Member Info for workover

Margret I didn’t want to post here because I was as busy with other investments but I was goaded and verbally abused by the imbeciles ! Please blame them !!!!!

“Looks decent” It’s not bad at all doc! In fact i would say it’s much better investment than beloved AMERISUR !!!

I feel sorry for the genuinely good guys who were caught with their pants down investing in this malcy tip in the high teens or twenties ! I feel sorry for the guys who were duped by the management, the missed targets , the overpromissing and under delivery.....

You mean the fact that CHAR drilled a duster in 2012? If you want to go back to 2012 , we can go back and talk about all the lies from then till today ... when was the OBA supposed to be online originally ? Answers on post card please ...

Sorry meant to say SDX reserves 24.6 million bbls oil and 6.48 BCF has Best of all , the market cap is significantly less than that of beloved AMER! AMER was trading at 20p plus based on hot air ! Their Reserves are truly shocking when compared to peers !!!! Let’s discuss ....

Docisacoc SDX has a PE ratio between 3.3-5.2 see links below please : https://shares.telegraph.co.uk/fundamentals/?epic=SDX https://www.google.co.uk/amp/s/www.yahoo.com/amphtml/finance/news/tempted-buy-sdx-energy-inc-170222648.html SDX is starting up production of 8000bopd in December and has reserves of Within weeks it’ll be in a different league to AMER! Also management there don’t tell lies ! I find that also helps with investment decisions ... ;)

Don’t get me started on management ! AMERISUR have the worst, most incompetent, overpaid , uninspiring, mediocre, low grade oil managers on AIM... Let’s discuss ....

Enterprise value of AMERISUR is also very rich compared to TRINITY, TOUCHSTONE and WENTWORTH Let’s discuss ....

Serious question! Please don’t say because it has fallen so much it must be good value!!!! That’s just dumb!!! Is it overvalued compared to its AIM listed peers ??? Please see slide 7!!! https://trinityexploration.com/wp-content/uploads/2018/09/TRIN-Interim-Presentation-24-September-2018.pptx.pdf Only iGas is more expensive in terms of reserves I would say it’s better to invest hard earned in SDX , TRIN ,TXP, WENTWORTH, Discuss...

O/T “SQZ Woshh!! What happened there at Serica back in early October...? Why the steep crash to 77p? And at the end of the months over 100p? (For me 10p difference in KAZ means 4k.)” It’s just the start ! Deal approval this month... also erskine back online and Colombus development approval ! Massive Cash flow while oil is in the 70s! 2019 = SQZ above 200p

PS : I made more today in SQZ than most people make in 3 months ! Not bad for 6 hours work....

“Workover, never work again in your life? Sit at home and watch the biggies throwing money out of their skyscrapers” I wouldn’t say never ! If the right four figure / day opportunity comes along I’ll consider it but I ain’t working for tips!!!!

Trending higher now ! Hopefully a strong finish above 580 to round off the week

l I’ve just been offered 568.5 to sell

“Workover, I almost suspect hat you are not actively trading at all, am I right?? ” I have a core holding on my ISA account that I hold for the long term and occasionally add to ( I added to it at 447!) I also have a trading holding that can come and go at anytime on my trading account KAZ In Both accounts is currently back in profit

“Who said that” I quote “where all good things come to an end” “Bounce around 530 for a while” “Retrace” “Test 510 to see if it holds”

“at the strong 566-567p barrier line“ On the 5 min chart I make it 564-565 ., but yes barrier there . I expect to be smashed this afternoon This may very well open 600+ at 8 am on Monday !!

“- The Sp reached 540p as mentioned.“ Off course it will reach 540 on the way to 560! What’s your point ! Also 530 and 540 according to the charts were supposed to be insurmountable barriers.. in reality, they never existed ! Knife through butter

Even at 200p these are undervalued!

I’m starting to lose a bit of confidence in charting ! I’m just going to go back to basic and simple fundamentals! Charting software told us we were supposed to “bounce around in the 530s” “All good things come to an end at 540” Cut through them like butter It’s much easier with fundamentals: - PE RATIO less than 6 !!! That’s 30-50% less than some of its peers! Copper picking up from year lows ! Production at yearly highs ! Production costs the lowest in the sector ! Gold tipped to go higher !