Member Info for warrantwatcher

Not surprised in the slightest, yet another instance of not delivering what they have promised, the most worrying thing here is that this is totally within their control, would love to know the reason for the event not going ahead ?

This certainly isn't going to help in building trust with PI's ?

Yeah, and good old Investorworld pipes back up.

Trouble is company is still just promising to sort the debt refinancing, which has been a topic of conversation for almost 12 months now, maybe more. Why is it taking so long to sort this out ?

Also nothing further on the investor meeting that was mentioned in the RNS ??

Until this company starts to deliver on its promises I am afraid that sentiment will drift towards the usual for a Zorbas / Hogan enterprise and that is lots of hot air and little delivery.

Interesting that nobody has ever responded to ANY instance where those 2 have built a profitable and sustainable business ???

just sold mine, for a 20% profit as I held from before, good luck to all still in

Looking at what showed up yesterday there was a whole host of large size buys coming through from the previous day, my rough calculation was around £250k purchased.

Should help form a nice base above 10p ?

Also interesting the tweets from the conference yesterday, especially the comment " looking forward to working with you " in reference to Googles announcement

I've just logged on there for the 1st time ever, what a complete creche

Just managed to free so e funds up to take advantage of the drop, news on Tunisia & Sarawack can't be too far away now

Currently Zorbas is all out of goodwill with PI's, MM's and anyone around the city, so he he really does need to look at how he is going to turn that around as until then he has zero credibility and nobody trusts anything that he is involved with. Any rumour will no doubt be viewed skeptically.

I also think that there are so many that are deep underwater that there will be some serious selling into any reasonable rise - ask yourself why wouldn't there be ?

Anything like a ANR style non binding MOU won't do it at all.

I think unless he can complete a JV deal with a TIER 1 partner we won't see much movement at all

well its really ' lucky ' that FM19 numbers are way ahead of what was planned then isn't it !

Hey, Nickel welcome aboard, suggest that you go revisit your research on this, as per the podcast just yesterday the contracts that have been signed are for a minimum of 3 years, the revenues that you state are for a couple of months, so these will build over time, especially as other games go live. Oh then there is the small matter of other revenue streams that can benefit from the technical superiority of the Bids solution.

Suggest you go back looking at Nickel & mining stocks, or understand the business more

You only have to look at the debacle of Brexit to see how Politicians can manage to screw things up, the issue that I have is that it has taken this long to get to this position and the realistic expectations on just how quickly AST will be able to step through the ARSE swamp.

Personally I can't see it moving that quickly at all, there is no reason for ARSO to progress this in a timely manner at all ?

I liked the comment around discussing it with a trading platform !

Makes you think that there are so many different markets open to them away from just gaming, imagine the likes of Netflix, Amazon being able to target their advertising !!

Am I correct that at the start of the year there was talk of a meeting / open session in London sometime in March with Zorbas attending, if so has anyone seen further details ?

Just adding my tuppence.

1 - Minty was desperate to get re-elected, my understanding is that he agreed some time ago to step down, then flipped back to wanting to stay, this was rumoured as he wanted / tried to push through a debt for equity deal at a very advantageous price, oh and advantageous to himself. It was almost like if I don't get the deal I want I am not letting go of the reins. This is when he showed his true colours, I know this as I was the recipient of emails from him that quite honestly where embarrassing in their tone and content.

2 - It was clear at the AGM who has the position of power and is running the company, it is Graham, all the NUOG, MFDEVCO people looked to him for guidance / lead, this was also echoed in the various conversations after the meeting. BTW none of which gave ANY confidential information before people start assuming. I would also add that being someone that studied NLP the body language between Graham & Alan certainly echoed that.

3 - I picked up on something Graham said at the AGM which was around ' sometimes less is more ' which I believe the context here was around the different directions that the NUOG / MFDECO resources have been pulled, my personal view is that potentially GHS would be moved to the back of the queue as Graham was going to evaluate the status of what we have available to us then proceed with this he felt would reap the rewards sooner rather than later. So focus us getting a deal over the line.

The best summary I can give is to quote the Six phrases of a big project -

1 - Enthusiasm
2 - Disillusionment
3 - Panic & Hysteria
4 - Hunt for the guilty
5 - Punishment of the innocent
6 - Reward for the uninvolved

Now of me as some are starting to point the finger at Graham and the fact nothing has been delivered I am calling that we are currently sat at phase 5, now phase 6 is what those invested in will benefit from.

now will we take that step, tomorrow, next week or next month .......

Ian B, Guzzler is only telling you what happened, there is no way that Hogan or Zorbas have held their shares throughout, their far too greedy to do that

It's more a case of you not understanding the market that NUOG are operating in and the opportunity that is presented, yes the SP decline is disappointing and the comms hasn't been great but then personally I would rather they only released real news not something that can be deemed " rampy " then picked apart by the disbelievers - ultimately this is all down to the business closing a deal, that historically hasn't happened, however if you look at what has been updated and what was discussed at the AGM we know that they are actively seeking to close these deals.

Posters such as Sharelock have given you some really insightful pointers based on fact that make me feel more confident than ever that the deals will flow.

We are not an O&G exploration play proving up a single asset, we have a multiple plays to go after, personally I feel in the past we've tried to do too many different deals and not focussed on getting something concluded, but with GS at the helm I sense a different tact and therefore a different outcome !

Van, it also amazes me the amount of fictitious positive " news " that some keep putting out into the market, as Guzzler has said before there is an uncanny similarity in the " whispers " that certain posters attempt to spread in order to pump the SP to either enable them to sell into or assist them in getting a placement away in a manner that suits their personal agenda ?

I have found that the most insightful view is to look at who has said & done what historically and use that as an indicator to the future, after all as the saying goes its difficult to teach old dogs new habits ?

At a headline this business is operating at an increased level which improves it's chances of increasing in value, but only if those pulling the strings allow it to.

Like I have said before, go take a look at the businesses that Hogan & Zorbas have been involved with or promote over the last 3/4 years, and there is nothing there to demonstrate that they have the ability or desire to build a sustainable, profitable business that delivers against it's promises.

Get the re-financing sorted and then maybe the worm will turn

The only way that this would happen is consolidation ?

Oh wait Zorbas has current form for that, look what he did at ANR ( before getting booted out ) and also URU

It's all relative as if you look RMP fell a lot harder last week so it seems to be correcting itself ?

Exactly Guzzler, just hope that those people looking at this do their homework and look at the history of Hogan & Zorbas and understand that this is just the same mode of operation from him & his cronies.

Please don't take may word for it look at the facts and the track record, don't just take some post on LSE or twitter post as gospel.

You even have to look very carefully at what comes out in an RNS with this lot

Seen plenty of complete BS rumours fly around, not a great surprise that its started here, also see Hogan has tweeted about it. Smacks of desperate measures to try & pump the SP on yet another rumour propagated by him that will come to nothing.

As I've said before Hogan & Zorbas moving on as well as the debt refinancing getting completed is what will start the SP recovery.