Member Info for Snufkin

Texas !!?? Oh i thought it was South America, there were rumours of El Derado, Inca Treasury. Gold, oil ....... Canadian diamonds, all the same isn’t it??? After all it is the “Alternative” market, so you can alternate between what you should be doing & frankly anything you like.... You have to put that experience to good work don’t you?? They’ll be busy today deciding whether to have a top-up spray tan after the massage..... tough being a director ??! All IMO of course ;0) S

Careful, Thats 35years of “relevant” oil experience your trashing ;0) wonder if that was in a massage parlour?? Smoking a large cigar..... Paid for by..... yes you guessed it !! an “ A -ll I -nvested in M - assage company. We work they play that’s the AIM way..... Awful day.S

Well at least that explain the share trades over the last 3/4 weeks. I thought my stats had gone inverted. The amount being (able????) to be raised diminishes each time. Has to expected because the company, subject to accounts, is still not profitable. Where else does the money come from. My major concern is that we did not go ahead with Arkoma therefore”saved” us the expense. That money is not enough, hence a placing for pennies. ( or tiny parts of pennies) ho hum, we all knew the risk. GL with which ever strategy you employ. :0( S

Yep and there is only 3 working weeks in December, so sometime in the next 6weeks ?? If they are on time with equipment etc....

Yep , there they are again regular as clock work. If we knew how many they had left it would help. Been 3 or 4 weeks now. Any buying starts, then they pop in between 500k & 1.5m shares. We will have to sit it out.... its probably if they try and get rid of more, the price will dip sub .40. We’ll have to be patient. S

Morning, just at thought. Going back through my records, I am somewhat relieved that although there is continual “block, loss making, selling” going on these last three/four weeks, the .40 has held. The loss making will come to an end, so we may flat line for a bit, but that is a ray of sunlight. For those who will mock, I bet you do not DYOR in detail. But IMO the the share price has a base. It might be gradual, but this can make progress. GL what ever you strategy. Cue a Doom monger post...... :0) S ( upping to a buy status IMO)

RAMP - Really Awful Market Price, no need to point Doug, its plain for all to see ;0) S

Yes WTF completley agree, more selling than buying, the next sale could pop us down a level. .35-.40, but who ever sold would be taking losses again.... the purchasers, however, is building nicely IMO. I have my max in at the moment, so won’t be buying anymore. However i can see a “spike” profit at these levels. IG is offering .376 this morning, thats down again :0( S. GL

If & its remains an if, this little story is right, it does not equate to the fall in the s.p. It would be roughly 5% extra shares in circulation. That is a tiny increase in the number of shares. The retreat back from 16p is just slicing the froth off the top. The rise was prememptive IMO, so we slide back and give folk the opportunity to repurchase and wait for the next rush. Many on this board love the volatility, makes good money for the knife catchers. Positive stories last week, negative today..... thats AIM , thats Angus. Enjoy the ride, make money if you can. :0)S

Yes, not a great start to week. Definately no fireworks to get excited about. This slow slide since the 24/10 is worrying to me. We need some solid, positive news to get us back up to the .50-.55 range we were at this time last month. All these block sales (over 400,000) have been at a loss for 3weeks.IMO any good news will pop us up to .50+ Afterall is £2m for 35k barrels of production. Its roughly £2m mcap for $2m of production, thats what will underpin us I think.(hope). :0) S

Sweaty, Wouldn’t that be a fun..... That would be an RNS to remember ;) we’ll see, maybe Father Christmas will be the new PR manager and bring us all what we want for Christmas. ;0) S

RNS, Not happy with that AT ALL :(. I am not sure how much a horizontal drill at Welch costs or a couple more Stanleys, but $500k CAD could have produced oil. It’s Mosman OIL & gas...... this is just a load of GAS !!! Pathetic, the BOD, IMO, is another set of guys using the AIM for there jollies & pay thier bills. BOD Consulting fees !!!! Might as well have consulted “ollie the octopus R.I.P “. Poor Ollie got Sushi’d, by a axe-wielding chef...... Which is probably whats gonna happen to our $500k ....... Huff !!!!!! hope your weekend goes well. :0) S

Yep a jv in oz would be great, but really not sure of the size of baja? No i would be very happy with another 20-30bopd from another stanley well. Really need the YE to get a grasp on profitability. I still think flows will eventually rise at Arkoma & Welch too. Dreaming of 50k Barrels pa. that may make the whole company profitable.... here’s hoping.. :0) S

Yes its a grey day, its a long long term hold for me... my opinion is that the BOD struggles to focus & then maximise an opportunity, without somehow getting distracted. We had two share purchases and one loan, which have done us no good at all. We shouldn’t have got involved with either... we need a run of mature, solid decisions to blow away the past. I don’t mind the waiting, but they do have a track record of coming up with a, non-core, stab in the dark. We could easily be owners of a chicken farm in wyoming !! Or Stanley2... they are capable of anything IMO... ;0) S

Well here is a bone to chew on , 100bopd at $70 = $2.5m or AUD$3.6m. In the last full year accounts our income was AUD$70k ish..... No idea of profit per barrel, its not a dinosaur bone, more of a rabbits foot.... ! But its a bone... relax & be patient. But I do agree there is a creditability gap with the BOD. GEM was no “gem”.... Keep the faith... :0) S

Hiya, does anybody know when the FY accoonts are due to be published??? They wete late November last year. Thanks S

Yes, seems like it... we have just hoovered up yesterdays 2x1m sells, so we’ll see what happens now. I have topped up again under .50 today. This was .67+ no so long ago, so another production increase through stanley 2 would see this up towards/over that IMO. GL what ever your strategy :) S

Really Doug ??? Yawn !!! We have increasing production and a market that gives us more $$$. Crying my eyes out .......... laughing at that amazing, insightful investment analysis. Thanks so much. :) S

Morning. I Bought in yesterday. The market seems muted by todays figures. I think they are more concerned about the oil price. I’m in because of the apparent strengthening of this company & the dividend yield is over 5.5% now. Whats not to like..is a LTH for me. GL.

Three points to remember IMO. Firstly the company is due to make £500m plus. Secondly, the projected savings are not coming through YET. This is an asset rich company. Its no House of Fraser. 40%+ drop from year high? Dividend maintained? I got in yesterday. 15-25% in a year (including divs) in the bottom draw, see in 6-12months. :0) S