UK 18:31 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
What has happened to the IPO of Lenigas Cuba? Only asking. Meanwhile I wonder what percentage of the 100 oil companies on the AIM casino will still be on the casino and engaged in oil by April 1 2016? I suggest three routes by which they will exit stage left and hazard a guess. I reckon it will be 82 left. And I discuss denial in oil versus mining and why I am almost tempted by mining stocks again.
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Comments
David Russell
I think any company that is any good and as some value will be takeover by the larger companies and like you said the rest will end up as a shell with a stupid name.. I myself would not touch anyone of the oil/miners based on AIM. The fact is you need to read the genealogy records of the company directors to find out who is related to whom. I’m sorry again about saying all companies am the same but these type of companies am being used by people who try and manipulate the share price to benefit them self’s.
Geoff
Hope Gulf Keystone will be OK for our local Stratford MP Nadhim Zahawi – according to the local Midweek paper he ‘ has provoked a fierce backlash from his own constituents and supporters’ – he’s to be the chief strategy officer for Gulf Keystone advising them on their operations in Iraqi Kurdistan. Some think he should be better employed sorting out the local problems like housing, traffic and education. Like many places more housing is planned so that means more traffic making things progressively more difficult to ‘sort out’. A bit like the immigration dilemma – as soon as some people gain something then at some point others must lose.
alcira16247
Tom
Another good listen.
I’ve only one Aim oil stock investment – Lekoil. Although even with averaging down I’m still 36% adrift, but hoping with good news on production due shortly its share price will start showing a steady improvement.
As you’ve highlighted many Aim oil companies are suffering with the decline in crude prices and no doubt that some ain’t going to make it to next year ……..
I’m going for: 91
Hanging is Far Too Good for Them
94
Abm
I couldn’t agree any more, was on the phone today to a CEO of an Oil & Gas AIM listed company who mentioned your podcast. I have the same opinion as him that the number will be higher. Cash burn, salary’s are a joke of some of these company’s .. Just go through past RNS of these company’s and it for all to see. Great pod cast Tom