Member Info for workover

I was in profit here a few weeks back but was greedy and didn’t sell!

NTM I don’t think it’s a sector issue ! Most of my portfolio has been storming since the beginning of the year ! Oil has hit multi months highs ... People have just lost faith with this one ! Management aren’t proactive enough! Lack of ambition with a 10% YOY production increase ! That’s mediocre by any standard!

Luckily I’m not one for falling in love with a share and will continue to reassess my position! Life is too short to spend it watching this illiquid dog all day and night

Richard is the same man who bought over 6% in Chariot Oil (CHAR) in the mid teens and sold a fair chunk at 3p! He is human just like the rest of us ! He also has a penchant for companies with shizzy management teams!

By mid May at the latest

Anyone think that this might be worth a top up at 10p ? Or am I silly for trying to liquidate another stock to top up here?

Thank goodness for BLOE! That’s how a junior oily should be run ! Underpromise & over deliver! 1 well = 1100 bopd much better than the puddly 50-100 bopd buckets in Trinidad! No sooner we get the oil out we get taxed to death !!

I’m going for 11.4p

Oil is at 6 month highs ! Imagine what our pet poodle will do if oil retreats!

I wish I never heard of this dog!

Colonel Drake “Why the price i at 13.3p is a mystery”

Not Quite my dear colonel!

The price is languishing because the management are absolutely atrocious! No one can argue the assets are undervalued but holders have lost hope of achieving anything with this motley crew! Big sellers past week and they want out! Mystery solved ! You’re welcome ....

The gift that keeps on giving !! Price now approaching my average ! If it falls below it I’ll average down ... amazing assets and great margins but one of the worst management teams in the world ! I’ll be voting against all resolutions at the AGM!

Maladoni

GENL GKP CHAR PRSM CNE ENQ ... to name a few

Even my holdings that have pulled back or stalled aren’t in the red like this sick pet poodle !

The main lesson is diversification! I hold a basket of shares.,. I have a large holding here but I’m glad as **** that this is not my only holding !!!!

Every share in my portfolio is surging today - except this sad sick little puppy ! Even oil at 75 BRENT isn’t helping them ! May be because of their unambitious 10% target , May be because of lack of drilling activity ! May be because market has no confidence in them ! One thing for sure something is rotten in the state of Denmark!!!

It’s good to visit the BB before buying and see who holds ... the quality of the BB prefect is a good indicator if the shares a dud or not!

Lesson learned!

Ariel Arrow

That post was probably a “not so subtle dig” at me...

I’m also here for as long as I hold trin , which could be another few months or could be forever.....

Hatred is unhealthy

Unfortunately I agree ! Malcy is paid so his opinion is slightly biased...

They need to get fingers out and drill some wells!

I’ll give them one final quarter and if they are still sleeping in hammocks while bashing the bishop I’ll sell my shares and and go elsewhere!

We can’t blame Trinidad for this or the SBT because TXP (which I also hold) have just stormed from 11 p recently to 18p yesterday !

This stinks !!

No chance that “passing of the resolutions” leads to a leap from 10p to 20p! Quite the opposite actually ! I think that flooding the market with 200 million shares will cause indigestion that could take a few weeks to get rid of ..

All imo of course

I’ve been requesting this “tightening” to happen since last year! Dickupham and his cheerleader didn’t like that idea! Overheads are still too high for this size of company

Smart move! I recon you’ll get as much as you want at around 10p .

From my previous experience with highly discounted placing, the sp will usually fall just below the placing price (assuming no additional bad news)! A few recent examples include PPC SIA and TXP

Word on the street is that he is paid to ramp certain dogs! Even Fontera were given some limelight!!!! Some say he is paid in cash, others say he is paid in holidays to various luxurious destinations and others say he’ll ramp anything as long as you add extra cheese to the pizza and make the chicken wings extra spicy ....

In all seriousness , did you expect the shares to be languishing at 10.6p? Also what is your personal target once the shares in issue have been quadrupled?

Yes Ajax “cracked the code” was a Very dangerous comment to make! His exuberance has probably wiped a few newbies out! Malcy is a dangerous man! Blindly follow him at your peril !

To ask if you’re ok Scotty !

Ajax

Those are just the good ones ! What about Caza ? PANR (his target was 200p) RRL (target 50p today 0.025p)