Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Up for negotiation...perhaps combination of bigger % acreage / part cash payment or recover it from future oil sales..AAOG need positive news here on this front and any future drill as it's not on that we take all the risk but it's inevitable on the first drill but now we are in stronger position for 104 drill
How good will Mondays RNS be?..How much is already priced in on last week's SP increase..Aim MM don't play with a straight bat and are prone to over egg price or undercook so assuming good news anything from 5% to 50% plus increase..defo worth leaving large stake in IMO lfor next level as within 2 weeks management will have good idea if we have hit main prize in the Django , Roll on tomorrow
By Monday we will have all the figures to hand and all LTH can then buy more- sell some or hold ..traders selling into rise and trying to buy in low ..MM trying to trigger Stop Loss limits so they can load up cheap sell high ..in fact on AIM every trick in the book goes on doesn't it but hopefully Mondays RNS will confirm a very good asset and open the door wider and maybe 2 - 3 weeks later the main target will come in and BOOM as Jurgen Kloop would say.Good Luck holders.
Yes lots of chit chat over nothing..test results very important now as no certainty that bonus oil shows are financially viable and AIM very unforgiving if RNS not top notch..like most investors here Iam hoping for good news on that front and a licence extension which can propel SP upwards ..Good Luck everybody.
Am invested here so am not trying to deramp but haven't JOG also been waiting along time for JV funding..seems to be a very slow process even with a top asset ..I think I will double down if they go much lower and then wait possibly till back end of next summer for positive funding news ..A lot of patience required here
Am not knowledgeable about the process of the drill but am thinking even if they hit oil it takes time to evaluate the results and then an estimate can be given regarding reserves and possible barrels per day..surely before issuing a RNS these steps have to be taken.?
We need to hit a good amount of oil , certainly in the second and third target zones and to be accompanied by relevant RNS...Tweets- e mails and text messages , well anybody investing on the back of them is sure to lose money. DYOR and it's still a massive gamble..Good luck people we will all know soon enough!
Not really mate , personally I don't give a dam about politics but as soon as a decision is made one way or the other we can move on . Onwards and upwards hopefully!
BT has done well last 3 months compared to Ftse 100 and will be interesting to see if it can navigate thru Brexit no vote etc ..I don't think there's any safe havens in the short term but a rerate is due and a good Brexit outcome either way could be the catalyst for 2019
They need to hit oil big time at least 2000 barrels a day as only more or less a 50% share so a net 1000 x 60 $ maybe ? for AAOG for at least 1 month so the BOD can share the rewards, any more over a long time period would be very welcome for us mere mortals . I have skin in the game to the tune of 25K at just under 10p so am 30 % under water and prepared for the worst and another kick in the balls but surely a good news RNS is awaiting us all before Xmas / New Year !. Best of luck fellow punters
Disappointed.....Just like Ithaca getting taken out low ..surely to be rejected
Don't know how that RNS this morning can sent SP down almost 25%, that's the Aim market for you but on the flip side any good news in the near future could have opposite effect with crazy increase..here's hoping as I expected slow drift down to mid 50s possibly but it's happened really quickly ..still I got a few more this pm so now I wait as RNS sounded positive but obviously funding is the key here
City Fibre or ABC telecom , backed by whoever ! spend billions installing fibre network . Surely they must open network to any other service provider such as BT to provide service just like Openreach does now..State assistance with cash in some areas is needed as nobody wants to fibre up as no return on investment for a very long time.
Back in again today as limit orders kicked in a bit quicker that I thought.as I expected slower steady decline..not too worry I don't beat myself up over not getting rock bottom price as long as it's close to it..Iam prepared to wait now as any thing can happen from now to 6 months time as regards JV funding...maybe nice Xmas bonus who knows
Guaranteed also as if they don't hit targets as the options pay out anyway due to time factor..talk about looking after yerself.!!
Welcome IG , now that you are a fellow holder, you have been negative on AAOG for a long time and finally got in at a price your happy with..Your moniker is very app for this drill..Good luck fellow holders..
Yes I agree, i note that several directors where buying in earlier this year at 10p so I imagine they are also feeling the pain . Major share holders also hanging in there as Well at far higher prices and after backing recent fund raising so time will tell if a recovery can take place
They need to find a large amount of oil to have any chance of paying divs later on down the line..I hope they can get the basics right second time around with the drill !!...Luck and patience required here...I will buy you a pints if any Divs paid out , how's that?
Yes that's the way I see it , they release RNS to advise no agreement in Exclusivity agreement period with preferred bidder so now we open it up to anybody who wants to farm in on an (increased acreage) since first offer a year ago...I expect somebody is interested and we start the whole lengthy process again but there should be a clause in any Exclusivity period that compensates offeree for example they pay for the Siesmics etc while in negotiation and at least a little progress is made at their expense. Let's see what happens..
Bank Holiday