Member Info for Teaye72

Ohmni - follow the same philosophy.
When it slumps, buy it (with a little due diligence).
Am continuing to build at these prices to lower my average. Quite close now. Just a little over-exposed on this one, but, as they say, in for a penny...
GLA.

... good to see we are moving in the right direction.
Although rather disappointed that the dip didn’t last until next week. May have to top up elsewhere...
;)

Smudga - hoping it lasts at least until end of next week. My other AIMs have started to move North which, although good, is just too early. This one is still just below my average.
Friday tomorrow. Roll on the weekend.

At the very least, I'd like to know the outcome of discussions with the "Interested Party".

Good luck, manic.
Knowing my luck, if I were to cash in and take the loss, news would drop and the SP take off. So I'm staying.
GLA.

So much for an RNS!
Will it hold for another week...

Good luck, Lockes!
T

Aerial - obviously there was no recommendation per se.... until it takes off, of course!! Which it will, given time...
GLA!

In think the beer is talking... lol.
Mais je suis d’accord, of course. Except I’d prefer it to be March, as noted... ;)

DonTradesAway - if the asset was worth something, then yes, relinquishing it would be a bad thing. But it is is deemed to be non-viable, then we are basically not giving up anything more than a paper asset; it may even allow us to write off costs associated, I don't know.
Peru, East Timor and Moray Firth are the 3 assets that seem to have potential; and all 3 are still in play, despite the risks.
The game continues.

GW - was going to ask if we could have that in writing, but...
;))
Hoping news falls on 1st March and not a day before...

If you don’t mind, could the news wait till the beginning of March, please? I haven’t finished loading up yet.

...concerns an asset that’s already been written off implicitly if you have read the last year-end results; not to mention, there isn’t much appetite for oil rigs in Devon....:

‘United Kingdom Onshore Licences PEDL330 & PEDL345 (Baron 8%)
PEDL330 and PEDL345 are onshore Licences, lying to the south of Wytch Farm oilfield. PEDL345 includes a major part of the Purbeck Prospect, which is being evaluated. However, the combination of the current low oil price and the environmental issues associated with drilling in this coastal area of Dorset has led the directors to conclude that it will be difficult for drilling to take place before these licences expire in July 2021.’

Now, if this had been Moray Firth after the Interested Party’s extended evaluation, it would be a different matter. But it wasn’t. And the lack of movement proves that point. (The SP has moved more on no news or reason at all).

Keep calm. Carry on. And wait for news on our assets which actually have potential.

AIMOHO...blah blah blah.
T

A - still here. Switched to paying ii for L2 so no longer using MyTerminal.. and thus no longer watching the BBs as much. Actually feel much better for it, strangely enough.
Looking at the red across my portfolio, am now thinking it may hold until the end of the month, which will make me very happy!

...had a busy day at work today (WFH, let’s not get too excited), and hardly read these boards AT ALL. And felt all the better for it!
Wore off by beer time, of course....

Feb 26th. If news hasn’t dropped by then, I am buying to lower my average. Broke till then, otherwise would have done so already.
Dip today wasn’t on volume. Someone will be buying up cheaply in the know.
GLA.

Will it hold until the end of the month. That's the million dollar question....

..and a good follow-up post, too, BB.

JzD - if not vaccinations, a cafeteria that does a damn good smoothie...

Found the source... google; 6th down on the list... lol

https://www.smh.com.au/politics/federal/a-new-coal-fired-power-plant-would-cost-3-billion-drive-up-energy-prices-and-take-eight-years-to-build-20180403-p4z7jg.html