Member Info for baldmark

httpS://www.telegraph.co.uk/business/2021/03/13/ministers-considering-ban-north-sea-exploration-licences/

"Options being consulted on are understood to include an end to issuing licences in 2040, and an immediate temporary pause in licences."

I'm guessing this is mildly good for us since it makes our existing licenses more valuable to a predator.

Thanks barwickman, I knew it had to be too good to be true somewhere. I got the price from httpS://finance.yahoo.com/quote/FCT-USD/ Not being into Crypto, I didn't know what "CCC - CoinMarketCap. Currency in USD" meant.

According to proactiveinvestors article on 22 Aug 2020 FFWD owns 6.3 million shares in Factom as a result of conveting the SAFE note under the terms of the chapter 11 settlement. This is currently trading at $2.62 per share. i.e. the stake has a market cap of around GBP 12M, albeit being 30% of the company it would need to be sold over an extended period not to kill the share price. I'm sure I'm missing something, but can figure out what.

httpS://www.proactiveinvestors.com/companies/news/927778/fastforward-innovations-says-chapter-11-reorganisation-plan-for-factom-has-been-approved-927778.html

Fairly positive article on Macau Casinos in this week's Economist. httpS://www.economist.com/business/2021/03/04/are-galaxy-entertainment-and-mgm-china-a-winning-bet

Other than the BOD, is there anything to prevent Ed from merging FFWD and EMMAC to get EMMAC listed and FFWD closer to a 100m cannabis focused fund? Were that his intention, it would clearly be in his financial interest to keep the FFWD share price as low as possible until that happens.

@botbot, It's a water company. This seems to be the main thing it produces. Hence the SP.

Noel, Well done on getting your timing right on your recent trade. I find in general, being nimble makes money....for market makers.

Trying to figure out the possible outcomes of next week's coin toss...

If the climate bill amendment passes and or authorisation is refused what then? Is it a case of the share price tanking and waiting for a more agreeable Spanish Government, or is it really game over this time?

Comparing a Spanish project with Canada/Australia/US or other jurisdictions with strong rule of law is a bit optimistic. Emerging Europe is nearer the mark.

He needed to raise cash to persue his core strategy of building a medicinal cannabis investment trust. Leap continues to fail to float. Other than sell a quoted, non-core, asset at the market price, what was he meant to do? I'd be as quick as the next investor to complain if he did another discounted placing (with warrants attached) to his mates.

Got to keep the lights on somehow until Leap and Juvenescence IPO and the crypto day traders move to cannabis.

Absolutely. It could happen. That's why my poker chips are on the table and my house isn't.

If you're after cheap weed, look at Fast Forward Indications (FFWD). For a while now they've been in the process of transforming from a spray and pray ideas fund into a medicinal cannabis investment trust. They're still under the radar and seem to be in the right place at the right time.

True. But it's not going to help either public sentiment (votes) or the uranium price (profitability).

If 20% changed hands, it seems strange the price hasn't moved substantially one way or the other. Diversified, what is the source of your figure?

The Farmers Protest seems to be getting a lot of attention. While the idea behind the reforms makes economic sense, Modi seems to be handling it in his usual capricious and Trumpian manner. With the new regime in Washington that won't wash any more. Greta has now got involved. This can't bode well for the Indian stock market in the short term. I'm out.

Could be worse. You could be a LTH. After topping up today my average is 8.8 (:

Directly, almost definitely not. However, given we need to fundraise, anything that makes shorts nervous and/or low on ammo has got to be good.

Not really a premium unless you consider the warrants worthless. Two years more drift has got to be a possibility, given past form, but isn't a done deal.

Essentially more dilution, probably mostly to pay BoD, while we wait for something to happen.

$65 will come by summer when demand picks up given there's been little investment in new supply. Renewables are the future, just not soon enough on the scale required. IMO of course. If I didn't believe that I wouldn't be investing in a marginal oil producer.

Market spooked by a RNS pointing out that a fundraising and/or debt for equity swap may be required. Can't be good for our NAV.