Member Info for wordog

He doesn't even post on here anymore. Everyone needs a nemesis I suppose

It's in transition at the moment and been listed since the 80s. They are looking to split into mining and energy companies and are looking at acquisitions, take a look at who they hired recently too. You don't need me to tell you there is risk involved, it's on aim for gods sake, but how many companies have $35 million in the bank? The risk lies with how they decide to spend it. Anyway this is an alkane energy board, my parents live in north notts, what do they have in that area I can take a peek at?

According to last rns will be decided late nov or early dec by share holder vote. So IF it does happen does anyone know the normal timeline for it to be implemented? I get a feeling they will release news of a acquisition or new exploration licence purchases to bump the price at the same time. Oh and that will probably be before they admit well 7 is full of water at this rate!

Forgot to ask. Have alkane confirmed they will be fracking?

I assume you are talking to me mate? Leyshon is great value for money at the moment. They have 8.5-9p in cash and have plenty in the pipeline, read the last rns. They have drilled 3 gas wells this year, very slowly I must add, and they have one commercial, one flowed water and the third is to be flow tested but they have hinted at water. Interestingly they have fracked the wells without any protests or meddling. I would be ramping though, I have a 12p avr! I was in igas and got out on a 30% profit, waiting for sub 100p to get back in. Still confident it will produce the goods, sp holding despite no news and questions over fracking. Alkane - interesting company and keeping an eye on it. Egdon - got in and back out very quickly. Don't hold many licences, didn't feel it would progress and grow quickly. Dart - not with a barge pole, check out the charts on asx. They laid off loads of staff early this year and farming out to balance the books. I like BLVN too, it seems quite popular. Most of my cash is in gkp, still praying for a takeover since 2009! If you like a gamble take a look at tower resources.

Well I didn't know that. Very useful source

I have pretty much written off zsj7, but can't help but think some good news will be issued just prior to the split in order to pump the value. I'm also hoping to be proven wrong and if it's commercial we only need 1 in 3 of next years wells to have a commercial project, thus de risking leyshon energy. We shall see...

I knew you would be back 7p too good to resist!

i would have given them my money if they didnt have so much oil!

Blvn, xel, igas, rkh & gkp. All holds that will pay off long term for me. This is the only one im worried about, although I dont trust anyone at gkp.

Correct. End of November according to last rns.

Agreed, but I doubt zsj7 will flow gas in all honesty. Im hoping to get my cash back on the split and the rises that will come with future acquisitions and exploration block purchases. Will probably reduce my holding at that point.

The arse has fallen out. I'm struggling to see where this will stabilise.

Ultra, not too late to get back in?

Checked in today to a pleasant surprise. I thought we would see +3-6% today as people picked up s bargain. I think investors are getting in here for the future plans in the pipeline and the people in charge who can make it happen. Rather than a gamble on the zjs gas project as I did! I expect to see this stablise before rising on confirmation of split as zorns mentioned. I think this will be followed by a volitile period where the rumours of aquisitions and licence blocks begin. I dont yhink we will see much progress on the gas project for a while.

I know you are in here somewhere....

Surely you could come up with something better than adding a 2 on the end?

Cheerio mate. Good luck for the future. Im on a significant loss here but will top up at bargain prices and wait toget my money back. All is not lost with lrl.

Trust me, if I didnt sniff a bit of profit here then I would have sold a few weeks ago. Ive been in gkp for 5 years, if that's s not patience then I dont know whay is!

So bored of this now. Maybe thats the plan, to bore all the pi away from the share!