Member Info for Bladderman

I believe the selling of the stated 411M (approx 350M from YA) was triggered Monday after FCA approval on the previous Thursday (26th) and will be completed today or Friday.

Time will tell!

Yes Mister - my apology guys i do mean Mozambique!

Contracts for licence extension.

When I say research I was referring to the unpicking of the share unloading and potential source of the selling as was surprised. I read through the admission and end of quarter documents. That's when i came across the 411M shares agreed by the FCA on 26 June 2020 and just shared an opinion. Wasnt intended to cause offence! Anyway, think just churning through the last if the 0.3 placing and intrigued by the potential TR1 ownership anticipated Friday/Monday.

GLA

It's speculation and time will tell: nonetheless, since Monday we have churned 850M (300M, 280M and 266 today). Another 250M tomorrow and that will be 3x the potential 350M YA stock. Then we'll pop. Next add the TR1 and contract news flow plus potential acquisitions this will be £25M+

Wanted to share my thoughts after researching

The source is this...

In a Prospectus approved by the FCA on 26 June 2020, the Company has reserved 411,326,189 common shares in the capital of the Company to be allocated for the settlement of debts to its unsecured creditors, accrued unpaid wages to its employees and the secured Promissory Note due to its CEO at the Placing Price, in other words 0.3p

So basically load up the 0.3p lows as it's going to pop on Friday - if not before as much of the 410M minus AMs 40-50M has been forward sold. Bring on the Tr1

I think i know what's been going on.

I think it's YA been forward selling and had up to 350M although 0.3p is the line in the sand as that's the confirmed placing level. I also think AM has converted his £110kish loan note into shares also at 0.3p which we be a big boost when declared. I believe we will have a TR1 from a Nigerian related investor that will come Friday and he hasnt sold any. The contract will come next week and we'll be trading in the 0.4s on Monday!! Into the 0.6s upon contract sign off. It also means that we'll have another £850k so we be looking at other assets and developing Morroco although OPL266 is our core project!

All fun and games while we await the contracts.

Currently valued at £12M which includes the placing shares (total is now 3,910M).

Then they print a UT for £207 at 0.32p lol

It was like this last time I screwed myself.

Just focused on the fundamentals instead

Consolidating down here.

Big drill contracts being signed off imminently - so the intraday doesn't mean a lot TBF. The bigger picture wins the day

235M traded so far today...

Took half out - well done guys and GLA

0.35p just paid for £7k.

Looking primed

MMs pretending they have stock lol

Been on the Ask since announcement Monday morning - time to re-rate

PEEL has been controlling the Ask for days - he's just done one so it's party time - 0.4s incoming

Watch out for the L2 switch then we'll test 5p

Some one else thinks contracts are coming!!

A COVID App that works! Expecting them to email the big players too. Developed using Newcastle NHS data I understand so NHS connections already in place. How long with this stay sub £10M??

No surprise

Ask increasing with buys - not that it matters and we haven't seen nothing yet!

Any contracts over night and could open up at 6p+ and still be bloomin cheap!!