Member Info for RoJo

Yes guys, but the SP is falling through the floor !

Oh dear! Where is everyone hiding?

At least we can look forward to prosciutto's clarification tomorrow

Yes, no surprise that we've opened down.

There wasn't any logic to Friday's strong close.

Latvia is not very big is it?

About the size of a football pitch.

There was protection in 2008, but it was improved and raised to £85K (100K euros) in 2017.

Who lost bank savings in 2008 ?

Are you talking about savers with more than £85K in an account and thus not protected by the FSCS ?

Jollyboy - I think it not unreasonable to include Aminex as one of a portfolio of 20 O&G Exploration stocks.

Just as long as you realise that it has (on average) a one in twenty (5%) chance of coming good, and that you'll have nineteen losers.

Huge potential ? How many times have I seen that claimed ? Even if true, Aminex has consistently failed to monetise the potential.

Yes, all investments carry risk, but managing risk is key, hence the need for a diversified portfolio. Bank savings are very low risk, O&G exploration much higher risk.

Erratum, post 10.07

...one OR two will come good (not one of two)

...yes gaslady, but this was stated in the July RNS.

Do you think the Attorney General may have mislaid the document ?

Argus - I completely agree that a diversified portfolio is essential, particularly so if one is focusing on O&G Exploration stocks. I agree also that the strategy must be to invest in many O&G Companies (10? 20?) in the hope that one of two will come good.

However we are discussing Aminex, and this is somewhat different as it has (we think) found gas, but is unable for a variety of reasons to extract and sell it. Statements from the BoD are generally optimistic but nothing ever happens. The next RNS will offer explanations for inactivity, postponement and delay followed by some optimistic timeline or other.

It has of course made many penniless already!

Well I'm not sure Argus.

How many years has it been trading at a loss?

It only still exists because of it's relationship with ARA.

This share is not exactly behaving as if it's about to take off and make everyone rich is it ?

Any gas I emit is of the purest, cleanest, sweet-smelling type.

We can't say the same about your rancid scribblings can we ?.

...that's as may be Honest Tom, but more gas than Aminextyear is producing.

Baffled jollyboy ?!

It's Aminextyear (or the year after) you're talking about !

You should know by now !

...and Tanz, you're blaming me for your very poor investment decision many years ago.

I suggest you focus your attention on the share price. What did you pay back then ?

10p ?, 15p?, 20p ? More ?

You made a mistake - it's that simple.

Interpreting the 3D data requires someone with half a brain, and I don't think we have such a person.

My dear young jollyboydrewky.

There are three things that Aminextyear is good at :

1. Delays

2. Disappointments.

3. Being a very poor investment.

Looking forward to prosciutto's words of wisdom tomorrow...