Member Info for Snufkin

Yep, if the positive news doesn’t come through, we’ll all be in therapy......wonder if they’ll do a group discount ??? As long as they don’t start the therapy with the classic “ we’re trying to put oil on your troubled waters” etc etc, Then I would loose it. See you in the ferrari garage or therapy !! ;0) S

Afternoon sweaty, understand the fustration in the s.p. My little theory is that the AIM runs on speculation and news... Therein is our problem, we have neither, in sufficient quantity, to be noticed above the activity going on elsewhere. NTOG, UKOG and others have the limelight at the mo. The good news is, in the AIM market, shares can rocket & plummet, so you make(hopefully) big % rises compared to the ftse100 etc. This s. p is about right, but easily could bounce up 10,20,3040% in a day. Patience is the obvious, boring, annoying, part of the AIM. I had ntog at 0.4 once and bailed, msmn will spike sooner or later, so I for one am happy to hold, got my average slowly down, only a placement can mess it up now. Annoyingly as it is.... chin up :0) S

Oooooh the grand old duke of york .... he had ten thousand p/i’s he marched up to the top of the hill aaaaaaand he marched them down again..... all together now.... :)

No idea Spary?? Stanley expected between 30-60 after RNS, Arkoma around end of September. They could both arrive in the same time window. Oz, well the RNS ( 4/18) doesn’t give a timeframe for reporting results?? I’m with RD, if they had it & its good news they would release it. But it all needs to processed by 2019.. Still if the opinion that boosting bopd is the priorty for BOD at the mo... but good news is needed to get the sp moving.. S

The 11:30 500k was a buy & just topped again at 150k at .575. Not much, but you might get a tick up RD. seems a good time to average down. GL. S

Could be sometime...:( the RNS from 4/4/18 say schedule for “ acquiring & processing 100km of 2D seismic by 8/2019” so that gives them another 12 months (max). So may well be a little wait. However you can get some other news, by looking at the companies that surround & are working on the areas around our EP145.... GL

Not really, just that tge convertables were gonna be converted. Better now than later IMO, get it out of the way.... but I do think its a very entry point...8p ... GL whatever

Hiya, another difficult day s.p wise. IMO it matters not, the fundementals have improved withe the SCC ,but what we really need are positive flow rates. If that comes it is irrelevant what Bergen, the MM’s are doing in the short term, the s.p will rise. This is just a small window if time, the convertables were going to converted someday, so in book this will pass.... then it will be down to the bopd & profitability. Try & chill, we’ll be ok. Don’t panic & sell... S

Oz gas is a great asset which will be developed over the next couple if years (4/18 RNS). Will be watching what is happening around with the other players in the basin area. Short term would be nice to see the flow rates at Arkoma & stanley. Welch was well up in the last update, so a continued increase must feed through to the s.p sooner or later.. pls God. Some nice buys today... so still interest around. S

Imo we’ll lingerlonger ;)

Yep a little disappointing s.p, but great in the long run. Trying to remember this would have been 12-13 if we hadn’t had the influx of new shares today. All in all, great news. Onwards & upwards now...

Not sure it is, I have always believed they need 50,000 annual barrels at $20 profit per barrel. This would make the whole company profitable?? If July’s welch production is maintained we are heading towards 15-20k p.a. I have no idea what the profitability is per barrell. IMO the BOD implies that all profit will be reinvested, so to service a debt facility would mean a change in the BOD stratergy. IMO i think they are striving for volume, maybe then ease in investment to produce profit, then ask for a loan to take it to tge next level. I have topped up a little, as any placing may well be at around this level.... If I was JB i would buy a few and show his personal support further to the PI’s and any other investors. Have a good day one & all.

1 for 10 consolidation of shares.... RNS out yesterday. :)

Yep, thinking this will tick up before the close..... what time is the meeting tomorrow?? Thx

Scandic- DYOR taken to another level - I am in awe....;)

Good post Sweaty.

IMO its the last roll of the dice for those wanting to influence the SCC to stall/delay/ refuse the go ahead. Had to be expected I guess. Still, I for one, will be going to sleep well tonight....I cannot see this achieving anything... nite zzzzzZZZ.S

Morning Spary, GEM has so far been a very poor investment for us so far... But hopefully JB will get it going, make a good difference if we could get our original investment .

IMO , if all the production is going into reinvesting into their respective projects, then praytell where are the salaries coming from?? Its not my stratergy, but it is the BOD. Non of use can say that there WILL defo be a placing, but we do have a history of doing this. So in my book- that means it is a possibilty. I am a LTH, i do not want one, but if the BOD tells where the funds are not going to come from, then what is left.... I will stick eith Sherlock Holmes on this one. S

Morning, shallwe, the other news IMO had an influence on our S.P. It was the news of the increase of shares(@17% dilution) coming on the 8th. I think to hold our ground was quite good on the day. All hanging on the SCC, there should be a bounce up, if it goes through ok. I think @ 10-14 if its positive 7-9 if not. Have a good weekend. S