Savannah Petroleum Share Discussion Threads

[kirkuk] 19/10/2017 09:04

Hope it's not AK & Jessica!!!

[honestmarty] 19/10/2017 07:31

I take it that's a no then Mount Teide?

How are you getting on with your "special knowledge", gleaned from the poor dim-witted Jimmy?

You really are quite the prize, grassing on him to his boss, a real charmer.

I don't know how much knowledge you have on Nigeria, what you have googled, or read in a newspaper, but my discussions with Nigerian colleagues and in country non-nationals, lead me to want to avoid any dealings with the place.

As for TXP, granny is doing pretty good at sucking her eggs without you.

[ryan83] 19/10/2017 02:27

Lh, stay away from bridges lol

[mount teide] 18/10/2017 23:16

Zengas and i previously mentioned TXP as a company worth checking out - the undervaluation situation there compared to peers CERP and TRIN is huge; multiples of the share-price it came to Aim on four months ago. That is now starting to change - every day for the last week or so has seen more volume than all 21 trading days in September combined, some days have seen 3-4 times September's entire volume.

Tonight's company presentation and Q&A session by the hugely impressive CEO laid out well the investment case and is now available on the website - one snippet - next year's programme of 20 low risk wells and 24 well makeovers are all self funding!

Declaration - i hold 0.88% of TXP, mostly built up over the summer.

[mount teide] 18/10/2017 22:57

LH and dishonestjim - if you did a little research instead of spending your time spouting inane, largely fact free nonsense, you would find Niger is considered a far more dangerous place to visit, work and carry out business than Nigeria. So if you are long, why did you you invest in SAVP in the first place if you don't like that type of risk?

Clearly shows the appalling quality of your research because by diversifying into Nigeria Sav P would actually be lowering the investment risk!

Clueless, totally clueless.

[honestmarty] 18/10/2017 22:34

I'm with you LH, miserable B that you are.

Perhaps we need to start writing to our fellow shareholders(II's) and company non-executives?

The investment press would love this as a story. Private investors take on masters of the universe.

I have all of my pension in here FFS, the Daily Wail would cream their drawers over it.

Anyone else interested?

[honestmarty] 18/10/2017 18:51

Poor old Agadem has been called to account on LSE.
This is really starting to fall apart.
All hope is gone now.

Best laugh I've had in months.

[lithological heterogeneities] 18/10/2017 16:43

double lol

[kirkuk] 18/10/2017 14:46

lh. You're not doing a very good marketing job on
selling your shares!!

[dorset64] 18/10/2017 14:09

LH, as Mount Teide says above, how many shares do you have and at what price will you take for them, serious Q. Private message me if you want to but just to be upfront with you, I wont be paying anywhere over or indeed near their suspended price to do a quick deal.

[mount teide] 18/10/2017 13:44

LH - name a price for your shareholding - some might be willing to put YOU and THEM out of their misery by taking them off your hands prior to re-admission!

[divmad] 18/10/2017 11:43

That's odd. I filtered that gentleman after reading his incessant negativity.

[honestmarty] 17/10/2017 16:15

Bushranger, I would ignore the fall off after the CMD meeting. The net sell volume was very small. There was an expectation of funding being announced and I suspect some hot borrowed money had moved in expecting a quick profit. When no news appeared they sold and moved on. Hence the drop.

[mount teide] 17/10/2017 16:14

6.55% (12,484,202 shares) Short Position prior to suspension!

Tick Tock !

Over 6% of the short was built up mainly in March 2017, pre and post the Operational Update (Drilling Rig Letter of Award and Order of Long Lead Items), at an average price circa 33p

The delay to drilling announced shortly prior to the RTO announcement had little impact on the overall size of the short position, increasing it only marginally to 6.55%.

Any significant return at a premium to the pre suspension share price would put them seriously underwater.

Clearly to build that huge short position back in March in the space of a month or so, one or more II's must have lent out the stock to them for a fee.

What many PI's would probably like to know is: how has it been possible to build such a large short position so quickly without at least one organisation reporting a notifiable position (greater that 0.5%). Makes little sense.

Have written to the AIM Regulator asking them to investigate.