Member Info for Ra11adw2

Once Canada market opens we may get RNS or Friday for G. Also we should be over 4.30p at least.

The fact we dropped to 3.80p in the morning then rallied back to 4p range and still trading at 4p area all morning is a good thing.

Has to be a nice dip then the next RIP as they say, cant always be just up and up, going up slowly is also a good sign. Looking for 5p end of today or this week.

We know delays can happen, its been 3 weeks and 1 day since the minor issue that should have been resolved in a week, as they stated they expected to give news the following week. Then a further delay happened, so today they give an update stating in a few days reaching Target depth. 3 weeks too late!

1) Complete Joke that it went to 0.0006p a few days ago. Especially for people who got it around 0.0013p-0000.9p. All because of these minor delays, unless your averaged down and happily got more shares fair enough. Again these things can happen we know its annoying though.

2) Its very strange they release this RNS today, i mean its good they keep us updated etc, but why not give RNS when its hit TD?

Why say they will hit TD in a few days, so that suggests they will give a RNS this Friday? 2 RNS from beacon in a week! Do not know if thats a good sign or bad sign.

Just waiting till they hit Target depth and say we hit OIL in proven reserves, still 90% confident. But the delays and strange timings and releases of RNS is getting on my nerves!

To me this is not a day trading stock never has been, supposed to be a safe stock and people buy for the dividends it gives. The fact they changed name out of nowhere and now its 86p, lowest its been for years not even covid-19 took it down below £1.

A Group called General Counsel bought £94k worth of shares at a price of £1.89 and others brought around average of £1.31 in the last 12 months. Shows they are confident this will go beyond £2 next 1-2 years clearly, this was when the price was around low £1.00s. Why would they buy at such high prices? Tactics? Trying to catch investors and trap them? They like throwing free money away?

This is a bus business we will always need them, and they will always have customers. Company has always had debt, but was above £4-£6 before Pandemic. Buying now at 86p/lower or averaging down would be best tactic.

Not for day trading or long term, just for the dividends its amazing value in my opinion. If it ever gets back to £2-£6 next 6 months, 1 year, 2 years or more you can always sell for a huge profit or just leave it and get lots dividend payments and then sell when you want for more profit. Only concern for this share would be if they cut dividends or get rid of it, do you think that will happen? No in my opinion.

Lots of Buys at the end, unless they are sells notable ones are the 14k and 1 million. Buy is my sentiment for this stock.

I think I need to go bed, came home late from work. Should not have looked at the google page.

i just saw google price and was shocked and wondering why the line looked like a car crashing down a hill at end of the day.

Then read all the posts on here lower down the page just few mins ago regarding google is crap way to look share price and look at other reliable sources.

We went from 0.0007p to 0.0012p in 5 days, that Basically told me this is a BUY and hold short term and long term.

Last year 2022 and this year 2023 we had spikes to 0.00020ps twice, this was the third Smaller spike to 0.0012ps. 30% gain is amazing, when we had no RNS just global news etc.

Regardless of buyout, 2024 drilling, or what will come in September 2023 onwards regarding JV, all new investors should buy and hold until next spike, or wait till it hits 0.0045p-4p range possible by end of 2023 or 2024.

Just wondering what it will be at 8am tomorrow, will it be 2.60p and then rise within 15 mins or 1 hour back to 3p+. Do not know why it crashed to 2.60p at end of market, if thats MMs games or something else. The international COPl Canada and USA over 4p, so expect re-rate back to 3p at minimum.

Regardless of JV incoming with letter of intent, assets, drills or production update we are waiting for with GGS with higher revenue coming next 3 months and over the winter.

The fact we went from 1.6p to 3.40ps in a week is amazing on no news! If any news hits in production and GGS, I am expecting 5p-6p short term at least.

Might be lucky if it goes double digits if they announce GGS with another piece of news maybe bondholders halted or stopped. If its JV in the coming weeks then its 10p-60p or more as we all know.

We just need an update or anything positive and we are up, seeing other mining or energy stocks go up this week 20% or 50%. They are going up in anticipation of news or little news, or news not even linked with the actual stock share but the sector.

Yet we stuck 0.0032p range with 0.5% increase and decrease daily. All because Vast delay diamonds news, delay whats happening with the debt/loan. Vast Delay any kind of news, always every RNS they put out stating they are hoping to get this resolved soon, or should have it by end of this certain month. Then same thing is said or rehashed in different ways the next month.

This is getting tiring and boring for all I am sure. How about Vast release news that is beneficial and has happened. Capstone and Barclays adding, means something as well, why would they add more shares and money if company has given no news on diamonds parcel or loan/debt? They like throwing away money?

We go up from 0.0020s on anticipation of diamond news mainly to 0.0070s then drop down to 0.0030s because we still got no relevant news. Give us shareholders the News Vast!

Short term:

1) Can double, quadruple up or down in price depending on news or shareholder sentiment.

Long term: If you invested loads of shares and waiting till 2024:

1) Production and Gas prices increases, IOG reach 5p, 25p, 45p analyst ratings or Brought out.

2) Go into administration, shareholders wiped out or severe dilution.

Thats my opinion from that RNS, not all gloom and doom, not great. Balanced update can go either way, basically nothings changed bondholder agreement/waiver still needed. We should have got the decision today, thats the concerning part.

Forget about dilution, shares, insider buys, barclays and other things, the chart shows this is a 63p August 2018, 11p in June 2019, then rose to 45p in October 2019, then Covid hit, then we are just downhill with debt and no diamond for 3 years. 2023 now Vast is 0.0032p constantly going up and down from 0.0020s -0.0070s.

If and when Vast get the diamonds parcel, get loan extension and then able to pay off the 8 million with those diamonds or a loan. Will we go over 1p surely at least? Then 5p-10p seems highly possible if Parcel and debt resolved. Or is that all wishful thinking?

Bonds a stocks worse enemy, funds also probably needed and placing could be happening as a result. So 5p may happen, but Chart shows its never ever been that low in its history.

This stock does not look good at all, including the fact it just goes down, worst price its been for a long time last time 2012 and 2009.

Why are a lot of people bullish here? Bag holders from higher prices and believing, trollers or bits of both?

But farm outs, assets, drilling going to happen and look really good, how long will all that take even if they do not dilute shareholders?

To me this stock just looks like if any news comes, it will pump up a bit then go back down again and then will repeat.

Then sometime another placing will take place and shareholders diluted. Even if everything goes well and this goes back to 25p, 50p, £1, what high chance does it have without running into issues e.g funding or delays. This will be a day trader, month trader stock instead.

Thats very true, just looking since 2020 share price always 4p to 8p range. Sometimes may hit the 3s but not many times.

I will give it a while. Hoping all the good news comes, with no raises or dilution or issues and delays.

*We await proof they can mine and sell securely, consistently*

Thats a lot of crucial big statements they need to release, if they do this will be multibagger and over 10p. But because thats so much info they must release I am not so sure now. Maybe it will go down to 3p again with no news, or mms take it down. Then we catapult to 10p+ with all the good news we require proof of mine and sell securely but consistently.

*warrants 7p -9p with gold project news maybe*

So short term looks like we may get to 6p- 7p? All guess work though because the warrants where that price? The Gold project who knows, is that even relevant and it would only bring the price up a little on news?

That could be a buy or sell 30k end of today, LSE does not always show it properly. Either way thats nothing. I would expect 100k, 200k or more and if its a sell then be worried.

With all that said and being done, this stock seems 50/50. I will place a small investment Monday and if next few weeks goes to 2p-3p range I will load up and leave for 6 months.

So placing at 17p, we are 10p now. Looking to buy in at 5p will it go there? Charts and technicals look horrible.

The chart just shows down from 51p from March, Down £1.17 from July 2022. Constantly down. Last time it was below 10p was 2012 and 2009.

What is going go bring this back above 50p-£1 again? Assets and Drilling? Someone using facts and analysis sell this stock to me like your in dragons den in one quick summary. Much appreciated.

Thanks for that explanation Investor, i will be wary more and watching next RNS or news regarding Mms and everything else you stated regarding technicals and charts and candles.

Thank you for that nice summary conclusion of what this Petro matad chat is Dozzawba. Hopefully BB is more friendly and has more like you in the future.

Rampers or de-rampers its every chat board but you can understand them or be in them without suffering or have a laugh or be serious.

This one just feels like you type a message you get told to get lost or harassed. Thats if you have a opinion regardless if its misguided or you do not totally agree with whats said.

Also the Fact WOS posts the most on here, even if he does give useful posts which may also be repeated and in annoying caplock headings and hard to read what he's writing for me anyway. Whenever he posts it angers all the ones who dislike WOS or call him out for different reasons right or wrong which makes the chat more toxic from what I see.

Short term my opinion is think we could go a little lower but not very confident that will happen which is a good thing.

As you said hope RNS and positive news comes for Heron + any other news, then double digits should be a reality in the future but who knows when that is (Again my opinion).

BP as Dozzawba said in his comment WOS posts some useful information, like other posters have said on here. Thats why I stated that. You should ask them and they will awnser.

*WOS can disrupt boards and annoys boards.

*WOS can put misleading titles like Dusters to scare investors to sell, same time telling them to buy petro matad. Also then saying feel sorry for genuine holders all the best!

*WOS daily ramps this stock and stated for months we will be double digits or higher. Yet we down to 4p.

*WOS gives good information yes, but repeats a lot.

Yet anyone gives a opinion on here right, wrong or not understanding properly, is told to get lost or why you invested in here? I just stated a fact it went to 1p and could go lower from 4p, then move back up or double digits because of Heron. I stated short term clearly yet the poster Hamm went abusive.

All WOS likes are the bulls here who act aggressively not all of them, but most! Shows the state of this LSE chat and how bad it is.

At least you are not aggressive or act like you are very horrible Medjed, i see all the so called de-rampers get treated the same even the neutrals.

Disgusting behaviour when the PRO bull WOS is annoying and disrupting other boards still, even though he gives good info here, not like or hate him.

Yet no Bullish petro matad person here says anything about that, instead shouts and screams at anyone with a opinion. Now I understand why Cac, Bp and others dislike WOS.

I understand on that day the Velicop failed etc and that was the main reason. However I have never ever seen that happen before personally.

1) That drop was too much and aggressive, i would expect 4p to 3p max drop. Again regardless of MMs or whatever the reason was. As we know Heron + other news and no more dusters. When we have been trading 3p-7p for months that drop made no sense. Yes it re-corrected and stabilised.

2) Everyone knew the velicop had low chance, presentations showed that. So again it should never gone to 1p.

As I stated before I will add more if it goes lower, but happy with my position. I feel for long time holders or people who waited for years when this has not delivered. Now Heron should, but short term I cannot trust this stock to buy more.

Lets not forget a couple weeks ago 8am in the morning this stock went from 4p to 1p within the first 15 mins, then few mins later sat around 3p.

Does not matter if its manipulation, most stocks do not do this kind of disgusting behaviour unless they are doing a raise or going bankrupt or have no assets/balance sheet issues.

Regardless of potential future with Heron or next week is big news or 12 months/18 months all this double and triple digits.

I cannot trust a stock that has been around 3p-7p last 5 months due to news or investor sentiment and then magically drops to 1p then goes back up again instantly like it was nothing in 15 mins.

Which is why I have a moderate investment and will not add more until I see RNS with positives, or i will wait for it to magically drop to 1p again and add more, do not say that was a one off, thats not normal!

Regardless of debt, raising, equity, shareholders, balance sheets, cash on hand, management or anything else.

If tomorrow, next week, next month or next year bitcoin goes to 50,000,00 or 60,000,00 USD. ARB will shoot back over £1 to £2 will it not?

Considering thats what happened in 2021. So as long as bitcoin rises and ARB do not RNS anything good or bad, its all good is it not?

Then everyone wins. No one cares for this stock apart from trading it daily or weekly whenever bitcoin rises.

That is some good information and relevant Pacman.

I guess everyones either waiting for 2 options today:

1) Buying lots of IOG shares today and waiting for Monday RNS.

2) Waiting for good news Monday on bonds and then buying shares after we know whats happening with bonds.

Risk 1) Buying on Monday after RNS if good news and this might already be 4p- 5p, missed opportunity.

Risk 2) Bond issue not resolved, or other bad news then we are going lower, never under 1p unless catastrophe happens, but like COPL can hit 1p range and stay there until good news puts IOG back e.g Higher winter production rates and revenue which is stated multiple times in RNS.

50/50, but I am positive no matter what happens IOG come September 2023 -December 2023 high chance this share could be back to 10+.