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It's about time we had some good news here. Malcy has also said it could be the share of the year and it'll get to £2..... A clock is right twice a day though..... I'm not confident, when was the last time we saw a positive RNS???
Couldn't agree more with this, operationally Paul in the team can't deliver. Coho should be priced in but I'm now hoping it's not purely on the basis that the market doesn't think it'll be delivered in May. I'd not bet the house that it will, Paul track record over the last twelve months doesn't give me a lot of confidence. I still see this as a 2-3 year journey but I'm really starting to think if my money isn't better homed elsewhere. This is rant, for which I apologise but I am so disappointed having continually added on the way down. Paul please stop this misery
I liked Aberdeenman, he used to take a disproportionate amount of heat when the share price went down almost as if he worked there!
You're probably right on the hype, in 2016 I remember it going from 2.2 to 4.1 to 2.6 back to 3.75 all in about four days. Exciting times but not at all for the faint hearted. Hard to mistake, confidence, bravery and idiocy in March....
I've been building a position in 88e since the end of last year early this. I had previously been invested reasonably heavily for me back in the globe days of 2016 where Aberdeenman was prevalent (whatever happened to the 88e owners club) and it was a toss up between 88e and CTAG where we'd make our millions. Anyhow I digress.
My strategy is much more cautious than I was back then and I wondered what people thought the plan would be should the next drill be unsuccessful. I'm not deramping, I think I'd use the opportunity to probably buy more when the hype has died down. Of course I'd much rather a success but where I've been caught out previously is not being ready to buy when there's bad news.
It's always easy in hindsight. I keep telling myself, long term when have you ever made any money from AIM? I've sat on profits more times than I can remember but the outcome always seems to be the same. I bought into SNG over year ago and sat on it with the hope that phase 3 would go well. I added at the start of the year, the bread crumbs were there... Polygon continual buying, the marketing tie up in the US, the vacancies.... I never got excited about the director wife buy but I would have been annoyed had I not bought more and had seen this go up today.
What really annoys me about AIM is the total lack of accountability of the CEOs when the news is bad. Why isn't there an interview, why are they not speaking to the media about what happens next. You can't tell me they had no plan B if the results were bad. Why is he not answering the tough questions, if he ends up doing this later in the week it's too late. The damage is done, people were selling 90% down. Just get the basics right....