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....how long it will take to make a decision over Paraguay. The RNS used the term "Suspended" which means that they are deciding whether to continue or abandon.
Whatever the decision is, I think it would make sense to reach it sooner rather than later, and waste as little time & resource as possible
Absolutely crazy these day traders, it's not rising so lets sell for a big loss at a crazy low price, what a chance of a top up
Blimey are the traders selling before the train has even left the station.
The patience levels on most people now.
Very decent news about Green House. Market reacting in the right way. Nice to see all the buys. Price is so low right now it doesn't take much to make a significant % jump.....
Why is it
And a government funded green project in the pipeline. Was a quid, should be 70p why is is
Bet you're thinking should've listened to that chap called Neil today
It's bonkers cheap, read the research by PIEDPIPER on advfn, hope he does not mind me copying this here
Piperpeter3 Mar '24 - 21:38 - 75 of 85
0 0 1
Currently MEN's market cap is GBP 2.35 million (19p x 12,378,197 shares in issue).
Currently ATOM's market cap is GBP 20.42 million (46.5p x 43,923,186 shares in issue).
Which means MEN's 18.8% shareholding in ATOM is valued at GBP 3.84 million.
So MEN's shareholding in ATOM is valued at 63% more than MEN's own market cap.
Which means everything else in MEN's portfolio is valued at minus GBP 1.49 million!
Think about it; that minus GBP 1.49 million consists of....
Aton 6 Plc - currently valued at minus zero.
Dual Fuel Limited - currently valued at minus zero.
Hyso Limited - currently valued at minus zero.
G mobility Limited - currently valued at minus zero.
Molecular Aviation Limited - currently valued at minus zero.
Pirity concession - currently valued at minus zero.
Cash - currently valued at minus zero.
Monies owed to MEN and incoming from former Argentine asset (up to US$40 million) - currently valued at minus zero.
Pp.
Seems, well received news o green house be it low vol
This market is nuts atm, some stocks losing millions no money jumping incredible amounts.
Saw this last night, thought today's Rns might scupper my chances of getting stock but managed 75k at 21p
via 3 lots of 25k....what a price I'm happy
Northern, agree. I wouldn't be surprised if Molecular becomes Green House, and the drilling site is sold to Taiwan or even an Argentine Oil Company we know of! Who owns the drill itself? as there were mentions of new drilling in Argentina before the split last year
The PL was determined to pursue since 2014 has come to nothing and I'm assuming any further drilling will not happen. Makes you wonder if the project had such little chance of success why it went ahead in the first place?
Will be interesting to see whether or not further drilling happens but I think PL is positioning the company as different companies that are moving away from oil and gas - time will tell whether all these projects provide the substantial income/revenue being proposed. Sounds like jam tomorrow - again!
Atb,
Northern
Cheers davey for that point
Bunsenburner123 [had to unfliter to check] forgot to state I told people at 1.30p not to buy SED after the Friday RNS and now it is 0.50p BUT a 66% spread
Little runt
Instead we have parasites like bunsenburner who tell people a stock is about to rise 300% then sells minutes later for 5% or a loss.
That is what we need on this site, totally honest respectable posters !
Neil is a monumental goon guys lol
he said dont by SED yesterday, up 50% now from .3 ask to .45 bid
guys just a fool.
Good luck with your investment everyone, AIM doesnt need parasites like this guy
deramping every share hoping to catch a 1% ride. Loser
Well I said 20% down once I had re read the RNS.. but now it's 25% and was at 1 point 40%
Could be finished here now unfortunately
Had feeling was not going come nothing, last chance 4 PL redeem his self gone, just investment company now, finished, been total disaster this company, everything the touch appears bad investment. Lol
Ba24ee
Thanks for the information
Taiwan cooperation oil company funding the drilling.thst why it has 50,/50 cooperation between MEN and Taiwan Oil cooperation.MEE is only the operator
Morning
Had a look through the rnas’ to try and see who was funding the drill.
If MEN were funding any part of it I’m very pleased that they haves decided to cut their losses and stop
Exploration is a massive drain on a small companies resources.
Keep getting the 1m in and set up the ipo
Nothing to worry about.just suspended well .I am sure they will finish drilling in future after review the problems.
Neil we all knew long time ago only 17% chance of success,anyway whats going to happen to sed today
Did you not read aboit the incoming cash,another 1m,we only have 12m shares and an ipo coming,the value in atome covers our market cap,im happy to hold
Sorry 20% off probably
They should have reported this sooner as obviously a leak
A duster hence the drop .. another 10% off today