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Off-take, CPR, Although that’s probably a little way off. New acquisition. If the 10m/acareage was sorted that would do wonders for the sp. SL

Without an RNS I’m not sure what he can say that wasn’t said last week. So you never know. SL

Of course. And that’s the sort of valuation you would get for a gross resource figure looking at past examples. Not suggesting it’s all recoverable. SL

If we get 300’mbbls to P1 then it’s effectivl a $1-5 a barrel takeover valuation which should be reflected in the market cap. Call it $2 to be on the conservative side, that’s $600m or or £450m. Take the acarage rather than the cash owed so that’s 80% of that attributed to aaog. 400m ish market cap or £1.60p with much more to explore! Fag packet stuff but you get the idea. SL

Cash2, regal is a nice example. From striking the sp took a while to get going but then started jumping up to production was 20m ish market cap to 150-200ish if I remember rightly. That’s certainly possible here in the next 12 months or so time frame. SL

Good research skittish. It would certainly be interesting to have been a fly on the wall at recent discussions (whoever they might have been with!). In the recent presentation I could feel the excitement in his voice, he was dying to disclose more. This coming week could be very telling. Exciting times. SL

McGee are you suggesting some link to aaog in that link? Otherwise not sure why you posted it. SL

Yes huge. 300mmbls could eventually become 2 or 3 times that, or even more. We have all the ingredients investors look for in the fact that risk has been dramatically reduced with the recent strikes, near term potential and news flow and medium term aspirational possibilities to transform the company into a mid cap - plus the carrot of dividends too. Stocks are never safe but this is proabaly as safe as we could be in this market and at this price. Risk/reward is in our favour and all the signs so far are pointing to aaog being one of the success stories of 2019 and beyond. Whatever happpesn to the sp I won’t be tempted to touch a share until I review my position at the end of the year. SL

Yep boredom is always the best way to lose money. Swapping and changing to chase spikes. Take comfort in the fact that we are at the NM buy in price and that they know what they are doing and have a lot more info than we do. The point here is that no matter what anyone says no one knows when news could land and that the sp/MC is baseline. Long and strong and money will be made. SL

Yes it really does feel different to other oliys. Maybe the fact that we have had success each time is the first the reason, very rare! I really don’t think the market has woken up here yet and we could easily have a few 20% days without and further news. Often traders disappear when they feel there is nothing on the horizon for some time. Well that’s just not the case here, several pieces of news could land at any time and a couple of others within the next few weeks or months. CPR, acquisition, 104 rig plan, super major oftake, $10m/acarage and that’s just for starters. Oh and then there is intial production and flow rates! A cash generative business at a very early development stage! It will be extremely busy on the news front each with the potential to add many pence and that’s all leading up the biggie of spuding 104 later in the year which will naturally supercharge the sp in anticipation! 20p should come very quickly for starters, it should be north of that now. Long and strong. SL

We are at the placing price so doubt many would be flipped here, pretty pointlesss, it fact other that the spike the sp hasn’t been in a position to return more than 5-6%. It’s not always the case that placing share get flipped either, depends on the buyers and the knowledge they may have of where this is heading. Good week coming I can smell it. SL

Many 100ks my self but feel like topping up again if this doesn’t budge Monday morning. Base line valuation here. SL

Fact is with a cpr of anywhere near 300mbbls this has to get to 20-40p region. And it could literally land in the next couple of weeks. IF it’s 150 I’ll be more than happy. SL

Of course tip, we will be bought out when the price is right. We need to add considerable value to maximise our exit. Fact is very few minows go it alone and growto even mid caps. Odds are we won’t either. And I’ll be happy enough with anything from a 10x from here which is easily achievable in the next 12-18 months. 250m MC or above which is still tiny. Long and strong, the big bucks are only made by waiting for a company to flourish and develop. As I said I used to trade, I know prefer to buy and hold for 2 years minimum. SL

Yes, 104 is the company maker. If that flows first time I can quite easily see the 53p initial broker target smashed. It should easily provide a market cap of 200m+ - 80--£1p if you look at historic drillers with 300m bbls+ proven resources. (assuming funding via debt and no further dilution). Cash flow, acquisition and deal with SNPC all to come first which should get us into the 30p-40p+ area first as a an initial target. and all within 2019. exciting times.Personally I don't see us existing in our current form if all this happens within 2019, we will be taken out by a major. SL

Very worse case we take first $10m profits form their share of the 30% when oil flowing. Although I’d want more than 10m worth. The longer they don’t pay the more it should be worth to us. Not exactly sure of the detail but it should be accruing interest. SL

$10m or acarage or mixture of both. Company preference is acreage, I think 5m/15% would be ideal.

So much to come in the nexts few weeks and months, would love to see the sp at Christmas if all this goes our way: - offtake with super major - acquisition - acreage/10m - debt funding - CPR - drilling of 104 SL

Echo your words Tiptop, this is a stunning opportunity and those who use the current sp as a barometer to the potential of the company don’t understand how small cap sps can be completlely manipulated and are the mercy of traders. But eventually value shines though. I will be here this year and next and likely the year after that as my trading days are in the past. 50p for me is just the start here. Divendends are promised and at 50p with 4% let’s says thats 20% a year back on your original investment if you invest at 10p today. At a £1 that’s 40% as well as the capital appreciation. No ‘sure things’ as I’m well aware, and have learnt the hard way on many occasions, but if I had to choose a home for my money over the next few years I don’t see a better prospect. SL

Looks promising, however the ‘next few months’ is a bit vague and isn’t going to inspire much in the terms of sp rises in the near term. The wait continues. Annoyed as added decent money in mid 2s. SL