Member Info for bluerill

thanks for that alfa.

yeah, wrong....in fact hydrogen and vanadium flow are part of a growing sector where the 2 solutions are now often being considered against each other (and sometimes alongside each other), depending on the size and scale of the project. Your analogy is wildly inappropriate and shows you don't understand at all how the equity market works. Right now storage generally is considered an inevitability. One forecast has the market for storage alone at near $1/2Trillion in 10 years, but no one can yet be sure which technology will dominate and then, which individual names will emerge. As a result, at the moment, the market is bidding up significantly ALL of the listed names of any consequence. A good example is Ballard Power in the US, which is hydrogen-based, and has been around, and significantly unprofitable, for over 20 years, yet the shares have gone up nearly 4x in the past year or so. When RED relists, with a real order book and backlog, a powerful argument as an alternative to hydrogen in certain circumstances - particularly in large-scale projects that favour Vanadium's long-lasting/non-degrading characteristics - and a clear path to EBITDA+ in a few years, and it will very much be measured by the market against the names I mentioned, none of which are near-profitable yet, but boast an AVERAGE market cap between 10 and 30x our mooted, post-fundraise market cap.

and look at how well our closest comparables, Ceres Power and ITM, have done, even with the market crash

um.....its not a rule, gg. that's precisely the point. some mandarin at AIM 'decided' on this arbitrarily. crikey.

Apparently AIM regulator declared PANR needed to 'prove' that physical annual reports had been sent out to all shareholders, a patently ridiculous - and arbitrary - requirement, before they would allow the shares to re-quote, which is why there is a 2 day delay for trading to restart.

Hope he didn't die destitute???? Honestly, what is wrong with you? If you have to comment on the death of a complete stranger on a financial message board - which, I'm sorry is weird enough to start with - why can't you just opt for some empty gesture like everyone else? What possesses someone like you instead to offer up to the world a statement like that, one clearly designed in your mind to demonstrate how clever you are, yet manages to convey precisely the opposite message? Frankly, it would have been more honest and way more appropriate - assuming, of course that you'll never have the self-control or self-respect to NOT comment at all, and decide instead that you simply HAVE TO write something provocative/controversial/shockingly stupid - if you had offered a view on whether the man had retained a shareholding of any consequence (I don't believe so) and whether his estate might now be a seller. The latter may be a bit ghoulish, but at least after reading it, no one would be left wondering whether your soul had left your body.

i don't understand what you mean. there's always a buyer (obviously) when there's a seller. i've explained what happened

someone put in a sell order for 200k, at clips of 20k at a time, but the seller (for a change) got a bit of surprise because a buyer came in for size (more than 200k), so all the 20k clips traded at once....

'.....ALGO trades or taking out stops?' its neither

San Leon Energy* ? (SLE.L, 26p, £117m) says the alternative crude oil evacuation and storage system (ACOES) for OML 18 is being constructed, with the ELI Akaso FSO expected to arrive into Bonny port shortly. All government and regulatory approvals have been received, with commissioning expected in May. Positive - a major milestone for the coy and its partners.

I agree, BS, that the RNS is a tad confusing as the first bullet point on permissioning - though it uses the verb 'have' - in fact appears in a 'to do' list. I can confirm after speaking to the company however, that that item is as written: all necessary approvals HAVE been received. What's particularly interesting about this small, but perfectly formed positive in the announcement however, is that it is yet another direct dismissal of yet another in an endless string of stuff and nonsense that Jabba has pulled out of his spleen over time. Careful readers will remember that this shameless charlatan rubbished the company's plans for this transformational upgrade of its evacuation system by declaring - with absolutely no evidence or supporting material whatsoever - that even if the company does get the kit into the country, it will bogged down interminably by state and local bureaucracy. In fact, all of the necessary permits were obtained PRIOR to work commencing. Note that this is what this individual specialises in: sudden, unsubstantiated 'negative' comments out of left field, with the pretend air of expertise, almost always constructed in a way to exploit shareholders' fears about big, bad Nigeria and always always coughed up after more good news from the company and/or he has again been owned by a recitation of the facts and needs to change the subject.

I bought a few today. Cheap stock. Lousy market. Usual story

um, i know who bought them. why of all the bargains that have gone through in this name, why would you wonder about that one?

I'm sorry bs, I really am, mainly because correcting you is often a thankless exercise, but that's another pile of gobbledygook. Your opening gambit, '....San Leon shares are predominantly owned by institutional shareholders whose traditional investment style is that of commercial bankers i.e.– they ONLY want a participation/retention share of a particular project, never risking total ownership that could involve them in large losses.....' is simply wrong. Institutional shareholders like Legal and General or Lombard Odier or even Tosca, are NOT commercial bankers by another name, they are precisely in the business of owning (often large) equity stakes in listed companies. Sure, they get involved in other areas - pre-IPOs, debt financing, even direct investments in particular projects - but their main business remains as it always has been and that is to invest in the listed equity of public companies. The rest of your post shuttles back and forth between the irrelevant and the deeply confused(ing), although your penultimate sentence deserves honourable mention for its obtuseness.

sorry, the 46p tender greatly enhanced LAST year's returns, not this year's. It's still anyone's guess what the company might do with its cash pile this year, though a regular/special dividend is a popular guess. Meantime, I'll turn my attention to the Return of Jabba - out on work release - over on the advfn board as he/it will doubtless resume his battle with the truth while deflecting. projecting and obfuscating. I'll leave it to others to address his racist fur ball creation over here.

For the record, should our shares close at or near the current mid-price of 28.5p, that is roughly a 10% improvement on the undisturbed share price when the buyback was announced on the 17/18 October. Now that is nothing to write home about, but nor is it 'nothing' either as some have grumbled. But I don't correct anyone here for the sake of scoring a cheap point (nor when I remind Mr Poppins - again - that by complaining about the share price at 28p being risible, he is - yet again! - forgetting/ignoring/not understanding that the 60% tender at 46p in the middle of the year was a MATERIAL event that greatly enhanced most small shareholders returns this year, exactly as a special dividend would have, so that leaving it out of one's latest diatribe is deeply misleading), but I do so to remind legitimate small shareholders that this company does have a decent, if erratic, recent history of focusing on shareholder returns which probably augers well for the near future as well. Additionally, for whatever it may be worth, keep in mind that the ritual evisceration of management is being played out on virtually every small cap resource chat board around the world right now, never mind AIM. I wonder how many of those hundreds of thousands of shareholders, in those thousands of companies, might feel about trading the performance of their shares over the past 4 years, and the health of their companies' balance sheets and thus the prospects of those companies to provide them near-and longer-term returns on their capital, with ours? Just wondering......

I don't often comment on day-to-day price action (except with investors I advise privately), but it is indeed worth noting that, as we approach the END of the buyback - during a period of continued weakness in small, resource shares across AIM- instead of the 'normal' behaviour one would expect for a small cap name like this - namely, declining volumes, wider bid-offer spreads, and of course, a weakening share price, we are, counterintuitively, seeing pretty much the opposite. Liquidity and volumes have been pretty healthy (and if anything, improving), the market bid-offer spread has not only been remarkably tight, but probably the tightest I have seen over a sustained period in the 4 years I've been involved, and as noted already by Redeye, the price has started to move a bit better, in particular - for the moment anyway - creeping above the 28p level it has been stubbornly holding below for some time. Does that mean 'something' is afoot? Of course not, but it does give further credence to my observation some weeks ago to an angry poster, that though there has clearly been a seller in the market since the buyback was announced, it was probably more useful back then to focus on what I felt was mounting evidence of a consistent BUYER (outside of the company of course). While its probably too early to declare a winner in that tiny debate, the price/volume/spread action of the last few weeks in particular, has me more convinced than ever that there has been a stake builder of some description working patiently in the market. From there, who knows? Perhaps when the buyback ends, so will the 'buyer', as paradoxical as that might sound. Perhaps, the 'buyer' has been building a position for the oldest reason there is; namely that, as Jogoat is only the most recent poster to point out, the fundamentals of the company are likely to improve materially in the near-term on the back of its new, alternative evacuation system. How nice would that be for a change? These days, in this market, in this share, anything is possible.

yes, let me rephrase: pembridge trades small volumes (though reasonable relative to its market cap), so if someone has decided to misinterpret/misunderstand the RNS and panic out of a 1/4million or so, then I concede you could put the move thus far 'down to' the RNS. However, that doesn't mean the 'market' has deemed this negatively, which it objectively is not, nor does it mean the decline will hold, which it won't

fwiw, pere is down with the sector on the back of BHP's results and the copper price decline and not on the RNS, which as stated, was a small positive

omg, I know all that. I was referring to the costs of our oversight role (yes, mainly travel and related costs) that we no longer bear but are now shared like everything else. ergo: SMALL savings, SMALL positive. sheesh