Member Info for Ponkey

mick2 was about to disagree with you till I did a dummy trade on IG where you can only currently close a long position but not open a new "up" long bet.

RBD slowly moving up(6%) maybe adding some backbone here.

Shorting per se has a very real place in markets as,expressed earlier, it points out potential and real problems within a company and the value the market puts on said company. Sometimes they are plain wrong and ergo lose money in exactly the same way buyers get it wrong.if someone is shorting this stock then so far they are plain right as this company through a mixture of bad luck and down right mismanagement has been trashed at the expense of misguided PI's and by miss guided i am referring to the dubious(at best) communications given over the last coupe of years.
I have personally taken 10pct of my holding off the table in the last 2 weeks(yes at a profit but thats because of 9yrs of penance) and invested elsewhere. I still remain with a substantial holding and am not selling that as at 8 odd p think we are undervalued and just hope that someone in 7 Oaks or OGIF and get us out of this car crash and who knows we still might be pleasantly surprised but it will be in spite of present management not because of.
Noddy,Big Ears and a garden path spring to mind and not sure which one i am.
oh final point...you drill if you want to...but this man just wants some cash. good w/end all.

sorry to see you go but if you have may I politely suggest you whine on the CASP board not here?

Agreed ,was not passing comment just noticed it moving up,so bought some more here on the basis that if rbd continues north logic has it it should push ujo up a bit.

up 7pct

up 7pct

promised myself would stay off this BB as concentrating elsewhere and quite frankly there is little more to be said. Yes I agree we have been legged over but no I don't agree we are going bust and yes the sp does not show true value but that will correct itself if we find a buyer BUT here's something to think about ...perhaps the purchaser has just found a very cheap way to cover a naked short??

50p thank you for your comprehensive summary which was extremely useful to a relative new comer but who now finds himself rather heavily invested.I was initially attracted to this company by the assets but got more heavily involved after seeing the interview with DB who came across as genuine and of course enthusiastic without ramping the h..ll out of the stock.
also a joy to read a BB such as this which comes across as helpful whilst giving two sides of a view point without resorting to virtiol and name slagging like regrettably the SOU BB has become over the 9 years I have been invested there.
As an aside backwoodsman every aim company is prone to raising cash,that is why they are on aim,but if raised for the right reasons dilution does not have to be negative if the value of the company will rise dispoportionally to the sum raised and is used for an accreditive reasons. But please you seem to have hogged the board with your constant bleating about this subject which can only put new investors off.

You drill,I'll take any money and punt it at Ascot at least if I lose its been my choices not leaving it to peeps that don't...how do I say it....have a brilliant track record. However times you toss a coin the odds of it coming up heads or tails don't change on each single toss!

The 16.5 trades almost definitely sells ,as below recent lows, but remember someone bought them and then who knows flipped them to the 210m buyer....

When I first saw the RNS this morning my emotions went from WTF/WHY to a descent into depression. Not about the actual placing as the amount/percentage/discount is neither here or there but it was just another out of the blue ,badly worded, SOU rns-if only they had explained in one sentence that this money was offered at a good rate and it was prudent to have something in reserve it might have saved some 200 posts and a lot of angst but then of course that wouldn't be the Sound way who all along their rns's pretty much have caused more confusion and debate than perhaps was necessary.
What really got my goat and perhaps a few others is the awful thought that this whole process could be dragged out for another 6 months or more and still may not have an end. Perhaps rather foolishly I thought that we had buyers queuing up at "some" price and the process good/bad was going to be pushed along......
I personally am so against this silly idea of selling T5 and going off to drill another string of dusters but should we have to go down this route I would like the option to take my cash,though of course I could sell in the market. If this is the best we can achieve then I'm afraid this really has turned out to be a car crash.
However on a point of optimism I still think the company (not asset) will be sold for a half decent price if for no other reason I think the Moroccans would prefer it and MOST importantly it's what I would like............:)

Pleasure Crude and whilst I have had lunch a couple of times at Seven Oaks, your endoresment of me is bound to label me as another insider.....lol

I may have disagreed with Crude's w/end post about selling T5 and drilling on, which makes for a balanced BB if you can disagree publicly with friends. One thing I do take objection to is any thought that Crude is some sort of insider staffer or quisling. Just because someone takes time and trouble to get into the dna of a company by meeting the personnel and yes perhaps building up a friendship this ,imv, in no way makes him a company plant and to say so without evidence is nothing short of libelous. It is one thing to have various and sometimes accrimoneous differing view points but to turn on each other with defamotory remarks to vent our frustration is not on.

Sorry Crude one of the more stupidest ideas I’ve heard of. By the time we have kept some money back to drill SM etc there will be diddly squat for PI’s and do you really think there is an appetite from shareholders to throw our last dimes backing a team that have not as yet found a commercial well....Personally I think not.

There's realism and there's being so overtly pessimistic that I wonder why you bother to hang around. You've nailed your thoughts to your mast and are not prepared to see that perhaps the possible buyers may not be so blinkered and realise as we should do as investors that O&G is a risk game and as a potential buyer there are not many games in town at the moment. Sorry it's a free BB but ,not that you should care, your back in the basement.

ha ha and I thought you were nuts!

More auctions than you can wave a stick it....it happens on large volumes but just under 300k....

10.32/11.26 x100,000 shares on my hsbc if it helps

excuse autotext