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This was my post on ADVFN the other day, echo's many on here and I would suggest needs answers.
Whilst I am very happy to hold as success here would be life changing for me and I would think many others. I cannot understand why this company and as MD Simon Potter can not update us on what is happening, their communication skills are very poor.
Based on the fact that us shareholders pay the directors by placings to keep it going it beggars belief why we are not MUCH better informed, it really is poor and needs to change, surprised this was not brought up at the last AGM, I assume the next one will be in the IOM so being in Cumbria I may just go.
Let's hope by then a partner will be announced and it's all perfect.
Pete,
Yes I can see it timed at 3.36, 1,405,565 shares.
Agree next year will be or should be superb however the rest of this year should see much progress as we await news on Potential partner in Block 29/11 China, Duyung sale or more drilling into a larger structure from memory and don't forget Sacramento, Alvares re-entry very soon, Dempsey to start flow again soon.
IMHO, DYOR.
Apologies the target price is 30p a share with a BUY recommendation and a valuation of 31p a share,
Have you seen the Cenkos note updated and just out it has a valuation of 30p a share with a target price of 31p a share.
If ever a share will multi bag eme is the one.
DYOR, IMHO
I would give jungerns a little time to come back regarding his comment on the G & C, he simply may not monitor the boards 12 hours a day,
Of course it may be just a throw a way comment which means nothing but I'll wait a bit longer to see.
statesman,
Would you mind if i posted your comment on the ADVFN board, this my my view also, albeit I thought it was very protracted in the accounts and accompaning notes.
Read it again, its at the end
Total you say "FACT" and how do you arrive at that
Have a look on ADVFN. The note was correct
Hi coopgare, Thanks for your valuable input and the reply posted from GJ. I was puzzled by this can you explain, if its depleted then !!! 1. This zone is obviously depleted but we already knew this as it is field level reservoir Regards Stewart
Those large trades are rolls, ISA's or SIPP transfers, look at the time apart with each trade its seconds and a small price difference to cover the cost. I will be doing the same on the 6th April into our Isa's then mine are all in a tax free status, well nearly all.
Gazza, I would not even respond to him, a complete waste of space like that goon on ADVFN brimsley, if you engage he probably gets paid, focus on the outstanding prospects we have here, on 3 fronts.
We got interim results which were to Sept 17 and they came out 12th Dec 17 I think and final results March 2018 which will be end August / Sept 18 Don't ever remember getting quarterly results, we are due a production update which could be any time.
KingofEngland, We have had the interims but I agree an update would be good but as a number on here and on ADVFN have said, it will come when its ready, SGC put an announcement out last night but it said little in my view as I am unsure if we have any benefits from their other wells however looks positive on Alvaras and Dempsey news seems close, my view though is the permit application has not yet gone in, staggering that is.
Orchy, I have been here for 11 years have a decent holding and whilst I don't expect numerous RNS's I do expect as a shareholder to be informed probably on a monthly basis as an operational report, quarterly would be just acceptable. The only info we have had on China and Indonesia was in the interims and that is not good enough, Dempsey, well I am no fan of SGC and in particular GJ, he has a lot to do to convince me with his 42 years experience he should have foreseen the permit issues and been prepared, lets hope Alvares is better looked after.
ok to post there your response ?
Gazza4563, Well you got a reply that's a good sign in my view, I never got anything back. Can you post on the ADVFN board it proves they are still all active on all 3 major projects Cheers
I have been here for 11 years and lost a packet on AIM shares but following the return of funds to shareholders at the beginning of last year and for me some large purchases I now hold 800k of eme and I won't be selling any until it hits a pound. I agree with KOE, this is a jem and we have 3 superb assets in particular Indonesia and China, China is the one. Regarding Dempsey and Sacramento I like what I read and like most wished I had sold in the 20's but I didn't, I am not keen of GJ but who knows, he seems to have not got it quite correct with the permit to frack and after 42 years he should know, there is also on trend and the big one Alvaras. This share hit 31p from 10p with Dempsey so perhaps GJ may get us something huge we will see. But sell if you wish I might even add a few more if it drops further, I like what I see but news from the company is overdue, on the permit via Sagasco and from Indonesia and China. DYOR, IMHO.