The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Exactly on the button Spike - Logging usually takes about two days and then it will all depend on what route they take next to decide on how they are going to get best results and for how long they will test for - if the decide to do EWT then it could take a good few weeks for those results. Basically they need to log first to figure out what they have and then make a plan.
My guess is an intra day RNS late tomorrow afternoon or Wednesday morning five or take.
What makes you say that?
There is literally no volume which means there is no news good or bad. A waiting game...... As I'm sure you are aware we will soon find out if there's a leak with good or bad news as there will be massive volume and a spike up or down.
Until then it's just a waiting game.
and hope for good results soon - not a massive holding like some but over a 100k so would be lovely if we get a nice positive RNS.
Possibly to say TD has been reached but logging still needs to be completed for confirmation of what they may have found. This normally takes a couple of days.
I have some more funds clearing from another trade on Monday so if no news on Monday morning I may buy another branch around the same amount.
Well we will see next week if it was a cheap price or not, fingers crossed.
Just to let you know the 3,924,999m trade was a buy as it was mine.
Maybe there will be an RNS Monday morning then as he can't talk about anything at the presentation that hasn't been released to the market yet.
Same MO every day recently
Here today, it's almost refreshing
When are flow tests starting and expected to be complete?
I think this is an important trigger for the market to actually believe when we have at these levels.
Cheers
I think that's my last top up and will now just let it ride out and see what happens. I'm happy for this to be a medium term investment and wait for 104 to be drilled, lots of news due over the next few months so time to sit tight relax and forget about the noise.
I think the 30% would come in very handy if it was a buy out or farmin
Maybe the Super Major in question is very close by and already producing from Djeno so they know what the possibilities are once it's tapped into properly and they were just waiting for confirmation the structure is in our acreage.
The bit in the interview that got me thinking was the part where he said about having a meeting with a super major that afternoon, this makes me think wow they didn't mess around and acted quickly but who contacted who for the meeting and where could it lead? There could be several options there such as an offer for the pipeline or JV for the field development or even buy out. I guess I just find it astonishing how quickly the meeting has been organised just days after TD, this says to me that these other big boys in the area are very interested in what we have found or our BOD's are very well organised and pushing the project hard and fast which is very pleasing if that's the case.
T123ham - AAOG still have the authority to place an additional 40m shares without further shareholder authority - SERIOUSLY have you still not learnt anything today from what people have tried to teach you??
Okay I'm calling your bluff whats your name and brokerage you work for so I can look you up to see if you have any qualifications what so ever because I think you are waffling Sh1t, either that or you got hired by some chop shop offshore brokerage as telesales and your only qualifications in working as a broker is selling advertising space in the yellow pages.
So you must be some kind of sadist then as you are actively trying to force the SP down below your average SP and spouting a load of utter garbage about Nominal SP in the process, I haven't got the time of patients to try and educate you anymore on this but if you truly are a broker then you wouldn't be working on my desk for very long.
Thank the lord you aren't my broker - they must love you.
T123ham - you clearly have an agenda here so have some balls and just come out with it....... What's the entry price you're looking for?
My agenda is to make money from stocks that I believe have growth in them, all you are doing is making yourself very busy trying to slag the company off so what's your agenda? be honest
Then why were you trying to mislead people?
The reason for every share having a Nominal value is so that every share has the same rights to vote no matter what price you pay for them i.e. if you pay £150 for a share it give you just the same power at an AGM to vote as the guy that paid 10p for his share because the Nominal Value is the same.
I hope that has cleared that up and put to bed the authority to raise more capital without being voted on.