Member Info for scoopusave

Sounds like the same old stories where Bush is desperate to attract new investors. All this land they bought in Canada had been worked and worked again until it became unviable so even with new tech/sidetracks you are never going to get the oil flow to move the company on to bigger things. They will stutter on to maybe 1500 or so barrels per day and any thing else will be pie in the sky going no where! Be warned investors use your heads to see this lot for what they are!!!

Raising funds to carry out operations within the company because basically the company has not got any funds to do is of no surprise - reduce some of the directors wages, that will release some cash. By changing directors all the time to gain confidence with investors does not fool people either. This company is only a cash cow for directors wages - investors don't be fooled by this clap trap! - this company is going now where and has been like that for years!

400 barrels a day production - 1000 barrels a day by the end of next year. Sounds like Northern Pet all over again! Bush did not sound very convincing and used the same numbers he used when CEO of Northern Pet - pull the other one keith - we have heard it all before! They get away with this because they are listed on AIM - any where else they would get their backsides kicked!

I was stung a while ago by this lot and the only return on any investment will be in the form of wages to these over paid greedy directors who cannot justify their jobs. People are not daft if they think by changing the company name will make any difference. The CEO can stand up and give as many of his speaches as he likes but it will make no difference as we all know what they are - a bunch of con artists!!!! The have no track record to shout about and spent years trying the blame directors before them - be warned!!!!!!!!!!!!!!!!!!!!!

Gentlemen I was a long suffering NOP share holder going back to 2004. I sold my holding in 2015 at a loss of £73k because I was sick of being given miss-leading information, being lied to by directors after replys by e-mail and it was just one thing after the other. The only thing these directors are interested in is lining their own pockests at the expense of the share holders - be warned and get out before you loose too much money!!!!!!!!!!!!!!!!!!!!!!!!!!! Unfortunately this is one of those company's on AIM who bleed their share holders try!

Come on let us see a counterbid from Apple. £17 per share is too cheap for a company which leads the market and is going places!

Should be breaking through £10 soon - and then heading north I hope. Any thoughts out there ?

Pensioner 167 Well done - very well explained! You sound as though you have your finger well and truly on the button!!

I would like to know what planet this lot are on? Target price £6.50 - Goldman Sachs £15 - the difference just doesn't add up. It didn't take them long to come out with a load of negativity when referring to end of year figures and even picked holes in some of the words used by CEO when being interviewed on Bloomberg. They seem to have a real downer on Arm full stop!!

I Tech come out with a **** report and Arm gets hammered down 6% - yet I Tech are only down less than 2% - that's justice for you. Proof will be in the pudding tomorrow - I hope!!

Am I being unrealistic to think that Arm could be at £15-£17 some time in 2016 - any thoughts out there?

Yes had an e-mail from KB just recently and without being specific he said that they were working on several things and hoped to have some news before the end of the year.

Do I note people getting over excited about the SP!!! - lol

" Discussion with Derek Musgrove" - the man has a cheek to show his face after his " none performance " with NOP

I agree!!

Statement of the day by BG - "CEOs aren't particularly clever people" - what a load of claptrap!!! - end of conversation.

" These guys aren't actually any more clever than us "......that's a bold statement from a non investor showing lack of class. Maybe you would like to enlighten us with your qualifications and background so that we can compare with the NOP Board members lol

Last media release - sounded as though the board at NOP had their finger on the button!!!!

Why don't you e-mail KB CEO and ask him the same question. He will answer and then you can let us all know. The plan has changed due to the low oil price but the information has been well documented both on the NOP web site and on this notice board.

The only time I have read about Keith Bush using the word " phenomenal " is when one of the new wells tested came out with figures of 2000 bopd over a short testing period. He then went on to say that this would be cut back to protect the life expectancy of the well, so I don't know where you are getting your info from.