Member Info for ranger104uk

News due?
hmm
When was the last time positive news pushed this share longer than 3 days?
Flat line lifestyle share.
Slava to the fallen.

Even for the most die-hard this week hasn't gone to plan.
A large chunk of the debt was turned into fairy dust (shares) and the angles trumpets sounded for the new coming.
aagh did he miss his connection?
Even I thought the SP would rise by 15% or more before falling back. How wrong I was, I'll hold my hand up.
But here we are Peep's, What is holding the SP back? It's had multiple tires removed from it's neck but it still plays pocket billiards.
The long term holders will be dreading the next RNS because historically any favorable RNS see's a couple of hours of rises before closing lower that the previous day.

Anyways no trip away this weekend.

ABZ you still +

Sad when a 4% rise is still less than 0.01 of a penny.

Turn "a change in direction when moving"

Well Done BadA you nailed it.

Enjoy the weekend everyone , off for a couple of days in Glasgow

That is a very short term view Mo18

Over the last few years this share has sunk or add a T same thing.

What they say they are producing they have been producing at a loss and still do.

They the focused on the debt repayments as being lead wellies and the reason they couldn't turn a penny and that is what was pulling the SP down.

In a stroke they have morphed some of the debt with the idea that it will free them from trading at a loss at the same time having to spend an unknown amount is the wonder of work overs to come up with a 40% increase in production.

Even opening a closed in well is a complete unknown as to what you may get when opening the tap. work overs are much the same but with a higher rate of producing more but not a given. so stating 40% increase is like eating greens for 2 weeks and saying your going to lose 10kg.

So what is going on? Ask ABZ he licks the green toad and says 40% for sure,

ABZ

Your attempt at humor failed to impress.

But Winnimandala's retort did make me chuckle.

Yesterday you wrote horlicks as on many many posts before.

Total and utter ****sh ( It's a scottish word meaning wee piddle)

You talk of less debt but you only talk about old debt not the stuff that's being run up on the here and now and the never never which will in turn have to be supported by the bond market.

Fly away Peter Fly away Paul come back peter come back paul just in the form of a new bond.

Holes in hands Holes in feet carries Echo down the street, at the same time the last lot of BH are selling on the temple steps.

0.19p nailed on by roman nails before the years out.

it's just a waiting game ABZ as my wife says my timing need to improve

ABZ

Don't be shocked but I think you maybe right on the point of the noteholders that didn't vote for the debt restructuring that may be the ones selling up at the moment. The 1st vote on the EUR20m only 6.2m of that 20 voted and of that only 76% voted for.
The 2nd vote only required enough to bring it up to 75% of all votes cast. So yes there will be a few that aren't happy. Voting against meant a quicker death. A very sizable number didn't vote.

It would be good to see a steady rise in production as we've not had a period of sustained growth Sept 21 figures 2,247 and 431 compared to Sept 22 of 2,232 and 380. Both better than Sept 20 with 2,790 and 246. As you can see and we know many reasons why these figures don't point to a trend of ever increasing numbers.

So a 40% increase in production when do Echo stop using the upgrades and enhancement works as view on there being reasons for not hitting the 40% mark or did they take that into account when saying a 40%?

Good to see their not asleep at the wheel. Never a dull moment.

OT

When in history has it been lower?

If they had accepted a lower price than 0.45p (which you would have to go back to early May to find) it would have driven the SP when the idea was released even lower. So a bit of a Catch 22 when your looking to get out ASAP.

This is not a hair cut This is getting something rather than nothing.

I'm pretty sure the new debt is already quickly mounting up as the cost of production and enhancements really start to rise.

Joe give it half an hour you'll save yourself a bit of cash.

And the big lads haven't haven't really got going their out buying shovels to move the shares out quicker.

Tombi

Selling on "good news lol" isn't that when your going to find suckers.. sorry buyers when you a wanting to off load. This isn't about hanging around for the perfect moment this is about offloading a shed load of shares in the short term. This isn't a trial separation or cooling off its about getting out. IMO before ABZ jumps on my words past or the here and now.

One thing I have gotten right ABZ is since my first interest which as when the SP was at 8p and I thought it was a must buy at 4p this stock has tanked as advised it would then (or when I was told how things really were and tried passing that on).

This is a Lifestyle Company period. ABZ keeps pushing his wonder date back from end of the week to end of the month 6 months to a year now 2 years. This share has gone one direction in the last few years and it isn't the direction that ABZ has been pushing.

Still not had a Gin. The fact that you can recite dates of my post shows you how much I get under your skin.
Slava

Done now lol

They want out of this sector not just this share.

That's a lot of shares to shift. Pity the blind or the suckers that bought in on yesterdays rise.
You tell him ABZ how much have you bought in the last 2 weeks?

ABZ

So?

It's just the start.......House of Cards or Rat's jumping ship.

No big deal is it ABZ?

Roll on Two.... lol

flood the markets

best get that in before the spelling muppets jump in.

UTI

Even after one of Echo's biggest moments the SP is touching cloth.

ABZ still loves to go on about my prediction of 0.19p well it's still closer to 0.19 than the new holy grail of 0.45p

Gin time is 4pm here so I'm almost an hour late.

An interesting couple of weeks ahead as these newly issued shares float the markets.

Slava

By this time next week this will be back to 0.25p

Many of the long term holders will have bailed out at a massive loss.
New to this share don't buy unripe bananas.

Suck it up guys because it's back down hill from here.

What these new shares get offloaded as quick as they can.

Get out on this high this will be the last chance for most

ABZ

The use of the wording work over is a little misleading. There has indeed been work carried out to enhance the production by ways of pigging and or chemical treatments to remove the paraffin and asphaltenes. basically removing the gunk that has built up in the pipelines over the years just like sweeping your chimney. It reduces restriction and increases the flow.
There is no requirement for a work over rig for this but it is very much a well enhancement but not down hole.

Not all restriction require the need for a work over rig.

Kind Regards
Another Halfwit

Here Here UTI

Why you happy Madeitup your share in the company is about to be halved.

Worthless to less than worthless.

Only ones happy are the BOD.

Dimwit