The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I haven't seen 'Wolf of the Woodz' on here for ages or on twitter. ..anyone spoken to him?
He was another one who was very UNimpressed with our bod''s majestic performance ...
El Al
Sorry but all the kind of positive technical evidence they quote for Saltfleetby was also trotted out ad nauseum for Brockham -"Brockham has produced extensively before""hydrocarbon deposits are deeper at Brockham than at Horse Hill"...
And YL has a good point-why would Saltfeedy''s current owners give it away for £1?-maybe most of its reserves are exhausted. It concerns me because the last time a firm sold one of its businesses for £1 was when Philips Green sold BHS for a quid to a dodgy asset stripper...
Will 1734
Why don't you get lost?-you may not care,because you're a day trader who speculates and wins some,loses some.
Long term investors havent lost our because they've taken a random risk,with no research or statements from.the company.
This has been a systematic scam,from.the days of PV,estimates of oil flow were wildly inflated well.above historic production rates,which is a deliberate deception.
At the very least,there is negligent misrepresentation of the facts. To state in an rns on February 4th that the board are certain of the maturity,commerciality and viability of Brockham-and claim empirical evidence for this-and they totally contradict their own rns on a June 28th WITHOUT even testing the flow rates.Someone was either recklessly negligent,or was lying, or a mixture of the two.
Either way,this is NOT OVER...no way are LTHs going to be scammed in this way.
Chas
It won't take years.Our lawyers will stroke whilst the iron is hot..they're moving very fast on this.
Willie Coyote
"Take the hit and move on".Really?-are you joking?-many of us can't move on because we've suffered a 90%+ loss-and some investors have lost £160k.
This isn't a random risk like playing the lottery or the roulette wheel-this was a company claiming it was an oil producer,and making emphatic statements about the presence of,maturity of, and commerciality of,oil assets.These were utterly misleading and deceitful.At the very least,the company has been wilfully negligent.
Not really-we could liquidate the stock.It's only an idea.
Even as I speak,this has already started in earnest,and our solicitors have written to our shareholders and sent a questionnaire asking for details.
This is happening soon-so don't miss your chance to get your hard earned cash back.....get on board asap. ..
email keither197@gmail.com
It would be fairly easy for the directors to compensate the 50++(so far),group of Angus investors wanting recompense for 80 to 95% losses caused by their litany of misleading statements.
Instead of using cash to buy options,they could award us extra shares to covet each individual loss.
Either way,the only way any LTH will get any of their principal back is to join our group action.It doesn't even need to affect the future of the company,as we can claim against individual directors, and the nomad.
Email keither197@gmail.com
Head in the sand
Yes!-there is something LTHs can do!-they can Join our action foe which copious third party funding and crowd funding are available,-investors dont pay a penny.A questionnaire to member's of our action group has already been sent out-to quantify total losses,and more investors Jpin every day.
There has been a litany of misrepresentation and negligence here,-anyone here who lost significantly on Lidsey?
Join us.If you bought at 7,8 or 10p or 15p or in the 20s,it is the ONLY chance you have of recouping your losses.
Email keither197@gmail.com
Well,down 90% since January after a succession of misleading/inaccurate rns assertions. ..ie "Brockham has the same maturity as Horse Hill" "just as commercial,richer deposits of oil"
No chance of recovering your hard earned money simply by waiting ...Balcombe will have a modest impact. .mbut by the time of Saltfleetby and Balcombe in 12 month ls time..you can be 100% certain that a succession of placings will have diluted the share price to oblivion. .so even very good news won't move it above 6p.
We now have over 50 investors-a number with very large holdings-and a leading lawyer on the case.
As welp as third party funding,we also have crowd funding to support us.
To join our action and recover your unwarranted losses
email keither197@gmail.com
Captain Stanley
Very funny I'm sure.My view that the company was undervalued before were based on the statements which I believed to be true that the oil levels at Brockham were richer and the oil equally as mature as at HH.This was repeatedly stated.So if you want to criticise anyone''s analysis, criticise the BOD''s analysis!
Say what you want about me because I couldn't give a rats arsee, but if you think I am going to accept this then YOU are delusional.I will accept this over my dead body.
There have been successful AIM claims before such as Quindell,and this WILL be another one I can assure you.We wouldn't have top counsel willing to work on it if it was a no-hoper.
Investors deserve and WILL get recompense for the losses caused to them by the negligence,false and misleading statements, and downright lies told to them.
Ffs man....he did it last summer....what more evidence do you need?-and we certainly infer from the data that was insider trading.
Charlie London
I think- from the advice given by both a specialist financial cOundle and partner in a firm of city solicitors-it will be easier this time.
For a start,certain personage's with an infamous family history won't want everything dredging through an open court and therefore splashed over the front pages of the tabloids-and likely some of the broadsheets too.The sheer volume of evidence we have,which will be augmented at the Derby AIM oil investor conference of August 4th,means it's virtually inevitable they will seek an out of court settlement.
The third party funding covers costs,whether victorious or not.
Others may be prepares to sit by indifferently as their money is stolen through what is basically a confidence trick,bit we aren't!
Don't listen to the naysayers-they haven't lost anything and just want to trade to make a quick buck.
If you've lost £20 or 30 or 50,000 or even £100,000-or any amount-please join us.
Ignore the trolls on here.They don't know better than an experienced barrister who is an expert on the financial services industry.
Get in touch and I will put you in touch with him.
keither197@gmail.com
Scallywag
I wasn't "ramping the hell out of Angus"-I genuinely and maybe naively believed the statements of the BOD to be true. ..ie what JTP said:-"Brockham flows well" and the repeated rns' that empirically claimed the oil at Brockham had identical maturity to HH,and would be even richer.
Maybe I was a fool for believing the official statements of oil professionals.At the very least it was negligent,but definitely misleading.
I say it as a see it..I neither ramp nor deramp.
LTHS know there isn't a cat in hell''s chance of retrieving their investment if they bought at 8p,20p,12p,15p or more....
They have nothing to lose, and everything to gain in joining this action,which will be settled out of court in just a matter of a few months.
For details of the legal opinion and solicitor who is handling our case,
keither197@gmail.com
Nope...people keep repeating the same #fake news.....Angus have enough cash (£5 million,more with Brockham sale) to recompense investors, and it will happen out of court.
Also if individual's are pursued,this will gave no impact on whatsoever on the survival of the company.
Because JTP made money by shorting it at the same time!
Sage man
Not a particularly sage comment.Anyone who thinks this will climb back up to 8p or 10p is delusional. ..no oil production until 2020,by which time multiple placings will have diluted the share price even more.That's a fact.
As I keep repeating,individual investors pay NOTHING as third party funding is being provided.
Investors have been royally screwed over here,and without even affecting the company,individual directors can be made to recompense investors.
Stop spreading the delusional myth that Angus has no money!!!-it's utter nonsense .. £2.5 million in from sale of an asset,and more when Brockham is sold.
We have the opinion of a barrister who is a financial expert,and the partner in a firm of city solicitors that this is a viable case.In any event,in 95% of cases,there is an out of court settlement (with no disclosure &no liability clauses obviously).
Don't be a doormat and let your money be stolen through lies and false promises.
keither197@gmail.com
Long term holders from 2017 or 2018 who bought at 7p,10p,15p or in the 20s have absolutely NO prospect of seeing their money again,now that the share price has crashed by 90% since the new year.
If bought at 4,the share price needs to ruse by 155% for you to recover your investment.
If you bought at 5p, the share price needs to rise by 218% for you to recover your investment.
If you bought at 8p...share price needs to rise by 409% to get it back
If you bought at 10p..it's 537%...
Realistically,it may reach 4p....if it's hyped up exceptionally well...but more likely with no oil production this year it will go sub 1p.Even with all the massive director buys,it didn't even reach 2p.
This is because the fundamentals are so wretched-Balcombe will apparently now only deliver 300 bopd not 1500;Saltfleetby won't be for over a year.
This isn't just "bad luck" or the random luck of the game,it's an orchestrated confidence trick, a scam, to vastly inflate oil likely production figures from Lidsey and Brockham..like Vonk saying Lidsey would produce 400 to 1500 bopd. ....inflated well above Lidsey historic production figures,and then it only managed 40 bopd. Brockham was hyped as a "star asset",of the "same maturity" as HH....as late as February ....after core tests & extensive work I'm the wrll..then on June 28th all of a sudden the BOD contradict themselves and say its "not mature".
Long term holders you have been ROBBED here of hundreds of thousands and in some cases millions of pounds.
I've already spoken to a top financial barrister and litigation solicitor who will take our case and are
sending out questionnaires to everyone in our activist group.JOIN US!-it's your only chance of recovering money defrauded out of you on false premises.
keither197@gmail.com
Eurofil
Very droll,but Lovejoy and I aren't the same person I can assure you.
I'm still a holder here,so I was happy to see the share price for once turning blue-and if it continued back up to 8p or 10p or whatever,I would open the champagne .
However,let's keep things in perspective: these rises were fantastic for day traders,but for the majority of investors who bought at 4 or 6 or 8p or more,it's insignificant. We're still less than half the value we were at 4p pre-brockham-and the majority of us were in the red at that price!
So it excited me to see this rise, but it needs to go up 300% or 400% and more for most of us even to sell at a negligible loss.
Sentiment has turned on the buys by directors and a conscious effort to push the share price up. The fundamentals are appalling-no production until 2020 and inevitably more dilutive placings in the new year.