Member Info for The3rd

Yet . . . the market is telling you something else . . . the “NEGS” are right.

Where’s WOS?!

I was in for a few years, since 2019?. Following the disastrous drop recently from the mid-2s I got out completely a few weeks back thanks to the ramptastic WOS Messiah who kept the price up a few days to allow me to get out. I never take more than a 50% loss, but have ended up with 56% down.

This company is going nowhere and is increasingly uninvestable. A raise is pretty much guaranteed: the greater the rate of WOS-tastic nonsense the more likely that is. The Mongolian government is trying to tell you something with its continued failures to progress this: no government with reserves in place leaves things 10 years + to then get going again.Get Matad bankrupt, ideally not far off when the supplies are needed for the refinery, and get a deal with Chinese interests instead.

The whole set up reminds me of BPC (those who know, know): get out while you can. I did well with BPC as it became clear what was going on: I might be back in Matad, probably once the sub-1p placing happens here and trade the ramptastic greed of future prospects which will never arise.

WOS et all are trying to support the price for the inevitable raise. Look at the posting history in the run up to the last one, and the mysterious silence for a while thereafter . . .

I have some rhetorical questions.
How is your confidence coming along about CEG since the last time you spouted about your confidence here (you'd have to look at posting history to remember that)?
How can anything said/posted in respect of a fictitious anonymous name on a bulletin board libellous?
Judging by your p*** poor forecasting with BPC/CEG, are you busy sending your supposed companies to the knackers yard as well?
Having 'come out' as supposedly having close relationships with CEG (LOL) do you accept you've sailed pretty close to the wind or gone over the line on FCA rules around market manipulation (clearly you're there on blatant ramping, surely you accept that now)?
If you can't say anything substantive at all about "Two of my companies have signed an NDA with CEG. The contents are confidential." then why bother to mention it all on a public bulletin board?!!?!?
Are you aware that NDAs written by anyone other than Noddy usually state you can't even mention the existence of a NDA agreement?
I smell bull**** . . .

Private_Investor: probably the best post written on here in many, many moons.

Adherents of the delusional Starchild and Petrodollar/Bonum School of Deluded Thinking need to read it several times, after flicking through their deluded posts here of the last year.

None are so blind as those that cannot see!

Hi rtvk

Ignore your emotions here: what is the story, price and volume telling you? Have you read the RNS about funding?
There’s absolutely nothing wrong in selling up at a loss something that hasn’t worked out as expected, just don’t let how you feel get in the way of your decision.

It’s been known that there has been oil present in the Bahamas since the 1970s, when all the majors left.
BPC targeted, don’t forget, it’s independently highest rated well and still drew a commercial blank. The Bahamas is now dead as any kind of oil producing country, particularly in this environment. No-one’s going to be funding oil exploration licenses in the Bahamas.
As for the CERP stuff . . . very much doubt it will be BPC developing much here . . . funding is now a significant issue once the well closure costs are all met and the 2.3p lender share price guarantee.
This is done.

I’ve never claimed to be a “know it all” and if the drill had been a commercial success that would have been fantastic . . . but you’re missing my point. The ridiculous rampers just ramped with little in the way of substantive analysis, and ignoring price reaction, volumes and actual news.

Reading through just a handful of their posts now would be instructive: nothing of any use other than sometimes daily “be confident because I am”.

The real story for over 10 years has been a busy data room which never saw a farm in partner, problems getting funding until the last minute . . . and even then on appalling terms . . . and a government that hasn’t exactly been exuberant about drilling. Everything that was needed to be known was all there: the truth of the situation at any one time was not in the BOD’s hot air . . . that’s what they do!!!!!! (Eytan’s “watch this space”, LOL!!!).

That’s why this was a trading share and was never one to hold anything more than a token amount for any drilling outcome.

The company now doesn’t have the cash to meet its intended 2021 plans (after it’s funder share price guarantee) without any further fund raise . . . and who the hell is going to fund it?!?! And how?

Read the very clear funding warning in the funding RNS.

Wouldn’t be at all surprised to see this suspended in the coming weeks.

. . . the likes of Starchild, Petrodollar (aka Bonum), Noviceinv, Willec etc etc etc should hang their heads in shame: too emotionally attached to a share with almost zero appreciation of the downside risks or even the right of other posters to raise them.

A disappointing outcome but the price and volumes and newsflow over the years were what needed to be paid attention to, not the narcissistic mutterings of amateurs.

This company is done, regardless of what BOD come out and say: they’ll no doubt pump the CERP story to keep those salaries flowing and Stargoon will be back in another guise to join in the delusion.

Proselenes and BigSi were absolutely right to highlight the downside case: and shame on you if you contributed to the ridiculous witch hunt. But you’ll never learn!

Confidence doesn’t determine if millions of years of evolution have created oil thousands of metres below the sea bed, regardless of who spouts it.

Sorry, but no-one here is the messiah.

Just wait for the result!

The only possible reason for this post is narcissism: pointless.

. . . that endless protestations, completely incorrect forecasts and trying to force 2 plus 2 to equal 5 doesn’t make a jot of difference to the share price.

All while suckering in dozens who’ve thus far lost a lot of money.

The binary drill outcome will have a share price effect completely unrelated to anything posted here, but it kept someone occupied, I guess. I just feel for all those taken in over many, many months.

Meanwhile, the group masturbation exercise will no doubt continue.

And what happened to Willec?!?!

Yet, apparently having found oil and tested it ... the price performance remains utter crap.

The deluded souls are back.

Great point ShareScare, particularly where individuals set up multiple user names to cover monumental ramping failures.

I agree Brynjon, but the volumes need to be at such an extreme for the influence to arise. There seem to have been just a handful of these instances with BPC over 10 years-plus.

Noviceinv

You complete tool. The more enlightened among us realise that no amount of bulletin board posting has any influence on any share price. I know this. You, however, appear to be unenlightened.

I still have a holding in BPC, but I’m well aware of the binary risk outcome. More the point, it’s free, because the enlightened realised many moons ago how to play this one and sold up at the far more attractive prices that were still available once it became obvious how this was going to play out.

So no paid derailed here, I’m afraid,

Goon.

Brilliant post BrutalDeuxe. There have been far too many ramptastic-only posts over the months and anyone daring to point out an intelligent counterbalance has been shot down in flames . . . only to have been proved right in their cautiousness after all.
Willec seems to have disappeared with the ridiculous pre-spud price forecasts, Starchild failed to appreciate what dilution means (among other points), and Petrodollar (aka Bonum) had to reappear under a new name to avoid the embarrassment of his former moniker’s statements.
It’s the newbies I genuinely feel sorry for who bought into and joined in the chorus of misguided positivity.
Shares don’t care about sentiment: the best lesson is the price tells all.
Here’s hoping to a more considered board on what is really only the final binary outcome . . . pending further massive dilution.

We’ve had the daily guff from Starchild but without the ridiculous SP predictions . . . but what’s happened to the continuing ramptasticness of Willec and Petrodollar (aka Bonum)?!?!

Are they rightly hanging their deluded heads in shame for suckering in Eytan’s “unsophisticated investors”?!?

So what happened to those ramptastic pre-spud price predictions by the likes of Willec, Starchild and Petrodollar (aka Bonum)?!?!!!

The predictability of share price behaviour was pretty bleedin’ obvious since the beginning of the year once dilution flagged as the only way forward.

It’s been an ideal trading share for months, and now a (free carry) small rump remains for the binary outcome!