Losing faith in Giles RNS give more details but basically 12.5 + 4.5p is the offer … I sold out
Losing faith in Giles AMER… XXXX Share prophets has something about a 17p offer today .
Losing faith in Giles AMER… XXXXX In hindsight good use of spare funds up 40% to 16.5p today after rns putting itself up for sale . I did not get the bottom 7th June and 16th July both lower at around 11.8p
AMER - Latest update The Company confirms that, at the time of this announcement, it has received a non-binding proposal regarding a potential sale of the Company and various other indicative proposals regarding the sale of certain assets of the Company. Under offer ?
Monthly production numbers in 2018 I hop … see 12p as the bottom so anything will be up … 15 - 16p isn’t that far away
Monthly production numbers in 2018 Flash.png1240x902 73.4 KB Unfortunately there does not seem to be much change in the continuing downward trend of the past few years. The promised reversal late last year was short-lived. The sparse reporting from the Company has also done little to develop enthusiasm for the shares, and production is at best stagnant. I have been giving some thought to finally cutting my losses on this one. It would be nice to see a ramp up to the 20’s but I think this is unlikely to happen for quite a while. I have been considering moving to funds to another oiler (such as Hurricane, Serica or Eland) but cannot build up enough enthusiam for them; what is the point of moving from one dog to another - I am not a flea!
Monthly production numbers in 2018 Been a while and this boards gone quiet … Production creeping back up and I’m back in this one … farm out nearly complete… to hit mid 20’s again? … time will tell
Losing faith in Giles Did the same today … seems cheap with so much going on … about due an update?
Losing faith in Giles AMER… XXXXX Some spare funds topped this one up @ 12p ( D )
Losing faith in Giles AMER… XXXXX Malcy still keen on it !!
Terrible results $108mm revenue with $43/bbl netback and can still only add $3m to cash position, how bad is that. I suspect they are lying about production costs and its a lot higher than they are trying to make out. Extortion money has probably gone up as well. 9p coming!!!
Losing faith in Giles Been out of these for a while. Never in the history of small oilers has so much energy been put into so much for so little.
Losing faith in Giles AMER… XXXXX Big fall on RNS … duster it appears. Bottomed at 13.22p … raed chat on lse Malcy claiming overdone.
Cost of production Another Victoria oil and gas this one. Reserves are low and production costs will go up as they deplete reserves, very risky with untrustworthy management in a untrustworthy part of the world.
Cost of production Why leave this figure out, highly suspicious and shows productions costs can’t be good.