Member Info for bandit1

600T - I suspect from your response earlier that one of the many who I have filtered of late has been getting a little excited hence exactly why I use the filter button. I am too busy with other things to come on here as much as I would like and therefore when I do I do not wish to waste time and negative energy engaging with those who I feel either have an agenda, do not understand the potential or are too emotionally involved to articulate, in a calm and balanced way, what options may be available to the company at this time. The balance of debt/equity funding is a known unknown, the timing of funding is a known unknown, the timing of drilling Harvey is a known unknown, the outcome of this drill is known unknown as is FID. Despite all of this I tend to take comfort here from the known knowns in other words the Thames pipeline and gas assets which have been skillfully accumulated over the last few years and this is why I am here. Like others I have a significant investment now, under water of course at the moment but so does the company have a significant assets literally under water and in the fullness of time I feel confident they will be monetised with a market appropriate funding structure. This is pointless speculating about as we are not on the inside but it is not the funding structure or rate which will be the determinant of success it is the ability of management to bring it all together and so far they have done incredibly well and deserve to be supported during this rough patch.

Tonyboy - good on you for seeking out those with a management responsibility to promote the company and yet most of us will, sadly, not be surprised at your findings. Over the years I have from time to time invested in Pharma stocks which were higher risk than IQE with clinical trials after clinical trials driving potential value and I was aware that in most of these companies they would occasionally succeed on the technical talent alone despite a lacking in business/ commercial nouse. In other words the6 would develop a breakthrough new drug but would struggle to promote it properly. IQE have been around for long enough for Dr Nelson to realise this and so I have reluctantly accepted this shortcoming ( because he has not addressed it) based on the quality of IP and potential takeover premium albeit that my investment is much smaller now. I do think that our new CFO will be fully aware of the company he has committed to and the shortcomings so can only hope that he will drive change for the better in this regard. If he does I will increase my xposure but not before 8 see some evidence or indeed if shorts start to close at a clip.

600T - I know from talking to people that there is a much greater level of activity in this respect as short hedge funds have become more aggressive and indeed there are more of them and competition has been tough of late. Many funds have had a poor 2018 on the long side and have been bailed out only by some lucrative short positions. Of course many would not entertain this sort of practice but I know for sure that some do and they rely upon trolls as you highlight, to perpetuate the negativity having taken their positions. I can accept negative opinions I cannot accept mistruths. Keep up the good work in policing these sorts and I look forward to them disappearing when the price recovers and their work will be done!

PC01 - I am a little rusty on this but recall that subject to what is contained within resolution the restrictions in UK are based on weighted average price in 5 days prior to purchase with a cap on price paid of 5% above that average. Like you I do think it could take some time but I also think that with the growing cash pile the SBB may not be limited to $10m as that is described as a minimum level. Also, it would not surprise me to see a special dividend paid at some stage depending on other plans which we may not be aware of to deploy the surplus cash now being accumulated. Whatever happens this company will receive greater interest from new investors/traders incoming weeks and months that I have no doubt at all so a lot to look forward to now.

Well done Rivaldo. I have been advocating a much more pro-active PR strategy for over a year on here and sold most of my holding due to poor PR and poor leadership. This is a perfect opportunity for the CEO to get the film crews and reporters out to South Wales to talk about how this will unlock private investment, create new jobs in an underinvested part of UK blah blah. Let’s see if the short positions reduce a little although if the PR is not maximised again the hedges may hang on in there a little longer. A little note of caution about Gotrader - he appears to relish the down days.......I wonder why that may be?

Gents - you are spot on about this poster he is so transparent he is almost translucent! Waiting game now so best to focus on other things until the alarm goes off when the share price starts to take off again.

Paddy - of course cores without assays are meaningless but inference I took was that assays would go alongside that otherwise what is the point as it is just dirt and yes it would be insider trading but only if someone acted on that or passed the information onto others who acted on it. LB - mineralisation for a general area without detailed assays is not what people are waiting on here and most here know that. You appear to be very keen to see the results of these assays yet have seen the results of previous cores. My point is pretty clear I think that some people may be getting a little ahead of themselves. I am simply offering my thoughts based on 30 + years trading and investing and as someone who is here for the long term rather than a quick buck.

Paddy - many thanks for your recent finds which were extremely useful in highlighting the huge potential here. I am not entirely convinced that GH would show the cores from 006-009 to Sprott and others before they are formally released to shareholders. That would be inside information and would preclude those who saw the cores from investing until they were released and why would you want that restriction if you were keen to invest? Gervaise has worked at McQuarie so knows that many in the markets do trade on inside information but at this stage in the company’s development I rather think that Gervaise will be very circumspect particularly given the level of interest. Either way the results of the cores will be released any day now which will remove the need to speculate more and allow shareholders to focus on the next steps. This could go in a variety of directions if some of these cores produce similar results to 005 which makes this such an exciting investment.

As I said I would, I bought another £30k on open so re-investing my div ahead of receipt in hope that we will see a steady climb over coming weeks and months until such time as we hear news on Etinde or an outright corporate action. Perhaps I was a little optimistic to say that we may recover 5p of the 15p div today but likely to take a few days at least. Always good to see lots of new posts which reflects renewed interest and volume however informed/excitable a few newbies may appear, that is the world we all inhabit looking to make some money. For me it is simply about waiting for the end game to happen which could be weeks or months but my gut tells me no more than a few months max.

One of my buy signals has been triggered here again today which I have developed over the last 5 years or so on LSE. If I see more than 6 red filtered blocks on 1-page of postings that tells me that the trolls are working hard on behalf of someone to keep the price down so that they can buy in at the lowest price possible. That, in conjunction with the most attractive fundamentals we have seen on SLE for some years means that I will increase my holding further in coming days and weeks.

Thanks Offerman I will do that. Good to see more posters filtering the trolls.

We all know that securing funding could propel the share price back up to the highs last year. The only impediment to the full recovery in the short term is the structure of funding and the split of debt/equity. I won’t lie that investing in AIM is a challenge at times as it is far too easy for people like TW and his band of merry men to swamp small cap shares with spurious stories which gain momentum despite their untruths. However, financiers in my judgement will be persuaded by the investment case here given the potential near term opportunities, quality of management and upside potential having secured such a brilliant pipeline asset. We know that Brexit has created a unique opportunity for the spivs to prey on weak holders and bash good companies which they will later invest in. For existing holders it is a question of believing in the management and quality of assets and staying patient. Momentum is a powerful force which we have seen on the upside last year and more recently on the downside. Too easy to remember the painful part but I am optimistic that in time we will see funding secured and Harvey successfully drilled with growing gas assets on the balance sheet. For the time being most trolls have been filtered here by me but I suspect there will be more........

Atrium - perhaps you should develop an understanding as to how spreadbet providers treat dividends before providing advice to people. Don’t you think that everyone would simply short every high yielding dividend payer without owning the stock? If only this game was that easy eh?

Lessonlearn - a brief look at your posting history tells anyone who has any doubt that you probably know very little about the company, it’s markets or history. You will write anything that comes into your little mind to benefit your position and I suspect as a relatively new member have multiple ID’s too. My filter button is on overdrive at the moment.

Tier - people are very polite on here with amateurs like you who attempt to come on here as a novice asking for advice then not so subtly drip feed negatives. Tiresome in the extreme - another child filtered.

Burnie - spot on! I am a new investor here but don’t bother to read the comments as they are regulars responding to trolls. Why oh why do people embark in daily dialogue with trolls? I think I know why! Regardless, I will stay invested as I like the CEO but not the most inspiring board to read. Not wishing to offend but if it is sport you are after play 5-a-side, have a game of darts, golf or tiddlywinks!

Dungiven - yes indeed, tax losses do have a value and the advisers working for BLVN, if indeed the company is sold in the future, will ensure that this is included in their valuation of the company. As to the ex-div date later this week I will be re-investing my dividend immediately on the drop expecting a steady rise up to and well beyond the payment date as I believe that this will be a great opportunity to get in at a low point again and I have no doubt others will do the same. As a result I expect that the end of day price will not be -15p but more like -10p but not long to find out either way.

Tony - quite right and indeed you should as I often do but not sure it makes a lot of difference. In my experience , Boards are only going to be influenced by those who have power and leverage so I am referring to II’s. As I mentioned a short while ago after the 140p placing a year ago those who were suckered, I mean who participated in that placing will be very unhappy and they have power to insist on meetings on a regular basis with senior management. I am pretty sure that they will make the same points we are making here the difference is that they have leverage we do not.

Diplomat65 - yes I am on the same page. Challenge for any acquirer looking to buy this on the cheap is that 60m - 70m shares will have to bought back when they get wind of any potential corporate action ( hedge funds generally will be aware of rumours) which will cause a very sharp rise towards £1 again and with a 30% premium or more ( they will have to pay up for the IP) this could be sold for £1.50 quite easily in my view. For my part I will review my position on this stock quickly if I see short positions coming down at a pace without news which may be a sign.

This idiot turned up when Winnifrith and his band of followers started to spout nonsense about the relationship between LCF and LOG so I filtered him immediately (but saw some replies to that individual today) as it is clear what his agenda is - yet another mindless troll who I refuse to waste time engaging with. Others would be advised to ignore them as well. Pathetic that this is the only way they can make a living!!