Member Info for shamI89

Well I wanted to say "muppet" but nonetheless it did tye trick and here you are.You are sort of person these twitterati love.

Oh I forgot this "take-over bid" was prepared in his "office".Looks like his office is as real as this 14p takeover bid.

Did he have an office?

Think they got too greedy and resorted to fake bid otherwise this "p&d"was going perfectly fine.I do think most of mug punters got lured in through telegram and twitter crew and thought they have found a "gem".Why should someone not buy this at 4 when BOD rejected an "14 p" offer deeming it too low for their part ownership in technical report which is worth £10k as per last results.

Having said that looks like twitterati have moved on to next big thing after this "p&d". Meanwhile we are getting some nice round number sells ......

Officemanager is still "topping up" so.......

Most of time these "shorters" and "derampers" dont exist.Looks like mug punters have been fleeced here.Herd has moved on to next big thing and.....

Not worried, I am amazed at stupidity of some investors.However speculation can only drive shareprice to certain extent.Musical chair has to stop at some point.....Eurasia mining had some real assets and mug punters thought that asset which was bought for 10 millions would be sold for over a billion.Took a lot of abuse there and most of them are nursing a heavy loss there.

Aim, company has part ownership in a technical report, it does not own the asset, has been surviving on placings, its total assets are worth 109k and does not even have money to drill exploration well and mug punters are going crazy over rejecting 14 p offer.Aim at its best.

Lol officemanager knows everything about this company,however his research is based on"hopes" and "potential". As things stand there is no offer and company does not have any asset.Not only that people who took part in placing and had millions of warrants have dumped them on mug punters.But only mug punters know "potential".

So it is at stage one and some mug pubters are hoping that somehow they will find 10s of millions to fund drilling , not only that they will prove them resources and will find money to fund appraisal wells and then there will be a takeover bid.You have got to love aim sometimes too many ifs and buts.I dont see a "potential"

Let me break it down for you in case you dont know it.First they need to identify targets which contain hydrocarbons then have to prove them up tgrough exploration, then submit fid plan and then drill appraisal well.All of these things should cost hundreds of millions and this company is not even at first stage.

It does not own the asset and I have gone through official website and updates.All it owns is part partnership in technical report.So someone has to be mad to offer 143 millions for a part ownership in technical report and BOD has to be even more stupid to reject it.

Why would you put 53 million on a company which has assets of £109k.A part ownership in technical report cant be worth 53 million?

But this company wouod need to pay drilling costs, where is that money going to come from?However why would someone pay 140 millions for a part ownership in technical report?

I still think these are worthless, none of these companies has money to fund drilling, secondly north sea is heavily taxed due to which many companies have exited and you can find loads of producing assets up for sale.But my point being why did company only mentioned part ownership of technical report and not percentage ownership in Sarawak?

On company's website only three projects has been mentioned, company has stakes in two projects in UK which are worthless due to fracking/drilling ban in UK.But only mentions ownership of technical report and no percentage ownership is mentioned.

Hahaha and ITS got suspended and it aint coming back.So who was right about it?

That "asset" is worth £10k as per last financial report.A bit too low for its "potential".

Going through last financial report total worth of company's assets was £109k and that included cash balance as well.Yes a whooping £109k and someone was willing to pay 140 millions for these assets which BOD thought was too low.Sometimes you have got to love mug punters.