Member Info for wiltshireman

Been in an out of several of his picks in recent times mainly after short term gains but recently have settled on POW as others I feel are too high risk . As Alan says if only one or two of POW prospects come up trumps there is more upside than other 'one trick' ponies.

Perhaps I should have said 0.88p price target based on assets which of course vary depending on oil price which vary depending on current oil price. No calculation can be 100 percent accurate as variability of oil price and production life of the field is unknown. Seems as good an estimate as any other especially when compared to North Weald. Wytch Farm has made an excellent return over 40-50 years so why shouldn't W Newton and Wressle even allowing for declining N Sea revenues and BoJos unrealistic plans for zero emissions.

https://www.proactiveinvestors.co.uk/companies/news/936224/west-newton-can-transform-union-jack-oil-suggests-sp-angel-936224.html

Its not a problem. assets are worth 0.88p according to SP Angel, if you believe what they say, so only thing stopping this share is sentiment against oil and gas. Joke is that the UK will be on its uppers very soon and tax revenue from any source will be welcome. Fundamentals of $17.6 production costs can't be ignored especially when compared with offshore. Unless oil prices fall to the $20s again then onshore will be particularly profitable and anyone who believes that hydrogen or EVs will replace petrol in the near term is fooling themselves. Unfortunately the AIM market is full of sheep and lemmings who just go with what happens to be in vogue at the time (I do if there's money to be made) and pay way overvalued share prices based on hype. UJO is not one of them and has a very solid base and indisputable fundamentals.

Earthling. All the time I have been in here on and off 2-3 years in all PJs interviews he has stressed strength of funds and raising money by warrants rather than placings. I believe him but if he changes his mind for no good reason I'll be out of here. I would think someone who is a chartered accountant wouldn't let themselves to be forced into that position at least without some warning signs because he has a track record and reputation to defend. Unlike many others I might add. But then some firms of accountants are corrupt so we can't even depend on the big boys.

Some Kavango Resources info background to yesterday's RNS re: Kalahari surveys. Bit tedious but easier to listen to than read about.
https://www.youtube.com/watch?v=GrxrGyrJv9c

Someone must have been watching Johnners

Would you prefer placings rather than warrants Valhalla, I know which I prefer. At least we know who is buying rather than the broker and back pocket scams that often surround placings.

Kenny - Iook at the fundamentals and who is running the show for the time being. I won't add more as I could get myself in hot water.

just in

It was a spike MAG, a spike, happens often on AIM just need to be switched on to it, all part of the AIM casino.

8p at close you have to be joking Multi

AIMwatcher - chartered accountant PJ says we are on course, no insurmountable money concerns, who feels 'comfortable' with his company's progress, transparent with shareholder interests at heart makes a refreshing change. He also has a great track record, e.g. Greatland, and willing to communicate. It all seems too good to be true but IMO it is. So far of course. Well worth sitting through this extended interview as PJ's usually are. Recommended to lift the gloom of the ghastly media doomwatchers that we have right now

DYOR Maul, all they have is a level site and not much else apart from (serious?) interests in buying their boxes of tricks in the future to solve the plastic rubbish that is drowning the world. A long way to go before any money is made.

but that was yesterdays go-go share not todays.

Wouldn't be too sure what to believe he has a rather chequered past.

The lemming effect - great wasn't it while it lasted.

onwards and upwards

has looked over the PHE entrails again this morning and is talking about 13p admittedly not till next month but yesterday's gobbledygook was looking for a 6p target next month and already achieved. The wizards chart predictions have a self fulfilling quality about them.
https://www.share-talk.com/share-talk-bulletin-board-heroes-tuesday-22nd-december-2020/#gs.oqgp6n

must be running short of stock.