Member Info for vicjain

ESL has been very busy over the last few weeks/months...with high business volumes, clearly this will have had a big boost to the balance sheet, also lower costs due to oil dropping. If ESL is not viable with the recent business, then what was the point of relisting from suspension. Their business has only increased, more than anyone could have predicted so if anything they have over achieved since coming back from suspension. The RNS has been designed to scare shareholders...very bad way to treat shareholders, but it has been done with an alterior motive. Why do people post here if they are not invested?? especially with many posts. It is obvious many that are not invested are looking for a low entry point. Hence Monday will see a big scramble to buy shares as this will be the best opportunity to get in at an artificially created lowpoint. So i expect a big recovery in the sp very quickly

With many thinking it will go down and then back up, the MMs may not even allow it to drop as i sense there will be a lot more buyers relative to sellers from the off. I do think the sp will recover as the consensus does seem more favourable after digesting the Friday RNS

Assuming there was no alterior motive for the poor timing of the RNS on Friday, i would expect a further 7am RNS on Monday of a more positive tone, maybe to give clarity on trading over the last few week,s for example, which surely has been much better than expected. If not then i will conclude the RNS Friday was deliberately timed to cause maximum stress to shareholders and for the benefit of the bigger players in the background

Business for ESL over the last few weeks has been strong, the RNS did not include any of this. It was designed to scare investors imo and the timing clearly shows that. There is an alterior motive imo to get shares on the cheap. ESL is not a tin pot company. They have good assets and a robust business. The present sp does not reflect the business and should be much higher imo. There will be a big scramble for people to buy in on Monday so i expect a quick recovery in the sp

The simple fact for me is the late rns was issued purposely at that time to instill fear and force the sp to drop...with that in mind...the bigger players have an agenda that would include scooping up cheap shares...With the other assets and strong recent trading through the cv19 crisis, esl does have a lot going for it imo....hence i believe the sp will recover to a higher level as things unfold...trying to pull the wool over shareholders eyes comes to mind....very underhand but typical of Aim...

Expecting many to buy first thing...any drop will quickly be erased imo....closing between 7p to 8p...if we have another RNS then who knows....

I think it is pretty much odds on that results will be better than expected due to Covid 19, so funding should not be a problem imo

Reading the board post RNS, it does seem most are overall positive about the RNS, having had time to digest and understand it, as it does seem to give some forward guidance and room to manoeuver now and it included elements already known about. Also seems the other constituent parts of ESL may be worth a bob or 2 so things maybe are looking more positive?

Seems the RNS was timed deliberately to scare shareholders, it did me. No one really could have had time to read and digest the RNS. Even now not sure if it is good or bad, however seems many here are generally positive about the RNS. Was the RNS deliberately posted near close of play for strategic reasons by the BOD???...it does appear so to me....wonder if some got caught out with stop losses or sold in panic?....just shows how shady and corrupt aim is. Hope the sp recovers Monday.

Why drop an rns like that close to end of play here. Complete pi@@ take. Is this drop really justified..?? really fed up with the way these aim companies seem to operate....so now have to wait till monday to see where the sp will go....

Agree Suthy, more buys today yet the published bid still seems not to have moved......With a few other shares getting mega increases recently, i think RMP will get a massive similar boost very soon....Permit news due anytime imo

Fairly standard for OMI, however wonder what those initial early buys were about. At some point this pattern will change and the sp will have a big sustained rise. Will catch many out no doubt

All trades, 4 of them, showing on Aqais/Nex exchange today and all appear to be buys

Stopped being excited about OMI a long time ago....Soon thought the sp will actually move up big time as eventually Newmont will get things moving here...a burst of blue today all lf a sudden, the same will happen again when the ball gets rolling here and this could come anytime now imo and will be a mega move upwards...this has been dragging on for way too long. Just hold and wait as those on the sidelines trying to time their entry could easily miss out on the big rise imo

Looks like all buys today, all showing on aqais/nex , 250k, 55k, 101k, and 420k buys showing....sp much start to move up now????

250k buy showing on aquis/nex at 0.462p at 9.55am. I assume this is your buy being hidden over there Ianjan?

Just means the MMs are able to screw over those that wish to sell, maybe due to lack of action here, bordom or for them to releases their money for other reasons eg chase other rainbows. This is typical of many aim shares, seemingly dead but will move up very quickly when news drops. Expecting the sp to move up very quickly when news about the permit is released. A lot of patience needed here sadly however i don't think we have to wait much longer

The sp went to over 10p from a price below 2p i believe when Newmont came on board. Just shows how the sp can react with the right news...news from Newmont to start drilling will boost the sp big time imo and really get the ball rolling here...news regarding drilling must be due soon imo. Some biggish buys earlier on hence the quick move up in the sp....is this a positive sign that things may be starting to happen here? As Bhargav said, new BOD will have something to prove

Permit news would be a big positive here and would move the sp considerably imo....so any fund raising would be at a much higher level imo. Seems to be the way aim works...get good news out to boost the sp then raise funds if needed...the sp has been on a down trend for a while and is at a rather pityful level so can only see the sp moving up much higher from this level.

Agree. Permit news is getting very close imo and this is the next news due i believe....and mujst be imminent imo