the problem with the smelters in Quebec that threw a spanner in the works? or is it that the costs of setting up the mine are simply too huge for JAY to go ahead without massive money causing huge dilution.

I hate to say it but Richie666 has been the one getting it right for the last 2 years. I have been a holder of a large amount, over half a million shares, but any further drop and i am out. 9.5p is my limit.

Expect some important news at the PDAC Convention in Toronto, Canada, during 3-6 March, with the largest Government delegation to date, and in attendance of H.R.H. Crown Prince Frederik of Denmark.

Greenland Govt will want a splash, so will JAY. Just watch this space for an update including the latest on the application process, or will they announce they are ready to submit the application.? They may well take this time to announce an important link up with any of the world leaders in Ilmenite or they may take this opportunity to announce a deal with an offtake or perhaps some kind of farmin. Either way this date starting on the Monday 4th will be very interesting indeed.

We all know AP wanted a II buyer, as he said, somewhere between 5-10-15 percent of the share capital. So if the MMs shove the price down to .004, sell two hundred million, raise it to .005 then sell another two hundred million then do the same at .006 they can then start to raise the price as news comes along to allow the II to make their kill.

Their is so much good news to come, and very soon, it makes sense that we do in fact have our II buyer, which, if correct, is another milestone passed for the company and APs plans.