Member Info for Shedulike

Blimey the updated edition of Lord of the Flies must have gone downhill.

I'm seriously considering contacting an investigative journalist in the region to find out whats going on. In the case of UD-2 it would have been a hell of a lot cheaper than waiting for the company to own up.

Arch EUZ ramper Justin Waite is having another go today on Twitter. To be fair evidence from his last interview with LR suggests news is overdue.

Must be a cushy number working on the Frontera account at Yellow Jersey (should be renamed Rear of the Peloton PR). I must have emailed them half a dozen times in the last year and have had one reply which you could barely describe as a coherent sentence. Hilariously their home page background image currently shows a flock of sheep and they describe themselves as a 'crisis communications agency'.

Lubum - to be fair people have been saying things like that for the last ten months so to suggest people are wrong to be concerned at a drop on low volume is clutching at the strawiest of straws.

Codefred if only it was decimation (reducing by a tenth). I make it over 70% from the year high, you may be right though if today gets any worse it could be decimation on a daily basis!

.... it's settled one argument - Corporal Jones was wrong. Should have panicked about 6 months ago.

Who remembers Dustin's big buy back in March at 0.465? 'Massive buy signal' if I recall correctly, if I've learnt one thing here it's that the rampers are just as dangerous as the derampers, just for balance not trying to wind anyone up.

We hoped no news was good news with UD-2 and it wasn't so going on form I guess it's time to assume the brace position for T-45. As I've said before Zaza would be better off just fronting up to investors as we've seen before that paring bad news with the good seems to have a more detrimental affect on the good news side of the story than burying the bad. All but the most diehard believers don't like the shenanigans and if it is perceived as excessive manipulation of news flow then another notch down on trust. Just expressing my fears based on past evidence - no facts, hope to be completely wrong.

.... stuff this morning, maybe the beginning of the great turnaround?

Fair enough MK and you have every right to rebut the opinions of negative posters just think there's nothing wrong with a fair exchange of opinions. I wrote a bit of an epic on the various types of de-rampers and what I think the various motives are over on AST at the weekend so I won't bore everyone twice over!

Probably going to be accused of being a softie, not man enough for AIM and all the usual stuff that gets trotted out but I think a lot of people are just getting tired of this adventure. JP made a big mistake throwing fat on the fire of hysteria which peaked with the Gherkin event and it feels like the long slow hangover from TE-8 was subsequently all the more painful. In retrospect the liquidity event carrot was dangled out there much too soon and I think that's made the fatigue feel worse with the lengthy seismic programme adding to the feeling of inertia. I still trust the BOD's judgement that this was the best way to proceed so that's why I'm still here. We're on the brink now of finding out whether it was all worth it so deep breath etc and hopefully some long overdue celebrations are just round the corner.

I have never understood why posters can't express concerns without being accused of whinging followed by the inevitable demand to sell up and leave the board. Strange

I'll partially retract that analogy as I do believe if TE-9 comes in you would do significantly better than doubling your money from these levels, but I stand by the point about attracting new investors.

If you put yourselves in the shoes of a PI watching on the sidelines with a big wedge of cash to invest anywhere in the stock market it's not difficult to see why the SP is in the doldrums - TE-9 fails SP goes down, TE-9 succeeds we go up, independent COS 30% so you'd be better going red or black at roulette. If the GSA was forthcoming maybe it would bring the good news story of our existing discovery to the fore and yes I haven't forgotten TE-10, TE-11 (trying to forget Luca's baby though) but in the short term I guess it's really that simple as far as new money goes.

There is buying as you can see but I wonder if those 30 million placing shares at 37p are hurting the SP flowing straight back into the market?

I have always been very sceptical as to if and how this occurs. While I have no doubt that there are isolated cases of an orchestrated group ramp or de-ramp could it actually occur on a formal basis? Well I have had the dubious fortune to have been invested where a big spike has been followed by a long and painful re-trace. Take the case of Sound - on the spike you immediately get the first wave of naysayers (often providing a useful antidote to the hysterical group think) but the vast majority of these are simply transparently incensed at having missed the rally. Then something else happens and the relentless trolls are at it day after day, in the case of Sound they needn't have bothered, 2 failed drills did it for them (still believe it will come good fellow Sounders!!). Having watched this close up the de-rampers fall into many camps including I believe holders who find it cathartic to express their frustration and get misunderstood leading to ongoing personal battles. I watched that at Sound where one regular poster dared to suggest a quick low ball sell out and gradually morphed into public enemy number one. You also can't rule out the odd internet crank who has just found a little corner of the net where it is incredibly easy to wind people up (that is where people are in fear of losing their dosh). It was only when SOU found it's base and the highest profile de-rampers disappeared that I started to seriously consider the possibility that the campaign was organised. To be honest I still don't know if they're simply individuals looking for a good entry point to go long or closing a short but look out for the telltale signs - apparently well informed, relentless posting throughout the day and usually a cool often emotionally detached style of posting. Sorry for the epic, thought it might make a change to discuss this one. Right have to finish assembling a child's flat pack bunk bed, instructions said assembly time 1.5 hrs - now on day 2!!

So Gerry's out with his friends is he? Do you think he'll be regaling them with tales of how he spent all his Saturday deramping Ascent Resources? I just hope for their sake he doesn't talk shop once he's knocked off for the day.

If there's one economic certainty it's that there will be another recession, yes get the right result and all that with the GSA but who knows we could be missing the sweet spot in the economic cycle right now. Of course we can't tear up the seismic and rush all three drills but if there is a global downturn round the corner it would be curtains for a positive liquidity event. I read so much geo-political stuff on the O&G bulletin boards but the real biggy that will eventually come is probably the least discussed. Like there isn't enough to worry about! Ps. I'm no civil engineer but I think that square in the desert is flat now.

Well done Sooty sounds like you were more prepared for this bombshell than I was. Do you know what time we have to start on Saturday morning?