Member Info for wraith

No, not in my opinion,....it was a wild day in the markets, as this article ( https://edition.cnn.com/2022/01/24/investing/dow-stock-market-today/index.html ) indicates, with the headline,...."Stocks end higher after dramatic selloff".

BW

The delaying of arbitration result, I read as a positive sign,....if we had lost, why would that result be delayed,.....just been reading the below article link, where this comment is made;-

"We’ve initiated arbitration proceedings to claim… at least all of the costs spent… which is in the region of 40 to 50 million dollars, but ideally (also) the profits, that we would have made had we been able to develop the field…. The lost profits might easily add up to 200 or 300 million dollars.
Sam Moody, Rockhopper Chief Executive"
Source: https://10isdsstories.org/cases/case9/

BW

Thanks for posting link ( https://masterinvestor.co.uk/equities/europa-oil-gas-a-penny-stock-due-for-a-further-uplift/ ), Serif,.....was not aware, of the broker target ("The broker has put out a price objective of 7.7p on the group’s shares."), for EOG,....with Wressle-1 providing good cash flow, agree with article,....I'm very comfortable, holding our EOG shareholdings,....holding both EOG & PRD indefinitely, for the potential exposure to Corrib.

BW

The markets down,
"Stocks Plunge, Bitcoin’s Slide Deepens—and What Else Is Happening in the Stock Market Today"
Source: https://www.barrons.com/articles/stock-market-today-51643021522

BW

I also continue to hold, quietly waiting, Madmanrob,....Ireland ( https://www.predatoroilandgas.com/operations/ireland/ ), is why I will always hold PRD, indefinitely,....regardless, of how Trinidad or Morocco plays out.

BW

Fortunately, I don't have to wait till pay day, to increase shareholdings,.....plenty of dry powder, sitting in the bank accounts,.....waiting to see how Fed Tapper etc, plays out,...could easily double, our HUM shareholdings, if I wished, but that is not my strategy, (slowly, slowly, catchy monkey),.....whilst still leaving, plenty of dry powder, in the bank accounts.

BW

I have also been considering, increasing our BOR shareholdings, MrBond007,.....with the Ask s/p@1.45p, that is still only £7m approx, Market Cap.

BW

No, I never expected to be able to Buy, at these s/p levels (Market Cap £51m) either, darren123,.....if they get Ask s/p down in the 12p range (nearly there), I will probably take another tranche in that range, then wait and see if I can pick a tranche up in that 10p range, that has been mentioned by anon3,....my crystal ball, never shows me the top & bottom prices, so I gradually average into a position, then if things go well, gradually top slice, to Free shareholdings, on the climb.
Tune for weekend: https://youtu.be/NG2zyeVRcbs

BW

Been accumulating HUM shares, in the teens myself, Kaiser_B,.....see them, as a recovery to growth investment,....expecting to see AISC recover to a lower level, the recovery, later on, further assisted by a blended AISC, when our second gold mine starts producing, which is where I see growth initially, followed by Dugbe ( https://www.hummingbirdresources.co.uk/operations-projects/liberia/ ).

BW

BOR did a placing ( https://www.offshore-energy.biz/borders-southern-raises-cash-for-falklands-seismic/ ) in 2012 s/p@84p,.....from memory, they touched about s/p@139p after Darwin Discovery,.....we are here for the full journey, (BOR acreage).

BW

Nice to see, mswartz,.....we have been underwater with our BOR shareholdings,for awhile,... we are just breaking surface with them (our BOR shareholdings) now.

BW

Agree, with only 235m ARG shares in issue,.....holding six figure shareholdings in all three (RKH, ARG &BOR) myself,.....all with massive upside potential, from current s/p levels, (IMO).

BW

Exactly what I have been thinking ("The timing is also interesting...who buys in when the company is meant to be on its knees?"), Intoodeep.

Good news to come back to, (having just got back, from a two day business trip),....welcome aboard, to our new investor.

BW

Agree, good to see them taking wages as warrants (at a premium), dnd2136,.....in the 2019 Reports and Consolidated Financial Statements,..."Notes to the Financial Statements (continued)", page 53, shows:

"Share Options
A total of 40,500,000 share options were in issue at 31 December 2019 (2018: 8,900,000). These options are exercisable, at
prices ranging between 0.70p and 0.725p, up to seven years from the date of granting of the options unless otherwise
determined by the board."
Source: https://clontarfenergy.com/wp-content/uploads/2020/05/2019-Clontarf-Energy-Annual-Report.pdf

Kept free shareholdings in CLON, from back then, plus crystalized cash profits, from our CLON shareholdings,....I have now, started to put a little of those crystalized cash profits, back into CLON,....it was a nice run up last time, hoping this time will be better, with solid good news, underpinning a substantial rise, from these low s/p levels.

Happy New Year, to all here.

BW

Nor would I.

BW

Took a few more myself.

BW

Good news on the Italian front,....still underwater on GBP myself, hopefully that will change soon.

BW

Agree Sefton82,....good RNS, also been here a long time (top sliced to free PRD shareholdings, long ago),....the last s/p placings (15p followed by 5p placings), have stopped myself increasing, our PRD shareholdings,.....today's RNS, is now making me consider, increasing our PRD shareholdings;-

Extract: "The realisation of Contingent Gas Resources gives the Company an additional option for shareholder monetisation. In order to create greater financial substance a reversal into an entity wanting exposure to the Guercif opportunity should not be discounted as a future option."
Source: https://www.londonstockexchange.com/news-article/PRD/corporate-update/15285643

Happy New Year, to all here.

BW

Agree Rosty,....the consolidation that took place between FOGL & DES in Oct 2013 (dated 03 Oct 2013: https://www.proactiveinvestors.co.uk/companies/news/51990/desire-petroleum-shares-advance-as-falklands-four-way-reignites-interest-61783.html ), followed by RKH takeover FOGL in Nov 2015 (dated 24 Nov 2015: https://www.proactiveinvestors.co.uk/companies/news/119624/rockhopper-agrees-571mln-takeover-of-falkland-oil-gas-119624.html ), demonstrates an appetite for consolidation in the past,......we are holding shareholdings in all three (RKH, BOR, ARG),.....if RKH get a decent arbitration pay out, with the tiny Market Caps of both BOR & ARG,.......reflecting on past consolidation, it will be interesting to see, how it all plays out.

BW

Your welcome, Rosty.

BW