The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Iamrich my personal opinion your expectations are a little low :+)) GLA
The Velociraptor drilling should have been drilled a few years ago but no stress, I have waited a long time for this drill to happen. Never sold a single share even though the Heron debacle continues( but picked up a few along the way) which has been in my opinion the biggest hurdle it was bad enough waiting for the exploitation license. I would like to believe MB has been a little conservative with the estimated %age cos, for me now the anticipation is building so I really hope V1 has a successful outcome. 50x sp would be awesome. This is what I'm here for. GLA
iamrich..... lets hope it's this time lol
I think the chances of finding oil at velociraptor are quite good as they are working around snow leopard last drill and know they have a working petroleum system, so this drill is most likely either find something or even put us at a better chance next time, 1.7 mil to drill so velociraptor 2 will be up and running immediately if there is no show of oil,
Ojay......have to agree with you imo concentrate on getting the LP and lets get production going and make the company self funding. regarding the velociraptor drill i know mb has said 20% cos but i just wonder if he thinks he knows exactly where the oil is and if that's the case and the drill comes in the man wont be a genius in my eyes he'll be a god and i'll be doing most of my praying around the med
Everything on AIM is a gamble
Yes, WiseOwl but let's be honest:
The " Velociraptor attraction" you refer to is based on a gamble (COS = 20%).
The Heron well, however, is REAL AND NO GAMBLE - as soon as the LP is finally issued.
If Velociraptor is capable of boosting the SP: Fine with me - but as I (and MB) say: it remains to be a gamble (COS 20%).
Be happy and ATB
Anyone manage to add via II I received and email from them letting me know that corporate operation etc but couldn’t see anything on my account
GLA
Velocitrapror will attract many many many new shareholder here
Maybe long term holder focus on LP and think this is right but new investor will look at Velocitrapror 50 bagger and why so will go up a lot before drill
Be happy if you already have share :)
Fully agree Ibiza: I wonder how any long time investor at this time could want anything other than the LP. As I mentioned a few days ago: The RNS which communicates the issuance of the LP will be the "mother of all RNSs".
All the other stuff is pure speculation - which may have a positive effect on the SP or not.
Let's focus on the LP: That is the key to PM's success.
I Do believe the LP will come but I think like all of us here we are all just anxious to eliminate the risk here, The central government are new to issuing these permits and as they take each stage/step they will be slow but considering they did state to expedite this permit lets hope its with us within the next month
Velociraptor if successful could be 4 x bigger then HERON so this is not one drill to be miss so my expectations are we will see 10p plus on drill as we own this 100%
Add LP falling before or withing drilling I think we can easily see 15p share price here
Anyone think my expectations are too high to low?
This is a very good question and one i have been asking myself. My thoughts and i wonder what yours are is as follows.
If we have the LP then it is hold as all the downside of the drill would be covered by SP from the LP.
However if there is no LP at that point in time all we are in reality is just another explorer with the wildcat chances of success. The share prices go up as we reach spud and then around news time the price would fall back until news drill comes through.
If oil found it is a complete game changer if not we wait for the LP. Personally i want that LP well in advance of spud.
N1shares: Good to have you back on the BB!
What are peoples thoughts on the Velociraptor drill, according to MATD this is game changing and for the government too, where do you guys see the share price on the drill?
The exta offer which I have applied for will be very much oversubscribed and once it closes there will be a marked increase in the share price as there will be many who were unable to buy.I bought some more in the market both on Friday and today and any I get from the issue will be a bonus for as soon as the next Rns comes out and when it is posive the share price will soar
MB wanted this done ASAP ...and to be assured of over subscription a hefty temporary discount was applied to keep Petrovis and any other new players happy... when we are past 10p (which wont be long) this will all be forgotten about and a happy camp will be upon us.
WiseOwl - correct re the bookbuild. Which also begs the question, why wasn't it all offered out to existing shareholders in the first place? Another odd and slightly sh.1tty thing from MB and MATD. But it's fine, cos MB got his $25k of cheap shares.
Poole122
Ok. Thanks. I didn’t fancy it before, but this raise looks like the last placing to me.
K3vmc - badprophet is very very bitter as he sold at like 2p a couple of months ago just before the rise to nearly 5p, as such, he hates matd, and anyone who was smart enough not to sell ;)
badprophet
“ //Now all speculation with placing gone also//
THIS placing gone - what about the next one?”
What next placing?
If you want to avoid placings, best not invest in AIM, which is designed to raise finance. The other thing to do, is to buy in fractionally above the placing, in this case 2.6p, then sell for 11%+ profit, at 2.9p.
We need a rig date, and this will fly. Currently there's is no solid confirmation as to when the drilling will take place.
How much you think anyone will get with Bookbuild with only £0.5m share to share with thousand of investor who want some??
Think clever one know this & just try to get as much as possible in market sir !)
Has the placing been soaked up yet or is it still being Bookbuilt? Lol.
//Now all speculation with placing gone also//
THIS placing gone - what about the next one?
I think mr Mike Buck has done genius move mr partridge
He has good plan with DQE & new licence to griw company quickly & JV with Woolfson for renewable energy which Mongol country has 2.6 TERRAWATT potential
Now all speculation with placing gone also
Think maybe he is genius sir :)