.

Yes as stated "The RISKS" are always highlighted, But so is the potential, which could be MASSIVE!!..

hmm! i/we see plenty of the potential (mainly bullshit and ridiculously overstated anyway), which is often put across as "racing certainty" but very little on the chances of failure - except by me and one or two others

depending on which way the wind is blowing on a given day, whereas oil from loligo was once deemed by some to be a racing certainty (actually no better than 5/1 against), gas is now deemed to be every bit as good (totally disagree; i and several others, think gas is little better than a duster)

the perfomance of DES is a good indicator of what failure brings (even with a gas find!), and RKH has fared little better even though sealion is arguably commercial in its own right

Depends on the size of the gas (possible discovery)...discovery...if it is something like Cove's in East Africa : then the sp would rocket...but it's all guesswork at the moment...

By my calculations, if they keep drilling beyond the target depth, they should come out somewhere on LON 120° off the south coast of Australia (haven't worked out the LAT yet), so lots of potential to hit something! Confidence is high!

Got your sub 60p yet ?


HARRYCAT - 06 Aug 2012 08:03 - 1149 of 1457
"It is anticipated that the well operations will be around 60 days".....so am expecting the sp to drift sub 60p.

Nope. I'm very surprised the sp hasn't drifted much further south, but that's life! To be fair it did get just sub 70p in late July, so no reason it wouldn't do the same again.

and market is showing remarkably little interest in either direction which is fairly suprising

cynic, just like Sea Lion before that discovery. At this stage of the game everyone knows the top slicers are top slicing - so any buyer just has to casually mop up the sells by letting the share price drift.

The first thing you will know about any coming news will be a massive volume spike of over 4.5 million shares in a day - if that happens then watch the share price movement.

Until then, it will drift now - I would expect thousands are watching waiting to buy good news - everyone who wants in, is in already, like me - and so the only people really trading now are those top slicing or selling before results - hence the sideways drift.

maybe, but that has been flagged before, if not here then elsewhere, and nothing at all ..... you rationalise, for i am 97.5% certain that in may other cases of these spivvy companies, sp has been very heavily traded and pretty volatile for several weeks before any result is known ..... in the case of fogl (and yourself) may well prove to be more like rumplestiltskin (or the miller) than sleeping beauty

cynic - there is your problem.

FOGL is not a spivvy company - and you hold no FOGL stock.

Why not just stop pretending and admit you hate the company, you think its going to fail - but just in case there is good news you will be loud mouthed about buying and selling and making profits "in the hand" after the news.

Thats your normal operational mode..........

arsehole! ..... your knowledge of my holdings and trading pattern etc etc is based on as much fact as so many of your posts .... if i say i hold a certain stock, then i do - unlike you, i have no need to lie ..... my holding in fogl is now modest as always admitted, though it was too large for my personal comfort a few weeks back ..... it would profit me greatly if fogl did beat the odds as that would almost certainly have a knock-on effect on rkh, which i note you do not tell me i do not hold

and of course i do not hold DES though i did indeed make a very tidy turn in less than an hour when the lemmings (and you?) got overexcited ..... sp is now back where it belongs, surprise surprise

DES ? I only ever traded it once, and made on it.

Apart from that DES was the ramp baby of markymar.......... nothing to do with me.

i know for sure mark made a fortune on RKH and then blew virtually all of it by failing to bank his profits ..... silly ass, as he readily admits

RKH, in at 37p and out at 300p.

I made loads............. you made a little thanks to your constant buying and selling all the way up.

I was in XEL at 20p - you were posting for months how I was wrong and it was a bad stock as illiquid and nobody should buy it.

Then nearer 100p you brought in........... LOL

I sold that at 400p thanks.

You were wrong on that one, in a spectacular way, when it was dirt cheap and people could fill their boots, as I did.

Its all pointless, and I really do not see why you bother keeping going to the gutter level with your snide comments and nonsense.

If you do not like FOGL - say it.

Far more ramping going on on XEL and you are as quiet as a mouse about it - why ? Because you hold a load of XEL.

That makes you a hypocrite, not a cynic.

Uh oh! Mr C. looks like you may soon be added to the squelch list at the top! Bit like an ASBO really. A badge of honour! ;o)

No, the list at the top are muppets - cynic has not resorted to complete muppet level yet, so no ASBO for him.

LOL!

P - you really are unbelievable (so what's new?) ..... yet again you show that you draw conclusions from thin air with no facts to support ..... i have said my piece about FOGL and why i hold as many (or as few) as i do ..... i hold approx twice as many XEL which are now at more or less b/e ..... i hold an awful lot more (inter alia) of AFR and TLW which i consider to be companies of far more substance