Member Info for Spikeyj

someone at peel hunt should
start sending out their CV.

nuri, a lot of what you write depends on people not
losing their jobs. but there’s serious risk here that
a lot of companies go bust. then with no wages, it
won’t be much consolation that petrol gets cheaper.

a couple more?

feels a bit rash buying anything at
at the moment, but there’s value here.

all just speeds up china’s rise in 21st century,
after the post-viral phase has passed.

fair enough, dip, but
spared in relative terms.

it’s hard to see how they can possibly survive at this point.

they only have one source of revenue, those deteriorating aje
wells. and all of that money just disappears Into the joint
project debt, with zero to adme itself this year at least. at
these oil prices or lower (which is looking fairly likely atm
during 2020) they will actually be losing money on all the
barrels that they do pump up. - the economics on those
‘deals‘ that OO claimed be was working on will be toast
in a $30 /barrel environment, so no-one is about to pony
up for those (if they ever were). & the company continues
to have a large monthly cash-burn, with almost no cash
left to pay for that. they are within weeks of trading while
insolvent imv. & in this climate, how crazy would someone
have to be to put new money into a small, failing AIM oilie
to help it start drilling for more loss-making deep water drills?

this is going bust, and sooner rather than later.

(still, on the bright side, OO won’t lose any money, as he
never put a penny of his own into buying ADME shares.)

wow, check out the oil price.
(end 2020 too optimistic.)

saudis mixing it large.

Jackson

https://www.thetimes.co.uk/article/prudential-lines-up-sale-of-stake-in-jackson-nxf5pfg8w?shareToken=bba0dc9e6b3ee0e5aa966024944c25dc

50/50 adme goes
into administration
by the end of 2020.

curious, dog with fleas made a prediction of a
share price on resumption of 6.6p, but whoever
added his name to the list has put him down as
“Mr Negative” predicting a “share price crash”.

is 6.6p seriously what you guys think is a crash?

any of you guys still believe trafigura is about to hand
over a wad of cash to help fund more deep-water drills
in aje, given the outlook for oil price? getting close to
Easter, so adme will be getting close to trading while
insolvent, imo, based on previous figures from the
company about cash balances, cash burn & income.
... so they have a pressing need to bring in some cash
from a guardian angel somewhere. placing circa 3p?
(needs a persuasive discount in current climate, i think.)

hi aubrey, i don’t know, it’s not a company I’ve
followed closely, am mainly just curious about the
price ramp then abrupt suspension (and baffled by
the apparent lack of interest here re proven stuff.)
so no particular opinion re underlying worth. tbh it
smells to me like typical AIM junk, but sometimes
AIM throws up very pleasant surprises so GL here.

i estimate that my own chances of getting off with
winona ryder are circa 99%, but as yet there is no
independent public verification. if she wanted to
come round and look at my workings i have a fully
equipped basement data room that i could show her.

Pf, all the data that EUA have been able to collect over
many years of drilling and analysis have so far not led
to very much at at in terms of *proven* reserves. - the
estimates that get touted around, for example in that
piece of marketing from AFC do sound impressively
large ( - which i suppose is the point of touting them
about!), but they mean something way different from
proven reserves verified in properly independent CPR.

jmv.

perhaps I’m trying to be.a bit too precise
with my guess re CPR... within next decade?

i‘ve already put in a guess for next news, in late march.

but I’d also like to put down a second guess for when they
will finally publish a report from independent competent
person that states clearly what *proven reserves* they really
have after all those many years of drilling and exploration
that so far has produced very little beyond those C2 grades.

my guess for that would be circa 2025.

proven all a bit different from probable or inferred,
etc, & a properly independent CPR would be very
different from a paid-for ‘marketing communication’.

Spikeyj 27/3/20 16:30.

bought a few.

but infrastructure
gonna be set back
a bit by this virus.

i doubt the words on this board will make any difference
whatsoever to your decisions whether to buy or sell, bill?

if / when this share resumes trading. anyone who is not
a complete nutjob will buy or sell depending on what the
eventual news is about what has been happening behind
the scenes. (asset sales, fake news, or anything in between?)

as per usual in these kind of shares, folks placing too much
importance on the chatter of the boards... it won’t save the
share if it’s a pile of poo, & won’t hold it back if taken over. jmo.

sweet dreams all, beer beckons.

what on earth has it got to do with intellectual property?
it was perfectly clear from NTTG’s post that he was criticising
that puntersfriend post, not trying to pass it off as his own.

(& no, lucretius, i am not short on EUA.
just curious what will happen next, but
mildly irritated by your tedious bullying.)