Member Info for V111JAS

Boys ~~~ Boys , Surely the best 1988 song in a very BIG way :)))

https://youtu.be/H_wLZyL7w-Y

~~~ "Ok i'm a liar," ~~~
LoL ! At least you got that right .
How stupid to reveal having some knowledge about the Company months ago , yet only joined the discussion today .
~~~ makavelian moron !

Mr `Member since 16th December` ,
If you had said `They are still testing ` , you `Might` have had a tiny bit of credibility .
~~~ Idiot .

~~~ "cleaning up from drilling fluids" ~~~
PR were not there last week . There is no way the Company would make a comment like that over the phone to someone who says he is a shareholder .
I believe that to be a blatant lie .

Hello Fantasy , just looking in out of curiosity to see if anything has changed ~~~
errr ...... nope , doesn`t look like it !
Except , I haven`t wasted any time reading the same old :
`Finance tomorrow / mining about to start / diamonds worth millions etc `
I don`t suppose anything has happened .
Have they got any money left ?

Good logical thinking Hepseal .
You could well be right , I hope so , but if it all takes a little longer then so be it .

This sounds so familiar :
" Build that Wall" ....... "And who`s going to pay for it ?"........." Westminster " !

What I would like to know is ; how does Scotland plan to :
1. Deal with their current debt and overspending (Particularly on education and health .)
2. Meet the fiscal requirements of an Independent Scotland .
2. Manage their future financial requirements without Westminster funding .
Perhaps Mr Plum could elucidate ?
(Please don`t say : N Sea oil , Joining the EU , or Nuclear base charges .)

~~~ "Remember a few weeks ago when the SP was 5.5p to buy ?" ~~~

How could I forget ? I was a lot richer then :))

Terrier ~~~ I find your post somewhat in line with my own thinking .
About four weeks ago I posted :
~~~ "I believe that the MM`s have been messing around with the trades and the spread since the last holdings declaration . So
I suspect we may see a TR1 before the end of the week .
Either an addition to current declared holdings , or possibly even a new major investor ." ~~~
I was wrong , we did not !
However the trading since 12th November has only served to further fuel my curiosity .
I am i no doubt that many PI`s have either reduced or even completely sold out , some have admitted as such , and some I note no longer post on here ( a more dignified position ) . The consequences have been obvious with a gradual decline in the SP . What is not clear is the extent to which these shares have been absorbed and by whom .
IF , an entity had placed some very significant order four weeks ago perhaps it has still not been filled and would then not be required to be reported .
I wouldn`t bet on that , I was wrong before !
BUT , this is AIM and everyone should know by now that just about anything goes . I remain suspicious of the trading pattern here and when big trades do pop up with little sp impact , it just gets my `Spider Senses` tingling !
Anyway , it must be getting close to some News flow , so the `Doctor` is possibly on a pretty safe bet to enhance his tipster reputation .
GL fellow sufferers who are determined to stay the course !

The way I see it :
* IF , 38 were a total disaster they would have been required to RNS by now .
* IF , they were still testing , it would be perfectly reasonable (sensible) for them to wait until tests were complete .
* IF , there had been some improvement with 16 they would be required to RNS .
* if , 3D had been completed they would have been required to RNS .
* IF , and when they sell the oil in storage , they will be required to RNS .
* IF , there had been a material change in their finances / operations plan they would have been required to RNS .
* IF , there were preliminary ongoing talks about an acquisition , contract or T/O they may be bound by confidentiality agreements .

Of course all the above may be ongoing and /or incomplete , in which case they would not necessarily be required to update the market until they have been completed .
This is a very painful time for shareholders , but after the 16 fiasco I fully understand just why the BoD are staying tight lipped until they can report with competence and total honesty , hopefully with some seriously positive news . Another PR charade like 16 would be nothing short of disastrous .
I`m as frustrated as others , but remain very positive about the final outcome because there is so much more to come ;
AND :
AF, JF , BAGO , 3D and their drilling program next year could see a dramatic turn in fortunes .
GL.

~ " I sold a while ago but recently bought back in im now " ~

mm ...... I did think your posts had slipped a little toward the critical negative during Summer / early Autumn .

Quite right Hepseal !
Add another 20% after # 5.
Which would make any T/O more likely at perhaps a number in excess of 40p !!!
~~~ We can all dream ;)

My hope is that positive information is managed in stages and released via several different RNS .
1. 16 update ~~~ c. 7P / 9p
2. 38 positive result ~~~ c. 10p / 12p
3. Oil production / sale ~~~ c. 12p /14p
4. 30 Spud ~~~ 14p / 16p
5. Gas connection /sales ~~~ 16p / 20p
[ 6. Takeover ? ! ~~~~~~ Pick a number not less than 34p :)) ]
Who knows , but I do think we only have a little fundamental or potential asset value priced in at the moment .
The deafening silence has clearly impacted the attraction and share price here , but news before Christmas seems highly probable .
GL .

Thank you Hepseal .

Would some one kindly post the link to that podcast ?
Thanks .

~~~" How can the company hope to pique interest in the business if they do not keep us appraised?"~~~
*Perhaps they don`t want/need to .
*Perhaps because preliminary T/O negotiations are going on .
*Perhaps they are still testing .
They`ve certainly got themselves boxed in after the PH fiasco , so they will most certainly be very careful about how they proceed into the future .
Good , bad , or neutral , they will have to break cover soon .
AF, JF and BAGO maintain my belief in a positive outcome .
GL

Is anyone else frustrated by complete lack of reliability with their connection to the LSE threads ?
Their apologetic ~ " OOPS , something`s wrong ." ~ message is becoming the norm when I log on .
Can`t they fix it ? Seriously VERY poor .

~~~ and while mentioning `Up and Down` , I am suspicious of the no up and down for the sp .
It`s been as flat as a witch`s tit for weeks .
The next trend is likely to be a big up ~ im`r`o !
GL.

It is .
It has become increasingly frail over the last few weeks , obviously they have some as yet , unresolved technical issues .
I certainly would not be persuaded to buy their Premium service !

Djm ~~~ IF _ 38 had failed , the Company would have had to advised the market by now .
Tucker raises that interesting issue regarding `Takeover` again , which might explain the silence , the share price and the Solo connection .
So often shareholders are disappointed by takeover price v`s expectations .
However , from 5p there will likely be a sizable rise in price . imo..