focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Been thinking long and hard about where the company is and where we are with our investment here and am actually a bit peed off. I really think we should raise more funds and drill some wells to have any chance here to recoup. You can argue we would be diluted to nothing but we have virtually done this with a share price at 8p. A 3 well campaign and we are short changed by a crack at the paleozoic. Cmon JP none of this makes any sense and when I think more none of it has. A rig sitting idle at sidi only 1 used at Tendrara instead of multiple rigs. Circa 14 million in the bank then a fund raise. What's the crack here?
Not really at any given point any of us could have sold our shares and got out if we didn't agree with what direction the BOD were taking. That is if you own any ! Or you can just pretend and stir up the dust to aid someone else's trade. Anyhow I'm not looking for an argument just that if we'd have hit pay things would be totally different. The BOD had positioned us as well as they could have given our size and equity. But only my opinion.
I have no role here past or present but I hate people posting mis information just to suit a trade or to muddy the waters. It's hard enough as a pi without fiction being written. As a free chat board I realise anyone can post but you have been negative about this company for as long as I've been around. I just don't get why you post. Also it's very easy to blame the drink but a bit boring. Have a good evening.
A welcome respite from the daily drops. I only hope bid rumours continue. As SG47 says it demonstrates how easily sentiment can turn this around. Long may it continue and I only pray someone is accumulating pre bid. GL all LTH.
I fully understand how we can ascribe a 50p valuation on what we have as a company and how it is broken up into a TE5 value and an exploration value based on say a mid case of 20 TCF of unproven GOIP. What I fail to understand is how the market values our company at 7.5 p at present. Surely the share price won't jump from this to something near 50p otherwise everyone would be piling in. PS this isn't meant to be a negative post I just don't see this happening.
Is Morocco and its fiscal terms not a good place for hydrocarbon investment. I also have a small investment in SDX and over there a similar story. The share price beaten to a pulp although they announced an oil discovery. Everyone crying Market Makers games. I would love to see Moroccan consolidation in a major buying both out. Er anyone want to give me any odds ? This or a new national company started to do just that. I'm a bit despondent with all my investments at the moment!!
Job is right. Use the money for a decent spelling and grammar lesson.
Then write these lines 100 times.
Jp was trying his best as Jones would say we was just not commercial.
Jp was trying his best as Jones would say we was just not commercial. He he
In that case Mr cautious why not go to whose ever board you have invested in and spare us the time of having to read your posts. And while you’re at it take Partridge with you and the rest of the gang. Jones was joining you as well.
I guess jack but I find it distasteful that it may scare old grannies out of their 100 shares just by reading this garbage. Not only that but to get personal is also not good. Whatever anyone thinks of the BOD i honestly think they have tried their hardest for shareholders even if I personally disagree with a few of their decisions.
Another 500000 buy after hours. This follows yesterday's 2 million. We're not totally dead here just yet despite what the de ramp crew would have you believe. Like a 6 way tag team yesterday and today. Unbelievable.
Oh and by the way I think that our BOD should at least give us some clarity as to what we can expect to see as a return here. We don't really know what to expect. 20 TCF mid case but what is our company really worth? What would be acceptable. No one seems to know. How can you value what we have or don't have this is the grey area.
Call me naive Shaun but I would like to think that crudes post was either a mistake of numerics or else a result of some Saturday shandys. With a share price of 10p a bid of 50p seems reasonable. If we had been talking about this even 6 months ago we would have laughed at this figure. I guess TE9 and 10 have changed our dynamics. I would personally rather carry on drilling than come this far and give our license away even if it meant a fund raise and some form of dilution. I truly believe in our asset and the geology and invested in a 3 drill campaign.