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If 35p won’t appease I assume you want JP and team to drill on should any suitor fail to value us a £500? Or £1bn. I think we all need to be realistic and whilst the horst and strategic position in Morocco has value there is zero chance of a £500 - £1bn exit after the te9 & 10 performance. Unfortunately Brian and the team shot low quality 2d seismic and rushed the interpretation leaving is all wondering WTF the song and dance has been about for 4-5 years. I’m not averse to drilling on and wish the team has focused on 3 paleo targets and stuck to a commited programme of drilling rather than piecemeal semantics around ‘up to 3 well terminology, now they have given up the ghost after 2 unsuccessful wells. Based on JJ’s contribution to date I’m very unimpressed but will reserve judgment until the process has drawn to its conclusion. However convinced a large placing and further drilling awaits.

‘The Company confirms that, at the time of this announcement, it has received a non-binding proposal regarding a potential sale of the Company and various other indicative proposals regarding the sale of certain assets of the Company’.

It appears from the above that a non binding offer has been received for the company in its entirety. JW and GC are now allowing ONGC, OXY et al the opportunity to make a bid for the strategic assets that complement there existing in country positions. What will ONGC pay for CPO-5 in isolation ? Are OXY now wanting another player to come in as operator just as they finalise seismic interpretation or is the landgrab and OBA worth taking out now to avoid the headaches? Hmmm game on (28-32p my guess)

Indeed big smoke. Anywhere else I’d read the protracted testing timeline as a positive indicator. Noted they have LS1 & 3 net pay but in my experience with amer a long lead time equals buying time to cloak the results with an update on next milestone. The BOD need to show some balls and accelerate or at least demonstrate the route to exponential growth. Nothing priced in at present.

When are we getting an update! If non commercial
The timeline will seriously frustrate. Are they waiting to wrap the poor result with context of rig en route to indico 2. Ffs get on with it

Jumped to 5k + classification overnight. Absolutely convinced that many attending would happily pay £5.99 to buy the wireless weekend pass and relive the weekend. Brilliant stuff.

Haha very true. You get my gist - MVR are still testing the marketing and understanding the right price points. I see the app as a great way to raise awareness about headsets which are increasingly reaching a commoditised price point. I’m convinced the format is a winner hence I’m invested. GLA

Bunsen. In the winter people still listen to music and want an immersive experience beyond YouTube , perhaps festival goers will buy the shows they went to last summer and experience it again from home ? Really think music appeals to everyone and the in app purchase model means huge huge revenue potential. Those in India can probably buy the wireless festival experience for £9.99 etc

Now number 31 in music apps category. Was 101 at 10am this morning....! Massive potential.

Having downloaded and reviewed the content I had to buy in. Whilst the full immersive experience is best via VR headset the IOS and android app which plays back in 360 will bring this to the masses and to my mind encourage uptake of VR headset. For now we need to take the content to where the eyeballs and audiences are and seeding through Facebook licensing is a massive deal. I can see brand sponsoring exclusive passes and the engagement levels on the 360 videos being through the roof. This really just needs to be proven now via downloads and MAUs and it will ROCKET. I’ll be checking out wireless in the app at 3PM! Huge potential

Results and finally the patience of LTHs being rewarded. This story has plenty of room to run and we may even see a major show their hand before year end. Stonking potential and definite HOLD for multiples of today’s share of today’s share price.

I must definitely be entering a bad place psychologically when it comes to my sound holding at present. The thought has even crossed my mind that the recent raise might cover the professional services fees associated with the next placing, which if a bid is not forthcoming may be large to allow for a 5 well campaign and dilute us all to high heaven. More promises of multiple veyron zones etc or whatever new spin the great commander parsons needs to herd the masses. Honestly can’t see any bid sub 30p even being worth notifying us about and am increasingly certain our valuation will not be met. Raise and drill on mark my words! In to till the end now - #nightmares in the desert

Lots of conjecture on here which will persist until results out. The share price is irrelevant if you have strategically retained a position for the long awaited drill and holding for results. Many early investors have cut their position and retained a free ride but borne the 2 year wait. Those arriving now have to assess their appetite for risk but this is not a binary result and ECO are funded for multiple wells. Any significant discovery will move the SP to circa £2 and potentially beyond as prospective lead inventory is derisked and attributed a value. Exciting times and I can’t wait for the results and 30-40 day countdown to begin.

Surely must be announced this week. 17th June we had confirmation of LS3 27ft net pay and 10ft in LS1. Surely a commercial flow rate will be achievable. ONGC definitely driving comms which is frustrating - 14 days testing thus far and no news !

News surely out next week. 27ft net pay should allow for commercial flow rates IMO albeit any booked reserves will be dwarfed by indico. I can’t see anything but upside into 2020 but few on aim have the patience to hold when there are rainbows to change. Ongc are gearing up for a big push in 2020 and CPO5 will be a jewel in our crown. Long term hold for me.

I agree diversified and have run similar calculations. I don’t believe the hammerhead appraisal results will necessarily lead to immediate disclosure of unitization talks or any hard facts on attributed reserves to orinduik JV partners. Exxon total and Tullow reps will take time to convene but the market will start to price in a mini discovery on solid news. Personally I feel very confident that should we have 2 discoveries a £3-4 buyout could immediately follow from TOTAL. Fingers crossed. I have derisked along the way but have kept a large holding for the fireworks! GLA

I imagine results will arrive in early August and either lead to a stampede or an overreaction by the market and fall to circa 30p. If the latter happens I will simply load up again. It is illogical to believe that the adjacent discoveries and geology end at the boundary of the orinduik licence area. This is the best risk vs reward play on AIM. I still wonder about the deal with TOTAL and the value attributed to the 25% stake. Having said that the financial horsepower and 15% could be huge if starbroek results are replicated. We are all now playing a waiting game and I will definitely stay the course for results. It will be interesting to see if we tag £1 prior to results.

Will bring everyone and there dog chasing this down. HOLD all day long

Is the prize and DS & JB need to get the plan together pronto. No doubt this asset is worth many many multiples of Mcap. Take a look next door - geology here is simply word class. Deramp all you like at these prices the upside is enormous. Can’t believe they moved ahead with a creaking rig though - we need horsepower and plenty of it.

Rothschild fees = raise

BOD here have taken the biscuit now. 12m not enough to see us through a sale. I think te11 is now a nailed on next step. JP and JJ an absolute shambles. I need to cut the cord here once and for all. Totally peeved with this team.