Member Info for woody2002

Its funny that so many posters appear out the blue with no previous interest to tell everyone how accurate trolls predictions are! Shes regularly wrong in fact majority of the time! I predict at some point innny life time the SP will be higher than this! Does that make me a seer if it happens?

Seriously though guessing downwards on an AIM stock is hardly difficult, its the default direction. Its a traders platform with dreamers like us hoping to catch a spike...

Did someone say sentiment had changed? That not even funny ffs..... also dont believe cash burn is low when we've had 3 placings this year at least.

Firm buy below placing price? Where have i heard that before?

Fact remains the last placing dug a big hole that did nothing for investors. Were just about to fund another big hole. People are selling because of management not oil.

Only reason im still here is im too stubborn to admit Its a shite investment and hopefully they eventually stop f/cking shareholders off. If i was on the sidelines i wouldn't trust management..... .unfortunately. :|

I hope you're right, however hes said it all before. Where is the nearest available rig is now the mxt question. We doing feckall for 5/6 months now. I cant imagine iis are happy with this performance!!!

Considering this farce of a SP, all the dodgy delays and what appears to be questionable funding, its easy to forget we could have just produced from Mengo. I really am starting to question DS... Does he even believe he can get this going because he seems to be shying away from anything positive. Its almost self inflicted bad news one after the other. Is it really a corrupt group of mates creaming us with no intention of buulding a successful company. Nothing illegal about what theyve done. Just f@cking bent. To sum up we could have just went and made money... wtf

Thanks for clarifying... heidhoncho it says no additional shares will be issued.

If we get some TR1 from Miton etc itll maybe give peoplea bit of confidence but this has turned out to be another aim story. Promise the world deliver f'all

Makes you think investors wellbeing isnt really on DS list of priorities. If he doesn't produce the goods here I suspect he'll be labelled a joker from here on.

I suspect that wasn't really a question though lol

I believe so

I suspect its a result of getting abuse from people (rampers) for having a balanced view on whats going on. Dont know how many times ive been called a troll and I still hold all my shares.

Well done rampers, wrong again...
The level of bullsh/t spouted on here is unreal. Hopefully now we can take part in actual adult discussions and not fantasy... no chance lol. The biggest worry here however is DS' inability to tell the truth... down almost 50% and no closer to the cash generation he spoke of in March.

Sounds to me like rather than issue warrents we're given up equity in tilapia. Dont quote me on that but "equity sharing" whats that?

Oh and btw EHGF are loan sharks, crooks and all round bad for business. (See Valirx) hopefully it works out but i suspect we've sold our soul to you know who...

He must have lost a lot of cash, couldn't have happened to a nicer guy. :)

Im not trolling but 5p is only the bottom short term. An equity issue will reduce it further. Patience if ur topping up might pay off here. This is June and they're not expecting drilling to be complete until end of year it would seem. Plenty opportunity to slide further.

We may get news on additional equity agreement but that will probably mean no more monthly working capital so a double edged sword.

Put this to the back of ur mind and hopefully itll pay off. I Suspect we'll have a lot of low volume days waiting for rigs etc.

Im Still holding but like most AIM investments, I bought the Chairman's sales pitch. Now need to watch another paper loss for 6-12 months :|

With multiple accounts here today... daytrading.

New here, ultimately we knew we were waiting on equipment and if ur living in the real world a funding announcement! Its an investment not a spread bet... bottom drawer and wait on production. Maybe now people will take a step back and realise rampers are not helping you. Theres risks and negatives in every investment and you need an open mind.

Fjones Did you sell at 10.8p ot 5p?

Like i said previously we'll all be pissed off till Christmas, at least.

Impression I get is there was never any real intent on producing from the Mengo that was just a carrot to support the SP and sentiment, I think the company needed time, for what purpose I dont know. No equipment availability or SNPC funding or something, but theres been too many deadlines strung out with little to no progress since drill results which brought us to 6p.

The positive for me is regardless of the timescales the oil has its value and will IF finally produced dictate the Mcap. Hopefully come the end of Q3 we'll be anticipating first oil or at least drilling which lifts the SP... The big disappointment here and why theres disbelief is the company declared quick success after the last drill and like 99% of AIM they didn't deliver so shouldnt be a surprise.

Miton haven't sold so Id imagine they're happy to wait. I Expect they wont be selling below 10p unless they can get cheap shares. Although on the flip side iis arent always in the know. (Woodford etc)

Conservative estimate we'll all be pissed off till Q4.

Also asking what affect my posts have in pointing out inaccuracies or lies to a BB is crazy. The notion that anything that is positive regradless of accuracy is welcome is not only childish but is misguided and damaging to everyone. We all need to assess the variables and not just listen to thise offering confirmation bias