Member Info for zebbo

Agree the wise are or have loaded up awaiting good news.....that will come. Wait for news and miss the best of the upside. Suspension could well be the outcome. Lots of deals being done at the mo throughout the industry

Shows what is possible. License award cost JOG bugger all and has added £16m to mcap 100% gain

Stand by your bed. Any sniff of production / deal / license, this will rocket

You have been warned

Interesting detective work Jim. All will be revealed soon enough

Hit the nail on the head unloved. An opportunity at current SP. Wishing I had more funds to sink in here.

I would not be surprised if we are double todays SP by Christmas if H2 goes to plan. Equally we could get taken out.

we could target SDX, Rumor or fact, any thoughts

hmmm, feels like there could be a background buyer at current price, based on price action

Not sure if there is any point either ramping or de ramping here, reckon the BB only gets 2/3 visits per day, max.

To be fair GBP is little more than an AIM shell. Lets see if Autumn drills get the SP moving. Fingers crossed

Looking at the amount of trades, the negative post have zero influence. Few sore individuals trapped here and failed to sell and get out or did sell at a loss and hound all others for no material gain

I just chuckle knowing solo will come good and money will be made....

Plus if you buy today you are buying 7% yield. Dose not get much better than this

Solid update and looking very oversold at current levels

Looks a good update and production ahead of target. Looks like MR has already got a good handle on operations. Have added more this AM. Very cheap Vs production & cash flow

Spot on CP, I am still buying and am confident that the bod will deliver.

Verging on a no brainer with the current SP

https://www.bloomberg.com/news/articles/2019-07-07/kenya-tanzania-leaders-plan-to-explore-natural-gas-trading

In a note to clients, analysts at ‘house’ broker Share Capital commented: “We maintain considerable confidence in Solo’s very ambitious strategy and (with our last published Risked NAV estimate standing at 3.5p/share) look forward to future newsflow, as the company pursues its objectives to build scale and provide important event-driven catalysts under its reinvigorated board.”
https://www.proactiveinvestors.co.uk/companies/news/223128/solo-oil-to-intensify-efforts-to-divest-ruvuma-stake-as-part-of-re-boot-strategy-223128.html

Last update indicated a possible sale. The language used indicates thats the preferred option

Thats how we also get to NAV valuation

szynd - I would hardly call my post a ramp. Just a reflection of my feeling and my glass half view on where we are. Simple as that

Sounds like a fair response from SOLO. I'm as keen as ever. Some super stale bulls here. I just dont understand why people suffer years of frustration. If I did not believe in the BoD I would just sell up and move on.

AIM is a tricky playing field. Anyone who invests in AIM should know AIM holds elevated risk. its the nature of the beast.

Ever looked at LLOY..!!!

Alan, I was thinking of the sale of Ruvuma, NAV there is $20m based on the existing farm out agreement. Read the RNS carefully, they are looking hard as doing a deal here if possible

On balance we have a big NAV gap and possibility of bagging producing assets, hitting 5000+ bbls will give us a 10 bagger from here. that fact remains

Lets hope Jon has earned his fees via finding opportunities with minimal or no dilution. If this is the case fees could be justified. But still requires further explanation.
Investment banking expertise• Led global banks O&G EMEA division• Significant transnational experience • Experienced executive director of AIM listed companies• Industry knowledge alongside PE and investment experience• Acquisition expertise in focus geographies Mr Fitzpatrick is a qualified corporate lawyer, petroleum economist, investment banker and energy sector adviser. He began his career in 1994 as a research associate at the Centre for Energy, Petroleum, Mineral Law and Policy at the University of Dundee. Recruited to Arthur Andersen, Jon continued to expand his sector expertise and in 2000 he joined Brewin Dolphin Investment Bank. From 2008 to 2014 he held senior posts at Cenkos Securities plc before moving to Macquarie Capital where he was Senior Managing Director and Head of Natural Resources for Europe, Middle East and Africa. In 2016, Jon founded Gneiss Energy, an advisory practice operating exclusively within the energy and resources sectors.