Member Info for Strongman

Ask is now 7.125

Pretty sure some on there were looking at numbers this week. It is the only oiler I know that has a holiday between flow testing lol.

Looks like AAOG is now the only oil company reporting, drilling through this Christmas period.

A lot of money left here to go to ANGS last week. We may see a lot return today IMO.

Loz786

You can short anything that you can either get borrowed shares from or leverage quotes from providers.

Haha, with AAOG it is these days.

Monday - open 8am to 12.30pm (half day). Then back to normal Thursday.

Much better..........

Good work theiceberg, sometimes walking through the process with a ceo is required. We are not armchair ceo's, but a few of us have some knowledge about market mechanics at least. We are seeing things unfold on the ground that he will not be aware of.

DS caught a cold with Sandabel to which ultimately the shareholders paid the price. Patience to get the right deal at the right time is now key going forward.

Did he mention any podcast? I am surprised he has not done one after the weekend.

Steadygrowth, that email response was swift this morning. There is no placing deal done for sure at the moment.

I believe it may well be a little more sinister then that. A group of high net worth investors are orchestrating a placing here. Simple formula, borrow the stock from same source that Sandabel borrowed from via market maker. Dump the stock. Approach company with a offer to take part in a placing via third party broker. Company consider the offer (size and price) and then either take the offer or move on.

What I would say to DS this morning, is you are more likely being played. One of the offers on your desk is the person responsible for the share price manipulation. They are on a T position on borrow, lock them out of any placing and turn down their offer. Wait for Mengo and R zone logging results and either do a debt deal, or if issuing a equity based funding, wait for the subsequent share rise. Company rushed into the Sandabel deal without thinking of shareholders, now is the time to sit back and let the oil dictate the direction of the share price.

Patience from the board required here, only take the right deal and not a worked deal. I was a little happy with this statement on yesterdays RNS though:

''The Company has several offers of debt capital, and will also consider the issuance of further shares, but in each case only on terms and at a price which properly reflects the position and prospects for the Company."

DM2000, Well done.

It is not a waste of time, and I urge more PI's to send the email and get some action from the MIU here. JBER are ruining this and other stocks for its own financial greed. The desk at JBER are aggressively trying to get the year end numbers up to get the bonus confirmed.

No issue with that, as every part of the market needs to make money, but recent positions are now blatant.

Thank you for your email of 17 December 2018, the contents of which are noted. We will review the concerns that you have raised and respond in due course.



Yours sincerely



Market Integrity Unit







Primary Market Oversight / Enforcement and Market Oversight Division

12 Endeavour Square

London

E20 1JN

www.fca.org.uk

Jrlomax

You posted earlier at 08.31am:

''Rumour on ADVFN that the placing was done on Friday last week at 6.3p, for £1 million. And is being forward sold. Could be a load of crap though.''

I sent that to DS this morning, and have just received this reply back:

Total nonsense

David

Agree, hopefully mud tank issues etc now done, so we should have a good run down to Mengo now. Looks like SMP may have had a telling off as well, so they will now need to perform.

Q- R zones are 1300ft and Mengo is 1800ft, can we really drill 500 in 4 days?

A- In these recent layers we have been drilling at 10m an hour, so yes very possible

Personally I penciled in Monday morning (half day) RNS for Mengo, but if they started drilling again Sunday, then we may get a update latter part of this week.

I know, as frustrating as it is, you never do know when one day they may spark into life and do their job.

On a day when AIM as a whole has fallen -3% today, we have done well to flush out the leveraged and the short term in this great volume. Happy to have taken some more today, especially when first horizon has just been de-risked today.

If anyone believes there is some malpractice or a market maker controlling the share price to gain more financial betterment then normal, then write a simple email and send it to this email address. Highlight your concerns.

Takes 2 mins.

primary.market.integrity@fca.org.uk

Tight spread now.

Well the two naughty market makers are now switched over to the bid, looks better.