Member Info for wookieemonster

Not saying it is. But feels like a placing.

If CUDA in the bag or previous raise committed and if Art wants to fund drilling himself this year it’s not out the question. Danger is no CPR yet so a placing is a bit dirty if based on his words alone.

stands against wall awaiting firing squad….

Personally if it turns out he’s getting extra cash to get drilling and getting value out the ground QuickTime then so be it.

End of the day we need to turn our assets into cash and the quicker the better with oil prices rising.

Hopefully it’s still just churn and we don’t need to raise additional funds. And can do the above already. But if we’ve got CUDA do we have enough spare capital?..

100% we have and are being played / manipulated here. BIG TIME.

Never seen anything like it.

I am long and holding here. And have read and done all the figures coming to prices beyond £20 a share.

But do we genuinely believe we could achieve that. It just seems so far out of reach and with Arts history towards shareholders it feels like an impossibility. Oil price is rising, we haven’t even fully opened up the taps on what we have yet let alone this new discovery.

All the signs say we should be £1 - £5 - £10

Yet the reality is we never seem to get that momentum and always held back by a placing or warrant selling etc.

If the CPR comes back and confirms what we’ve been told and this doesn’t shoot to at least £2 I will resign to the fact I have no brain at all.

AJEP if this gets anywhere near £20 a share I think most of here would genuinely fall of our chairs with happiness.

With a find this big, I imagine it would be fast tracked. I’m sure we will find out sooner than later.

Totally Noob. A inability to even comprehend a casual point of view. You know it’s Facebook generation when childish phrases and insults used.

Thought it plenty of times but with the size and consistency of some of these trades the chance of the all elusive Tr1 could and should come soon. Pigs might fly.

Fair value pre 1.9bn barrels £1+ = games 100% being played, forward placing or not. Hopefully it’s a major player gathering stock from the actual “bed wetters” or perhaps just traders.

We shall see. Would not surprise me in the least if there was another placing in the works, the “other” seller was supposed to have stopped selling weeks ago. Perhaps more than one seller or buyer.. of course there is.

But no TR1s to clear it up as usual.

Either way, if it is on the off chance ( and another blow to reputation ) a placing or whatever then it will be for a reason rather than “keeping the lights on” so much going on it’s very hard to judge. Could well be for the 40th time running the seller clearing decks, but not so sure.

Good news is that we are holding a range. We don’t need any more dilution, and I don’t see any real need for it at this time. Art must know it would be detrimental being so close to the last so would like to think it’s not the case.

Thing is, this has gone from nothing, to a producer and now producer with possible monster asset.

Games will be surely be played and are being played. Personally keeping my shares tightly held. I think we may just have a pretty serious single buyer or perhaps two mopping up.

.. the sp taxi, not the name

Tr1 party overdue

For me it’s a strong hold, we should really be trading a fair bit higher. There is with out doubt some behind the scenes goings on, and for good reason.

Can’t protect against the things we don’t know ( and try and discuss ) but can look at the bigger picture. Like to think I won’t be slicing anything till well over a £1.

Miag. No not subtle. Just chat, discussion, being able to comprehend options, it’s not just black or white. There is a place in between, to discuss.. a forum.. a place to share balanced views for the greater good. Read my posting history here for god sake. I’m very much very optimistic with this share. But like to evaluate as we go.

What I find highly amusing here, aside from the fact most can’t even comprehend having a balanced view or discussion is that 95% of posters here before coming out of suspension said this was going to the moon ( including myself, well at least coming back at £1.20 )

This board gets filled with ramps, and the one or two ppl who say hang on, get absolutely fleeced. And then guess what’s turns out they where the only ones that where right. And that is a fact.

I’m very optimistic here and future looks awesome, but seen it enough times not know that it pays to be cautious and keep a level mind. Not blinded and becoming part of the herd.

Onwards and upwards!

Don’t know why some ppl find it so hard to have a conversation. Not all of us have an agenda… I’ve only ever bought and bought here. No trading or selling. No one’s saying there is a placing.. Jesus, the attitude of some on here is mind blowing.

The only lemming is the one who follows without thought or reasoning my friend.

34 what you clearly don’t understand is that the lth know how he works a lot better than most!! And it’s not because of a 3% drop it’s because of the types of trades we are seeing.. because seen this sort of pattern before.

No one’s panicking. Far from, but it’s called a forum, for thoughts..

agree if the man does a P at a bloody low price again I’ll loose my sh*t. This time round, if he does, he should bloody do it a premium for once and stop screwing us over.

Cawcaw mentioned a while back how value has never been given to shareholders due to his games. It’s really so important he doesn’t repeat this pattern now, it sets such a bad tone. But we don’t know, but should be mindful.

So much volume lately and such big news there is bound to be some churning even if just pi profit taking. Certainly a clearer picture will be here in a few weeks.

Just hope Art brings us along for the ride for this one rather than beat us down like normal.

More dilution at this stage would NOT be good for his reputation. But this is what he does, he sucks the life out of any value added to his company by dilution. Time and time again. We keep getting more assets and reserves and the price stays the same.

I was and am truly hoping it will be different this time.

…Unless it’s absolutely essential and absolutely almost instantly increases the share price many many multiples.

Art don’t screw this up!!!

Noob I’m totally on your wavelength.

Fact is we know we are worth around let’s say a lowly quid before this discovery. Now we have a giant find and also cuda suddenly out of focus.

We got cash in the bank, but have keep what is it, $2.5mil dry, and price of say 3 new drills on discovery, say… $12mil.. and then we had cuda funds on the raise so is there enough spare cash to do both.. probably not. But I still sort of think cuda may have been agreed if he announced the discovery.

Thing is we could do this without a raise, but it would take longer and Art has been sneaky in the past so it would be wrong to blindly assume he wouldn’t do a placing within the hype. He shouldn’t though. In my opinion sack of cuda ( unless sorted ) and use the previous placing to drill the new discovery and get the CPR done.

So we have no idea what this might come back at?

Correct me if wrong panamabob but don’t we need the buy volume to drive price up rather than MMs? I mean with relentless buying they couldn’t hold it here surely? my guess is we are seeing late comers taking profit, and other less maverick buyers awaiting cpr and the rest probably already invested :) not sure the market has fully clocked on yet but needs assurance of the facts.