Member Info for quindell

Yeah NL of course it isn't looking good..... thats why the operator UKOG have been busy buying up all the remaining stakes in HH. Makes complete sense doesn't it, HH is a rubbish asset and will never be commercialised because its crap and all is doom and gloom yada yada yada, bla bla bla. Everyone run for the hills screaming at the top of your lungs with your arms shaking in the air.

You know this will be rocky in the short term Cliveas, too illiquid and will fluctuate horribly. Waiting for stability, sold some I bought a few weeks ago though.

We just have to accept things will go up and down quite sharply until actual news arrives, by news I mean HH because everything else has been put to the back of the pile it would seem. Enough with the bickering, sit back, relax and enjoy the ride, if it gets too much jump off, simples!

You are like kids....... the lot of you! Whoever said earlier they were threatened on the phone needs a slap because that is absolute BS..... I have had many convos, successful ones at that! It seems as though people prefer moaning and crying over investments rather then being proactive. Low liquidity and HH by itself will do the talking for STG, everything else are freebies.

NL - you should try calling them in all honesty, I don't know what is stopping you! It is true, the loans DO need a good explanation, giving out cash because you have it burning in your pocket is far from a good reason in my eyes! Nevertheless HH is what will move us forward in the short term, 0.25 would be a nice start.

Supremely confident we have £500k in the bank, yes I do think our loans will be repaid but the Bod thought hey we have lots of spare cash just sitting here doing nothing why don't we loan it out to our mates (very unwise decision)! HH has been proven to have phenomenal natural flow rates, and it will be a completely different ball game if the asset progresses as we expect it to, why do you think UKOG have been mopping up all the stakeholders shares in HH? Once this is in place I am very confident that bank financing will be arranged for the development of HH, especially considering we seem to have formed a pretty robust base in terms of Oil price and the project has been massively de-risked thus far with the flow rates recorded. I have no idea why the AGM was missed in all honesty, and it is something that really cheesed me off! Bod don't care for PI emails, if you want replies get on the phone and stop being lazy and moaning ;) The gold is a medium term play and the coal is completely written off. HH is what we are about in the short term and we have plenty to be excited about!

Whoops should be 0.42p per share

Indeed - I wrote cash/current assets. Our current cash balance is around £500,000 which is very healthy

Shell - as in the value of STG's listing on AIM

Looking at STG on a very very low and conservative basis we must consider the following; Shell value - £200,000 Horse Hill - £1,500,000 Cash/current assets - £1,000,000 Gold (with plant) - £0 Fresho investment - £0 Coal - £0 Total - £2,700,000 or around 0.25p per share, now this is on very very very conservative numbers, below is a less conservative estimate; Shell value - £300,000 Horse Hill - £2,000,000 Cash/current assets - £1,700,000 Gold (with plant) - £500,000 Fresho investment - £175,000 Coal - £0 Total - £4,675,000 or around 42p per share So from these figures you can see we ARE very undervalued whatever way you look at it, which has nothing to do with the quality of our assets. It is true that those in charge are not doing us shareholders justice, I'm just glad UKOG are heading HH because that will be our positive catalyst that we so desperately need. If we somehow manage to something with the gold then these figures will be blown out of the water, but this isn't happening in the short term but may be possible in the medium term if they get it moving! I have a good chunk in here and am wiling to wait because we all know how this moves because of the real lack of liquidity.

Lol that made me chuckle :) Seems as though the BOD don't care about longer term holders and gave the open offer to EVERYONE even the deeply discounted placees, much to my surprise! Shocked in all honesty. I decided to cash out over the past few weeks, good luck to all those invested.

Im happy to let this run, although the opportunity cost of having cash tied in here is pretty damn high, especially considering the fact that many I have been keeping a close eye on have done incredibly well. Oh well! Such is life :)

Until HH gets moving expect to be bored, this swings wildly in both directions because of the low liquidity

We still have HH so thats what is important.....

Is very very very wrong here..... I'm getting a crappy feeling about all this!

Today still intrigue me.... if it has anything to do with HH then happy days, and about blooming time!

Talk is cheap.... back up your statements with some evidence

Copy and paste some buys from your trading history i dare ya!!

Show me some of those buys then matey.....

Meet me at the next Proactive event in Mayfair