Member Info for barnetpeter

Dire straights? Money for nothing? Well they just raised a million…

i sure got this one right. sold at 30 p and said it was way overpriced. microsalt looks in trouble and the portfolio is a ragbag of failure. the mugs who ****ged me off daily are over 80 per cent down. could easily fall another 50 per cent.

Not much shorts these days. When BOO was over £2 there were plenty going short but not much to go for at 30p. I can see this at 50p if they do sell some assets at a decent price and pay off debt. Or even get refinanced. I am in at 29p ...I well remember the days of 270p plus.

Is any of this true? The rns issued just a few days made no mention. The company would have to suspend if half of these allegations were true. But I can think of other cases where (for instance) the drilling of oil had stopped months before. That was that and administration followed so nothing surprised. The company said it had reduced debt and had a cash balance, I think a placing could resolve the debt if things were that bad and strikes are not exactly uncommon. But nothing surprises in small caps .....no regulation

Nope . I got 1.21 bid and today 1.01. Very volatile. Will def be back here.

52 Week High 6.60

52 Week High Date 09-Nov-2023

52 Week Low 0.185

52 Week Low Date 19-Jan-2024

Wow. Sold out this morning. Hoping it will go back to the approx 80 level. Lots of shares around and it moves every day. A traders dream stock.

We all know that when Pensacola was a dead duck mainly as a result of no more no more license by Miliband this was a goner and all this type of exploration company is finished. All these oil and gas small caps…will all be gone in a couple of years

I bought some of these much lower and took my cash back today near the high. I already had some "free". The point is no one knows with this type of stock. Look at PPP. I sold these at 2p and congratulated my self when it tanked to a third of that price. I then ended up paying higher than my sale price and it flew over 10p. Maybe OVB will do the same. Or could fold. It is just a punt and the lower you can get the risk the better. It could take months or years but it has millions in cash in the bank and it could easily refinance any debt if it can agree a decent deal. There are lots to be done and OVB might pull one off. If they do then holders could hit it big.....but we all know its just luck and we are really just punters on a different type of roulette wheel.

October next week. The odds on delisting are getting higher now. The directors might be tempted by that. No fees to pay, no pesky public shareholders to deal with, can pay themselves want they want, no updates just a yearly note.

Another 1.2 billion shares. Issued today then. You can’t get a share price higher without huge volumes. 18 trades won’t do it!

More dilution. Now down 20 per cent. Ten a penny. Did a placing in June. Soon be back for more. Need a miracle to achieve anything. The new money should allow the company to limp on for another year perhaps. How much are the directors being paid? Should be paid in shares only

Markets in the UK are very nervy awaiting the first Labour budget. Big tax rises, capital gains, end of or limits of ISA's. Anything is possible. I am selling myself. The small cap mkt could take a kicking if stamp duty starts to apply to AIM. We are told it will be "painful"

Anelka....strong rumours she is going to reduce that drastically. She thinks that saves too much tax and she wants a lot of that.

Only a few weeks to go now but be prepared for ISA limit to reduce drastically if CGT is increased.

What do I think? I have sold out today. For a reasonable profit. I sold half before at 1.66 so neo has been a decent punt. The rampers will never tell you about a sale. I don’t have anything bad to say about Neo but I think the selling will see this below 1p again. The small cap mkt is dire at this time and I think I know why. Markets are waiting for the end of October to hear what is in the Labour budget. If capital gains tax soars as many predict then timber. No one invests to pay most of their profit in tax. So I am not investing just selling until we find out whether the Painful budget is going to include investments in stocks and shares

People have said that since rock was 20 times this price. Some people enjoy being smacked in the mouth every few months…via ever growing losses.

Already smashed below the 10 placing price. Sea of sells. I guess this will be those that took the placing. Now dumping at a loss. Retail will not take much if they can buy in the market cheaper. I hope they are not relying on this money because not much is coming

Almost worthless. Ten a penny. I sold out at 31…so tempted to buy back in since but held off. One of those stocks that promises a lot but just goes lower. Can these at 8 because there is now a lot of stock around.

So just a few issued at 0.15p. Might have been asked to do so to keep an orderly mkt. No stock here. Could easily have raised more cash after the volumes we saw last week. Might not have wanted to dilute by very much. Will buy some back at the 0.15.

Just got special permission from the Government to start immediately. No need to apply to local Council. MAC investment in Weardale Lithium must be increasing in value.

Angela Rayner has backed plans to turn a giant disused Cornish clay pit into a lithium mine, so that UK cars can be powered by British batteries.

The Trelavour pit, north of St Austell, could help supply 25,000 tonnes of lithium per year for the UK battery industry by 2030, according to Cornish Lithium

Sold and sold. We dont know about margins but this update is vert decent. We need some big volume days as there is an overhand here but a year down the line....

our production volume has reached 160 containers of sawn timber and veneer, with all of this production already sold.

we have a forward order book of over USD 7 million in contracts across the Middle East and Asia, which we expect to fulfil and recognise as revenue over the next 12 months. Our veneer production is fully pre-sold under agreed-term contracts. Additionally, we have resumed hardwood cutting for species such as Dabema, with a notable contract for export to the UAE