Member Info for 1750mk1

Except Doombar is made upcountry now so Sharpes is blacklisted.

It is indeed excellent news... underlines not only the value here but also the limited downside and exceptional risk vs reward.

Edale are an absolute return asset manager... absolute return by definition aims to deliver positive returns in all market conditions, with low volatility.

http://www.edalecapital.com/

Our Philosophy

Edale’s investment philosophy is based around two value added propositions:

Individual bottom up stock selection

Portfolio balance sheet management dictating the overall size of the gross and net invested position.

This is complemented by a rigorous and transparent approach to portfolio risk management.

A T20 would be well over £20k down if settled now so best rollover for another 20.

Nice... New Insti just gone over 3%. May explain the clockwork 100k buys and why it's been held in range.

Undervalued on production alone imo... transformational drilling kicking off with enough contingent to double production with 95% chance of commerciality thrown in for free. Well worth doing the research.

filthy.

https://www.youtube.com/watch?v=A_Dcl2aUzsc

https://www.youtube.com/watch?v=J6jAdv14W-M

shibs... some good info in the Ortoire indepentent evaluation here ...

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=TXP&ArticleCode=qib4kui9&ArticleHeadline=ORTOIRE_INDEPENDENT_PROSPECT_EVALUATION

Note the first drill at Corosan is fully funded and contingent with 95% chance of commerciality (Gas)... and it could quite easily double our current production in one go.

More detail on the Jan presentation...

https://www.touchstoneexploration.com/wp-content/uploads/2017/06/January-2019.pdf

Nice thing is we have the development program and solid production underpinning the SP which should be (and will be imo) trading higher on that alone... so its a risk free transformational drill starting in June imo.

If there is better risk v reward i'll be interested to hear about it.

End of the day the RNS was very good and clearly confirmed we are right on top of company making news right after meeting with the main players on the same day... the whole project and investment is materially de-risked now. It's the kind of news that investors should falling over themselves for... bar a few weeks longer to wait than some expected..

We were told a few weeks ago that the Company does not expect material slippage... and a few weeks is not material.

Panic sellers who can't see past a day trade and those flipping their script to try and get in or back in 'as it will go back to sub 5' etc...deserve to be buying back in higher or missing out on such a major milestone event.

"JDA documentation has been reviewed and commented on by all parties, and there is an understanding of the outstanding drafting that needs to be agreed. The Company believes the current JDA draft to be in advanced form and following meetings held earlier today with the Company's potential strategic partners, the parties have agreed to work towards fully executed documents before the end of April 2019."

"The JDA represents a material de-risking event for the Project and is now in the closing stages."

nope, NT to buy so they want over the 2.28 ... can sell loads over bid tho.

Feb update the RNS said...

" the Company does not expect material slippage, if at all, from the current target timeframe of Q1 2019 or any impact on the overall timetable leading up to first power targeted in 2023."

So on a project of this scale with the size of the partners involved, investment and work to date, in Africa... is "before the end of April" material slippage from end of Q1 ?

It wouldn't be "material" slippage on completing an average house purchase.

Wrong ... it's end Q2

"In addition, the Company is adequately capitalised until the end of Q2 2019,"

From Feb update.

aaaaand... Nelly just bought back in right on cue.

"The Company believes the current JDA draft to be in advanced form and following meetings held earlier today with the Company's potential strategic partners, the parties have agreed to work towards fully executed documents before the end of April 2019"

Sell in the hope it dips to get in a fraction lower ?... or

Huge buy signal for nailed on significant short term gains.

You see what you wanna see and you hear what you wanna hear.

yep... been looking strong really throughout a consolidation period after recent gains.

Decent results expected and due March 27th...

Once again from Dec update:

"Notice of Results

Brave Bison Group plc (AIM: BBSN), the social video company, is pleased to provide a trading and operational update. The Group expects to announce its final results for the year ended 31 December 2018 on 27 March 2019.

Trading Update

The Board is pleased to announce that trading for the financial year ending 31 December 2018 is ahead of management expectations, driven by increased advertising and distribution revenues. Year-on-year revenues1 are forecast to deliver double-digit percentage growth and full-year adjusted EBITDA2 is expected to be positive for the first time since the Group was admitted to AIM in 2013.

At 30 November 2018, the Group had £5.1 million in cash and cash equivalents and no overdraft or other borrowings. The Group expects to be cash-flow positive for the year, despite investment in strategic initiatives."

@ LEXION... yes, I believe there was £150k made available at 12p via Teathers... a good idea given that the rest was taken by existing major holders. However, it was not mentioned on the RNS or promoted which I found very odd. I only noticed on twitter when Teathers tweated once or twice... so not surprising if it wasn't fully taken up by PIs and I expect any remainder may explain the cheap shares available since and looking at volumes they may well be clear now.

I think I did mention it on here at the time as I found it odd that there was a few buys over 12p whilst the 12p offer was still available. That said, I added a few at 12.1 at the time as my funds were in a SIPP wrapper... so Teathers didn't work for me.

no... 8p warrants cost 8p

Could we have cleared any left over placing stock ? ... it's possible that there was some of the Teathers allocation not taken up by PIs as it was not publicised very well at all. ie: I believe there was no mention of the £150k allocation mentioned in the RNS etc... so most didn't know it was available unless you already followed TXP on twitter where it was posted once or twice by Teathers.

There wasn't much to clear and the cheap stock may well have gone now ?

Surely oversold here and wants to be the other side of 4p ?

fair play... is your lucky number 404 ?

Someone likes it and is keen to accumulate.