Member Info for Rabidfly

to square one prior to yesterdays somewhat vague RNS. uncertainty, lack of trust in D S. Whens the raise coming?

Vanji. Ah yes the holy grail to make us all feel warm and comfortable. This will not materialise. AAOG is a poorly run company that has delivered nothing to date with a vast capital expenditure, shortly to be significantly diluted. rose coloured specs need taking off this spoof company. Look at the cash burn!

Let the game play out.

3% up, if it holds. Far too much uncertainty with this stock and Sefton's utterances re funding do not assist. Expect this to fall back over coming days.

Says to complete the well, sefton will raise soon, regardless of SP, it is clear they have exhausted funds they have said as much in that update in black and white. Whether the result of the 2nd horizon comes first will be a close call. I have an uneasy feeling about the competence of the rig and the BoD for that matter. Lets see.

rise? will it hold. Re read the RNS and I can not find any reference to the meeting Sefton had with the Govt. last Friday re the license. I wonder how that went. Perhaps someone could ask at the meeting?

from sefton ' have worked tirelessly to repair and overhaul the SMP rig that has disappointed to date. In many cases they have stepped in to solve problems that should have been addressed by SMP's personnel. The need to do this has led to slower progress than originally scheduled,'
Sounds like this rig is falling apart.

Which ever way you look at this almost 50 days of drilling and sod all news of first horizon really is pish poor. Sefton never mentioned a shut down over last weekend on the contrary the emails and texts stated slowed due to heavy rain. Think there will be an rns Monday but with this mob you wouldn't know. Look at little BLOE for a company keeping investors informed and making progress. 17 days of the year left no chance the drill will be completed on time at this snail pace.

Good effort, loss of £30 odd quid. To answer your question try doing some research. News likely on work overs with perforation tool, possible next week.

Put your head above the parapet and inform your shareholders what is happening. Approaching 50 days of the drill and no update on first horizon of 1250 metres. This beggars belief!

Yes this is becoming very tiresome. An update of some description will have to be forthcoming as this is total none sense . We have been 47 days drilling and hovering over r1 got about a week. Sefton does if inspire any confidence whatsoever . I too wonder if this is all timed to coincide with Monday’s meeting.

like a giveaway, the percentage for the shares and 90k is a steal, and UKOG holders know they have a steal. Solo seem like a headless chicken at the moment. UKOG up and Solo down on that RNS imo.

days of this drill and not at 1250 metres? truly astonishing. Never mind completed by year end , at this rate it will be February. Sefton hasn't got a Scooby what he is doing.

Agree, this is turning into a comedy farce. Sefton is changing deadlines daily and his past track record does not bode well with delays. It has to be the slowest drill ever. what they doing about 40 metres a day or less. You really would not know what was coming next.

another shocker of a day for Mrs. Need some answers to previous issues raised.

peppered into close, see if it holds tomorrow. Constant red days are troubling and see no real reversal

usually around this time someone posts an email from sefton explaining the current drill progress, perhaps a herd of rhinos have trampled across the waterlogged site. Traders selling last half hour not wishing the risk of bad news, I am sure they are none the wiser than the rest of us. Time for sefton to deliver the goods - he has built up the expectation and timelines.

reliant on the cluster f that is AEX, suffering as a consequence and have to have I wouldn't like to rely on any of their timescales. looks likely to go much lower.

Thought is was ludicrous for Sefton to say a RNS on Monday before the first target had even been encountered. It is this cavalier approach to leads to disappointment. he would be better advised to keep his powder dry until the zone had been reached and evaluated. Hope there is a RNS Monday or can see a wobble.

should have given a better current and forward looking statement, ie current cash balance as of 31 Nov is ??, x amount of contracts awarded and vying for x amount etc etc. Communication in general is very poor. Like the look of the company but need following sorting:
1. Debt burden
2. Sellers clarity
3. Zorbas
4. communication to improve
5. Is a pacing forthcoming
6. Nomad
Zorbas is an issue as many wont invest with him connected to the Co. Also they seem to be a almost maximum capacity during a strong cycle in the industry so the coming year is pivotal.
As an aside I often wondered why their major clients, such as Glencore, have not been approached or showed interest in taking a position I what is an intrinsic part of their business model in Australia.