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Bladderman you in sales? If not I've got a load of Betamax video cassette recorders that I need shifting. At this rate you'll be chasing that market cap all the way down to 2 million with your outstanding optimistic pitch.
Come November we should be well on our way although I have a sneaky feeling approval will probably land next (within 40 days).
And it's currently valued at £6.5M - what a joke
TRP's asset fits Beluga's strategy perfectly at 80% COS. Our DD has been done. The documentation finalised and now submitted.
Those two £18k sells were holding this down. Filled now so hopefully should be free
Hey pumpy, you're right on a few things.... I am sore and feeling somewhat looser, the an*l sphincter to be precise, as I've been right royally shafted by this turd. Still holding though so you got that bit wrong. To think I was a buying in back when it was 4mil mcap. Can see there will be another opportunity to do that soon.....
Try Google beluga energy,lots on there about what this company does,I'm not concerned myself seems like a great link up to me,but dyor,bol.
I bet they can't get it down to 0.20 no matter how hard they try,near fill your boots time,imho dyor.
MM's are having fun drop the price on a few sells, hold on a lot of buys.
JA and Tower will have done their DD.
Agreed, however I thought I understood the facts when I invested in LOGP. Main backers and former drill manager on the project owned big chunks there too. Cheque was in the post forever but never arrived. Sometimes you have to expect the unexpected especially on AIM. Hopefully everything works out here. ATB.
0.29 bid. Beautiful. Anyone want to buy a bottom draw that was once worth circa 300k.
I'll leave you all to it.... For the time being.
The information is in the RNS's and the finalised document has been submitted. JA holds 17% of the company so is very aligned with us. Those are the facts. If you dont like the facts then move on.
Questioning your assumptions helps avoid costly mistakes. The price action here made me look more closely at Beluga and I've not be able to find much info at all. I also looked into TRP's initial farm out partner from last year. Their website is as basic as it gets. Literally a single page with almost zero info and the heading 'New Website Coming Soon.' Not exactly confidence inspiring. Hopefully it's nothing, but having been caught in the Barryroe APEC farmout saga a couple of years back, you'll forgive me for being rather cautious.
https://oillr.com/
GLA
Questioning your assumptions helps avoid costly mistakes. The price action here made me look more closely at Beluga and I've not be able to find much info at all. I also looked into TRP's initial farm out partner from last year. Their website is as basic as it gets. Literally a single page with almost zero info and the heading 'New Website Coming Soon.' Not exactly confidence inspiring. Hopefully it's nothing, but having been caught in the Barryroe APEC farmout saga a couple of years back, you'll forgive me for being rather cautious.
https://oillr.com/
GLA
Lsetown, definitely not me. Unfortunately haven't managed to sell a bean as I was quoted gash bid. Nice profit has now turned into a loss! I'll just stick these in the bottom draw with all the others. Think this is what is known as a pump and dump? Possibly to pay back loans?? Of course I could be completely wrong and this turd may well eventually float.
Good luck to you all. Research diligence and all that other malarkey is only as good as the info you're fed.
Back to mute mode.
There is no reason whatsoever to suggest farmout won’t happen or a further raise will. Why would it? We have enough cash to see us through to farmout. Price action is annoying but classic AIM. Won’t be surprised if we finish blue! Seen it a million times. Also a lot of people here talking their book. Pretty obvious
Welcome to AIM,probably the most corrupt,manipulated market there is.The proof is there before your very eyes.With the information given yesterday,which on the whole I thought quite positive, why has the sp dropped so much.Are we being told the whole story,probably not ,hence the drop.
The volume is low so is it just Smithy selling his 20 million?
Judging by the price action I'm beginning to wonder whether it will get signed off at all. Placing immediately after farm out RNS and at a huge discount. Fails to hold placing price. Fails to go over placing price. SP drops much further. Dreadful liquidity. None of it looks good.
Dont expect to buy heavily discounted stock once this is signed off
JA seems happy with the progress and looking forward to the drill. We have cash having only just raised £1.5M last month. What a nice opportunity to buy in.
I'm fuming. Something does not seem quite right here. GLA
It's just some silly bid chasers now. Then when this is signed off there will be Ask chasers and a lot higher. AIM all over.
Makes no sense being so low below placing. Great for all new entrants.
Yep - I agree quite pererse isn't Phoebus.