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Can't see it, shareholders want value not losses, this could be a bagger in the making it's low cap just what pi's thrive on, sperati new beginning soon, also remember placing OVER subscribed.

Picked this up off early morning rns the other day, think it's off most peoples radar but not for long I can see a big future here with the right investments, oil and gas companies with low market cap are all in favour at present, mxo, rose ect. This could be a multi bagger in making.

Be carefull with this share two main shareholders cant agree which way to take company, j know I had them for ages gave up in the end.

A few buys coming in wont be long before alot more, thus is going to be a typical shell situation involving oil and gss.

There is a link between finance director here and inspirit energy, and of course who is on the board at inspirit -daved leniglas, it gets more interesting, need to see rns re 1.66m shares bought today over 3% Who bought them ? Day 1 7am rns did lots of reading bought pm, before today never heard of spr, now . Reason buying 1.66m buy, low market cap very few shares about, I like companies with this situation, I am in metal tiger and they are starting to move.gla

When vane minerals took on oil and gas licences there sp didn't really re act but when the involvement with utah and a change of name to rose petroleim and up it went. the same could happen here one to watch, next step will be a director with o and g knowledge, take my thoughts this could be really good.

The rns this morning could be the prelude to greater things.

New rns in aussi, capital raising at.006aus dollar.

Rns re extention of suspention.

I have a nasty feeling if it is true about cost over runs, yet to be proved, that galp may try to take the 25% that tangier have, if this happens, we need a white knigght in the form of woodside, they will know all about this area or if they dont eve howell does, she formerly worked for woodside if my memory serves me. the original contract for this well was badly worked out they should have gone for full drilling costs carry for first well, not a financial figure, surely there must have been more than one company interested at the time.. so the next week is going to be very interesting. Gla I also stand by my comments re trident, someone should have got the storys straight, you dont know who to believe, if I was tangier and if they are to lose the block then they should ask for s royalty agreement if oil is produced from the block in years come.

The aim authorities must be absolutely sick and tired of tangier petroleum, they are so disorganised has there ever that has been suspended so many times., and as for those so called major investors that put the kibosh on jacka deal, I won't repeat what I would do with them. as for the future it can two ways, sell off morocan acreage to galp of who ever wants in, and then do a joint venture or two to steady the ship as a junior oil and gas exploration company. One final point as this drill didn't take the 60 days, then there should be money left, unless small print in the contract says otherwise.

I feel it rally strange that only a couple of us have picked up on the wording in the rns re trident , when they it was not favourable reservoir quality, many years ago a company announced that they had the same and then a couple of weeks latter they changed there prognosis due to core samples. all in All its a very poor way they have worded the drill outcome and should be asked for more detail.

I also posted this quote yesterday, what did they find at trident, if it wasn't some kind of hc then why didn't they say dry.

Re rns the wording , we did not encounter favourable quality at trident, if that is the case what did they find. And is that why the suspention for a few days to test what they found, anyone any feelings on wording used.

I have just got in from work, I find the wording strange as regards trident, they did not find oil or gas traces at the secondry area, but when it came to trident they didn't use the same wording, I think they found something at trident and it will be interesting to see what happens in the next few months when they analyse the samples , at 2.5p tangier is worth a punt as they have not drilled for 60 days and hopefully they will have cash left.

I can only old at present, looks as though big changes are on the way wonder how much they are raising ?. New director with track record, don't think 0.8p is on the agenda looks as though for once might have a nice surprise. even aim have granted extention.

No when I spoke to angel they said they where hoping to get it done by deafline otherwise its the aim authority. For an extention.

I had contemplated selling as I have already made 150% but I think in two weeks time this could easily go to 10p, low cap, not worried about placing, directors will pull out all the stops to give news to send this northward.

Made a call, rev take over still on alot of work going on re above, advised me to e mail directors no joy yet.

Last three trades rather large from the type of day we have had then rns at 17.40 um