Get your free seat to meet Mark Slater, the UK’s top fund manager of the past decade and hear what he is buying in EXACTLY 11 days’ time
WYG – after profit warning, CFO walking, now 0.6p dividend cancelled as covenant breach waived (for now). Sell.
Verseon Placing : Neil Woodford spunks $10m investor cash (again) at wrong price – all that is rotten in his failing empire
Columbus Energy Resources – CO₂ pilot project progress, “the potential to transform oil and gas operations”?
Published 22 hours ago
Well before the end of June, Tomco (TOM) needs to get away another placing to avoid crash landing in its up alley. To that end, the £3.9 million market cap at 4.3p is a complete rum 'n; coke. Bt the ramp is underway ahead of the next bailout and thus we have a statement today which has failed to impress the City's No 1 oil analyst. Zac "the knife" Phillips of SP Angel writes:
Published 4 days ago
I have not minced my words with regards to today’s shocking pump and dump by Bahamas Petroleum (BPC) as you can see here. But the City’s No 1 oil analyst, Zac Phillips of SP Angel worries that Bahamas may not be out of the woods yet although its assets look good. The great man wrote to his clients today to say:
Published 14 days ago
You know how Chris Oil and others blather on about how oil wells have a 50% or 25% COS? Well here is a note from the City's No 1 oil analyst Zac Phillips of SP Angel covering the Winx well in Alaska which puts this into context. Enjoy.
Published 17 days ago
Mayan Energy (MYN) thought it had good news last week but if a god company ( and no-one is saying that Mayan is that) meets a bad management it is the reputation of the latter which emerges intact. Thus the City’s No 1 oil analyst, Zac Phillips of SP Angel has renewed his call to sack the board starting with Charlie Wood. The great man writes:
Published 49 days ago
Mayan Energy (MYN) has today raised £750,000 at 0.12p in its latest bailout placing but it comes with an admission that it has forgotten to file returns to the US taxman, the IRS, for an unspecified period and thus who knows how much of that cash will be swallowed up in unpaid tax bills. As such we have no idea how fast the clock is ticking on the next bailout placing. The City’s top oil analyst, Zac Phillips of SP Angel is scathing. He writes:
Published 50 days ago
Zac Phillips at SP Angel has opined on the AIM demise of the Frontera (FRR) fraud and does not mince his words. The great man says...
Published 68 days ago
Where to start? This is laughable unless you are one of those suckered in to buying shares in Angus Energy (ANGS) by the diarrhoea of pre-placing ramp tweets from shameless Big Dave Lenigas. Then it is a bit of a tragedy. Today’s newsflow is hilarious.
Published 88 days ago
As ever, the City's top oil analyst, Zac "the Knife" Phillips of SP Angel is bang on the money with his comments on today's news of a $16 million fund raise at a minimum of 15.25p by perennial uber dog Pantheon Resources (PANR). The great man writes:
Published 97 days ago
I have already joined Waseem Shakoor in commenting on today's spoof RNS from Frontera Resources (FRR) and reiterating sell advice on this POS. Now it is over to the City's No 1 oil analyst, the great Zac "the knife" Phillips of shamed SP Angel who opines:
Published 106 days ago
The real issue with Tomco (TOM) is that it will be out of cash within three months. another issue is that no-one really trusts it. Oh.. and its assets are shite. Other than that it looks like a great company. Today it tried to puff the share price ahead of an inevitable placing as discussed in bearcast HERE. The City's No 1 oil analyst Zac "the knife" Phillips of SP Angel is damning. The great man writes...
Published 109 days ago
I do not see any upsides in appointing Sarah Cope (nee Wharry) as a NED at Mayan Energy (MYN). She is just another City Nomad crony capitalist and not one that I'd rate that highly. But I suppose it's diversity so praise the Lord. Let's all be diverse. Top oil analyst Zac Phillips of SP Angel is kinder than I am about Mrs Cope but still thinks her appointment is like a chocolate teapot. He opines:
Published 113 days ago
In addition to tearing into Frontera Resources (FRR) in his morning email, the City's number one oil analyst Zac Phillips, albeit of shamed SP Angel, also reviewed the 152p per share offer from Norway's DNO for Faroe Petroleum (FPM). To paraphrase a famed piece of Norwegian football commentary, ‘Bijan Mossavar-Rahmani, Executive Chairman of DNO, can you hear me, can you hear me’…
Published 113 days ago
The City's number one oil analyst Zac Phillips of shamed SP Angel has plunged his bloodied knife into cash strapped Frontera Resources (FRR) after today's joke RNS. In his morning email the great man opines:
Published 117 days ago
The City's No 1 Oil analyst, Zac "the knife" Phillips of SP Angel spares no-one, except corporate clients like Mosman (MSMN) when he is ordered by evil John Meyer to write shite or get the sack. Luckily Hardy Oil & Gas (HDY) is not a corporate and thus The Knife is at his poisonous best. He opines...
Published 141 days ago
Amazingly Mayan Energy (MYN) CEO Charlie Wood survived an AGM revolt led by Richard Jennings thanks to some extraordinarily odd voting as exposed HERE. The key matter is how in the Deloro deal Mr Wood’s wife has made a killing without risking a cent while Mayan itself put up risk capital. As Zac Phillips notes HERE, that is an outrage and I gather moves are now afoot to sue Wood personally over that matter. But Mayan should head that off by taking action itself. I urge all shareholders to write to Chairman Paolo Amarusso NOW using the email [email protected] . Below is a letter from Jennings to use as your template.
Published 142 days ago
All things seem to be quiet down at the ranch that is Mayan Energy (MYN) but word reaches Mr Karma that the temperature is about to be ratcheted up there on one of AIM’s most value destructive CEO’s – Charlie Wood.
Published 144 days ago
The Deloro affair should have seen more heads roll at Mayan Energy (MYN). That it has not just shows what a regulatory joke the AIM Casino has become. Over to the City’s No 1 oil analyst Zac “the knife” Phillips of shamed Nomad SP Angel of MySquar (FRAUD) infamy. Zac, who may be shite at Latin but knows his oil, opines:
Published 151 days ago
We shall fight on the beaches, we shall fight on the landing grounds, we shall fight in the fields and in the streets, we shall fight them in the law courts. So said Zaza Churchill of Frontera Resources (FRR) last month after his company defaulted on an agreement with death spiral provider Yorkville, failed to hand over shares, lied via RNS and ended up with a legal dispute. Oh well, it turns out that Zaza is not Churchill but Chamberlain after all. And it is not just one little piece of paper that is on the way but billions more pieces of confetti, worthless share certificates.
Published 155 days ago
The fools who own shares in this company and post on the LSE & ADVFN Asylums just do not realise what a mess Frontera Resources (FRR) is in. I explained earlier how this could be a zero HERE. Now we have the take of the City's No 1 oil analyst Zac "the knife" Phillips of SP Angel. Over to the great man...
Published 158 days ago
I explained earlier why Frontera (FRR) really could be a zero. Now here is the City's No 1 oil analyst, Zac Phillips of SP Angel, with his take on today's news:
Published 160 days ago
The City’s No 1 oil analyst Zac “the knife” Phillips of SP Angel shows no mercy. Today’s victim is Zenith Energy (ZEN) which claims to have good news. Zac is damning and opines:
Published 161 days ago
I gather that the new interim CEO Charlie Wood may not survive the Mayan (MYN) GM vote on Thursday. It looks tight and anyone reading the incendiary note by Zac Phillips earlier today is unlikely to be shouting Je Suis Charlie. Now Richard Jennings of Align Research has weighed in with a no holds barred letter to shareholders calling on them to oust Wood. As they say...more to follow but the Jennings letter is below:
Published 161 days ago
Four days ago the CEO walked with immediate effect and without explanation. Today there is a pathetic statement from Mayan Energy (MYN) not explaining why the CEO was resigning but stating that everything is up for review: management, assets, operations. Until that is done capex is on hold. The only thing we are not told is how much cash is left. I suspect that is because the answer is SFA. On the case is the City's No 1 oil analyst Zac Phillips of SP Angel. Zac the knife pulls no punches and writes:
Published 162 days ago
The City's No 1 oil analyst Zac Phillips has today published a note on Union Jack Oil (UJO) setting out exactly why he is so bullish. Over to the great man...
Published 165 days ago
For reasons not explained the CEO of Mayan Energy (MYN) has quit with immediate effect. The City's No 1 oil analyst Zac Phillips thinks this is a good move, although probably a prelude to yet another bailout placing. But his report is still damning and is below.
Published 172 days ago
I feel rather sorry for the City’s Number 1 oil analyst Zac Phillips today. Not only is his company retained adviser to Cabot Energy (CAB) but also to Curzon Energy (CZN). Thus he has to gush enthusiastically about both with boss John Meyer sitting there holding a gun to his head and waving a black bin liner with Zac;s name on it menacingly, as the poor analyst writes his morning comment.
Published 173 days ago
I shall turn to Frontera Resources (FRR) results later. Suffice to say they are shite, the company is out of cash and a bailout placing is needed ASAP. But should you back that placing, given who has eaten all the money? Over to Zac “the knife” Phillips , the City’s No 1 oil analyst, who works at SP Angel. I have rarely seen Zac this angry…
Published 179 days ago
Given the lowly market cap of Mayan (MYN) any placing will have to be a heavily discounted bucket shop special. In light of that, investors should take heed of an explicit warning from the City’s No 1 oil analyst Zac “the Knife” Phillips of SP Angel. In an email he writes:
Published 180 days ago
As it tries to stop its share price collapsing ahead of its much needed bailout refinancing, Frontera Resources (FRR) has announced another lie-fest, or as it terms it “shareholder update meeting followed by Q&A” on October 4. The City’s top oil analyst Zac Phillips of SP Angel is damning on this POS in his morning email but gets it 100% wrong when he says there is “Only 1 question.”
Published 183 days ago
In the end the chaps at Nomad Cairn walked from Cloudtag (CTAG) when it was clear that it was a fraud run by liars. Frontera Resources (FRR) is a shit show run by liars and a fallout with death spiral provider Yorkville (YA) today could be the final straw for Cairn – might it resign leaving the (worthless) shares suspended? Or will Frontera just go bust?
Published 237 days ago
Was yesterday’s news from Cuadrilla the start of a fracking boom in the UK? I fear not. Look through the spin and at the reality. The true nature of this politically driven disaster is discussed by the city’s No 1 oil analyst Zac Phillips, of SP Angel, below
Published 241 days ago
As we all know, Frontera resources (FRR) is out of cash. It is running on fumes. It is desperate to pump the stock any way it can to get away an emergency placing needed to survive. The only question is how big a discount will the bucket shops demand. It is against this background that it released a dismal operational update yesterday. Only a fool or a paid ramper like the whore Blogger, fat bastard, aka Malcolm Graham Wood would describe it as anything other than the usual shite.
Published 263 days ago
As I write, the whore blogger Malcolm “Fat Bastard” Graham Wood is taking dictation from his master Zaza as to why today’s results from Frontera Resources (FRR) point to a bright future. Yes Zaza, whatever you say sir, I shall write up my “Independent” commentary now. And sir, I notice that my invoices for February onwards have not been paid: perhaps you might put some brown envelopes in the post? Of course calendar 2017 numbers, snuck out on the last day possible, were shite.
Published 270 days ago
In his morning email to his esteemed clients, Zac “The Knife” Phillips, of SP Angel, the UK’s no 1 oil analyst, has utterly ripped into Mayan Energy (MYN) demanding the sacking of the entire board. The great man opines:
Published 285 days ago
The whore blogger, Fat Bastard Malcolm Graham Wood, may try to spin today's disastrous financing news from Frontera Resources (FRR) as a triumph but as I explained earlier it is far from it. Zac "the knife" Phillips of SP Angel, the City's No 1 oil analyst, goes further with a statement that the entire board needs to be sacked. He opines:
Published 294 days ago
In today's bearcast I express my sympathies to poor Zac for the job he has to do as an analyst writing about corporate clients. I refer to uber dog Mosman Oil & Gas(MSMN). I also look at Andalas (ADL) - the worst oil stock on AIM and which is STILL not answering valid questions as its shares collapse again. I look at Akers Biosciences (AKR) and, in detail, at IDOX (IDOX). Finally...97% of bearcast listeners have NOT yet sponsored myself and Brokerman Dan for our 30 mile Woodlarks walk. If you enjoy bearcast I am sure you can spare a tenner so donate HERE - to those who have donated I say thank you.
Published 298 days ago
I am waiting for Fat Bastard, the whore blogger Malcolm Graham Wood to earn his pay cheque by saying what great news Frontera Resources (FRR) has served up today. Of course it has not. This is more meaningless gibberish designed to pump the stock ahead of a bailout placing. But I have to take issue with the City's No 1 oil analyst Zac "the knife" Phillips of SP Angel. He is right to be mega bearish but wrong about the company. He opines:
Published 300 days ago
I have repeatedly warned against investing in Gavin Burnell of Globo infamy creation Magnolia Petroleum (MAGP). Drowning in debt, burning cash and paying vast sums to CEO Rita Whittingham and her ghastly relatives on the payroll this is a dog. Today the company says that it is going to try and sell some of its (crap) assets and to save £100,000 it will delist from AIM. It could save far more by firing its deadwood staff. The shares have plunged 65% and are now just 0.6p to sell. But you should sell. SP Angel guru, the City's No 1 oil analyst Zac "The Knife" Phillips sums up this farce perfectly.
Published 315 days ago
Another day and another bullshit announcement from the company whose main business is issuing new shares while claiming to be an oil explorer, Frontera Resources (FRR). the timing is handy for Frontera is hosting a City presentation for mug punter Private Investors tomorrow. It all smells terribly as if more confetti is on the way. Let's start with the bullshit RNS.
Published 333 days ago
Like Zac "the Knife" Phillips the City's No 1 oil analyst, I have been calling Nighthawk (HAWK) out as worthless crap for ages and thus today's 'fess up bu the company is yet another vindication, as you can see HERE
Published 344 days ago
Shares in Tomco (TOM) are up by 40% today at 2.2p-3p thanks to a jam not even tomorrow but one day statement. But caveat emptor. The City's No 1 oil analyst Zac "the knife" Phillips of SP Angel warns that the business is just plain worthless. He opines:
Published 355 days ago
Bad language alert. No I am not referring to Mrs Stacey. I would not dare but to Feedback (FDBK) which has done a placing today but another one is needed soon. I look at Mosman (MSMN) which has had terrible results and imagine the conversations round at SP Angel as poor Zac Phillips is forced to pen another buy note on this POS. I look at results from UK Oil & Gas (UKOG), the RedX (REDX) disaster, RM2 (RM2) and Conviviality (CVR). I really enjoyed today's podcast and - conceitedly - think it is rather a good one.
Published 357 days ago
What a great day. Telit (TCM) is under investigation by the FCA and Eqtec (ETQ) has really screwed up although why can't its PRs tell the truth for once and admit that its change of strategy was because I caught them all with their pants down and exposed them? This scandal begs real questions of Nomad Northland - hey chaps have you handed back the £75,000 yet? I also look at Optibiotix (OPTI) where last week's share purchase looks all the more prescient after news today. I look at Mosman Oil & Gas (MSMN) which is a dog whatever Zac Phillips is paid to say. I comment on Quartix (QTX) - insider dealing or bad luck? I comment on cash strapped SalVarx (SALV) - time for Jim Mellon to get his wallet out again methinks. And I look at Quadrise (QFI) where a placing looks inevitable after today's debacle. If you like bearcasts then remember that at UK Investor on April 21 one of many highlights will be a live bearcast with myself and Paul Scott. Make sure you book a free ticket HERE using the promotional code WINNIFRITH
Published 361 days ago
Shares in Saffron Energy (SRON) are suspended, as seems to be par for the course these days, but that has not stopped the City's No oil analyst Zac "The Knife" Phillips of SP Angel from sticking it to the company. His latest email is damning.
Published 375 days ago
I am a bear of Pantheon Resources (PANR) as explained again in today's bearcast. The City's No 1 oil analyst Zac "the knife" Phillips of SP Angel does not seem to be much of a fan either. In his morning email he opines:
Published 385 days ago
Uber ramp meet the City's No 1 oil analyst, Zac "The Knife" Phillips of SP Angel. Today's protestations from Frontera (FRR) do not impress the knife who opines:
Published 397 days ago
Two days ago Mosman Oil & Gas (MSMN) , share price at peak ramp 44p, put out its latest meaningless RNS. But it was the pump and I am afraid to say that the City's No 1 oil analyst Zac Phillips and his colleagues at SP Angel played their part....
Published 397 days ago
Mayan Energy (MYN) has not had a placing since it raised £2 million gross at 0.6p in mid November. Circa £1.5 million of that went out of the door at once on commission and an acquisition so the tank must be running kind of dry by now. Hence Align being paid to initiate (bullish) research and seven ramptastic releases in less than three months. Today's is shocking and Nomad Roland "Fatty" Cornish, London's most useless Corporate adviser, should be hung drawn and quartered for signing off on it.
Published 399 days ago
Whilst fat bastard Malcolm Graham Wood is paid to ramp shares in Frontera Resources (FRR) by making claims that cannot be verified, the City's No 1 oil analyst Zac "the Knife" Phillips is impartial and, to say the least, not impressed. In his email to clients today the SP Angel guru opines:
Published 399 days ago
I was never taken in by Rita Whittingham's supposedly game changing deal for Magnolia (MAGP) with Western Energy Development. I saw it as nothing more than a way of creating a 29.9% shareholder who would save her miserable skin at an EGM called to oust her after she had stuck her talentless family on the payroll as she mismanaged the company to death. Some were more charitable, such as the City's No 1 oil analyst Zac "the Knife" Phillips of SP Angel, but Zac has seen the light and today sticks the boot in with the shares at 4.65p (post consolidation) and thus still firmly in the minus 99% club. The Knife opines:
Published 411 days ago
The City's No 1 oil analyst makes an oblique reference to the shoddy way this stock is promoted but the reality is that today's news is grim and it is placing ahoy (YET AGAIN). Zac "the Knife" Phillips of SP Angel opines:
Published 412 days ago
The City's No 1 oil analyst Zac "The Knife" Phillips of SP Angel wants a board room cull at Saffron Energy (SRON). He is at his waspish best in a note released after today's news from Italy. I can't see that he is rating the shares as a buy. Over to "the knife" who opines:
Published 418 days ago
I have warned you often enough that Nighthawk Energy (HAWK) is a drowning in debt dog with fleas and that its shares are worthless. But obviously while I trained as an oil analyst with the City's top rated team, Bulletin Board Morons know better. So here is Zac "the Knife" Phillips of SP Angel, the City's No 1 oil analyst, to explain why today's PR guff announcement really means. Over to "the knife":
Published 420 days ago
Folks can ignore the warnings of myself, Nigel Somerville and Waseem Shakoor about the overvalued ramp stock Frontera (FRR) if they wish. But the City's No 1 oil analyst Zac "The Knife" Phillips has just published a very specific and damning note. No doubt "fat bastard" Malcolm Graham Wood will ignore this real analysis as he continues ramping the shares with misleading statements in return for generous cash payments to buy yet more pies. But it might pay the Bulletin Board Morons to listen to someone who is not on the payroll and does know what he is talking about. Over to The Knife...
Published 421 days ago
I am sure that having bought the duff Italian assets of Sound Energy (SOU), Saffron Energy (SRON) shares will be aggressively promoted when they return from suspension. All the usual suspects in team ramp are already making initial noises. But should we really get excited? The City's No 1 oil analyst, Zac "The Knife" Phillips of SP Angel thinks not and opines today:
Published 432 days ago
We own these shares but Zac "The Knife" Phillips is the City's No 1 oil analyst so we have an excuse for flagging up his latest note. His employer, SP Angel, is also shop to Curzon (CZN) so even the great Zac cannot be deemed impartial. However, the leader of the free world has done another "beautiful" thing, slashing US tax rates. Zac opines:
Published 440 days ago
Shares in Pantheon Resources (PANR) are slumping today, off 25% at 52p on an operational update which can, at best, be described as a Curate's Egg. I have long viewed this company as unexciting, at best, and find the unbridled enthusiasm of some of its bulletin board moron shareholders just impossible to fathom. I am not the only cynic. The City's No 1 oil analyst Zac "the Knife" Phillips of SP Angel opines today:
Published 488 days ago
Drowning in debt and red flags POS Green Dragon (GDG) admitted on 30 October that it was in talks with bondholders to push out repayment terms and it promised that those talks - which had been undserway for a while - would be concluded by 20 November. Well maybe not.
Published 488 days ago
Ramptastic - if not entirely transparent RNS releases, Bulletin Board and twitter ramping by all the usual suspects with ludicrous price targets, no cash. What on earth did you expect was going to happen next at perennial uber dog Mayan Energy (MYN)? As those who were paying up to 0.9p at peak ramp just a few days ago contemplate how they were used to get away a £2 million placing at 0.6p they should have very serious questions for London's worst Nomad Roland Fatty Cornish who has signed off in recent ramptastic releases. Enter the fray Zac "The Knife" Phillips of SP Angel, the City's top oil analyst who has 14 questions that a Nomad with a shred of integrity and competence would have asked before allowing the releases. Over to The Knife who writes:
Published 491 days ago
The announcement of a change of strategy today from Canadian Overseas (COPL) has not been welcomed by the City's No 1 oil analyst Zac "the Knife" Phillips of SP Angel who slams what is proposed as "financing folly". The great man opines:
Published 523 days ago
Zac "the Knife" Phillips is, of course, the City's No 1 oil analyst and as we own shares in Curzon Energy (CZN) I see no problem in highlighting this most excellent piece of research. Okay, SP Angel is a retained broker so feel free to ignore this as PR marketing hogwash but Zac "the Knife" is no fool and is a man who writes what he thinks. Over to "the great one"
Published 524 days ago
The Bulletin Board Morons are starting to froth once again about Pantheon Resources (PANR). I cannot see why. Its latest operational update is, at best, opaque. The City's No 1 oil analyst, Zac "The Knife" Phillips of SP Angel puts it far better than I can. Over to the maestro who opines:
Published 526 days ago
Lifestyle company Magnolia Petroleum (MAGP) has started the ramp ahead of its next bailout placing with news of a share consolidation. It may fool some fools but not the City's No 1 oil analyst, Zac "the Knife" Phillips of SP Angel who is at his waspish best and opines:
Published 536 days ago
Even by the standards of the City's No 1 oil analyst Zac "The Knife" Phillips of SP Angel this morning's note was a savage and brutal attack. Think of a hunter bludgeoning a baby seal to death. The object of the Knife's ire is AIM disaster story Mayan Energy (MYN) and the great man writes:
Published 539 days ago
The City's No 1 oil analyst Zac Phillips of SP Angel is not, like most of his peers, a man who ignores the failings of the numerous useless management teams among the AIM Casino's O&G legion. His verdict on the latest statement from the clowns who run worthless, drowning in debt, Nighthawk Energy (HAWK) is brutal and to the point. Over to "the knife:"
Published 559 days ago
The City's number one oil analyst Zac "the knife" Phillips of SP Angel has this morning torn into much ramped AIM dog Frontera Resources (FRR). I think you can take it that what the Knife means is BARGEPOLE!. Over to the great man:
Published 592 days ago
This will make you laugh. I take my hat off to Cenkos Securities oil analyst Ashley Kelty for this Nobel Prize winning research. I have not seen such a witty and vicious put down in years. I fear that Zac "the Knife" Phillips at SP Angel will have to up his game to retain his crown as the UK's top oil analyst, Ashley is our hero of the day. The subject is Echo Energy (ECHO). Enjoy.
Published 624 days ago
The City's No 1 oil analyst Zac "the Knife" Phillips of SP Angel is in full flow on the subject of Frontera Resources (FRR) where the management team has today, again, shown that they are greedy selfish pigs who do not give a flying wotsit about shareholder dilution. The Knife puts it a tad more diplomatically but he does not hide his undisguised - and 100% justified - contempt for Steve Nicandros and his co-directors. Over to the Knife...
Published 630 days ago
Another day and another director walks, a new strategy is adopted and yet more confetti is issued by AIM casino uber dog Mayan Energy (MYN), formally the hound known as Northcote Energy. But this latest move just makes no sense at all. Let me explain with a little bit of help from a friend....
Published 630 days ago
I tipped shares in Saffron Energy (SRON) but urged folks to take profits some months ago. The shares were then 8p+ having listed at 5p. In recent weeks the shares have slithered back towards that 5p and I have been urged by folks to re-tip. I resisted that urge. Something was wrong. Now we all know what some folks have clearly known for a while, what the problem is.
Published 635 days ago
Less than lovely Rita Whittingham is doing her utmost to cling onto the gravy train for her and her relatives which is Magnolia Petroleum (MAGP). You will remember that there are moves to oust the proven failure and install one director from Nostra Terra (NTOG), Evan Ainsworth, and an independent director, Zac "The Knife" Phillips, the City's No 1 oil analyst. This would not be a change of control as Rita asserts since The Knife is independent, but a much needed boardroom clearout. Now to the defence document which is worthy of Jeffrey Archer. It is just low grade fiction.
Published 639 days ago
And so the battle lines are drawn at Magnolia Petroleum (MAGP), the dash guzzling worthless AIM POS founded by Gavin Burnell of Globo infamy. On the one hand there is an overpaid incumbent board led by less than lovely Rita Whittingham and backed by an overpaid army of crony capitalist advisers. On the other side are Even Ainsworth from Nostra Terra (NTOG) and Zac "The Knife" Philips, the City's top oil analyst. Magnolia has accepted that a GM request to outs less than lovely Rita and appoint Ainsorth and The Knife is valid. So what is the voting maths?
Published 769 days ago
Union Jack Oil (UJO) and its partner on the Wressle field, Egdon, have appealed against a planning set back on the Wressle field in North Lincolnshire. In the end it will win and at 0.17p (offer) the shares are undervalued and the stance is buy with a target of c0.3p at least.
Published 784 days ago
The City's Number one oil analyst Zac "the Knife" Phillips is back from celebrating Christmas by butchering baby seals or throwing cute little rabbits to a pack of bloodthirsty dogs and is doing what he does best - sticking it to useless management teams on the AIM Casino. Today Nighthawk (HAWK) has served up a piss poor operational update and the SP Angel analyst opines
Published 839 days ago
The City's number one oil analyst, Zac "the Knife" Phillips of SP Angel has a few words to say about today's lamentable trading update from Nighthawk Energy (HAWK). In short he puts the management on notice that it is now drinking in the last chance saloon. That, I think, is his way of saying you should sell the shares. The Knife writes:
Published 853 days ago
Results from litigation embroiled neo-bankrupt Tethys Petroleum (TPL) are out today and the red ink is everywhere. These are numbers for the three months to September 30th and could well be the last ever published. Some folks are still buying the shares, at 1.25-1.5p today. They are mugs and should read the stark warning issued today by the City's top oil analyst, Zac "the Knife" Phillips at SP Angel. Zac opines:
Published 853 days ago
Say what you like about the army of lunatic small shareholders that have stuck with Gulf Keystone (GKP) through thick and think but they are loyal. Rather like a wife who keep getting beaten up by her drunken husband they just stayed on for more. It was almost touching. And now with the debt for equity complete Gulf is to kick those folks in the bollocks with a share consolidation.
Published 855 days ago
The Mrs was off getting her hair down ahead of a Christmas Party, the Cloudtag (CTAG) morons were harassing innocent folks to get at me and I was watching a film about submarines with baby Joshua. What a day of domestic bliss. Meanwhile I look at gold stocks and Avocet Mining (AVM) in particular. Then at Mosman Oil & Gas where the City's top oil analyst Zac "the Knife" Phillips needs fisking, Milestone Group (MSG), Avanti (AVN) and Strat Aero (AERO)
Published 868 days ago
Having pumped up the share price at the start of last week with yet another ramptastic operations update, all rather predictably comes the dump. This morning AIM-listed Frontera Resources (FRR) announced the draw-down of another £382,550 under a Standby Equity Distribution Agreement (SEDA) – for which read death spiral – with YA II PN Ltd (for which read Yorkville). Another wheelbarrow-load of confetti, 402,684,211 shares, has been issued at 0.095p per share. We are told this will be used to advance work programs of the Company.
Published 875 days ago
I have long held the view that Pantheon Resources (PANR) over-egged the pudding with regard to its US asset base in order to get away its major equity issue of March. It seems that I am not alone and the City's top oil analyst Zac "the knife" Phillips agrees and has gone on the attack in a very hostile note out this morning. I would not touch this stock with a bargepole pro tem but over to the king for his attack...
Published 876 days ago
Another ramptastic RNS this morning from AIM-listed Frontera Resources (FRR) saw the shares race up to 0.135p at the peak but the shares have been sliding ever since, and are now just 0.095p last seen. Surely there isn’t a placing on the way, is there? Broker S P Angel in the form of the City's No 1 oil analyst Zac “the knife” Phillips was not so impressed. It could be good news, or it could just be a pre-placing ramp. But first there is the small matter of funding…..
Published 900 days ago
Don't tell the compliance officer round at SP Angel that we have published this as he ( or she, I know not) is a dickhead who reckons that the fine research from that broker should go to institutions only and not peasants like you. But Zac "the knife" Phillips has today published a 100 page report on San Leon (SLE) in which he notes that the shares, now 44.75p after results this morning are worth 101p to 120p. We own the stock so are minded to agree that the shares are very cheap although Zac is perhaps a tad more optimistic than we are.
Published 910 days ago
Nighthawk Energy (HAWK) has announced that it has settled US litigation today which is good news. The bad news is that the settlement is nothing like what is described in the RNS. The company is misleading investors in saying that this is a nil cash settlement. And thus the City's top oil analyst, Zac "the Knife" Phillips of SP Angel senses blood. He writes:
Published 967 days ago
Boy oh boy, SP Angel's Zac Phillips is on a roll. The City's best oil analyst today sinks his teeth into the management of Frontera Resources (FRR) who show "intellectual deficit, moral deficit, or both." The message for shareholders is a clear one (bail) in what is a superb vicious note from one of the few City analysts prepared to call out wrongdoing on AIM. Our hero writes:
Published 978 days ago
Trinity Exploration (TRIN) has confirmed that it has had bid approaches and analyst Zac Phillips at SP Angel, the City's most feared oil guru, has suggested who may be at the table. But shareholders shouldn't get too excited as they will get screwed whatever happens.
Published 980 days ago
Today's assassination with a pen from Zac Phillips at SP Angel is on Premier Oil (PMO) with a stark warning that things may be an awful lot worse than any share price rally might imply. Ouch. Zac writes:
Published 981 days ago
Once again the angry young man of the world orf oil analysis, Mr Zac Phillips has plunged his pen straight into the back of the management of a listed company. This time it is Aminex (AEX) which gets it with both barrels from Zac. He writes:
Published 1009 days ago
It is in default on its loans but the banks keep putting off the day they pull the plug. Today the company admitted that its attempts to sell its assets had not yet secured any firm offers. Well knock me down with a feather boa sailor, quell fecking surprise. But now it gets worse. Top analyst Zac Phillips, a man who was once seen as the Geoffrey Howe of hydrocarbon analysis but who is rapidly become an attack shark, flags up a massive black hole of a tax liability for Trinity Exploration (TRIN). Writing in the SP Angel morning note today Jaws warns:
Published 1014 days ago
SP Angel analyst Zac Phillips has now really got the bit between his teeth. Normally he is Mr Nice Guy but he scents blood at POS Nighthawk (HAWK) and has today given it another savaging. This is one of the most brutal assessments of an AIM listed company and of management incompetence I have seen penned by a City analyst in 25 years. Good work Zac, keep it up. Mr Nice Guy turned Mr Hyde says:
Published 1020 days ago
I have noted before that Zac Phillips, the oil analyst at SP Angel is normally only too kind to shite oil companies on the AIM Casino. He bends over to be nice to them and to excuse their lamentable performance. But just now and then, the inner Zac emerges. It is like when mild mannered Sir Geoffrey Howe plunged the knife into the blessed Lady Thatcher, an episode which was seen as "like being savaged by a dead sheep"
Published 1029 days ago
The oil team at SP Angel is normally uber charitable to the array of dogs that litter the hydrocarbons segment of the AIM Casino. But one thinks of Geoffrey Howe, a mild mannered and retiring chap, as he savaged the blessed Maggie in his resignation speech as, this morning, analyst Zac Phillips has stuck it to XCite Energy (XEL) like a man possessed.
Published 1244 days ago
It is ouzo O'Clock for the Sheriff of AIM. At the last minute Julian Hamilton Barns and Athabasca Resources have pulled out of their attempt to injunct me, to have articles withdrawn and to gag me. That means:
Published 1340 days ago
Really? 223% upside? Amazingly SP Angel does not appear to be house broker to AIM listed Union Jack Oil (UJO) so maybe this note by Zac Phillips is of interest and might almost be seen as independent. He seems to like the shares.