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I think sphinx is correct that the sentiment has been a fear of a fundraising for a long time now, causing those who would consider buying more shares to pause. In the main, this is countered by a very small amount of sellers. An illiquid share trade situation doesn't do anyone a favour, This stasis has to be broken, either by the aforesaid cash raise, or by one of several other potential funding arrangements being announced. It's more that obvious that substantial sales to high credit rated clients would be relatively easy to insure by invoice discounting, credit finance, overdraft, export credit guarantee, factoring, blah blah. More than one way? That's an understatement, but certainty wouldn't half be useful to us holders to know.

With possible vast expansion of volume probable upon passing regulations in China, Mr Ford will have had funding that right at the top of his agenda. The opinion of a miniscule holding failed investor venting his spleen on a chat board isn't worth his time reading, that's for sure.

Hands up anyone who is fooled by him.

Nobody?

Thought not.

The webinar is explaining the seismic date, which has been validated by the drills so far, presented by the geologist who has a vast amount of experience and knowledge of the terrain. There ARE billions of barrels of oil in that domain.

Utterly dishonest to describe the acquisition of billions of barrels of oil as "hot air"

It is a material change in the potential value of the company..

If you're in to correlations, why is it that when you, in all your ID's, claim a drastic fall is coming, the sp rises strongly soon after. If you are trying to keep the shorter solvent, you'd be better shutting up.

Would that be the Board led by a man with millions invested?

Put your dummy back in, you're dribbling again

Official, 19th Oct RNS

he plan targets FID (final investment decision) by the end of 2025 with first production to follow in early 2026. Estimated costs to first production are conservatively estimated at $120 million, based on:

· $20 million for the hot tap

· $20 million for facilities upgrade (including preparing Alkaid-2 for injection service)

· $60 million for the first three production wells

· $20 million for three years of corporate G&A

This cost to reach first production contrasts with other developments in the region, requiring at least an order of magnitude greater expenditure. Additional development costs after first production are expected to be funded through debt or equivalent sources. The Company will provide further updates on its financing activities, designed to minimize equity or other value dilution for existing investors, as arrangements progress.

In order to achieve the stated goals, insti investors will be needed. This appointment facilitates that. It also make a US market listing more likely.

Anyone that suggests it is anything but a positive move is spreading lies.

The Louis/kever/rogadar multi ID tactics are purely an attempt to dissuade potential buyers in order to mitigate losses for shorters. Who's to say they won't succeed. The plan laid out by the company requires patience, something often lacking in PI's. I'll be adding more, but judging timing isn't easy, because we've all had the heads up that funding agreements could drop at any time. DH has said that their priority is to protect the shareholders interests, and his skin in the game is proof that he means just that.

For most of this year, we could count the number of daily trades on a sawmiller's hand.

Beggars belief doesn't it.

Even a beginner knows that it isn't what you buy shares at, it's what you sell them at.

And you would think that even the multi ID ex Louis bashers would see that.

But then, they are talking someone else's short.

Lots of them look matched, could be Bed & ISA

Not correct Louis 11

Holders know what is going on, having been fully informed by an excellent webinar, Talks over financing don't get concluded overnight, but the resource is too important to US fuel security, in US territory in an area with strong regulatory support, close to existing infrastructure, to be held up for long.

As DH said, this is an opportune time to add, or, in your master's case, close shorts

Exactly, they've got all the right contacts. Retailers want generic support adverts to drive customers to their shelves If DSM can prove up the gut health aspect, it becomes a direct competitor with the major yoghurt drinks. But only if folks get to know about it.

Multiple Marketing make a comeback!

Amazing, but will they give this new format a marketing push, something they didn't do with original Sirco.

Looks supermarket shelf type of product, good luck to them.

It's a job that they should have done when application to trade shares was received. Their answer should have been " No, you can not demonstrate solvency." To my mind, FCA have been less than useless, although eventually they manage to convict. Financially, that's of no use to the folks parted from their funds.

We'll have to disagree there.

When I first noticed the hullabaloo on this chat board, I took a few minutes to study the fundamentals. The share had been brought back from the dead, with the financial claim that previous insolvency had been eliminated by the revaluation of commercial land. By then though, the land had been sold at a fraction of that valuation. Therefore, the company WAS STILL INSOLVENT. I posted that view, and took vast amounts of incoming fire. Who were those posters that viciously tried to silence fair criticism? We'll never know.

I'm sorry to say that I think anyone who accepted the RNS's were valid because it was main market listed were naive in the extreme. If they'd taken the few minute that I did, they'd have agreed and stayed out. The scam was supported my massive swamping of chat boards with dream posts based on (where's?) Ware.

Caveat emptor.

Then you've never visited China.

A very health conscious people.

So many of them, so crowded.

I tried hopping, but my leg got tired

The view has to be DYOR.

There is a shedload of very detailed information from the company, there are official reports defining the extent of the fields on a very conservative basis. There are also numerous folks who have spread rumours and unsubstantiated claims. At the end of the day, you have to decide who to believe, and judge whether this is a very low sp time to buy, or whether you think you can wait a while, or totally avoid.

Whichever, your call