Member Info for wookieemonster

You seem odd. Most of us perfectly capable of making investment decisions without your input, and this price action is very good for trading. Perhaps you might be insane and not making the most of the trading patterns and just being a cry baby.. or you are trading and just like to think you know everything. In which case you would have said this would rise yesterday instead of saying it would go below 1p…

Equally Predicting a raise is unintelligent as of course one could happen especially when they said they may need to like any other company in a growth stage. In which case it’s just another trading opportunity.

Has you predicted this “pump” or possible pre sponsor lift, then people might listen, but you are consistently wrong here no one will take you seriously, you only provide noise with no benefit.

You said that last time, then we got coke as a sponsor.. give it a rest. What’s the reason for posting here, you are not invested.

RD, EOY could look very different.. considering say ( and personally feel it’s low ball ) that our CURRENT trading range should be circa 50p then considering what a difference more production and better financing will bring then future here looks pretty good. But seeing as we are still ( clenches fist and takes a sip of single malt ) trading below 16p… ( takes second sip and breaks table ) then more likely hopes of £1 by EOY optimistic, perhaps 50p might be more like it ( so still undervalued ) but who knows. We need RBL and production up. Either way, In relation to our assets we are considerably undervalued, and at some point, with a fair wind, will get there at some point.

Saying that, we could be more than £1 or still here.. that’s the nature of the beast.

on a dow down day something must be up! is this the major sponsor / HQ, could be a large institutional bank or something, this is a strong rise, more than the coke deal! wonder what this is all about, unless its just a tick up to previous "highs" of 2p..

As historic posters will know I’m not shy from looking at things from both sides, and most unpleased with the current sp I remain. Yet it’s been a great comfort lately to see Art has taken the time to make sure we are being better updated now, and also taking the time to do some interviews as well. There must be a lot going on and personally I’m very glad he’s addressed and shares many of us genuine investors feelings.

Sadly still in the red due to the money spent here over time but less worried for now.

Especially looking forward to updated flow results, as he clearly is! Openly looking forward to discussing these new results. And without doubt certain an RBL will come, which will be a huge step forward.

We have yet to see the potential of copl just a shame now was the time that I first invested and so very envious of those only just buying in, they have missed much of the hardships to this point.

If we don’t get Permission to flare then I’m sure we will find other solutions but things being what they are and the minor request we are making to do so seems fair enough to me.

More excited for the next few months since first acquiring Atomic. Would prefer a gradual and strong rerate. It’s good to have 50p confirmed as a starting base as well.

Thanks Art for the changes in coms and good luck! Many are with you.

Very good Panamabob :) certainly feels that way, and quite unfair if so.

Was 100% manipulated but yes the company didn’t step up to counter very well. It seems they better understand now.

Agree with duster on a-2-b point, many of us incredibly disillusioned by some of the platings and price points. But in order to progress was part of the process but was made worse by the stock being so heavily manipulated, and all the noise and uncertainty around it. It was either sell up or average down. I’m glad I stuck with my instinct and held and I’m also thankful for those posters who reminded us of the core reasons we invested!

Although the share price is still totally pants I’m very happy to see strong sentiment return and the truths overpowering the forces that dragged this so low.

50p minimum at this stage.

I think once people look at the past few months and see how much more value we have than the last few times we traded circa 16p… it might tell you a few things. Undervalued being one of them… we’ve added so much more than when we trade at 28p!!! Beggars belief really.

Great summary as always mr T.

This is clearly a very good news release!! How can it not be!? Significant increase.

Excellent

We traded happily and thought ourselves cheap in the 20s & 30s. Until we get back there the rerate won’t have started, just a claw back from yet another market slamming.

All hinges on getting production up and progress is being made.

We’ve had months of continuous red days so not unreasonable to hope this trickle back up continues! If it can be red for weeks/months then it can also be blue!

Still all to play for for a completely different picture by EOY.

Don’t think he needs to do an interview yet, not as we are at lows still, would prefer him not to confuse the average punter .. he knows what he’s doing, and that’s getting the oil out of the ground and proving up our resources. He’s already said his priority will be securing a winter rig, ( although securing was recently just seeing one he wanted… ), resolving pressure issues and organising better financing now all the complicated matters have been resolved.

Suspect the flaring will be the next major landmark and if we are permitted to do so.. that will, I suppose, directly impact how quickly we can bring up production levels in the near term, and progress things to sort this RBL out (if I’m correct in thinking, we will have to prove up those new resources with drilling? )

16p was the last crash price. We haven’t even recovered yet, just recovered a tiny bit from an already crushed price..

Panamabob agree, high pressure = equipment problem but getting under control, and been worked on for quite some time now, the flaring should also ( hopefully ) give us an uplift and enable us to move forward towards higher productivity short term. I’ve always been in the resolve Cuda then work on production camp. It makes logical sense. We have so much recoverable oil and the expertise to extract it, plus we have much of what we need already. I mean, we know that we have the ability to x5 our current production at least at this stage, and that’s not including Cuda assets.

Still, it’s all a lot of work to do and will take some time. But certainly all points to a much much higher mcap if done correctly and steadily. Onwards and upwards from these terrible lows.

16p was a low point a couple of times, still away to go just to get there again, not forgetting trading was upper 20s before now ( and before more progress made ) so it’s good to start seeing what looks to be a correction, finally..

Cheers Rooty, appreciate that, managed to get my average down but not as good as that, not yet anyway, went in heavy multiple times too early ( that's what she said )

yeah look, funny mood today.. so I'm sorry for ranting earlier, don't come here that much, not after the bombarding by CH & co! its just so frustrating being this low after all this time still that's all. always said asset value should be over £1, at the very least 50p in a bad market. Just hope this can finally find its footing and now we have secured so many assets can start bringing up production and not just dilute us to the bone for once. Yes we need money, but that money should add value not loose it. So far all the placings have done is reduce value.. and that's what's annoying me the most. As shaa says we should be due a decent rise day. IF Art can get this RBL sorted then maybe we can recover some of the recent losses. Secretly know Art is going to up production significantly, he's not a fool.