Member Info for steakpie

Mag you are the one person who l would stand a million miles from if recommending !
Your not for real ! Now this is a bottom draw Ha Ha Ha well true colours shine !
Sorry punters who followed your upbeat posts prior to dilution , job well done back under the stone now good chap . Saw you coming

Fair point Ford , l feel Board need to just be straight and plan the strategy ahead for investors to feel comfortable and be equal to the companies funding as they walk away with the icing on top.
Work to be bone on that aspect l feel .
As for future l am expecting changing times for the better l hope , but will not follow the brigade announcing 10 bagger etc overnight mob and of them there are many .
Here’s to double number share price soon l hope .

Ford
I think the issue is for myself not the number of placings ! Although lm not over the moon on them , but the slashed valuation they give the investor who has just paid a premium days before the issue unaware that it is looming !
The fact is any uplift from increased production has then been slashed for the investor who then has a diluting effect on investment , and this is continual !
In my opinion that is the reason for LTH being on the case as they hold a lion share of the diluted shares !
Hope that explains a simple communication that l have with BOD as this is my investment in part of The company which l feel is holding back investor confidence .
If cinnabar far exceeds expectation fine but as we know this is the gamble so dilution on a gamble has a double negative effect ! That is clear to me .

My last post is why l am so annoyed with the decisions to place so low as it never gets higher as investors just expect raise after raise in my mind .

Now you can soon buy at low 7 your low point is coming faster than the high opinion .
It makes more sense to trade at 6s and wait for news then flog them in my opinion . That is as long as you feel the results will be as mag suggests they may be !
Conundrum for you !!!!

Again l never trust a poster who flaunts his or her wears ! Why post that !
I’ve got 1000000 mil Mosman shares my daughter is getting married wife is busy cutting them into shapes of oil wells to make me feel happy !!
But do you think that is true ?

All the buys are his !!! Yawn
Acclimated , buy low
Well to be honest you cannot buy high

Dry trades doing great ! In what world does Mag evolve from !
Be realistic and accept overhang is effecting share price !
Maybe rise on production numbers but that is weeks away !
Flat now and till news nothing going here for me

Churn shares that why the interest is dry , obvious to any person with an ounce of intelligence , it’s not rocket science . Investors are not stupid and don’t like dilution prior to growth period , my opinion as an investor .
Roll on production news

If it’s so good then l will wait to see official numbers by RNS as l have so many shares ! Good to expect production increase and other speculative increase as and when .
By my experience here l don’t believe any post it notes by any one who posted a reply to every single post day after day night and weekend ! Just not required ! and post on post to himself .
Let’s see share price once the additional 1.8 bil
Get worked through if they haven’t already .

Mag dear fellow stop putting posters off by your pushing these churn volumes ! as every one here has an opinion and it’s a open forum .
As l said last week as a LTH by choice l prefer an honest view based on honest RNS reports not hearsay so less of the blaming honest posters who have paid to discuss there views negative and positive .
Your posts are too repetitive

When the cheap stock is gone it's gone! Really !
There will be another placing etc !
Too many posts ! Nearly more posts than trades that makes you think ??

Agree with that number

If we raised production with guaranteed numbers then raised at a higher price (which at that stage would be merited ) it would have raised investor confidence rather that the opposite !
My drumming on about production growth is the ball is more in our court and less dilution for more funds .
That said it’s done and that’s it .
The old hat of consolidation will come at some stage regardless that funders don’t like it as will be a fact .
If GE goes ahead we would be taking advantage of ipo if we were in better financial trim not diluted and tasteless .
Hope it rises as l just don’t agree with strategy given all our upside .
Shame but it reminds me of my argument on equity release ! My opinion

Defiantly not 0.015 by the end of the week as too many churning shares to be dealt with ! That’s not negative but realistic as from here on realisation of facts is a positive way forward after the low sell off of 1.8 bil shares .
Maybe RNS publications will drive forward movement in the next month

Lesson in detail
1 . Was
2 , Forecast

As with oil exploration there are no guarantees so there is a simple rule
Don’t invest what you cannot afford to lose !
Mag ramping the socks off this by the minute all day every day ! let investors take there own RISK !!
Repeating the same old just is getting boring .

Fingers crossed l want good price before any disappointment and don’t say that does not happen ! Let’s see mag as when we hit your magical 0.048
I will post on here how you were right !!!!
Been here too long for a lesson into
How to loose more of my valued funds , money and life .
Enjoy a weekend off hopefully

The charts for 1 yr seem to show what the investors think of the policy we have on dilution .
Spikes are the only trading tool but that is sad after years of expectation by our BOD in my opinion .
Up to the last raise l put up with the reasons but now we are all hands in pockets topping up etc when we should be skimming off profits from production like BOD do in wages , as if l could persuade my clients in my job and to put up with me diluting there investments etc .
IPO if it ever happens ! Which l strongly think in my mind will not has no baring on our base business which is production of Oil and Gas on current wells .
If we cannot up to now produce a profit to reflect investor returns in share price we never will .
I feel it’s a trading share not a investment share and l have yrs to prove the failed investment this has been to me .
Last chance saloon in my opinion has been shut for yrs so dilution on raised production is all l see this as .
Plucking at straws if other hopes are mentioned as they are just hearsay till official.
The likes of mag have just bored me as l invest and don’t need ghosts .
Up and out for me asap

.

Back to base ! More off loaded well done mang bonus coming

Subject of holes ! Please that made me laugh .
Nice technical move today .
Monecor still here 3%