Member Info for Watchouse

Looks promising? News tomorrow? We've waited long enough so bring it on. About bloody time I say. I have to admit that I did not see the election unrest coming. Hmmm! But I still think the share price drifting down wasn't justified looking at all the trades going through. Bloody MM's.

BARGAIN!

“RoJo, the Doubter”

RoJo wakes beneath a gray-worn sky,

His breath a sigh that doesn’t try.

He sees the dawn, but not the gold—

Just the tired light, the air grown cold.

He walks where others speak of grace,

But hope finds no home in his face.

“Dreams are lies,” he likes to say,

“Painted clouds that rot away.”

Love to him’s a passing word,

An empty sound too often heard.

He scoffs at faith, he mocks at cheer—

“They only bloom to disappear.”

Yet sometimes, in the hush of rain,

A flicker stirs beneath his pain—

A warmth he hates, a spark he knows,

That dies before it ever grows.

For RoJo fears what hearts defend—

That joy, if found, might one day end.

So he keeps his sorrow, sharp and clean,

A faithful wound—his one belief unseen.

Amen to that Wookie. Let's but some more AEX instead!

News is well over due Crusty. But at least we know it's coming. It is the last 'missing' piece of the jigsaw. And we know the pipeline construction will have boots on the ground very soon so at least RoJo and his 4 mates will be able to see it taking shape from satalite imagery. No doubt they will poo poo that as well. When news does finally arrive about rig, I wonder what they'll moan about next?

Prosciutto... The Wednesday scaremongering idiot. Yawn! Boring!

Yawn! Boring!

I certainly don't reject them drilling later. We just are all guessing at moment and there are a few options available including the M&P rig. Hopefully we will find out their plans very soon. Anyway, just arrived in Cape Town for 3 weeks so really hope news lands before I get back.

Come on then... own up, who's just sold their 12 million holding? Was that you Crusty?

Wow! RoJo has made/got a new friend! lol

You're not going to see the pipeline till January RoJo. Why don't you get that? The only missing piece of the jigsaw is what ARA decide for the rig. Just a little bit more patience needed from everyone. We all know, except you, that news is coming about rig plan. Still a good time to top up.

I have heard now for years that MM's manipulate the bid/ask price. Have started watching some interesting YouTube videos about this to try and understand how they work a bit more. At least the spread has now reduced which is positive. Just wish ARA/APT will hurry up with that rig news. It really can't be far away now and should determine the direction and momentum. We know the pipeline will start in January even though some here won't be happy until there's physical evidence showing that they have started digging.

Interested to know your definition of a big buy. There were most certainly what I call big buys last week. circa £25k and circa £50k in my view are big buys, especially for Aminex. And then there was the £458k buy. The £169k looked like a sell.

The MM's were/are definitely holding the price down. Why else would the price not increase with all those big buys going through? It is clearly being manipulated in my view for whatever reason. But like I said, I don't fully understand how they work. Maybe they are still sitting on a bit of a position they need to get rid off and the buying has dried up. And yes, I have said quite a lot, we now need the rig news. I do hope it's really positive so the MM's can set a good/decent price increase before the real fun and games begin.

Hi Crusty, the MM's are clearly holding the price from the recent placing. So my assumption is that 'normal trading' will resume when the placing process ends next Monday when the new shares become effective. I have been trying to learn/teach myself over weekend how these MM's work. Am happy to take your wisdom as I'm no expert on how they operate.

One more week to get over before we restart the upward movement. 73 days to Christmas when in my view the fun and excitement will really start.

It will be soon for Aminex's turn to shoot back up 22%... and much, much, more. 22% is only back to 2.2p which is where we got to the other week. But who knows what the MM's will set the price at next good news.

Does anyone think a reverse takeover will be on cards by APT?

Did anyone pick up on this... Eclipse got option to buy same again at 2.5p.

'Pursuant to the Placing, each placee and Eclipse will receive one warrant for each New Share. Each warrant will give the holder the right to subscribe for one new ordinary share at a price of Stg 2.50p per ordinary share, exercisable for a period of 24 months from the date of issuance.

Thank you P26, very informative as always. I now understand a little bit more. So we have to wait possibly till 20 Oct or until all the shares have been placed/taken up. So unlikely we'll be getting rig news before?