Member Info for wraith

From the RNS links in my last post, it can be worked out, the shares in issue, are only increased by a small %,....myself, see this as a prudent move by management, to raise these Funds, at this point in the drill,...here for Full drill results myself,....my Gross average s/p (in s/p@9p to 10p range), is a little underwater at present, but at this stage of drill, comfortable with it.

BW

That's what I noticed Jay_P,.....if I am reading the two RNS links below correctly, they can convert at the ("MSP") ,....which is:-

"closing mid-price of one trading day before the Issue Date and MSP is defined as the lowest closing bid price as for the three consecutive trading days ending on the day prior to the Issue Date."

Source Links : https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/AAOG/13839834.html

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/AAOG/13871020.html

BW

Yes SUFCESSEX, I noticed, the late large Sell, Friday,.....from memory, it was about 650,000 AAOG shares.

BW

For myself, PRD is a hold, awaiting news,.....got high hopes for this one.

BW

Same with myself Bradleybear,.....not interested in trading PRD, having built a reasonable shareholding here, which has a very low Gross average s/p@ one tenth of a penny,.....will hold indefinitely,.....will consider averaging up, on good news, if it takes us up into the s/p13p+ level.

BW

Thanks for posting, that interesting read, Battle,.....hitting the jackpot, sounds good to me,.....PVR still largest shareholding (Funds Invested), in my portfolio.

BW

As you say TIPTOP, dilution, followed by consolidation, is not a pleasant sight to behold.

Our present Market Cap of £13.13m, with only 162.06m in issue (s/p@8.1p),.....I have no Fear of Either, here at AAOG.

BW

Hanging Tough,....as the song says, you know it's not over, till the fat lady sings.

Tune : https://youtu.be/By86PcLufOU

BW

Hi JH77,....yes, the three Barryroe Deep targets, are mentioned from 8:27 into video link below;-

Providence Resources presents at Oil Capital - October 2018 : https://www.proactiveinvestors.co.uk/companies/amp/media_files/11020?__twitter_impression=true

BW

Hi SUFCESSEX,.....lets hope we have some good news, in the not to distant future.

BW

I am also here for full drill results SUFCESSEX,....was very tempted, to increase my shareholding again today,.....but, having already increased, here recently (twice in the low s/p@9p level),......giving myself a reasonable Gross average s/p here, albeit a little underwater, after latest podcast !!!,....decided to wait for first target horizon news update, as my Gross average s/p, is not enough underwater yet !!! (podcast),...to be worth averaging down again.

BW

Thanks for posting, "Predator Oil & Gas Holdings Plc presents at Oil Capital - October 2018" ( https://www.youtube.com/watch?v=7JQBNG2GeSw ), JOEHIGASHI.

The CO2 EOR scalability in Trinidad, along with low CAPEX, all sounds very good,.....2019 should be very interesting here,.....positive news on Corrib South, could drop anytime (imo), as PRD are targeting a Corrib South drill for 2020 & production 2022.

BW

The three wells that are targeting Barryroe deep, if successful, would see us taken out (imo) Olderandwiser,....but at what s/p level, would that be at.

BW

You are welcome LONGWAIT,... yep, that's about the value I get,....under heading Summary (page 9), they refer to 34.5 mmboe of 2C resources,.....they also refer to Value creation by converting these 2C resources currently valued at $0.50/bbl to 2P Reserves, which typically trade in the market for values of $5.00+/bbl.

For just Barryroe (ignoring Barryroe Deep) that's 34.5m x $5 = $172.5m divided by 1.3 (£ to $) = £132.6923m divided by 661.85m (shares in issue) = s/p@20.04869p less debt etc.

The upside potential for s/p here is huge, without Barryroe deep, (imo).

BW

Just tried link again chipndale, to find it is now working again, bringing up October 2018 Corporate Presentation.

BW

That is odd, when I put "October 2018 Corporate
Presentation link" on previous post, it brought up said presentation,....I checked link worked, before posting,...having just clicked on link, to have another look, it now does not bring up presentation.

BW

October 2018 Corporate Presentation link;-

https://www.lansdowneoilandgas.com/portfolio-item/logp-corporate-presentation/

BW

If your Guestimate, proves to be the correct grippa,..... I will be comfortable investing, with that level of update information, on the way down.

BW

I have seen the Tweet ( https://twitter.com/angloafricanog/status/1057708640633794560 ) grippa,.....it's the reference, to "tight hole" in podcast, that has myself uncertain, as to how much information, update will contain.

BW

Not long to wait fjones40,....the uncertainty, that I have, on how much information, is going to be forthcoming, in updates, will soon be answered.

At the current s/p levels, I will find it difficult, not to increase my shareholding here, before first update.

BW