Member Info for Shakeyourmoney

This share looks even more dodgy by the minute, the e-mail information has been removed..warning lights & bells spring to mind..

2 trades totalling £18..there must be thousands of £££'s going through primary bids as we speak..

& a lot of shares to place on a wildcat discovered on 'low quaity 3D'..they are due some good luck on the drill front but the mismanagement has been horrendous here..wages, costs & all other expenditure are still way out of line..many die hard investors such as Da_Gee et al won't commit money until a drill date is announced & I get a horrible feeling the placing funds will be used as 'carry money' whilst the so called management continue searching for a farmee to share drill costs & as IRGS has said, he likes to 'offload costs' onto other operators..of course I could be proved wrong, the primarybid.com venture may well turn out to be a roaring success & investors could be kicking the doors down right now to get their bids in before the due deadline & IRGS may well chuck half a million quid in the mix to help the job on it's way..

were freebies when they were dishing shares out willy nilly to Darwin on the strength of PUKA 3..now they must face up to the fact that their tenure is coming to a close, unless of course the resson it"s quiet on here is due to all the action on primary bids.com..

Don't leave it till after the AGM as your shares will drop back heavily again..

intelligent responses only from the real long term crew Da_Gee, tippity top & the onion etc..would a directors buy help? Will KEA get exposure from primary bids, shareprophets have acknowledged the presence & given a thumbs up..or will.posts get removed & everything go static till AGM time?..

the company is broke with no revenue..I wish the rampers would change the record & face up to the inevitable, no company has ever raised 3 times it's market cap on unproven assets on an equity raise factoid..oil has been found but too many wrong decisions & heavy expenditure have hampered the go forwards initiatives of KEA petroleum..300m shares will never be sold by the 7th of May & the business will crash & burn.. Crushingly horrific, expensive & disappointing scenario will ensue..

has more value than this current proposal from IRGS & his trigger happy spending habits..this share is the black hole of AIM & the sooner it's gone the better..the whole idea of primary bids just smacks of desperation, are MEO interested at all, no because they got stung last time & are still smarting from that expense..these are questions you need to ask when looking at KEA & how badly IRGS has managed the company, even after FINDING OIL WHEN OIL WAS OVER $110 A BARREL he has took the single handed brilliance of bringing KEA to it's knees by not cutting costs properly & early enough, this coupled with sloppy workmanship has been the downfall of this company..

have you been keeping an eye on PUKA2 from your back garden lately? They have suspended production & plugged the well, also at PUKA1..now if they raise money from the primebid/darwin effort do you think that cash will be used for drilling or wages & expenses? Please wake up to what is happening here, the show is over..it takes 6 months for IRGS & the gang to organise a rig & get things moving..KEA has 3 offices & 7 directors on wages presently add expenses, travel vehicles, staff etc etc & god knows what else, so currently they run at £250k/£300k per calender month overheads..300,000,000m new shares @ circa 1p who is buying & or who is going to buy them all with the companies track record..of course people will take a punt but not when IRGS has publicly announced that the company will be sold off without the funds & little or no shareholder value in a 'FIRESALE'..anyone with any sense will get out now while there is still chance..yes it's a loss but your first loss is your last loss in this scenario..

on primarybids.com as there was only 7 trades on here with a £750 sell being the pick of the bunch..not long till the 7th May i'm going all in with every penny I make on the 'Big Issue' this coming week..lets hope we won't need 'Big Tissues' all over again..

Making a small profit & food product in demand..whats not too like at these prices? Woeth remembering this was trading at 8p+ before the £6m writedown in 2013 accounts..this plus the cash due to land makes for a strong small company with good chance of a 3 bagger as the freefloat is miniscule..

here on the money transfer from China..

IRGS will be left with a headache having to fold the company & sort all the mess out, whilst holding his head in shame for all the PI's who have lost fortunes here..then he can go back to Australia with his tail between his legs never to grace these shores again..

All the 300m shares by the 7th May..that is the question folks..

Haha it would seem so, fresh money to pay the wages, westminster offices, round the world flights & nice pension arrangements..as Da_Gee rightly says not a penny until a rig date is secured..£3m doesn't last long with big spende, fat wallet IRGS at the helm..spirit crushingly horrific, expensive & disapointing scenario will be the order of the day..

Could sell the company for £8m..thats a big if btw, then after paying debts & costs etc there should be circa £5m left to pay shareholders..that would be a 5 bagger at todays prices..most investors left now i'm guessing, would be happy with this considering what's happened of late..the only bug bear is if the claim/lawsuit outstanding & of course another dose of dilution in the meantime..can IRGS save the day with a last minute reprieve? Or will it be another, more spirit crushingly horrific, expensive & dissapointing scenario..

take a wild guess..

Any news any news..

Under the Agreement, MEO will earn a 30% interest in the Permit in return for funding NZ$4m (80%) of a NZ$5m first phase work program ("Phase 1"). Phase 1 is intended to boost existing production and assist future field appraisal and involves a workover of the existing two Puka wells and drilling of a new well (Puka-3) from the existing pad with the objective of further increasing production and appraising the prognosed primary channel sand identified on the recent 3D seismic survey. Phase 1 also involves further testing of the suspended Douglas-1 well. The testing program will be designed to definitively test the Tikorangi Limestone and to confirm log pay in the northern extension of the Puka field at the lower Mount Messenger level. Phase 1 is intended to commence by the end of June 2014. Upon assessment of the results of Phase 1, MEO can elect within 6 months to earn an additional 20% participating interest in the Permit by funding NZ$7.5m of a NZ$9m second phase work program ("Phase 2"). Phase 2 is intended to further appraise and commercialise Puka by developing a new surface location from which the central portion of the field can be accessed. Further wells, potentially including horizontal wells, are planned to be drilled and tested from this location to assist with field appraisal, reserves certification and design of a full field development plan. Upon completion of Phase 2, which will also involve the establishment of permanent production facilities, MEO will have earned a 50% interest in the Permit.

Annoyingly phase 2 was costed with 2drills for $7.5m last year in the contract with MEO..why they didn't go it alone, must be the most frustrating to Da_Gee & the other die hard KEA faithfuls..we were told full field development was key to the KEA venture blah blah blah..now there is nothing much left due to IRGS's terrible management & even worse decision making..they could have salvaged something & made this a company if cost cutting measures had been exercised properly & an open offer made to raise cash to pursue..