Member Info for workover

They only after the company sends them conformation so that they can issue an RNS! They don’t tell the company that they plan to sell before they do it! Also your question was about the directors buying ... even though they think that someone might sell they are in this for the long term so will buy any way! Finally , directors buys need to be taken with a pinch of salt ! In the past plenty of directors have bought shares before the company issues a profit warning or in some cases goes bust! You can’t read too much into that!

Now now knight moves !! It’s talk like this that will get you on the iii hated list! Was it oilbell or beslic who said Larry is best CEO on AIM?

I agree phnom Two wells is a big ask ! I don’t know much about this as I am focussed on my mondeo at the moment ! But from what I know , these things take time ! I think chariot want to dangle the second well carrot do holders don’t sell before the results nd destroy the share price ! I don’t think they even acquired any rig options to drill ! It takes time to secure a drill! I think the next Char well will be 2020 or later ! judging by what they told us in 2015 that they plan to drill 3 wells back to back and never got round to the first one until 2018!!! You speak a lot of sense my friend ! Hope to see you posting here more often !

You can not be Sirius! Lol has to be done !

Lol ! You think anyone is “happy with the current situation”???? ... Every single institutional investor will be giving the board an absolute ear full! They have seen one of the biggest value destruction of an oilie since AFREN ENERGY!! They won’t be saying to the board we are “looking to sell on Friday” LOL

The directors wouldn’t have know ! Even if they did , they wouldn’t care ! They are investing in value for the long term... Institutional shareholders don’t inform directors that they plan to sell! They don’t need permission to sell

Yes that’s what I said yesterday! There are multiple institutional sellers in the market ... These guys have over 10% (over 70 million shares) so could be interesting

Fair point about Fortuna Monkey Moo... I’d rather they didn’t do too much exploration work to be honest ! I’d prefer development , production, increase cash flow .... pay dividends They have already spunked over a billion dollars on exploration and incurred exploration realated losses on 4 out of 5 previous years Stick to our new bread & butter

It’s an African elephant not an Asian one! The results yesterday were outstanding apart from the 300 million write off ! I think the market is worried there could be another $300 million to be written off in The results in March and hence why we are still languishing at sub 38p! If the can secure even a mediocre deal for Fortuna this will be back at 65p within seconds ! Next 3 months will be interesting ! Either up to 65p+ or down slightly from here if Fortuna isn’t secured ! The question is : why would anyone pay OPHR for Fortuna , when they could get it for free in January ?

Phnom What did you say? I can’t even see your message ! What’s your thoughts on CHAR It’s good to get an alternative opinion on chariot from a wide range of perspectives!

It was a funny LMAO But Half of it wasn’t even Scotish Div ya = NORTH ENGLAND So I do = Irish Bozie = Carlisle

Luck OPHR has nothing to do with the aim market

Great post law6 You are clearly an experienced and highly respected investor! You are right ! 10% growth “ doesn’t set the world alight” and yes offshore is more expensive than onshore! I wouldn’t buy in ! You are also right about this forum Welcome back ;)

Glad to see TRIN attracting a lot of “brand new” posters/ investors ! Wellcome new prospective investors and old “friends” Very undervalued and under the radar

Remember we get a $3 premium to Brent so we are currently making $83/bbl! Very low operational costs of $13/bbl. Great margins

Yes the numbers look highly impressive ! I just wish they totally impaired Fortuna so we can have a clean slate ! Happy to be topping up around these figures

“Who would sell at these levels - only Sailing Stone.. Seems to be a back story there. ” Not quite! There’s actually 2 sellers in the market! Another institutional investor has also been offloading, good riddance I say

Easyp My thoughts exactly! Even if it drops into the 50s ... I’m happy to sit and wait !

Had a very small top up this morning on the ISA account for another 30,000 shares at just over 21p but my trade isn’t showing at the moment. Very happy holding this one. Surly has to go into the 30s sooner rather than later ! Really looking forward to the upcoming report later in the month!

Had me chuckling to myself lol Spitfire? More like spitdummy Oh and the mondeo is doing just fine she doesn’t need changing! LMAO!!!!