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I wouldn’t worry. He is probably using creative methods to release the good news when out of suspension.
Great presentation, 4 mill cash flow a month is so nice. That’s almost half our Market Cap over one year. Crazy. Lots of drilling to look forward too next year in addition to the M&A business that hopefully will be completed.
I wouldn’t worry. He is probably using creative methods to release the good news when out of suspension.
Great presentation, 4 mill cash flow a month is so nice. That’s almost half our Market Cap over one year. Crazy. Lots of drilling to look forward too next year in addition to the M&A business that hopefully will be completed.
The thing I don’t get is why is it 15mill every time. It makes it obvious. Why not 14 mil or 16 mil to mix things up?
Maybe BP’s assets will be split between 2 or more smaller companies. The waiting is killing me now :)
Think this is it, also in work so can't check.
https://total-market-solutions.com/2018/10/15/malcy-talks-oil-gas-part-v/
Yeh, he clearly didn't have a clue about the size of our assets (ohh err)
Loved it when Malcy said "I have seen the oil and it looked pretty good to me". There was no comeback to that.
That TW knows how to run a business!
“Ironically, since TW took over the restaurant it has achieved the accolade of a one star hygiene rating by Camden council, with food hygiene and safety rated as “poor”, structural compliance “poor” and confidence in management “little”.
I know Malcy is like marmite but this comment he made deserves posting imo
“I saw the oil coming out and it looked pretty good to me”
I can’t be bothered arguing with you, you are starting to sound like vinny.
Business is business, you are correct. But you don’t get to the top by shitting on everyone in your path, you still need to handle yourself in a professional manner. It ain’t a playground. I invested (just like you) when there were no majors in site so as long as the flow rates are good I will stay invested whether there are majors or not. Sure it will take time but I am in no rush.
I disagree, I am sure the majors would afford us good grace to release the flow rates first before they walked, if they choose to. That alone would get the shorters off our back and those arseholes closing would take the SP to 0.8. Then if the majors left we would probably be back to 0.4.
You might see it that way but I don’t. I have said this before and I’ll say it again, given the information we have been told we don’t need either of the majors to progress the company. The wells are self funded after 8 months and if you do the math we could have a lot of wells up in the space of 5 years. Now don’t get me wrong things would go a lot faster with the majors and if the majors walked the SP would tank for a while but it is not the deal breaker you are suggesting it is.
And the geological and political risk Argument I have heard all before but that is the same for every single investment that exists and for me is just more scare mongering again.
Assuming we haven’t been lied to I really don’t see how this is anywhere near high risk. We have money to pay YA and if we loose that battle we pay in shares. On current rates alone we would have money to pay outlander in 2020. We know the oil is there and we are getting it out of the ground. Yes we don’t have final flow rates which is somewhat annoying but they will come.
My advice to any new investors would be to ignore the shit on here, go read the RNS and listen to the recent presentation and make your own mind up.
Zaza told us in the presentation that 2(or was it 3) more train loads of oil have left frr. So yes we do know oil is being produced and yes we do know there is cash flow. He also told us that we have enough money to pay for operations and to pay off YA again proving there is oil.The only way this is not the case is if you believe zaza is the biggest liar in the world which would be personal suicide. It really would make no sense fo him to do this. These are FACTS which I choose to believe in which is why I am invested.
Yes star. That is my sentiment exactly. I don’t like shorting but some of the smart people seem to think it is needed in a market. What I hate is the shit talking that comes with it for personal gain. Not all shorters feel the need to spam forums with shit to scare new traders into selling. Frr is one of the worst boards for it unfortunately :(
I suggest you listen to the presentation from last week. There is more than enough information in there to give you what you need.
Because they are probably seen as small annoying children to zaza and co. And it won’t be long until they get a smack.
He has grown the business massively this year doubling our production. The balance sheet is unmatched in companies of similar size and the drill bit operations have outrageous success percentages. This means he could talk about the year to date, obviously not what people want to hear though. I would also love an RNS next week but happy to wait as this deal could really take the business to the next level.
Yeh, hopefully we be 500m+ market cap by then so it doesn’t really matter. The horsemen of the apocalypse just stirring up shit again. Shorters I can tolerate but those that go out of there way to try and destroy a company with lies and deceit need a good slap in the face.
Well spotted star. My actual prediction is 1.2p. The £10.50 prediction was a joke I made at some point...can’t remember why.