Member Info for Wryape

These increases are a very nice surprise - wasn't expecting this much. One of the long termers. I have wayyyy too many of these but at this price it just too cheap. value will out eventually and if we are still at this level tomorrow I'll be adding again.

Added again. I have far to many of these but assuming they get a drill in the ground this year I see no downside from here on a 12 month time frame.

Well something certainly seems up...

It's very simple, this was priced to go bust but it's now clearly still a going concern.

Has to be a target for a bid if it stays at this level. Which it probably won't.

10/10 for stating the blinding obvious.

What you mean is YOU don't think they will get a drill rig etc.

Only time will tell.

Couldn't resist, didn't think I'd get a chance at these levels again. Happy Christmas.

Usually id agree with you but for RoJo I would make an exception. His repeated pointless bashing of aex and anyone positive about aex future is dull beyond belief.

Yup. Not going bust. But currently priced as if it is.

Has to be a bid target if it stays down here.

Some mental posts on here last couple of days.

One guy is holding a long spreadbet but 'expecting' bankruptcy news.

Another says 'people in the know are dumping' but is in for the dead cat bounce!?!?!?

Another guy laughing at what he claims is the prospect of the receivers being called in despite the pain that would cause for shareholders and employees.

Whatever is going on certainly brings seems to bring out the nasty and stupid.

FWIW I think the company is a going concern and is cheap at this price. Cant see any lender sending it down the tubes.

Drill start for CH1 already included in today's valuation?

Hahahahahahaha. You're having a laugh right?

If we are sitting at 1.2p when the drill goes in for CH1 ill show my bum in Burtons window!

Yes it's just a wheeze to allow them more flex. It only effect nominal value, no effect whatsoever on the shares worth. Hoping they need this additional flex in order to take product to market :)

give it a rest rojo.

its ******* boring.

Just caught up on the news. Might have to upgrade these from bottom drawer to middle draw. Expect us to be far higher now by the time the drill get in the ground.

I think 1.5p is a little Conservative for a successful drill given we are fully funded for a while. 4p+ would be my betting

Or the 3d can confirm for you that your drill is in the optimal location.

Is it ROJO who is eating his hat if the SP goes above 1.4p before the end of the year or someone else?

Whether sells or buys they are all in the price now. If people are taking profit fair play to them but ill wait until the drill.

Not at all. Plenty of people here for, or getting in for, the production. Sure some short traders but thats the case on any share

So many words for something so simple. There's a very slim chance of oil. Not worth buying AEX on that basis. Luckily there's lots of other good reasons to buy AEX at this low price. Anything other than gas from CH1 is just a bonus.

I added for the first time in a few years this morning. My main concern had been a significant delay in the drill but im content that the messaging in the last RNS derisks that somewhat.