Member Info for shamI89

I have seen people losing 350 k and that guy was really experienced as started investing when he was 18 and was 35 when he put it all in Tullow oil and then lost some and put it in Nmc last year which turned out to be a fraud.

Chin up mate, it has happened to all of us at some point.I lost my entire portfolio more than once in Wild cat drills but you that is how you learn.

Sorry but company has to prove that this model works and can produce oil at a sustainable level.Go through last years RNS and you will find out that there has been one thing after another to the point where Dr Trice was forced to resign.A lot of long termers sold because Dr Trice was main brain behind this model .In June company announced that new management would be analysing all of data and report would be published in First quarter of 2021, then we had 7z well shut in.In today's update 2C resources have been cut down to 10% of previous estimates and management has said that previous management has been over optimistic, production has been declining as well .That leads me to believe that this model is flawed and we will find out about it soon.My other judgement is that if this model was to work it had to have Dr Trice as it was his idea which he went on to prove , cutting him off it was not a good idea.

Wow, sir, why don't you give us valuable input on this to prove me wrong.I am not telling anybody to sell nor am I telling anybody to buy.As a shareholder you have to consider all of these scenarios to weigh out pros and cons before making any decision.

That casts serious doubts on current assets and if production is sustainable, if this production is not sustainable then these assets are worthless and that would leave no value for bondholders let alone any for shareholders.

Feel sorry for you Hasiba, think you are invested in Tullow and Premier too.I hope you make your money back.

Wow wow wow, there is a difference ,people who are trying to deliberately sucker other people in to get their 10/15% profits deserve to lose all of their money. You are in for a quick trade say so but dont bulsh&t and that is the whole point.

That means that people like Majorboy are selling their "golden tickets" while encouraging others to hold them for 4p.

He is full of sh@t, tried to ramp it to get his 10% and that has failed.Wait now as I am sure that he would sell his holding and move on to others.

Hahaha whatever.

Come on Majorboy, can you get this to 4p.

They took 10/15% hits and have moved on .Dont think anybody had a chance to make a profit today.

Hahaha , why are you getting frustrated? Do a runner as your mates did, sell your holding and go quiet.

Ramping it all morning and afternoon for 4/5 rally have sold and moved on with a 10/15% hit.Others are relying on end of session rally to get out.

Which could lead to a massive rally to "4p" first it was presentation at 2pm, then end of trading session rally and now it is day after massive drop rally.

But can we trust the data provided by Bod, if whole model is flawed ?

Looks like guys who were buying at 3/3.30 to sell at 5 have sold and are now waiting for 2p.

"Closing rally", where is it?

No, I don't think equity has any value .

"Hold for gold"........ people did from 60 and see where we are.Dr Trice was main brain, if he has given up or was forced to resign then rest assured that this model is flawed and offers nothing to investors/lenders .Bod would want to keep going to draw further salaries .