Member Info for Yanis2005

Gkp/meldewmark, I will leave it at that. You have your views and I have mine.

I am sure many people here will agree with me and many will agree with you.

Happy Christmas and a happy new year to you and everybody on this board. I hope you have a nice Christmas break.

Baits, lol even if we drop to 4p and they are still selling 100k chunks, like earlier, somebody will be buying them.

The point is, the SP was not expected, was not meant to be at 10p this time of the year. Who was it that was stating 25p at this time?

Meldrewmark, so you think that was an update and gave all the info that shareholders need.

Maybe, you can put our minds at ease and tell us

- Have they perforated?

- Did they get any oil out?

- What happened to turning the taps on before Xmas?

It is obvious from the market response that the RNS (what you call an “Update”) induced a lot of doubt and panic selling. Why do you think that is?

Baits, exactly, that is all it will take a simple tweet.

Poortiming, I never asked for an RNS.

What I asked for was an update and I think you can see that there was no update in the RNS.

What the RNS stated is “we started the test (which we know already from movement on site) and now we are shutting down for two weeks. We will give you an analytical update if due course”.

You seriously call this an update? Really?

Rocky, I don’t expect them to reply. But if they get inundated with a lot of requests from shareholders demanding respect and info, the message might sink in. They might issue an update, a tweet can do the same thing.

What worries me is the fact that there are still around 5 trading days between now and the 7th of January plus more trading days after that until they do give an update. If the current negative sentiment doesn’t change the SP could be decimated by then.

I written to Angus and also used the “Contact” tab on their website to express my disappointment at the badly written RNS and asking them to give an update to calm the markets. I made it clear that I blame the RNS wording and lack of information for the SP crush.

I wish more shareholders would do the same, they might get the message eventually.

Rxdav, fully sympathise with you. I understand exactly how you feel, I am in a similar situation. This falling SP wasn’t meant to happen nearing Xmas and is inching downwards still - all Vonk doing and is very frustrating. Totally unnecessary, had that RNS been written differently there would be a different story now. Left the market with a lot of doubts - did they perforate? Did they not? Did oil flow? Was there an issue?

I see no reason as to why the RNS could not have been more informative. The way is written leaves me worried but cannot sell at a loss, have to take a chance and wait.

From SS interview that there is no cash issue.

The intention is to keep producing until the licence is obtained in 2019 and use the proceeds from oil sales to pay for the new drills.

The current SP is a joke ... plain and simple ... manipulation. And todays spread was a joke, but they will not be able to keep this suppressed for too long, they will have to cover eventually.

Then, Baz what are you doing here?

Baits, agree, they would not issue a contract like this unless they were sure the oil is down there. The chances of oil not been there are virtually zero. SS is expecting 2000 bopd from HH next year, and also said that the kimm has some secrets to reveal. We didn’t have a Xmas present, thanks to that rns, but now I will be happy with a new year bonus.

Penceofpurpose, you lost me there.what exactly are you asking me?

Pdub, you really call today’s RNS an “update”? Seriously?

We started the test (something that we know already from movement on site) and are now shutting down for 2 weeks during the Xmas period. The company will provide an analytical (whatever this might mean) update on targeted pay zone in due course.

You call this an update?

Today’s RNS caused lots of doubts, severely dented sentiment and caused a reversal. The selling is not finished yet, tomorrow and the day after and after we are going down ... unless Angus comes up with a decent informative update.

We (LTHs) should all be asking them to issue ASAP a decent informative update, explaining what they done so far and what they are going to do. Have they perfed? Have they tried to flow yet?

The RNS today was bad ... bad .. bad. No substance in it ... we started the test and we are now shutting down for two weeks during the Xmas period. They were not even pleased to announce it.

No info in it and the Market reacted accordingly ... and is not finished yet, tomorrow we are going lower.

LTHs should be making that clear to Angus and asking for a decent update, an update that respects the shareholders and informs of flow test status; what they done so far, what they will be doing during the Xmas period and beyond. Will not take too many words to describe this.

The RNS left the market with a lot of doubt and the SP paid the price.

GoBig, fully agree.

Opportunity to top up ... then flog it one or two pence up? good strategy

Baits, the proof is in the pudding ... the SP crashed.... The RNS was bad bad and bad.

Instead of trying to justify it and find positives in it, your energy will be better spent in contacting Angus and asking them to treat shareholders with respect ... give a decent update.

Unless you sold higher and are now waiting for the share price to drop to get another entry.

If you are a LTH and p@#d off with the bad PR and the SP drop, I suggest you contact angus asking for a proper update on flow test status. What have they done so far? What will they be doing during the Xmas shut-in and beyond? Ask them to treat us shareholders with a bit of respect.

Are we certain perfing has finished? How long does it take to perf 200m?