Member Info for woody2002

true Bonkers but I believe a lot of funds are restricted by the market cap of companies. I think £50m is a cut off for the big boys in certain fund sectors. ill need to do some reading as I'm going on memory tbh.

just for ease of reading...

Following the Company's announcement of 18 February 2019, SNPC has agreed to pay monthly instalments, commencing this month, of US$600,000. These payments will be applied in settlement of monies owed by SNPC to the Company. Before any payment this month, the sum owed amounts to approximately US$9.5m and mostly relates to SNPC's share of the costs of drilling TLP-103C. SNPC has undertaken to send the Company a signed payment schedule confirming the payment plan.

SNPC has also asked the Company to re-open negotiations to exchange a portion of SNPC's equity interest in the Tilapia field in exchange for the forgiveness of the remainder of the debt outstanding once agreement is reached. SNPC has confirmed that it intends to continue making the monthly payments during the negotiation, and on that basis the Company has agreed to restart negotiations.

David Sefton, Executive Chairman of AAOG, said: "From the inception of AAOG, the key aim of the Company has been to produce oil from the Djeno. This remains the case today. Confirmation that oil has come to surface from the Djeno reservoir under its own pressure has been a very welcome surprise and confirms the excellent work on the CPI done by Schlumberger.

"We are working with LR Senergy to have this new information included in the CPR which will now be released during April.

"The board has also received a report by a reservoir engineering group who were asked to work on the production plan for TLP-103C and will update the market on these plans once the report has been reviewed.

"Finally, we are pleased that SNPC, in addition to being excellent partners for their technical abilities and deep knowledge of assets across the Republic of the Congo, are also taking a proactive approach to the commercial issue of the debt that has accrued. They are continuing to make payments to us and we look forward to resolving the underlying issue of the size of the interests in Tilapia."

I think with Sefton implying we're "boring" and steady and in previous presentations insisting we want to be get production up and running before Djeno that's the focus. Personally its what I think is best for shareholders...We can run the company on SNPC cash indefinitely with 103 already funded. Production of 103 will fund 104. No reason I can see why we would go getting debt unless its in the companies interest. Cash generative companies producing dividends attract investment on their own, and would see IIs invest with 104 production ahead

I wonder how much he gets paid?

John - Technically a recession is 2 straight quarters fall in GDP as im sure you know. I dont believe that is happening on any global scale in fact probably only in places hurt by falling oil i.e Venezuela? Also with employment so high I doubt oil would have the effect you describe. Oil demand is still growing globally.

Always been positive AAOG ;p

When you consider the positive news expected we could be in the teens before before production news. Have to assume more shares have been taken off the table in the new tax year. New "Thruxton R" come the summer if im lucky :)

Reckon we might get a TR1 RNS soon enough. Probably mentioned earlier but not been following the BB. Quiet in western Oz so expected this tbh.

Drewky you said this to me the last time about a month ago which i replied "see my post earlier regarding angela". I have saw Angela's nonsense coupled with maestro over on Rose's board for a good while and have warned people to laugh at them. Malicious pair who frequent here. Again mate read my post history if you can be a/sed I do not try to bum people out or negatively influence a board. Ive seen peoples cash decimated on other BBs and then these regular BB favourites dissapear. Trolls are easy to spot and dont get much traction, rampers are promising rainbows and then you part with cash as they sell. Ive plenty at stake here.

Proof..... another new name appears. Anyone find it strange? And for the last time IM FECKING INVESTED AND HAVENT SOLD. This is under priced and has been for ages. Will someone go look at my post history ive not once said anything negative about AAOG... ffs.

Im more guilty than most as I should ignore people more, however the amount of false information posted here winds me up. I apologise for filling the board with bickering but these people are playing games with everyones hard earned cash and pensions. too many people can be affected by these users with multiple accounts.

ESDuk - you have serious ego issues man. First off you've jumped on 1 comment and focused on it all morning in an attempt to try make yourself seem intelligent by making me seem less so... You have no idea which of those were buy and sells because you dont have access to that information. The buy and sell price isnt just dictated by advertised spread. larger and smaller trades are executed at different prices depending on supply demand factors. You are making assumptions, it does not make you smart nor am I confused or in any way affected by your comments. I can read you like a book. Years of study in social sciences and psychology goes a long way and you really should ask why you entered into this discussion and what you hope to gain from it? That might lead you to the real reason you need to make your self feel better and highlight the insecurities in your life and explain what drives you to TRY make people look stupid or feel insecure to make yourself feel better?!!!

Jay P - its funny im in complete agreement with you and people think im some sort of "Ghoul" for telling it as is. Sat watching SP fluctuate for 3 months while the crew predicted 30p next week. Broken clock and all that...

I have traded this but not for months, and when I do i discuss it openly I have nothing to hide. when a SP jumps 100% and theres a placing coming (public knowledge) who wouldnt? Nothing ive said is misleading or a lie. Like ive said many times now loaded in my SIPP and ISA I havent sold any in my SIPP, I will on occasion trade.

Esd - what makes them buys? You can go back to 8:26 and see buys ranging between 11.40 and 11.60p does that mean half the blues are sells? The price changes as does the spread. Trying to make yourself sound intelligent but its not actually working. You only seem to be here on occasion likely following the volume. Jog on

Jay p - agreed mate but we wont ever know. They tell me im misleading yet they're telling people red trades are buys purely because they wish it to be so. Im naive but im also the person telling everyone to bag profits at 17/18p whilst these people cried were heading to 30p. We crashed to 9p and started listening to the rampers again. Its frightening

ESD - buys were going through at 11.88 then red trades at 11.70 and 11.60s. Anyway welcome back to AAOG mate. Off trading elsewhere I take it?

Pretty sure if you read my posts today and every other day youd know I own quite a few in my Sipp and isa. I am not negative in the slightest about AAOG when did I say a bad word about them??? Im negative of people talking nonsense and misleading others with lies and conjecture to suit their own agenda. Only an idiot thinks this SP will now head north without any drops, its AIM it will fluctuate and my guess is we'll not hold all these gains today. Its is only a guess but its my realistic and adult view, I dont play childish games. A lot of people on here are talking about their desires and not what they believe will happen. Almost reasuring themselves to fight their anxiety...usually why rampers are welcomed. And realists like me are considered "negative"

Oh and while you talk about nonsense the last 20 trades all sells probably you and the gang grabbing profits.

Silver light I was load3d up in both my accounts sub 10p, topped up last week around 10.3p. Im just pointing out a short squeeze is the result of a shorter being forced to close and buy to cover their positions. We cant be seeing this as nobody was shorting a company that wasnt dropping, we barely went below the placing price with imminent news on oil production, licenses etc. You're just a ramping trader.