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Lol “sell before the pumpers dump” 😂
First time I’ve seen someone suggest a pump and dump on a share that’s in the lower SP range 🤦♂️
Petro, even for you that is such a 💩 attempt to deramp.
Do better ffs 😂
“This message has been filtered, please adjust your filters to view”
Wonder who this naysayer is 🤔 it’s like they’re watching constantly, waiting to respond to anyone who comments. They’re committed, I’ll give them that. Not invested for 6+ years but seem to comment more on the share than anyone else.
Genuine investors would not waste time commenting on / attacking a share they have no interest in or only seem to see negatives with. They would simply move on and invest elsewhere.
This person is bitter and has nothing better to do than spread fear across the LSE forums. What a sad, lonely life they must lead.
Filter / ignore this troll and DYOR.
GLA genuine investors.
Yeah, this has been pumped soo high recently...
(Sarcasm btw)
We seem to have a lot of people burnt from before here,
If you want to advise people against Pump and dumps go to Echo
Just make sure to sell before the pumpers dump.
Nice summary Janiax 👌
To recap
-deadlines missed
-market cap £7m against NAV of £100k?
-no auditors
-RNS in block capitals
-Sudan is in middle of civil war with famine
It’s a shell mate-plenty of time to invest if they actually sign something
Just to recap:
Wildcat were asked to work with the Sudanese government (OEPA)
Wildcat has set up an office in South Sudan and worked with OEPA to ensure access to Sudan via South Sudan when an agreement is signed.
A tender has been submitted and is with the minister for signing.
(Can't find any information showing other parties have tendered, but this doesn't mean it's signed quicker, these things take time especially in a country with unrest).
The intention is for Wildcat to provide services to increase oil production from 4K barrels a day to 20k+
In return they will get a production sharing agreement and turn a good profit.
An MOU has already been agreed for up to £20m when a deal is signed, which will allow for Non-dilutive funding.
The deal was due for approval around 4months after submission, which should have been around the end of January, however we can assume due to the situation in country this is slightly delayed.
If it had been rejected the market would have been informed.
So if you believe it will land then it could be soon.
With the current SP, this could see a rise similar to HE1, from 0.25 up to 2p (personal think around 1p before peace and the production share)
So there's a lot still pointing towards a successful Service Agreement being reached, and it doesn't look priced in to the SP atm.
Are you in Khartoum?
Because I may need to withdraw funds (reduce my holding) at some point soon to put towards a house move.
And yes, I’m confident it’ll be done at some point 👍 ideally before I need the funds! 🤞
Why are you worried about intraday price changes?
If you'reconfident the deal will be done, just sit and wait, value comes out in the end.
I really don’t understand how the bid / ask can drop so suddenly on no news and low volume. 13% drop yesterday in 16 mins is an absolute joke. Hourly and daily indicators were showing strong buy at the time too.
14-Feb-24 11:40:53 0.2578 481,126 Sell* 1,240 O
14-Feb-24 11:40:09 0.27 1,100,000 Buy* 2,970 O
14-Feb-24 11:33:50 0.28 615,935 Sell* 1,725 O
14-Feb-24 11:24:44 0.294 167,872 Sell* 493.54 O
I take it from your long winded note that it’s a no then-just an ‘aspiration’
If you are referring to the line which states "first oil may be achieved by the end of first quarter "
It's an estimate, based on the deal being signed before the end of the year,
The Sudan minister has taken longer to return a decision on the tender, presumably to do with the current situation in country (which will hopefully be resolved soon and there will be peace again)
Based on the fact we are still awaiting the signed agreement off course delays are likely...
Facts are Sudan asked wildcat to tender and pretty much offered them them agreement when they put in the bid, it just needs the official stamp. And those things always take time.
Once it's done oil will be quick as it's already in production, it's just needing to be increased with the work plan,
You obviously have no position here, and just have a stick up your rectum from something in the past, so rather than trying to worry investors with half baked crap why don't you use your time to go find something you can improve yourself with.
Well you only have six weeks to get into oil production in famine hit Sudan-who thinks it’s going to happen?
I’m happy to run a book on it if anyone fancies a flutter
Or anything to count!
Yes of course they would, and until they do, they don't have one.
One would hope it won't take much longer, they have no current asets so it must be very easy to do the due dilligence surely?
They would RNS the appointment of an auditor-very unusual for a plc to not have one so they should get on with it
Https://x.com/wcat_plc/status/1756645014879240255?s=46&t=dBEUr060C2V_rrjFRsmkxA
“Don't forget to press the twitter notification bell to ensure you don't miss out on any #wcat tweets”
Hope the retweet last week and this tweet are a sign news isn’t far away (why else would they tweet that) and we’ll see some updates soon (via RNS especially) 🤞
GLA genuine investors.
I’m not sure a new one has been appointed yet but it’s worth noting the Auditor was forced to resign due to no longer providing service to PIE companies. However it does sound like they have already found a potential replacement:
“ 2) AUDITOR
Wildcat Petroleum for accountancy purposes is classified as a Public Interest Entity (PIE).
The auditor Shipleys LLP no longer provides auditing services to PIE companies; resultantly they were forced to resign. A firm that does provide auditing services to PIE companies has been identified and will be engaged in due course and an announcement made via RNS once the relevant paperwork has been completed.
We would like to thank Shipleys for the excellent and efficient service they provided the Company and wish them well for the future.”
DS22,
It's not baseless the auditor resigned in December.
Can you please post a link to the appointment of a new uditor, because I can't find one.
That’s odd-I could swear an RNS in mid December said the auditors had resigned.Its now mid Feb and no new auditor.
I’m not bitter-I just call out rubbish
They are not facts - just your bitter assumptions - like soon no nomad ? Baseless
No auditor - ? Baseless
Infant you haven’t got a clue im actually going to filter you because you are a bitter troll
Well it does have a market cap of £7m and no assets, no auditors and soon no nomad-looks a steal to me
The last funding round was done to get them through an audit without going concern problems.The question I ask myself today is whether you will do same with the market cap at £7m and no assets, no auditors and no business.
If you disagree with any of these facts, do let us all know
Here he is the non invested bitter truth - what’s todays pearl of wisdom ?
Let me guess they’ve got no assets and it’s worth £7m ???
Be careful : I am a secret caped crusader
I saw something in the Karachi Gazette as Rick Mayall once said