Member Info for SelfishMcNimby

Serif, exactly. Those in for the drill result should be unmoved. Research suggests there's a very good chance of a successful outcome to the drill, and the share price will rise accordingly. Those who wanted to trade before the results should accept the price may drop after they've invested, and have no-one to blame but themselves for that investment decision if they can't get out when they want, at the price they want.

The operator dictates the wording of the RNS. You know that CCF. I3E are operator, and they used the term 'plugged and abandoned', which you know is also normal practice.

Yanis, it's an appraisal well. There's a clue in the title.
You really are too nervous to be invested in AIM. Balls of jelly.

https://www.msn.com/en-gb/news/world/just-stop-oil-sorry-for-leaving-plastic-rubbish-near-protest-site-on-farm/ar-AA125FNp?ocid=msedgntp&cvid=bff83aa6db3a412b98947b9b1c1e71bf

Serif, when the first tranche (2.66 million) vested, the average required value over a 30 day period, had not been attained, so I believe they were lost.

This is the RNS Serif, dated 4th August 2020. I think you may have misunderstood it.

'The Share Options, which have an exercise price of 1.23 pence per Ordinary Share, vest in three equal tranches after each of 12, 24 and 36 months and are valid until 4 August 2026. Exercise of the Share Options is conditional on the closing average mid-market price of an Ordinary Share exceeding the exercise price by two times for 30 consecutive trading days.

The details of the Share Options to be granted are set out below:

Option Holder No of Options Issued
Simon Oddie 8,000,000'

To be honest Serif, he's not likely to sell them while he's CEO, so it doesn't matter what potential profit he has. If he DOES sell them, then I will be worried.

Perhaps because you have posters on here continually rubbishing the BoD?

Which broker are you referring to, draft?

'I believe that in all likelihood people selling now are mainly PI’s who got their shares at the last placing.'

Yanis, it's a normal requirement, when taking placing shares, for investors to have to put in at least £25k. Most sell within days for a few percent profit. I'd be very surprised if any private investors still have placing shares.

Yanis, firstly I don't know how many times I've seen TR-1s either late or not bothered with at all, so the selling could well be from BGF. Did they buy for the drill? They bought before Serenity. They work to investment strategies well above our pay grade, so to suggest any selling is significant to us, is, quite frankly, irrelevant.

More importantly, the tweet goes on:

'A key near-term catalyst, the drilling of the appraisal well represents an exceptional opportunity to deliver significant value to our shareholders.'

"The appraisal well we are expecting to derisk nearly 200 million barrels of oil in place"

'Expect' sounds more than 50/50 to me.

Heidelberg, couldn't you find that 6p?
Selfish by nature? You know nothing about me. In what way am I selfish? I give generously to WaterAid, and other charities in emergencies. Do you need a few bob? I'll happily lend you something if you need it. Pay me back when you can, no hurry.

Good for you Tacuma. You make a stand. We can't have any of that silly positive stuff posted here, even if it is true.

Did you dream that 6p, Heidelberg? I can't remember anyone saying it. Surely you're not making stuff up so you have something to moan about?

I believe the original Corrib well was actually in what is now the Inishkea licence area, so I believe a new well would be appraisal, not exploration.

Is that your twitter page, Yanis?

A couple of miles to go now.

The coordinates are as before, so not moved yet, but they do seem to be closing ranks.