Member Info for YorkshireLife

If we could kick your Toxic "Alicante-loving" friend into touch... perhaps we could leave the past behind us, Torreaguas...

Until such time... the only thing we can be sure of is that there will be "yet" more promises and "yet" more failure to deliver on them...

...just as sure as Tidswell is Tidswell

YL ;-)

Yanis: "YL, didn’t you make your last post when you sold at 0.7p?"

I decided (temporarily) to take a leaf out of Tidswell's rule book: "Promise one thing ...and deliver another!" just to see how it worked out. It's just not me though TBH.

As for why LTH's who have sold out / or are underwater are still here... it's really not a very difficult concept:

They (myself included) hold Tidswell and his cronies responsible for the SP crash, failed promises and duplicitous conduct whilst in charge - so when we read the same old tired promises being spewed out yet again under a new heading (Saltfleetby anyone?)... it encourages us to remind people about this company's recent past failures... failed promises ...missed deadlines & large salary funding placings...

Not rocket science... and more genuine than the ramping rhetoric that Anguish Cheerleaders constantly spout I can assure you. Until there is clear daylight between Tidswell and the day to day operations of this company... NOTHING can be taken on trust... unless independently verified.

Q: Sadly Lucan has no oil & gas experience... so who do you think currently advises him? The same man who appointed him perhaps? And who would that be?

A: Tidswell... DOH!

YL ;-)

You should ask him GKB he visits this BB regularly... I hear he's fond of Torreaguas!

YL ;-)

Unless the SP recovers considerably and quickly, I seriously doubt there will be a rights issue.

Nothing would be achieved by further dampening the ridiculously low SP and besides: DBAY have already provided liquidity precisely to enable the company to go back to The Market when they can guarantee better terms. Think of DBAY's loan as a "bridging loan"... and then perhaps you'll better understand what is happening here and how the full story is likely to play out.

DBAY will either A: Wrap ESL up as an attractive take-over target (to make money) or B: Restore ESL as a profitable going concern (to make money). This is what DBAY do to make a living & they are expert at it!

Invest... sit back & relax... take profit...

YL ;-)

Yanis: "I was loosing around £80k on Angus then I added at 0.9p, 0.8p, 0.7p, 0.65p ... 1.05p. Now I am down £60k. I know what I am doing"

There's nothing quite like blind faith! (especially in a company that have so far only ever delivered failure. I hope - for your sake - this time will be the exception Yanis... just like the last time... and the last time... and the time before that...

They say "history teaches us lessons" - perhaps it teaches some more than others?

YL ;-)

Mcadder: "the disconnect between the value of the company and the current SP is plain to see."

Couldn't have put it better myself.

A buy all day long at this stupid discounted price - just a case of patience and inevitability IMHO.

YL ;-)

LL: "some companies will remain rotten to the core"

... and Angus (whilst Tidswell is still on board) is CERTAINLY one of them. Watch and learn. I will come back and say I told you so when Balcombe proves to be a dud and Saltfleetby costs infinitely more & produces considerably less than they ever told you... if they ever reach that stage.

The one thing LTH's can teach newbies here about Angus (and this cannot be denied on "all" the available facts to date) "They cannot be trusted!"

YL ;-)

Baldy... don't worry! hedge Funds are on a shorting frenzy this week - riding on the back of the Coronovirus .... (I actually know someone here in the UK who has been diagnosed with it - he says he has had worse colds!!!!!) Just an excuse to make money... no substance to the drop in SP... watch the SP rise (when the Hedge Funds are fully loaded) and join in the re-trace party.

The Market are drama queens... for a reason... it scares PI's out of their holdings and makes the Big Boys money!

Sit tight and ride this out like they will.

GL A

YL ;-)

What I will say is I wouldn't want a "market maker" watching my back in a real crisis... could you imagine them holding their nerve on a battle field?

Good grief!!!!!!!!

Practically everything's down today...

"Market" using the virus as a convenient excuse to create volatility. One day it's a disaster waiting to happen... and the next day it's not... then it is again... then it isn't... yadee... yadee... yadee... what a load of utter b*ll*cks... next month there'll be another reason... then another... then another...

In the meantime... if it stays down here too long ESL will be bought out... so I couldn't care less

GL A :-)

TS,

Following their usual MO... I expect they are "already" in negotiations with a potential suitor & it wouldn't surprise me if they are manipulating the SP to enable a lower bid offer to succeed. It's what they do!

So long as they make money....

Nevertheless, I expect even a cheeky buy-out would be multiples of where we are right now... so couldn't care less what happens until the fat lady sings!

GL A :-)

Mark,

Agreed. Seen it many times before... stupid share crash followed by a sudden "unexpected" buy-out offer - and "as usual" PI's are the last to know what's really happening!

I'm going nowhere until this plays out. We are in La La territory now at 9p!

YL ;-)

WTF... at these prices I don't know why DBAY just don't put in a bid to buy the rest and control 100%!

SP is a joke... we now have more in cash carry than Mcap! Go figure?!?!?!

Wolf...

Couldn't have put it better myself.

Angus's latest pump & dump (for the benefit of RiverFort who still have millions of shares to pass onto the unsuspecting).

Stay invested here longer than a day or two and you'll join the ranks of countless other underwater investors who haven't a hope in Hell of ever seeing their investment back.

High risk day-trader territory only! If you make a profit - take it and run IMHO!

YL ;-)

"AT selling is a good thing-he built the company!You should be asking what he knows that you don’t!"

But he "obviously" knew enough to put in a bid himself! ... the only reason we aren't currently buying into ESL headed by AT is that he failed to win...

So now he's now selling down because he got his own figures wrong?

I don't think so! Let's face it: it's probably not been a great experience for him and he just wants out IMHO.

YL ;-)

Just added another few thousand...

It really is no-brainer at these levels! I guess - if nothing else - the volatility here is allowing many PI's the opportunity to trade on the peaks and troughs. Over the past week or so, I have almost managed to double my investment here!!!!

GL A ;-)

Neilmac2002,

I've been wondering myself... and I have a possible explanation:

it's half term! Maybe "some" of the posters on here aren't really old enough to buy their own food and clothes yet... let alone give investment advice to others?

GL all "genuine" adult investors

YL ;-)

Been watching & waiting in the wings here for quite some time... invested earlier today and have a hunch that news could land sooner rather than later here...

Gone with my gut on this one!

GL A ;-)

Fell below the 14p target I thought it would finish at... but "seriously" - who could be disappointed with a 27% gain in one day?

Hope the weekend de-rampers have wandered off with their tales between their legs... if not, then they obviously have NO SHAME!

YL ;-)

https://app.webull.com/stocks

Morningsun,

I find this site useful

YL ;-)