Member Info for spike912

Oh dear old dear. Rather than throw insults why not debate my posts with your own facts? Oh yes, you can’t. As can’t most. Many moan, throw insults, yet fail to actually debate with facts. Spend less time insulting and more time backing up posts with facts

And how do you also work out (and not jibe I am actually interested) “3rd condition from the court.effectively it is a blank cheque for 55% costs for ACCELERATED cambay development as off now!!!” That’s a rather bold statement to infer from that 3rd clause imo. Gspc have fulfilled their conditions under the court order, simple. The rest is just superstition and noise for now. We still have no drilling plan, no idea when the money will be returned form the court judgement, funds must be low when you look at last interims until this money is returned, no firm JV/farm (just ongoing detailed discussions). In essence we are no further forward than we were 6 months ago. And before those say “we won a court battle”...no, we won in order to get put back into a position we always should have been before the EOD issued, ie in line with the previously agreed JOA. This isn’t “new news”. Hence the market is valuing the company as it was. My major concern is last weeks pointless RNS, which stinks, and does not give confidence in the bod when so shortly after they issue a further rns clarifying the one before that took best part of 50% off the SP. That said, people i am sure will do their own research (if sensible) and take what is said on a bb with a pinch of salt in many cases, unless it can be backed up with hard facts and RNS detail Fingers crossed for a blue week, but I feel tomorrow will be another red day

Blutonyblu. You have referred multiple times to gspc not paying and losing the assets. The third paragraph/clause of the latest RNS states “c) GSPC shall commence arbitration proceedings on or before 1 December 2018.” This doesn’t reflect your other posts so rather confused here. Ditto with your reference to accelated drilling and gspc being a part of this. Can’t see that mentioned in any rns? Ultimately if gspc do not pay their share oex will be within rights to enforce the terms of the JOA which would then just be a repeat of now...issue EOD, hearings adjourned for months, then no doubt a deal at the end, as we are now. It appears some new posters have appeared and have an agenda imo, misleading many people that if gspc fail the assets is passed over. That is correct in part, but massively over simplified. If new investors track the rns’s from circa 4th September until now they should be able to piece together the true picture. That said, gspc have fulfilled the terms of the court order so it’s all rather pointless at this stage anyway. I am looking forward to the bods explanation of last weeks corrupt rns

*words

Na jony5 I just like winding you up and reading your pointless one liner posts ;-) always make me chuckle like reading my 8 year old posting on subjects she knows nothing about hence never adding any substance to anything. Maybe your keyboard battery dies after 6 works ahahahha

Why do people keep saying if gspc don’t pay these lose the assets? This is fundamentally incorrect. The RNS states if they do not pay they can enforce the terms of the JOA, which is again, drawn out legal processes likely over months if not years. New investors, DYOR as ever but this is a common post on here it seems, and Should GSPC default it is not an immediate pass over full ownership. Read the facts in the rns and previous rns. People are simplifying something that hasn’t even occurred yet

Oh Jony5, one post today and it’s about me ha, sad little man.

Chesh....rise lol what rise is this? ;-)

Never know Santa may be real too lol

Yuri, 1p, you neee to see 0.50 first

Bzm is about to become insolvent, mug punting now buying there unless you already hold then you might as well ride it out

Samthedog, no they are not. They have simply enforced a right they had It’s like saying someone owes you £2000, you issue a CCJ and the court gives you your £2000. Are you better off? No. This is no different it’s just a lack of people understanding or wanting to actually research the share and history

For those that can’t be bothered to research yet pretend they know out all; The highest this has been in the last 5 years is 3.75p not 12p, look on lse at the chart (I’ve picked 03.02.14). At that point around 677,905,419 shares in issue. As of today we have 2,355,586,980 You do the maths!!

Yoshie, you need to think before you speak. Look at the shares in issue at 12p as compared to now!

Yoshie yes but it’s not new news. The market had this at the 0.30-0.40 mark with the GSPC paying and no problems and everyone ticking along nicely It then doubled to 0.60 on the rumour we could get 100% of Cambay We end up back at where we were before so market logic says we will go back to 0.30-0.40 region until new material news ie drilling plans are announced People try and over complicate it when sometimes you just have to take a very simple approach to the aim market

Yoshie you didn’t win the case, you simply got put back in the same position you should have been in before under the JOA. This isn’t new, it’s rectifying a default by GSPC of an already agreed contract

0.39 on the board ;)

Welshy, fact is it was NT on Halifax. I have no reason to lie mate, it was just a comment and i felt it odd. Not sure why the criticism but hey as you say each to their own. Good luck

Welshy not sure where that came from but isn’t the point of the stock mark moving money around? I’ve neger sold out and never reduced under 1mil but thanks for your concern

Oh really you think one man can drop a share price. Get a grip Degsy