Member Info for BlueGlow

Nice video, and a nice bit of kit too.

Re the wall-to-wall coverage of the Israel Palestine conflict.

"Now we have the most intensive, 24/7 coverage of extreme violence that I can recall.

Horror fuels a dangerous instinct, that of blame. Since every vox pop from Gaza must be preceded or followed by one from Israel, viewers are drawn into arguments fuelled by heat not light. There is no history or background. Tearful victims get more time than decision-makers or experts.

There must be a limit. It is one thing to be reminded occasionally of the suffering of others, and of our own impotence when it comes to changing the world around us. I cannot see that relentless real-time depictions of horror is instilling any virtue. We – and our children – are expected to witness screaming, bleeding, angry people, night after night. This cannot increase public understanding of what is happening, only add to anger, discord and mental distress. I want to watch the news; what is being shown is something different."

https://www.theguardian.com/commentisfree/2023/nov/07/we-cannot-turn-away-from-suffering-but-i-can-no-longer-watch-the-news-coverage-from-israel-and-gaza

MMAG,

Do you see trades on CNBC Tro?

Mcap now £7 million. RSI under 15

Or Carney :)

Unanimous decision Tro.

Bring back Careny, the James Mcay of banking :)

Consumer spending remains flat.

Sterling down against the greenback and Euro.

"Sources within Government say the decision is of a major magnitude with the phrase "political earthquake" being used"

https://www.independent.ie/irish-news/politics/political-earthquake-major-announcement-expected-from-government-at-noon/a2011295372.html

DELT,

Dropping through the 50-day line atm.

There is a small gap in the chart, which roughly coincides with support and the 200-day line at around 26 ish.

CGO and BCREEK, both up the creek. 1.70p and 2.00p respectively.

Hi Kenny :)

MARU,

Marula Minig sign long term offtake.

On Aquis.

https://www.lse.co.uk/rns/MARU.PL/long-term-offtake-agreement-signed-for-blesberg-567atluu6pjk24v.html

DEC, huge divi cut.

EuroChamp,

Imo, it isn't clear.

One can't categorically state that it has been awarded based on the available info.

The tick in the row above occurs at the point of termination. It seems reasonable to assume that the corresponding tick in the row below, has been placed where it has to indicate the point of inception - from which a new extension is required.

The trail of boxes beyond this point, are not a guide for the duration of the extension into June, so may instead serve to indicate uncertainty over when the objective is to be achieved.

As i say, it isn't clear.

FWIW Keith wrote "Licence Extension #4 still hanging." in his brief summary earlier this morning.

One to watch if you have mining stock in the region.

https://www.reuters.com/world/africa/south-africas-anc-likely-lose-parliamentary-majority-may-vote-survey-shows-2024-03-11/

Credit to nom for alerting me to the situation.

Yeah, i want in there. But it keeps stalling at around 8 pence.

Has to move sooner or later, lots of activity shortly.

Tro,

Just bought some CHAR, if you wrong expect me to sue.

lols.

Tro,

CPX, need cash by the end of the month to avoid administration.

CPX "should the Company fail to achieve a solution in the short term, the Board would have no option but to place the Company into administration. In this eventuality, it is not known how much, if any, value would be returned to shareholder"

BLU, their stake in Dynasty downgraded in value from £5.4 million to £450,000.

Hi Grile10,

Thanks for taking the time to reply.

I dont fundamentally disagree with anything in your response, in fact im in broad agreement with you.

Whilst the points you raise are all quite valid and reassuring, they dont absolve management of the responsibility to deliver on its assurances to shareholders.

Perspective needn't be binary, optimism and concern routinely co-exist.

Grilse10,

Re your posts under both this, and another header:

"So all you lot whining on about poor board and comms, have no excuse for cluttering up this board"

The concerns being expressed are quite legitimate imo.

The placing to test, almost 8 months ago, was paid for by PIs. The "over subscription" you later mention is not supportive of your wider argument.

The uptake of a placing at this end of the market is not usually based on the strength of the investment case, but rather the depth of the discount, and the ability to offload at pace.

The facilitating broker collaborates with the placees to enable forward selling or leverage via CFD. In our case the discount was colossal and the forward selling self-evident.

Thus, by the time the placed share are admitted to market, the placees have already made a significant return, and the placed shares can be summarily dumped, at or below issue price if necessary.

And who buys those shares? PIs.

We are one the ones who ultimately buy the newly issued stock to fund the managements objectives.

It is our existing holdings that are diluted, the SP we have been buying that gets hit, and the upward momentum it, and we rely on that is quashed.

We buy that stock on the promise of delivery on the ground.

We pore over managements plans, their projected timelines, and the aspirations they offer as justification for the raise.

If management do not then deliver on their promises, then imo, PIs have every right to feel demoralised.

Gosh, just read the article you posted, it sounds absolutely horrendous!

At a glance its all the Israel Palestine predicament, situations like those you mention dont get sufficient prominence in the news.

Thanks nom.

Good to know.

Tro,

Yeah its a volatile one, could rocket any minute, its what keeps us hooked lol.

Did you see that report that it beat TESLA in terms of trades or interest or something the other week.

I dont read the BB over there. By the time ive read one post another 4 have arrived lol.

Have been expecting a move from CHAR for ages now.

They are fully funded to drill the first couple of wells, targeting something like 40bcf base case, nothing huge, but not insignificant either, they expect around 4 million per bcf.

Further upside with stacked targets, and the potential to strike into a 300m thick reservoir and with proven gas down-dip from the drill site.

However, price has been welded to the floor for a few weeks now. BB reckons there is a background seller, though i havent paid enough attention to the trades to say so myself.