Trap Oil Grp Share Discussion Threads

[miahkaysor] 11/6/2015 15:58

1.50p soooooon!!!!!!!

[ohisay] 11/6/2015 15:30

Dem Bones is surely dry.

[ngms27] 11/6/2015 15:27

Buying on the niobe spud

[bustedflush2] 11/6/2015 14:11

mugs buying before BUST

[don777] 11/6/2015 14:09

possible any t/o news/rumors?

[bones698] 08/6/2015 14:58

Cos 15-25% and haemorrhaging cash not a good position hence the mkt cap next to nothing . With traps record cos 0% tbh lol

[bones30] 08/6/2015 14:32

£3.0m paid to fund the drilling of a well on Licence P.1889, Blocks 12/26b and 27 (“Niobe”), planned for June 2015

--- current market cap: £0.715m

[bones698] 08/6/2015 09:51

Horn dean I wouldn't say that at all it has liabillities and is loss making so it's this or bust .
As several have said before even if they hit they won't be able to do a lot with it and would have to sell it for peanuts due to the position they are in . Chance of success 1 in 8 I wouldn't get your hopes up tbh and it's a slim chance of hitting and the risks are high with athena weighing heavily around their necks

[ohisay] 08/6/2015 09:36

Bit OT - I was wondering what had happened to my sell - well its here on the other (ISDX)market.



Interesting - that this exchange doesn't get much coverage..

[ohisay] 08/6/2015 09:05

Just sold the 200k capful I bought in April for .28p for .52p.
Just enough for a couple of cases of good wine...
I said then I was 80% sure I could make money here by holding my nose.It was priced for oblivion after all.
GLA.

[horndean eagle] 08/6/2015 09:01

In fairness even if Niobe turns out to be a duster you would think as a cash shell TRAP would be worth at least its current market cap. On a risk reward you could make a reasonable case for a punt.

[ryan83] 08/6/2015 07:58

I guess aiming to fail is their mantra lol

[captain james t kirk] 08/6/2015 07:56

The "dry hole" case really sums this lot up. It's been used on every spud to date.
Have they never heard of TD.

[kev0856153] 08/6/2015 07:34

This must be a mistake. Bones698 has said time and again niobe won't be drilled.

[ohisay] 08/6/2015 07:09

Traps last jape (with apols to S.Becket).

[rogerlin] 05/6/2015 13:45

Slide 9 nice cartoon of Niobe.

[irnbru2] 04/6/2015 20:52

Agree,

Even if they hit, they will waste it.

AIM scamm.

[bones698] 04/6/2015 18:16

Roger well it might provide a slight lift if it hits but the chances are slim and even if it does with the poo where it is not many will be keen to pour money into developing it now . Trap have messed up everyway possible and even a success will have limited impact as trap are in the worst possible position . Unfortunately it's allbut over here . If they do hit its the chance to get out but how much willit rise 50-100% only gives 0.5-0.6p so nobody will be in profit then . If it misses which is the most likely outcome will they wind it up ?

[rogerlin] 04/6/2015 16:21

The Ensco 100 is leaving Dundee for Niobe I think.

[irnbru2] 01/6/2015 13:13

Looks like it was an AIM scam, from the start.

[bones698] 01/6/2015 13:01

Back down we go now a few mugs jumped in without realising this is a complete dog and heading to bankruptcy or as good as imo