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more for me today !
I believe we will get oily news in the next couple of weeks .
Someone always knows what`s going on , so I think the first spike could come at any time . I think we have drifted well below the value of Non Opps + income and Paradox with it`s potential does not seem to me to be credited with any value .
Surely that can not be right !
VGLA .
but not surprised to see a further decline today .
As they say : " Dead cats don`t bounce " .
For those who feel Trapped ~ Good luck .
For those who feel it`s hardly worth selling now ~ Good luck .
For those who feel they haven`t got much to lose ~ Good luck .
For those who just don`t know what to do ~ Good luck .
For those who think there is value and believe in a recovery ~ VERY good luck .
I hate these AIM situations where Companies with seductive possibilities turn into an investment nightmare .
Usually it is the fault if incompetent or dishonest Management who become exposed through lack of funding and financial support .
But remember ~ `Something is always better than Nothing `.
So ~ Good luck whatever you decide to do .
FWIW : I remember when I first invested here well over three years ago I think Mr Aandi was also new (ish ? ) to the thread and he posted something along the lines of ;
` I`ve packed in my job , I`ve taken a position here and I`m taking a year out to follow the the progress of the Company `.
I did think it a strange post at the time . I remember he was questioned about his intimate knowledge of the Company many times and the response was always that he was simply a PI and did all his own research . Even in the last few weeks I think that he denied that he had ANY direct contact with DP or The Company .
Mmmm ~~~ stretching credibility beyond credible .
Perhaps Mr Aandi is in fact Mr David Palumbo !
13.47 : Deanisbooty : Yes , just had a look .
No way PI`s , or anyone else is piling in here .
After a placing on AIM , the SP ALWAYS retreats below the placing price as the finance facilitator churns their holding and gets the rest of their cash out . The suspicious `Italian spike` probably enabled them to to achieve a nice little earner for providing the cash .
There is no doubt in my mind that the game is now up here . Directors are sure to have the last slurp in the trough from the 3M raised and then off into the sunset . Perhaps the corpse will be sold off for a bit of Taxidermy , but sadly I just can`t see any remaining value in here for PI`s .
Typical AIM . Why we fall for these `Director `scams I just don`t know .
My Broker once told me : " Something is always better than Nothing " .
Good luck to all the remaining brave investors .
Just ~ imho .
Good luck to all who
I sold out here some three and a half years ago and have been watching `Developments ` from the side lines .
Following the Italian news , I thought it might be a good time to re enter so i took a little position . The lack of a sustained advance and I fortunately sold out for a small loss on Friday ~ Phew !
I love the Tech , but I doubt I will ever return again . This is a very long term project and unfortunately DP has proved to be totally unworthy of driving the projects . This seems to be just another one of those AIM lifestyle Companies , for a few .
The dilution has been horrific , and should never have reached these levels if the business had been managed more carefully .
Good luck to those who still support the business . I hope it all works out but Director change and a revision to their business strategy seems essential .
A very lucky escape for me .
AGAIN !
Back to c.7p before clarification re the 36/2 .
Should be nailed on when Wiliston wells income is confirmed .
Can`t think there are many Oilies who have self funding exploration income .
We could get a real kicker next year when that silly old Biden goes to his retirement home .
Bought a few more today : 49999 !
GLA
Fwiw : ~ I think the mistake many of us have made is thinking there would be no problems and that timescales were a definitive road map to production and growing income from Paradox .
I have no idea why there have been extended delays .
Although the situation here is disappointing , I still believe this will come good , how long is anyone`s guess , but to quote the often very well used cliche on here ; `Patience is required` .
VGLA .
LOL!
My Sister had one , She was / is to this day , one of the worlds worst divers ;)
I can`t remember how many times I had to go and get her awful pale blue Morris out of a ditch .
You could always hear her coming , but often couldn`t see her for clouds of blue smoke .
Eventually it gave up the ghost because it constantly ran at 5000 rpm + , she never learned how to get into 3rd gear !
~~~ Hey ! The sp didn`t go down today .
c. 80 M mkt cap must be covered by non ops .
Paradox / Potential in for nothing , that can`t be right . bwdik .
~~~ Also , as is usual there are always subversive elements and professional trading groups actively involved to disrupt and manipulate markets . These activities are particularly rife in this AIM market .
It`s not difficult to see why some private investors are persuaded to sell .
I will continue to wait for truthful information provided in RNS by the Management of the Company .
VGLA ~ LTH .
No point in my commenting , it`s all been said at least twice !
Except to say
* Absolutely delighted by this news . (Expected ? Yes !)
* The fun really starts now ~ So much more to come .
* Many many congratulations to CH and his first class management team .
AND ~ This is so very , VERY , cheap for simply the best and most exciting opportunity Company . ( imo )
V ~ VGLA (LTH)
! Yes !
A very transparent , repetitive trading pattern that has persisted for ; ~~~ weeks ?
Making a market ? or Milking Mates Rates ? The MM`s MO .
Whatever , short term it matters little . Long term positive .
NO flaring ? Excellent ~ don`t waste the Gas !