Member Info for Yanis2005

Bought some more below 3p and will be adding a lot more if it slips further. This SP decline is crazy!.

Serif, I hope the final results clarify the North Sea venture and the final results is what Simon had in mind when he said news “shortly”.

I don’t personally expect anything to happen on Morocco this year, even Simon mentioned end of the year when it was announced. I agree, having a healthy cash balance will definitely help. Hopefully a projection on revenues too.

If the North Sea venture is not cleared in the Finals report then I will be very disappointed.

Uncertainty on funding the new North Sea venture is weighing heavily on the SP.

With oil at this price the EOG yearly revenue (on 230 bopd) is half the value of the MCAP! Crazy … way undervalued.

The PR is a complete failure, he should not have announced the North Sea venture if news were not going to follow “shortly” after that.

388 reviews with 9.2 out of 10 score.. That is pretty good.

Do we know in what time period these 388 reviews were made?

Does anybody have a link to the Angus EA application on the EA website, or can advise how to get there? Thanks.

James, that is interesting as it shows a plan of the site. I was looking for the Angus EA application on the EA website, if there is a link to it.

Does anybody have a link to the Angus application? Thanks.

With due respect, IMO it was stupid to announce the North Sea venture if they were not close to finalising it.

The interviewer used the word “imminently” and Simon said news on this “SHORTLY”.

“Shortly” by any definition cannot mean months away. He said shortly weeks ago. It is time to now come clean.

The more shareholders contact them on this issue the better, it does not matter if they don’t respond to the correspondence, it will make them take note.

D-G, maybe make a suggestion to her to buy some? :)

The announcement of a new North Sea acquisition is holding the SP back - doubts on financing, fear of placing.

I sent an email to EOG on this (copy in a post below) and I suggest anybody else concerned does the same.

Dontgiveup, I think these shares are indeed genuine. Probably bought cheaper or sold with a loss, or very likely a combination of the two.

Maybe a distressed seller and this is causing others to sell too because they see the SP drop. I still believe that this SP level is a very strong support and if the ask drops to 3p I will be adding a lot more. Hopefully not.

I do hope CC buys some more shares, it will definitely give this a boost.

And here we go again … 687,050 sell at 3.05p !!

The TU was good, prospects are good. This is crazy. I will be buying more.

Thanks Ocelot.

None of the nine companies has announced that they are of the nine - CLON is no exception.

I do not think that David is so stupid as to say he was in Bolivia when he wasn’t allowed to be there. The man did not lie - David was in Bolivia.

Candi, are you saying that you now sold out? That would be the right thing to do when all faith is lost - No?

Anybody knows?

When will they be answered? Today is the end of the month.

Candi, for David to lie about being in Bolivia is criminal and leaves himself open to prosecution for my losses. No I do not believe for one moment that he was lying, I believe he was telling me the truth.

Pauly, I agree with your last post 100% - there is no guarantee that Clon is one of the 9. All we can do is hope that they are and that is the reason David was in Bolivia. Fingers crossed.

Believe what you will Inspector Clouseau. I have received an email from David on 14th September 2021 telling me he was in Bolivia at that time. I do not lie.

Believe whatever you want. Last time I am addressing this. GLTA.

UB, I agree in that it is not just a distressed seller here, is natural for some people to also sell when they see selling. So, yes it is not just a distressed seller. We had very large sells at the 3.10p level, 300k, 600k, 700k, … and these must very likely be be from a distressed seller. I would not sell 600k in one go, I break it down to get better value.

Anyway, the SP has been in the low 3p range since July, the longest it has been flat since the CBD run. IMO, 2.90/3.0p is a very strong support and effectively this is where we are now. I think we agree on this.

The SP is not likely to fall significantly from current level so is definitely not worth selling at this level. The Ask is sitting at 3.20p, if it drops to 3.00p … I will add more. IMO, down here the SP is a gift for this stock. There was nothing really negative in the last TU, all on course for sustainable profitability next year underpinned by a small increase in the cash pile.

But each to their own, this is just my opinion.