Member Info for YorkshireLife

BigBear...

1000 bopd would be fine if we didn't have such high overheads...

SP where it is due to muted market reaction & muted trader reaction... sensible people sitting on the side-lines awaiting CONCRETE news flow.

Hints and promises won't cut it anymore - too many notched up past failures for anyone to take them seriously.

The only thing that's going to move this now is confirmation and quantity of oil flow... sadly... anything else will leave all but the hardened cheerleaders too sceptical to invest further "wherever" the SP bottoms out.

People seeing value even at these levels are missing the point: if ANGS fail (yet again) to extract meaningful volumes of oil.. this company is still way overpriced!

RNS translation from Angs to English:

Although we've worked to schedule so far.... we're now going to kick this one into the long grass for "reasons" best known to us."

8p Maddog?

Do you have a magic lamp... just rub three times and make a wish... I think it's the same magic lamp our management(!?!?!) are using ;-)

Well as a Yorkshireman yourself Baits, you'll know that we "call it as it is"... warts and all... and give praise where praise is due...

From where I'm standing... all I've seen is a glimmer of hope and a whole lot of warts here to date! If the current shambles "eventually" changes for the better, then I will be the first to shower praise... my solemn promise!

Maddog....

LOL :-) Okay.... I'll try... sadly back in the real world I wish I had invested in trustworthy management who know how to deliver... sigh.....

you live and learn :-(

Baits,

At least Vonk generated "genuine" interest in this company from investors... all Tideswell and crew have done is sh8ft the SP since they took control...

Besides which - you seem to be forgetting - that Tideswell has "always" been involved here. He crashed the SP single-handedly by selling (or did he... we still don't know?) his shares off through a third party before he was removed from the board!!!!!

You cannot seriously be suggesting that Tideswell and his cronies are anything but a liability? The current FACTS clearly state otherwise! :-(

Agreed.

Since his "unorthodox" takeover.... Tideswell has successfully managed to wipe a further 80% off the share price SO FAR!!!!! Great work :-(

Nobody gives a f*ck about water... what we need to see is OIL

1% odds I would give you WL1516...

That's about the same ratio currently served up by GOOD V BAD RNS's over the past two years or more.

Their "statement" means nothing Bananfishbones.... PROOF is what investors and the market need now. Too many false hopes, disasters and delays for anyone to take what they say seriously without SOLID VERIFIABLE PROOF!

so, gpmh1,

by the guidance given, we have yet another 46 days (or thereabouts) to establish even "IF" we have any oil.

Plenty of time for our (wonderful) management team to drop yet another dirty bomb and destroy the SP even further (sadly - they are already well practiced at doing it!)

NO PROOF OF CONCEPT for at least another month folks... no point whatsoever in throwing away more money for a while yet...

Commiserations to all "genuine" LTH's (myself included) :-(

The problem is Baits... so far all we've actually seen is "f-ck all coming out of the ground" and until that changes... predictions are just that.... PREDICTIONS.

All we can base LIKELY outcomes on are past experiences... and past experience with ANGS just about sums it up for me right now..... SH*TE! UTTER and complete SH*TE.

One for the traders Baits...

Which is why they're all on here like a rash encouraging folk to buy! :-)

Baits,

I haven't sold... just underwater and amazed and annoyed with the same "fickle" folk who are STILL spouting £1 rubbish when we all know this is a dog "until" proven otherwise.

Where did patience get anyone with this share except further losses. Every time it dips folk say NOW is the time to invest - only for proof of concept to be kicked into the long grass once again.

We will not hear anything here for weeks... possibly even months now, and even then - given their record - it's more likely to be bad news than good!

BigBear: "If this flows at a decent rate and Balcombe flows in excess of 1000 bopd this will be well in excess of 10p"

"IF" is a very BIG word for a company that has to date: systematically failed at ever turn to prove their "jam tomorrow" concept. The only thing they seem to be consistently good at is crashing the SP to new lows!

But don't worry... they now want yet more of your money to potentially invest in YET ANOTHER unproven prospect to add to their list.

Why do they need another - I ask myself - if their current prospects are so sh*t hot?

I guess that's why you call yourself "MAD" dog?

We'll be lucky to see 10p EVER AGAIN... let alone a pound!!!!!!

LOL :-D

If Tideswell has "lent" any of his shares out AGAIN to his city mates for shorting?

Still haven't heard any resolution of the last time he was caught doing this?

are mug punters here expected to keep on averaging down in vain hope when our management(?!?! LOL ) "repeatedly" keep shelling out ball busting RNS's that only make the SP go one way.... further DOWN!

It's PROOF OF CONCEPT TIME! Nothing else will come close to convince the market this is anything but a bloody joke!

Not a hope in HELL! More like 4p if we're lucky in 6 weeks time.

The BOD are assisting their city friends in shorting the f*ck out of the SP. They'll buy back in lower and the SP will rise in time... IT WILL HAVE TO, because who - otherwise - is going to pay for their now "expensive" share offering?????

George Lucan, Managing Director, writes:

"There is never a good time to go to shareholders for cash, but we come to them now with a new and well composed Board, a clean financial sheet, a definitive and well communicated timetable of actions and an opportunity which the Board believes will, if and when completed, bring shareholders considerable value.

Going forward, it is the view of the Board that, wherever timing is appropriate and appetite is likely to match needs, existing Shareholders should be given reasonable opportunity to participate in the equity offerings of this Company."