Member Info for Wolster69

....not if there's a bid !

Said approx a week after 1st so by end of this week I'd give them, and may not RNS anyway when done.

....maybe they just got their energy bill ?!

Ironknut - probably because people thought it would be plain sailing back then with no obstructions along the way not to mention that SAV had other assets then perceived as very valuable but they've been discarded to become a binary one-trick pony now , so either MdB gets the green light and investment to build the mine or SAV goes under. Fingers crossed for all still invested, but the high risk binary nature of it now compared to the perception years ago is why the sp has declined, all IMHO. If we get the required approvals , EIA, overcome legal challenge, get mine funding, etc then sp will rise and we should be sitting pretty at multiples of current price.

Hopefully other directors will feel obliged to follow suit and buy market value shares like AH to show faith that they have confidence that the sp will recover from this level over the coming months and years. If they all put their skin in the game then it might just help other external investors to have some faith in IOG and take a chunk themselves to dilute the holdings of the big holders a bit at least. Or better still, does AH know of a takeover deal being planned so starting to fill his boots to turn a quick profit !

Alligator, you won't be alone on that rooftop.....though I'd settle for just being delirious !

it's so IOG that we're producing again at 30mmsfd yet the sp stays at the level it was at with no income coming in ! It seems that news of production flow and income generation has an adverse effect on IOG's sp.

Thanks Starfoxx. Good to see so many govt people involved and hope DA can strongly promote SAV and the need for urgent decisions and actions to move towards becoming operational as soon as possible.

Great to get flowing again. However, we were marooned in the 20's around 27p before the news about flow stopping, and the issue of big holders selling chunks regularly is still present so no rise out of 20's likely until some major good news like a buyout or Southwark flowing at big stable flow rate with no liquids issues by end of 2022. Anything less is not likely to give the sp a boost and even then we will be held back again if big holders sell into the news.

Who knows when....usual IOG RNS lingo of "approximately", "should", etc so could be looking at mid June before they have another update.

Activity not likely as wells are shut in currently !
Sincerely hope to see RNS this week to announce resumption of production or at least an update on timetable after safety review.....or better still a takeover bid at 40p plus

Tesla talking of nickel-based battery lasting 100 years so SAV could miss the boat entirely here being a pure Li play. Get a move on with things SAV !

Get real....if it was completed successfully they should be getting the news out there immediately as who gives a s**t if it's written up or not first, we just need to know they can crack on getting back into production ASAP as this is costing us millions off the bottom line.

So the safety review was planned for Monday yet still we hear nothing. It is these silences that cause concern as it is very likely to only mean bad news given IOG's track record. When will they ever learn to keep investors informed as it would help immensely to know they are open and honest rather than suspicious and cagey about releasing info. It obviously leaks out the longer it is kept under wraps so those in the know get an unfair advantage to sell or buy on the info. Update us on the safety review for goodness sake IOG and get your act together or step aside to allow a decent BOD to come in and steady this sinking ship feeling.

We were told that the legal action would not delay things but no news of any sort has come through for ages so are we to assume SAV are sat twiddling thumbs waiting for govt and court decisions to be made ? An update of latest as SAV know it would help at least as I can't believe they haven't garnered more info on timescales involved since last meaningful news.

So is this going to be an RNS after close ? Or will the review drag on and take days to be done? If negative news after hours or a delay then I feel we'll face further slaughter in the morning and a sub 20p sp ? If positive and the planned remedial actions meet safety review requirements then I guess we might see a small bump back to 25p region?

So we are at the mercy now of the safety review "scheduled" for today. If that goes badly then we can fully expect far greater delays to production resumption.
I still do not like the vagueness of this RNS without firm commitment to timings or statements. They always seem worded by people not confident in what they are saying. I'm a bit speechless that further serious problems have arisen and clearly these issues were known by some and hence the selling down of the sp, so usual leaky AIM market abuse. It seems IOG are working with a problematic party in Perenco with too many issues arising that are severely damaging IOG. The BOD need to seriously get a grip on operational issues as it is slowly killing this company, but the statement is hardly convincing about the issues being sorted for good soon and back to full steam ahead, and Southwark "shouldn't" have the same issues.....??! If Southwark has any problems then IOG are done for.

I quite agree alligator. The AIM market is increasingly becoming more gambling than investing and you have to just hope that your investments do not get subjected to the dark manipulation that clearly goes on.

Sadly I think this needs translating into IOG talk, as late Q2 means mid Q3 probably, just as Q4 for Southwark will likely slip again to become at least Q1 23 after further issues that will no doubt arise....nature of this beast I'm sad to admit.

"This has dropped as low as 40p in May. Currently back at 112p right now."........I had hoped a couple of months ago that this quote would have referred to IOG around the end of 2022, but sadly not.