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Think it's safe to say everybody was waiting to see where this bottomed out to get the most bang for their buck - some serious buys going through now with everybody getting back in

funny feeling news might well be imminent.. June uplift & Aje update all forecast for June / Q2.. Any day now

Pretty ridiculous how much this SP has dived given the TINY volumes of shares that are being traded

Personally now hoping this slides that wee bit more before I can buy more and average down a fair bit (current average 29p). As been mentioned before nothing material has changed. Looking forward to the lifting update (the cargo has been lifted, we will receive the update once it has been offloaded at which point is is actually *sold*). This tends to give a more open message of the company's plans, opposed to the obligatory info which is detailed in a year end audited report .

Still sticking by my guns and saying we'll reap the rewards with this one, but no denying that it isn't pretty grim just now..

On one of the first parts of the Annual Report under 'Operating Review', it states
"ADM Energy has continued to pursue its strategy as an oil and gas investing company and is focused principally on its
investment in Nigeria, the Aje Field, where the two wells within block OML 113 have continued to produce at very steady
rates with very limited decline. At the same time, new opportunities are continuously being evaluated in order to expand the
portfolio of the Company."

I highlight the last sentence - new opportunities are continuously being evaluated. I can see news dropping any week, they'll want this off to a flier.

Also why is everybody so obsessed with funding being raised by means of placing? HH will have access to international banks which they would happily loan on favourable terms. Obviously he won't be sticking his hand in his own pockets, but with his connections surely funding will be straight forward enough in that sense..

I'm a long term holder with a substantial investment for myself. I'm now quietly hoping the prices stays low - or goes even lower over the next couple weeks, as I've a lump on money coming in which will be going straight into this stock

and HH down to 28.7%. Wonder if he'll top up...

Pretty pathetic volumes and values of trades recently which shouldn't have had the impact on SP as it has.

Roll on some deals to catapult this company to the next level. Over the next year personally I'd like to see AJE phase 2 announced, maybe a couple more non-operated stakes and then a full operator stake to really cement our place as a serious player in the game. A company with the infrastructure to operate a field will rapidly go from strength to strength with the financial backing we have..

I'm waiting on a lump of cash, hoping it arrives quick enough to get another load up here before the real growth starts

Tiny volumes - these are getting held tight and for good reason..

As is in the subject box.. https://admoffice.ae/ then in the news section near the bottom. It is a bit bare on details, but names the participants

With the 'Chairman of China Harbour Engineering Company' - just speculation, but there has been talk previous of HH investing heavily in African / Nigerian Ports, which would in turn supplement the oil and gas sector and increase investment / exports.

This MoU could be to partner with the Chinese expertise to deliver this in Africa. It is common knowledge the Chinese have been investing heavily in African infrastructure projects...

It’s only heading one way too, god only knows how the situation in the middle east is going to develop.

Every dollar helps with the offload value bigtime so long may it continue

Hopefully there’ll be a steady rise with the anticipation of the year end results and update.

Any sort of update on finance agreements in place would be a great result, knowing the company could go after any target and have a strong chance of getting them. The potential here is mind-boggling, now to see it all unfold over the next months and years

At the same time, you wouldn’t bet against a stonker of an RNS coming out announcing a major acquisition or the likes.. here’s hoping!

Agreed though, absolute bargain at these prices

A hell of a lot of buys going through after the early flurry of sells

It appears the tanker has now left location. Reckon today for them to knock up an RNS and update to be released tomorrow?

If you look at the marine traffic around the Front Puffin FPSO, you can see the vessel Karvounis is on location.

A quick google search of this show's it is a crude oil tanker, meaning the offload is taking place this weekend (maybe tomorrow).

Always good for us as the company will announce the crude lifting, which is accompanied by a business update.

GLA

It's easy for the de-rampers to get on your nerves and get you down, but you've got to remember that this is just the start.

The potential upside for this company is huge, and there is very few people in the world you'd rather have at the helm. Oil and gas projects require huge amounts of capital so who better to have involved than who is backed by sovereign wealth funds.

I'm well invested here and very much comfortable with it, once the right people are in and hand picking which projects to get involved with this will absolutely fly. You can guarantee he'll have the best in the game calling the shots

I've mentioned before that I think there will be na update in the next few days..

We have known for months that the next scheduled offload was June - and the marine activity around the Front Puffin FPSO would indicate it is happening now. This is always notified when complete by means of an RNS, which typically includes an update where the company is at.

We can also expect financial results at the end of the month. This is all news we'd have had while it was MXO, so you can imagine there'll be plenty more news with the Sheikh's plans, along with board announcements and the likes shortly

Vessels still around Front Puffin. I can imagine the offload will be complete either today or over the weekend and we'll get an update Monday or Tuesday