I assume most readers have come across the news that gas prices have been roofing it recently, but as always I realise I probably watch gas and oil price changes closer than most so maybe not. So I thought it was worth highlighting some of my thinking on what this means for some investment cases.
It was only back in July that Reabold Resources (RBD), made an initial approach to take-over Deltic Energy (DELT). I did not like this proposal at all and concluded Reabold should just sod off, which it would appear it did, at least so far. On Friday Independent Oil &Gas (IOG) confirmed it was considering a take-over approach for Deltic. Once again I find myself questioning the very idea of a takeover.
I commented last Wednesday on Independent Oil and Gas (IOG) and how making sense of the farm-out agreement to CalEnergy announced some 10 days ago was rather difficult. I suggested Independent could perhaps publish a presentation to explain the detail? Independent obliged on Friday morning last week. Now either I’m losing the plot or Independent is? Which is it?
I commented recently on Independent Oil and Gas (IOG) and how I considered the Harvey drill was crucial to the company’s future and a farm-out prior to the result was very unlikely. Well I was wrong on the latter point, as last Friday the company announced a farm-out to CalEnergy Resources Ltd, part of the Berkshire Hathaway Empire. The detail however only reinforces my view the Harvey drill is critical to the company, and if anything, is now even more important.
Independent Oil and Gas (IOG) has been on a roller coaster of a journey over the last few years, with plenty of highs and lows. Some aspects have been of its own making, such as the unsuccessful appraisal drill of Skipper back in 2016 and some due to external influences like funding by what increasingly looks like a chain of fraudulent financial backers in London and Capital Finance via London Oil and Gas.
There is a real spring in my step as I consider a new business idea and as the scoops just flow in. I start with Argo Blockchain (ARB), the pot plan and the convicted heroin dealer. Then I out Big Sofa's (BST) new customer. I look at Cabot Energy (CAB) as it dissembles again. I pick a fight with the man Gary Newman thinks is a genius, Andrew Monk, over RedT Energy (RED) and then look at the shock placing by Independent Oil & Gas (IOG) and where that leaves Rock Rose (RRE). If you enjoyed this bearcast please follow uber generous Rob and make a small donation to Rogue Bloggers for Wodlarks HERE
In today's bearcast I look at Minoan (MIN) as Richard Jennings of Align threatens to call an EGM, at RockRose Energy (RRE) and Independent Oil & Gas (IOG), RedT Energy (RED), SpaceandPeople (SAL), Majestic Wine (WINE) and at Motif Bio (MTFB). If you enjoyed this, almost 100% profanity free, bearcast, follow a bloke from the Grim North who donated enough to buy a whole house in the welfare safari and support the Rogue Bloggers for Woodlarks HERE.
Things are moving rapidly in the collapse of the London & Capital Finance ponzi scheme, which fleeced 14,000 punters – mainly pensioners – by offering high yield bonds - and which ShareProphets has done so much to expose, as you can see HERE.
Forgive the title. It is the new song by my pal Dominic Frisby which you can see below. It covers Brexit and is, I think, rather funny, no: it is pure genius. In my podcast, I look at Red Emperor (RMP) and the other Winx plays, Mirriad (MIRI), FinnCrap (FCAP), Akers Biosciences (AKR), Independent Oil & Gas (IOG) Nautilus Marine (NAUT), a real dog, and finally I have a hot deeply discounted placing rumour on I3 Energy (I3E). If you enjoyed this bearcast, follow Jim Mellon and support the Rogue Bloggers for Woodlarks HERE.
I cover WH Ireland (WHI) and the crisis engulfing the small cap world in a serperate bearcast HERE but touch on its downfall in the main bearcast. I look at Mirriad (MIRI) which needs to fess up as to how much cash has not yet been spunked, Rose Petroleum (ROSE) and insolvent Cabot (CAB) and the panic sells created by the demise of City Financial Investments, the bid for Independent Oil & Gas (IOG) and at Debenhams (DEB) where the worst is yet to come. If you enjoyed this bearcast, follow Jim Mellon and support the Rogue Bloggers for Woodlarks HERE.
AIM listed Independent Oil & Gas (IOG) has today issued a statement in relation to London Oil & Gas (LOG) run by Amber Rudd’s pal and donor Simon Hume Kendall and it unwittingly confirms Sunday’s scoop HERE that LOG is the recipient of £122 million of the £176 million leant by London & Capital Finance, the ponzi now in administration and under full FCA enquiry.
In today's podcast I take a detailed look at Boxhill (BOX) and at Yu Group (YU.) - I believe numbers from neither. I ask questions about Staffline (STAF) and its curious statement today. And i also do some number crunching on the living dead, Phontonstar Led (PSL) and have a few thoughts on Independent Oil & Gas (IOG)
I have already noted how London Oil & Gas, the company that is using Ponzi fraud cash from related party LCF (now under full FCA investigation) , to fund AIM listed Independent Oil & Gas (IOG) was linked to a bent solicitor and a Tory grandee. But the links with the nasty party are far deeper and go right up to the ghastly work and pensions secretary, and former stockmarket spiv, Amber Rudd.
Oh dear, oh dear. This really is proof that Independent Oil & Gas (IOG) is - whatever its scumbag Nomad FinnCrap (FCAP) claims -complete toast. You will remember that Independent owes more than £30 million to unquoted London Oil & Gas. That money has to start being repaid within a few months and Independent will go bust unless London provides more funds. But London has borrowed money from LCF a related party firm subject to a full blown FCA raid as it is a ponzi fraud as we showed here yesterday. That cash is repayable on demand. Now read on....
AIM Casino listed Independent Oil & Gas (IOG) is dependent on financing from London Oil & Gas which in turn is dependent on financing ( repayable on demand) from a ponzi called London & Capital Finance now the subject of a full FCA raid and lockdown. We have covered this extensively already but there is more...
In this podcast I thinkI agree with Dan's tip. I then look at Independent Oil & Gas in light of Jim Armitage's article in the Evening Standard which takes this scandal forward some more. I cover ramp dog Chesterfield (CHF), Marks & Spencer (MKS), Gear4Music (G4M), Halfords (HFD), Starcom (STAR), UK Oil & Gas (UKOG), Angus Energy (ANGS) and the zero scenario, and Carclo (CAR). Tomorrow I may have better things to do than a bearcast as is the case every January 12. Or maybe not!
Following on from yesterday's bearcast I discuss the noise and the silence surrounding Anglo African Oil & Gas (AAOG). I look at ITM Power (ITM), Cabot Energy (CAB), Starcom (STAR), Quadrise Fuels (QFI), IQE (IQE), Accrol (ACRL), uber-smelly Independent Oil & Gas (IOG) and Footasylum (FOOT)
I have already highlighted how London and Capital Finance Plc (“LCF”) is the principal lender to Independent Oil and Gas (“IOG”) via London Oil and Gas (“LOG”) and raised concern about those arrangements. Looking at the parent of LOG and its subsidiaries raises a whole series of red flags which is not only bad news for holders of LCF minibonds but also shareholders in IOG.
As I noted yesterday, London's second worst Nomad,, FinnCrap (FCAP), and Independent Oil & Gas (IOG) served up a wholly misleading response to my Thursday bombshell. Now for a detailed drill down on the maths to reveal the extent of that deception….
In today's bearcast I have a hot rumour about Neil Woodford and I look at a moron called Craig who owns shares in Independent Oil & Gas (IOG) and is a classic moron. I look at that company at Circassia (CIR) - a Woodford dog - and at Gear4Music (G4M). Tomorrow I take my family and my son Joshua's godfather Lucian Miers to the London Stadium to see mighty West Ham in the cup so I'm not sure when Saturday copy will arrive.
Yesterday I pointed out that the ultimate benefactor of AIM Cesspit listed Independent Oil & Gas (IOG), was blocked from doing any activity after an FCA raid and that created real issues for Independent. The company and its scumbag Nomad FinnCap (FCAP) has responded with a statement that quite simply misleads investors. That should tell you everything…SELL!
Wakey wakey London’s second worst Nomad! Your client Independent Oil & Gas (IOG) could be about to crash land in tits up alley. A statement is needed NOW after the FCA swooped on its ultimate benefactor. What, you mean Finncap’s (FCAP) Nomad clowns didn’t realise? Jokers. Poltroons. Not fit for purpose.
The olive harvest starts tomorrow and I will be assisted by a Shareprophets reader from Eire and by Andrew Bell of Red Rock Resources (RRR) who is trying to communicate with the natives in his best Ancient Greek. I expliain why today's output from me is limited and then break the latest news from Julie "lingerie on expenses" Meyer MBE. Then I look at Independent Oil & Gas (IOG), Optibiotix (OPTI), Dignity (DTY) and the scam that is the funeral industry and BCA marketplace (BCA) which may have hoodwinked Andrew Monk but whose interims today are shoking. They could have been written by wretched Theresa May and are alarmingly bad. I also comment on the Project Fear Brexit uber bollocks spouted by the not fit for purpose Bank of England Governor Mark Carney yesterday.
Peter Young was the co founder of Independent Oil & Gas (IOG) and until March of this year sat on its board. He is still its “head of Business Origination.” He, and his wife Fiona who works for charity Social Enterprise UK, are either the UK’s greatest living share traders or just plain insider dealers. The stock in question is Rock Rose Energy (RRE) and I merely print a timeline of phone calls and emails and, as Peter Cook’s version of Judge Cantley in the Jeremy Thorpe trial would put it, “then invite you, ladies and gentlemen of the jury, to go away and consider carefully why these two fine upstanding individuals are not guilty of anything at all but should do themselves a favour and become professional day traders.”
No more public service calls today, I would not want you thinking that I am a nice guy: yesterday was a one off! Lucian seems to have found a new China Norfolk over on the Nifty Fifty. I look at AEC (AEC) which should not be on AIM, On-Line (ONL) and its relationship with ADFVN (AFN), Glenwick (GWIK) and Golden Saint Resources (GSR) which - after this - is simply not investable or credible in any way shape or form. And there is more to come. On the bull tack I look at Independent Oil & Gas (IOG). Yes I did say bull tack!
After today's twitter harassment from Yusuf Kajee of Afriag (AFRI) I was rather reminded of the Spitting Image classic below. But it's a lie. I had a good chat with Jan Nelson of Xtract (XTR) who is a nice South African and I offer a few thoughts on his company and explain why our podcast interview will be in a few days. The it is onto LGO Energy (TOAST) and Jabba The Hutt ramping, Stanley Gibbons (SGI), Premier Oil (PMO), Independent Oil & Gas (IOG) and the China frauds. I also mention the new vehicle of Andrew "piggy" Austin of IGAS Infamy which Nigel takes apart HERE. He is not a South African but should be.
Featuring shares in 88 Energy (88E), Advanced Oncotherapy (AVO), Concha (CHA), Independent Oil & Gas (IOG), Independent Resources (IRG) and SolGold (SOLG) with share price targets for all six stocks.
Featuring shares in Beowulf Mining (BEM), Fast Forward Innovations (FFWD), Independent Oil & Gas (IOG), New World Oil & Gas (NEW) and Proxama (PROX) with share price targets set for all five stocks.
Featuring shares in Independent Oil & Gas (IOG), InternetQ (INTQ), Iofina (IOF), Independent Resources (IRG), Proxama (PROX) and Sacoil (SAC) with share oprice targets set for all six stocks.
Featuring shares in 88 Energy (88E), Cloudbuy (CBUY), Independent Oil & Gas (IOG), LGO Energy (LGO), San Leon Energy (SLE) and Westminster Group (WSG) with share price targets for all five stocks.
Featuring shares in Cloudbuy (CBUY), Independent Oil & Gas (IOG), Legendary Investments (LEG), Pantheon Resources (PANR) and Rurelec (RUR) with share price targets for all five stocks
Featuring shares in Bacanora Minerals (BCN), Fastnet Equity (FAST, Independent Oil & Gas (IOG), Ironveld (IRON), Savannah Petroleum (SAVP, Solo Oil (SOLO) with share price targets for all six stocks.
Featuring shares in African Potash (AFPO), Independent Oil & Gas (IOG), Kuala Innovations (KUL), Mobile Streams (MOS), Octagonal (OCT) with share price targets for all five stocks.
Featuring shares in 88 Energy (88E), Arian Silver (AGQ), Independent Oil & Gas (IOG), Mosman Oil & Gas (MSMN), New World Oil & Gas (NEW), Sacoil (SAC), together with some share price targets.
Featuring shares in Formation Group (FRM), Independent Oil & Gas (IOG), Mediazest (MDZ), Powerhouse Energy (PHE), Sable Mining (SBLM), Xtract Resources (XTR) with share price targets for all five stocks.
If you want me to analyse a stock for you just drop me a line at email@example.com - Today I look at Anglo Asian Mining (AAZ), Independent Oil & Gas (IOG), Independent Resources (IRG).
Featuring Amur Minerals (AMUR), Beowulf Mining (BEM), Eurasia Minerals (EUA), Independent Oil & Gas (IOG), Kibo Mining (KIBO), MTI Wireless Edge (MWE)
If you want me to analyse a stock for you just drop me a line at firstname.lastname@example.org - Today I look at Independent Oil & Gas (IOG), OneSavingsBank (OSB), Wandisco (WAND).
Featuring Armadale Capital (ACP), Beowulf Mining (BEM), Edenville (EDL), Independent Oil & Gas (IOG), Minera (MIRL), Victoria Oil & Gas (VOG)
Featuring Bahamas Petroleum, Coal Of Africa, Daily Internet, Independent Oil & Gas, Tethys Petroleum, West African Minerals