Sambo, just taking a lot of heat so I'm a bit jumpy....apologies..... If theres any chance of a drill the SP would be much much higher. I'm holding as selling at these prices is worth nothing to me so I'm holding in hope of a drill or alternative use for AAOG.
The irony being AEX was going to be my last oil investment and I was moving to bit/crypto but at the time the crypto exchanges were still dodgy so decided AAOG was a safer option :-(
Unlike yourself COdey, who has spent months on here revelling over others misfortune for no apparent reason, according to you of course.
I wouldn't swap places with you for all the bitcoin in the world. It's a lonely world spending dirty money by yourself.....and that goes for the BOD of AAOG also. Scum always floats to the top eventually where its visible for everyone to see its ugliness!!!
I did post on the BB afterwards but only a few times. Crusty, Irish mouse and everyone else at AGM knew what was happening and would have relayed that to anyone who asked where I was after the event on the BB. I had to leave the AGM several times throughout the meeting due to the illness. It was quite a scary time when your legs and body are beginning to fail you in your early 40's. !!!
Also Sambo I want to reassure you that all the advice and researching I provided on here was backed by my belief in JB and the asset. This was not blind as I was receiving lots of info from management to back up my hours of research . Just to prove the level of info I was receiving I will post one more message that I received from JB earlier in the year. It's been hard for me to watch what's happened here when I was at the forefront of the positivity and lost all the respect of my fellow investors. It's hard enough losing your own money !!!
[02/05/2019, 11:40] James Berwick: As I said previously we haven’t launched any placing. J
[02/05/2019, 11:46] James Berwick: . As you are aware we unexpectedly had Djeno oil come to surface under its own pressure through what we believe to be a breach in the cement plug set by schlumberger at the end of the well when we were plugging back to the mengo. As a result of this breach we have been carefully studying the pressures in the well (every day) in order to ensure that whichever type of operation we complete next it will be safe.
With Djeno oil confirmed at surface and with a very good API we are in the process of deciding whether to drill through the plug or sidetrack and produce from the Djeno or to continue with mengo production once we have guaranteed safe operations. As soon as we are in a position to update the market we will do so as soon as possible.
Sambo, I absolutely dispute that fact. I sold most of my shares the morning of the AGM when AEX brought out another shocker of an RNS but the SP bounced to 3.5p. I was attending the AGM with all the big hitters from the BB including Crusty, Last throw etc and even Irish mouse appeared by phone link lol.
I told everyone I was selling up at the AGM because I had lost faith in the management but was also struggling with my health and being tested for MS and Lymes. Luckily after a year of tests my health problems were eventually revealed to be food allergies/intolerances due to a damaged stomach probably caused by chemo drugs Id taken earlier in my life.
So I did tell people I was selling but disappeared due to legitimate health reasons.
If I didnt care I wouldn't even bother answering these sort of questions. I feel for anyone who loses money on stocks buy the irony being my health issue forced my into selling AEX at 3.5p and it turned out to be a good move as I used the money to accelerate my business.
I hope this clears up a few things Sambo :-)
Doesn't sound like a man who's just about to run off with the crown jewels!!!
I have months and months of contact between myself and JB all through WhatsApp from his phone number advertised by the company
I also received this on 13th NOV
[13/11/2019, 10:39] ?????: Morning...Any inspiration for us James, March feels a long way off ??
[13/11/2019, 11:04] James Berwick: No inspiration, we have signed the best rig for the job which will come to us hot from ENI. Mobilization charges practically zero as a result of the rig already being in country and powerful enough to do exactly what we require.
Skittish, because I respect and appreciate all your hard work I will post this info I received from JB on 27th NOV (I'm not supposed to be releasing this info but screw them !!)
[27/11/2019, 13:23] James Berwick: No one is waiting... 103C back pressure valve replaced with a gate valve yesterday ready for rig arrival.
[27/11/2019, 13:25] James Berwick: The two tanks were used to collect oil during the process.
There were also photographs he sent as proof this had been carried out. So when some on here wonder why I was so positive that the drill was going ahead, it was because I was still receiving very positive info regarding this right up to 27th Nov.
How can you protect yourself against a CEO who provides this type of info ???
The world has it's own way of dealing with these people even if we dont have the power or backing to manage it . Their I'll gotten gains will bite them on the arse at some point but we aren't beaten yet and hopefully a few pleasant surprises to come yet for LTH AAOG shareholders.
Either way I'd rather live life without a pot to pi55 in than lowering myself to AAOG BOD level. !!!
I also wanted to throw my weight behind the ALIGN deal as I want to see our BOD held accountable for their actions. Unfortunately due to the legal situation I have been advised against posting on this BB but wanted to voice my opinion and stand side by side with those LTH I've spent so much time with. If you watch the early interviews with DS where he goads shareholders announcing he would not invest his pension in AAOG, It will make your blood boil at the sheer audacity of the man. Its now clear the plan for the demise of this company was already in action and it was only a matter of time before the collapse. How people could carry out this action knowing hundreds of innocent shareholders would be losing their savings is beyond belief and makes one question the society and legal system we live in, especially when you consider how our BOD are still managing to ignore the will of the masses !!!
However, Im a big believer that good always wins through so lets keep fighting for our rights and at least take a few down with us !!
Keep up the fight AAOGers ....... ATB TT
Ps could someone copy this message and repost when it gets taken down
At this point I thought I owed the good and genuine investors of this BB an explanation about my absence from posting here of late. For the record I think its absolutely despicable what our BOD have done to the shareholders here and liken it to a policeman/teacher stealing from a child. These people are in positions of authority and they should be trusted to at least follow the law and provide shareholders with true information. I do, however, have to be very careful what I say on this BB as I could have lawyers set upon me if I write exactly what I feel about the goings on at AAOG over the last 12 months. I was clearly in close contact with JB for much of this period and right until the last moments I was being assured the rig was on its way to site, WHICH WAS CLEARLY NOT TRUE!. So, you can rest assured Im doing everything in my power to ensure these people are held accountable for their actions and shareholders receive some recompense!! ( much of my contact with the BOD will hopefully be used as evidence for this process. )
I can only apologise to others who got caught up in this due to my positiveness (and although I realise everyones accountable for their own investment choices) you can be assured I feel extremely guilty for believing the BOD had our best interests at heart and the way in which I was manipulated to assist the backdoor activities . Not only this I know a few trolls were actually deramping this with prior knowledge of the dark plan which had been hatched, making their job a delight, AND OURS IMPOSSIBLE....... as they already knew the future!!!
With all this aside.... I just wanted to come on here tonight and wish all the genuine investors of AAOG the very happiest of New Years. We must remember this time is about friends and family because they are the most important thing in life, money can be replaced. However, my New Years wish is the families of our BODs find out exactly what sort of people they are !!!!
Have a wonderful New Year everyone........THIS IS NOT OVER !!!
First of all I wanted to apologise for not being around today but my business gets mental at this time of year and i cant afford for that to fail, like AAOG has failed us today. As a strong advocate of this asset/business model and JB'S abilities I would have at least wanted the opportunity to be around to say how distraught I was about this RNS today and have the decency to reply to fellow investors . I want to reassure everyone Im just PI like all of you and have never lied, shorted or received any monies from this company. This news has hit me very hard financially but more so morally, as I clearly feel responsibility for this BB and care about all its investors. My game plan like many was to catch the rise on the re-entry, then allow most of my holding to go through to results. As many know I spend endless hours researching and contacting the management to back up my investment. As recently as 27th of Nov I was told by management that "no one was waiting around, onsite valves had been replaced on the well head ready for the arrival of the rig". I didn't take this at face value but instead contacted onsite contractors to make sure this work had been carried out, which it had and I even obtained photographs of these works being done as evidence !!!
Im not trying to excuse my bullishness about this stock but just wanted to show its not just been on the back of a whim. My greatest apologies go out to those who have lost money here and I know people say there were warning signs but there always are on AIM oilstocks. These are not perfect businesses and that's why the SPs are so low. However, Tullow oil is a fantastic example that no investment is safe anyway and all investments come with risk not just penny stocks !!
Where do we go from here.?? Well I still hold all of my shares, for better or worse. Many are in my pension so I couldn't sell that many quickly anyway. I have not had chance to even read the RNS properly yet so will be getting back to everyone with my thoughts. I will also be contacting management but I'm sure at this stage they will be hiding under their desks!!!
This is a very tough time for us all and lets hope the faith I've put in JB at least provides us with an answer to this bloody mess......AND SOON . I know this wont be enough for some on this BB but like everyone else on here I'm just an investor. Id love to have the answer but without a solid drill date this business is up in the air.
(Apologies to anyone I have not replied to today but I haven't even read through the BB from today or had chance to answer texts and emails.)
Barking, Tilpapia is a class asset and the government of Congo want to develop it as much as us. It will happen imvho but we are at the mercy of ENI when the rig arrives. The site has been prepped for the rig and we will be ready to go :0).
However as I've stated before it's a 1 dimensional asset which can only run at one pace so we require diversity in our asset base from an asset like Tunisia and/or other asset .
Barking, regards the court case I think we will be notified if anything of significance develops. However, I do agree we should have been notified about the rig progress as we were informed by latest RNS with end of November date. It's been noted !