IntelliAM aiming for significant growth with £5 million Aquis IPO. Watch the video here.
We only re-listed 2 days and already people are having a pop at AM again.
I swear most of you simply cannot be invested here; I mean, why would you be?
Some people need to take a bit of personal responsibility for their investment decisions perhaps - no one put a gun to your head after all.
For what it's worth I'm still very confident and couldn't really care less about minute by minute price movements.
Best wishes to all, whatever your strategy
As well as the PIB, they also apparently need a face to face meeting with Essar. Essar based in India which is currently on the 'red' list for Nigeria so no flights in or out.
They could fly in from elsewhere but would need to quarantine on arrival.
I'm hopeful that PIB was the sticking point and that matters can no proceed.
It would certainly be the icing on what's turning into a rather large cake
Obviously delighted with the news and how nice it is to have so many LTH's posting / positioning ready for the re-list.
Plenty of people delighted / relieved; a few proved to be just plain wrong; and plenty who don't own any shares but want you to think about buying cars or paying off the mortgage. It's for your own benefit of course...... or maybe they're just sowing a seed? There are some devious b'stards about for sure.
Do your research, keep the faith etc etc.
I'd like to think we'll have a pretty good year ahead. Good luck everyone but particularly those that kept believing when things were bleak.
12 months ago we were practically broke and people were whingeing.
Nigeria was delayed and people were whingeing.
Atomic deal was announced and people were whingeing about dilution.
Q1 accounts have been filed and now people are whingeing about delays for re-listing.
Once we re-list I'm quite sure people will be whingeing about 'sellers'.
If it's 1p, people will whinge that it's not 2p
Conclusion?
People whinge, no matter what
The unvarnished truth?
We're a producing oil company
Production has grown by 50% since Q1 accounts
We are currently suspended
We won't always be suspended
Nigeria is on hold
We've paid for licenses but we don't know what they are yet
We've paid to secure gas for Wyoming
Cuda owe us lots of $$$
There has been dilution
Oil price is on an upward trend
Everything else is speculation but hey, that's the point of a discussion board
I'm very much looking forward to the next few months
I'm going to waffle I expect so bear with me.
Nothing wrong at all with fantasizing about what we'll spend our money on if we make a decent return. Not just here but in many shares - your investment gives you the right to dream and hope that 'this is the one'.
In our case, I do believe we're in touching distance of what ,for some, will be life changing gains.
The problem is when to realise those gains. Some will have had a target of 1p so will sell and not look back. Some will look to slice a bit, reduce risk and let the rest run. Some will bite the bullet and let it all ride.
I've no idea for certain what I'll do just yet - my original plan has changed somewhat and I'll wait on more detail before making a decision.
From what we know at the moment, we will be seeing increased production moving forward and there's also the bloody big elephant in the room which is Nigeria. Oh, and possibly another acquisition.
Of course there are still risks. Nigeria could go nowhere, oil price could crash blah blah blah.
I'm sure there are many who've been in for 3+ years who would have settled for their money back 12 months ago.
Whatever you decide to do when we finally re-list just be happy with your decision and enjoy any gains you might have made.
This is supposed to be the fun part now!! Enjoy.
I think it's very magnanimous of Camkite to pitch up now and encourage us all to sell immediately on re-list.
I, for one, feel almost blessed that he's taking the time to grace us with his presence and wisdom.
It's just a shame that he didn't do the basics first and know we were main market.
Rank amateur