Member Info for valueseeker

Nariman - I agree. I have bought back half of what I sold.

Nigoil - yes, let's be honest, everyone just talks their own book.

There are lots of shorts wanting to close before the more significant news starts to hit. And other holders want to get in cheaper or average down etc...

I reckon there are a lot of posters here trying to talk the price down to get a few before the really interesting news hits the screen - Zama sale, arbitration award, Egypt sale completion, ukef confirmation, did, etc etc...

The farm-in deal is good news ( many are painting a deliberately grim and inaccurate picture of its benefits..(ignoring the positive change on the equity liability side etc..) just to get in cheaper.

It is extremely good news simply because it means the project WILL go ahead!

Nothing wrong with wanting to trade a part of your holding and get in cheaper... remembered there is a significant % short- they will also want to close as cheap as possible. I sold a percentage of my holding at 21.7 and 21.5 and bought half back yesterday at 19.78.

Waiting to see what happens next...

Whatever ownership structure arg has, it has still been spending most of the quarterly payments it was receiving from noble . Now that these are stopping it will no doubt wish to keep funds coming in so I expect a fundraising in 2020.

Tuggy don't understand your reasoning. If a partner waits for the licenses to expire arg is toasr anyway

Re funding - the noble cash dries up about now.

No more quarterly payments from here on

The board may think it sensible and prudent to carry out a fundraising sooner rather than later when funds run low and they have to do one so avoiding a desperate funding deal.

Wouldn't let me buy any shares this morning, I tried :(

Gozzie -prob why it's up 23% yesterday and now rising again today. No one ramping it and can't buy any

Falkland investor - re Argos, I noticed they wouldn't let you buy any more than 5000 shares online this morning and would take 100k plus sells

Now, I notice it is rising again. No stock available it seems?

Arg now up 23%

Does also show co has no problem raising cash - stakeholders desperate to buy larger chunks of co

The catalyst for the rise today was some big buys a 90,000 buy sparked the first rises there were other large trades. It could be that the placing shares overhang has dried up and there is little stock floating about now and most is now in strong hands.

Buyers maybe looking to accumulate now the overhang is gone and low volume will exacerbate wild swings imo

Reported at 15:26

Mani - I agree, price held at 60p to make an all out takeover at 120 - 150 seem attractive.

Down day tomorrow - bound to retrace

May hold off buying first thing tomorrow as results announcement is on Tuesday, plus the mms upped the price on Fri afternoon on a few low volume sells because of isa buying...

Will see how it all pans out

Zen - don't get rattled by the Pred/Mani double act pretending they delicate creatures who are easily offended. They are both devious, manipulative players with a very dubious agenda .They are also getting desperate as no holders are selling. They will be sacked soon.

LOL

Mani - don't slack on the job now. No negative posts for half hour or more??

Come on. Keep that sp suppressed. Keep it low!

lol

It looks like the shorts really are desperate.

Lol

No - just bs from Mani and her cronies who think they have the god given right to hijack the board and promote their agenda

Still, its good to see they are doing their job and keeping the price nice and cheap for isa top ups. lol