Member Info for woody2002

Traders are off elsewhere, also note all the "LTH" are quiet on the BB? Nothing to talk about all of a sudden? Suspect theres a good few who are actually day traders but elsewhere making money.

Valju tbh I dont see what it would do attending an AGM since they always promise good news. All you can do is say you're a liar and then they'll just shrug and get on with bu66ering PIs. They'll never tell us "FYI We knew this was an un-investible proposition but we wanted your cash" bend over please. They knew this was going way down and when Mcap was low enough drafted in an ii. We'll probably see 100/200% rise on the off chance of a spike at some point on news. ii walks with a fortune and we'll still be holding our balls. We'll be fleeced of VAL101 at some point, 401 is probably dragging its heels beacuse they're paying peanuts. I just dont see the incentive for these guys to deliver. 200k a year plus makes them happy woth the status quo. Only losers atm is us PIs

Just bought a new triumph today so this better move lol. Plan was to top slice later but they took £1000 off this month only, couldnt miss it!!

Yeah hes filtered now, after his pish posts yesterday lol

If I was a troll id be predicting a share price drop, and id be saying things like "Im never wrong" haha. Even LSE laughed that 1 off the BB :)

I think the recent games allowed many/some to build positions probably iis or HNW investors. Now there are less shares on the market there's less volume changing hands. If its the case any spike will be significantly enhanced by a drought in shares. The crowd always arrive on RNS release and itll be allowed to really move. The same happened in GGP, similar patterns etc. The result was pleasing from 0.55p :) hopefully im right! With several HNW investors on board already...

Sounds like they specialise in death spirals tbh but wtfdik... Im not convinced anything will come of this now, I think the BOD have made their money as have IIs and the job is done. We're left holding the shares. Im the same live in hope but consider my investment lost...

https://vaaju.com/norway/the-induct-manager-will-demand-a-million-dollar-compensation-from-the-death-spiral-mortgage-company-alpha-blue-ocean-stock-exchange-and-finance/

Arent they buying at 0.6 though?

Maybe he meant the actual paperwork itself, poorly worded and needing redrafting etc?

Takr anything MrAIM says as pure sh/t!

Thats it its all guess work. I would however avoid playing funny bu66ers with an African govt.

It seems to be the case that people think the Gov't and SNPC cannot survive atm and are cash strapped. I think and im only guessing but SNPC and the govt could aquire the cash to pay their debts and maintain the status quo if desired... Its more likely any outstanding cash liability on the part of SNPC is due to red tape and not being broke, that and AAOGs past willingness to proceed without the red tape...Have to assume the region which is rich in oil is profitable for all currently involved. Maybe im wrong but The company has stakes in Moho-Bilondo (15%), Nkossa (15%), M'Boundi (8.8%), Kitina (35%), Sendji (15%), Yanga (15%), Djambala (35%), Foukanda (35%), Mwafi (35%), Emeraude (49%), Yombo (44%), Tilapia (35%), Azurite (15%), and Turquoise Marine-1 (15%) fields.[3][4][5] It owns the refinery company named Congolaise de Raffinage (CORAF).[3]

And is responsible for 70% of GDP. We think 600k a month is breaking the bank? Im not sure tbh

Agreed skittish... this is an extension of an existing license rightly negotiated ahead of expiry. Renewal on existing terms is all we can hope for atm. Until SNPC decides otherwise

I dont think the relationship is like that tbh. For a partner that owns 44% and owe us X amount they are within their rights to keep that equity and reimburse their liability for the drills. The choice is theirs alone and should they decide to repay in full we will remain at 56% theres no benefit to cloak and dagger games imo. Its worth remembering they're not a competitor but a partner. they will know exactly what is in the reservoirs and the CPR, and being backed by the govt they will have a say on what happens when.

Its the circa 40% (excuse my maths) cash value of the company we're being paid that baffles me. The market has ignored the fact were accepting cash to that value or equity equalling multiples of it... AIM is like a binary spread bet. Up or down?

They've managed to drop it 1.25% on no volume, dropped it 0.25% before that 1 trade. Spread shown at 4%... "this is AIM"

Sorry mate im just that used being fu/cked over every time a red dot appears lol.

You do not want to know lol

Sorry Kevin wasnt for you, if you were here often youd know Degsys routine. ;)