Solo Oil Share Discussion Threads

[m0rrisminor] 22/9/2016 17:42

does any one have the connection to the pod cast of our glorious leader NR , I would like to listen to his wonderous stories if any body could be so kind thank you
M0rris .

[m0rrisminor] 22/9/2016 17:31

Give him time give him time !.

[c31161] 22/9/2016 17:11

I believe in him he is a top oil and gas man he has just been unlucky, look at reef they have the oil it's just too cold to get it out of the ground, Tanzania delay after delay not Neil's fault aex are the operator, not aex fault either it's just the culture of Tanzania. Look at our big discovery in tanzania tullow pulled out because they drilled a buster neil said lets drill deeper and he was right. Now they have looked at the new seismic and it shows the discovery but I mile away the seismic has thicker shows.

[c31161] 22/9/2016 16:05

I know what dilution is, what I said was when buying into a company it makes no difference how many share are in issue its the market cap

[c31161] 22/9/2016 16:03

Well sell its none of your business unless you are a holder

[simon8] 22/9/2016 15:58

C31161....if you're taken in by the hot air and it makes you happy then all well and good, but in my view you are a complete fool which to be honest is clear from previous statements you have made on here such as the number of shares in issue makes no difference which clearly underlined you don't understand dilution! Ritson on the podcast was clear that he had diluted PI's and he intended to do it again when he needed more funds....

Oh and his 1p a share.... that is > 4X the current share price ...

I recall watching a podcast of him re LGO a couple years back when the share price was 4p and predicting he had no reason to believe it couldn't lift to 10p...where is LGO's share price now?

[c31161] 22/9/2016 15:53

Simon8 well sell, that if you have any shares

[c31161] 22/9/2016 15:49

Simon8 you talk total rubbish

[simon8] 22/9/2016 15:45

Just listened to the podcast - loads of hot air and company making statements - what if after what if but absolutely he will dilute again to raise funds...oh and we're undervalued and wouldn't it be nice if the share price went up to a penny.

Heard all this type of stuff before whilst a suffering LGO shareholder.....

Cut's no ice with me I'm afraid, deeply sceptical of the man.....

[c31161] 22/9/2016 14:47

NR podcast just what you need to hear

[mickey take] 21/9/2016 17:42

Holders should call an EGM and have him voted out

[simon8] 21/9/2016 15:13

Yes it's mostly been buys around the 0.23p level today 0.24p yesterday but down it goes. Reason, another BILLION shares are about to be out there (to be churned, leave massive overhang?) at a price of 0.18p. I've been in an awful lot of AIM shares in the past and followed many more and I can't recall a single instance where the share price hasn't eventually fallen to or below the discounted pacing level.... It' the way AIM operates... I feel sorry for all old holders (including me)and those that are still buying in... momentum is downward. We also suffer the NR effect and the fact that there is no guarantee that he won't do the same again in another 6 months..... money for old rope this CEO of AIM companies. I personally think there should be a major review of AIM and people like NR should have there remuneration pegged to results......

To get us longer term holders back up in profit there is going to need to be one heck of some good news given the level of dilution we have taken.......

NR - needs to go, no faith in the bloke, should hand back his salary and walk away with his head held low in shame IMO..........

[doerx2] 21/9/2016 13:25

Not 1 sell and down. Pos

[simon8] 19/9/2016 14:19

Don't believe all DL tells you, there are major on going O&G projects in Tanzania that are being and will be project financed by banks. And probably more besides, Tanzania is one of the more reasonable investment destinations in Africa.........

It is just easier for NR to dilute in favour of the city boys who will churn, PI's screwed as always. If he took out debt he would be forced to run the company properly as he'd have them looking over his shoulder asking where their interest payments are! And he's already had that experience at LGO together with mismanagement and hacking off the banks - say no more!!!!!!!!!!

[c31161] 19/9/2016 13:36

DL told me no bank would lend money for work in Tanzania it's too big of a risk for them

[barony] 19/9/2016 13:19

filter still works!

[c31161] 19/9/2016 13:00

Barony do you really think they would dilute if they didn't have to, and do you really think they haven't thought of your ideas

[barony] 19/9/2016 11:30

Still no reply from Solo to my plea for a plan that did not involve never-ending dilution and no rewards for investors.

[simon8] 19/9/2016 08:50

Agree Dorex.. rubbish management as always from NR, he ought to be stand down, LGO decimated and SOLO being diluted out of any value - what 6 billion shares now..... this has killed value. He is an incompetent who shouldn't be allowed near AIM, though of course AIM is designed just for this type of incompetent!

[rwauu] 17/9/2016 11:30

No worries mate, lets just do megadilutions and continue putting placementahollions on a market. Who cares about mug punters anyway. These lifestyle companies never ment to bring any profit.