Well call me a pessimist but nothings changed. 401 is moved and were raising cash to fund it. The BOD f/cked shareholders to the point theyre against a brick wall so shifted the IP. Now we are shareholders of another vehicle and that's raising cash. I might be missing something but I dont see progress. Just either dilution or debt.
I'd also point out that "theres no alternative" is not a positive. Also my negativity comes from not being stupid and seeing what has gone on for years with my pension money. Same with 101, talk it up, raise cash, pay salaries/bonuses no investment from BOD, share holders stomach losses and risk and BoD dont even engage with us because theyll get lynched with the level of lies and contempt.
Progress my erse...Another 2 years of nothing ahead.
Angela was not here predicting the companies downfall, shes here all day, every day... this is no PI with an opinion. Nobody spends their day dedicated to trolling a board with warnings. She reveled in it and clearly had an agenda.
Whoever she works for she had no good intention so give us all peace with your multiple accounts. Were not thick. Some of us
RE: Tiburn, TIPTOP, skittish & irishmouse16 Dec 2019 08:25
Effugium you were well warned by more than just the usual angela etc. I was told too many times to stop having go at tip top and tiburn and then skittish, I kept saying they were spinning pure lies and was called a moany b@strd.
To all actual investors here in AAOG, I hope this isn't a crippling loss and just a bitter pill (like me) fortunately I can afford to wait etc. For what I'm not sure tbh, lies upon lies dont make for confidence going forward.
Hopefully itll recover but I suspect it's another lifestyle company, and Sefton had his fill and seen this ship sinking months ago.
I'm off for another few months unless fortunes change, this board is full on nonsense salesman flogging shares.
This is the last cash I'm putting into AIM I reckon. I'll stick to the main markets now. I can take the risk/reward factor what I cant stomach is the corrupt lying BOD who win regardless. They've left this long as possible to relieve people of their cash in the hope ISA payments would increase. In the Bottom drawer and probably never coming out.....
"The Rig Agreement gives AAOG the right to contract the rig for TLP-103C-ST and a further four wells at our call"
James Berwick, CEO said "We are very pleased to have entered into the Rig Agreement and look forward to commencing operations at TLP-103C-ST as soon as the Rig becomes available. The Rig is the most suitable rig available in country and will come to TLP-103C-ST directly from drilling operations for a super-major. The Board of AAOG appreciate that drilling operations will commence later than we had hoped but, following the problems encountered in drilling TLP-103C, it was important that we found the right rig for this drilling campaign to avoid any similar issues."
Why would JB have negotiated a contract for 4 additional wells if he couldnt envisage 1 side track being drilled...