Member Info for BradSmith

It looks like UTs are generated at start and end of trading, plus 9am and 11am!
Somebody has a long-standing buy in the system @ 3p (up from 2.94p) perhaps?
With sells going through for £1.50 and £3 it may be costing more in dealing fees that the trade is worth.

It is getting ridiculous - today's UT is for 50 shares , a whole £1.50p worth!
Tiny comfort that the heathen's doing this raised their offer from 2,94p to 3p this time.

Usuallt UTs are are for the biggest trades of the day, not silly numbers like we are getting.

Does L2 supply a clue where they are coming from?

I thought it stank, and this article seems to agree ....

https://www.thebushveldperspective.com/blog/public-articles-1/post/auctions-uncrossing-trades-and-evidence-of-manipulation-291

Appi, it is why I am unappi!
There isn't a trade below 3p that isn't a UT!
I'm none the wiser what is going on. But , when people twaddle on about market makers in future, I'll think of today.

https://drive.google.com/file/d/1__SU3rGKBDk3KKz7-3Ibk0DvNQ7sWY-A/view?usp=sharing

Q. Probably NASDAQ or other USA market. On LSE they seem to be any time.
How can an individual participate in the auction market?

A. (Mar 2014)
"Auction is a special market where only members of the exchange can participate as fresh sellers and sell shares which are short delivered. The Auction market is conducted every day between 2:00 and 2:45 pm. To make sure that there is no conflict of interest, the exchange doesn’t allow the member whose client has defaulted in delivering to take part in the Auction market.

So if you are an individual, you cannot take part in the auction market. "

Share Price: 2.94 Bid: 3.10 Ask: 3.40 Change: -0.16 (-5.16%)

That 2.94p is the last UT value ...... 5 trades since, lowest 3.15p highest , and most recent, a buy of 3.38p

Does anyone understanding how 2.94p makes sense?

RuSiriusIvalotridesagainCroz2492Whizzer

Don't reply to me, I'm not behind you!

Your again? Did your teacher tell you that you are a slow learner?

We are saving a fortune and inconvenience buying and disposing of barrels of diesel to supply power to the site. And it is clean! I reckon that is great management - it is a wonder countries all over the world are not keen to follow suit! Oh, I think they are! And so are financiers!

Did you notice PVR are going for a phased approach - now why hasn't TG done the same? This time, I know he is!

A new CEO for how many months?, and he has diluted the company already! At least he hasn't claimed he is looking after shareholders as TG says and does.

I'm going to filter you and put an end to MM getting rid of posts today. I am not good at suffering fools lightly , as one of my bosses once told me!

And we've been using CBM power on the site since 2014.
And gas has been flowing at Lesedi for quite a few months.

TLOU's Lesedi dewatering is easier than it is at Barryroe :O)

Which bit of filtered did you miss? Thanks for reminding me. My hands are frozen again, I think I'll move to a warmer bedroom.

Whizzer, I am am comparing PVR with TLOU on progress.
Barryroe is their main ("unquestionably the core asset in our portfolio") UNDEVELOPED ASSET and was identified in 2012. 8 years to get nowhere!

Give me TG bod any day of the week! Do you want to bet on whether Lesedi or Barryroe produces delivered power first?

I'm filtering you, you're (note the spelling) wasting my time on this.
==================================
"Providence Resources is now focused upon progressing the development of the Barryroe oil and gas field in the North Celtic Sea, offshore County Cork. Barryroe is one of the largest undeveloped offshore oil and gas fields in Europe and is unquestionably the core asset in our portfolio.

Good progress has been made to date, supported by a capital raising of $3.3million, before expenses, which provided working capital in April to fund the Barryroe farmout process and move the project into production through phased economic development.

In May 2020, there was a further £200,000 raised through a subscription agreement with SpotOn Energy Limited bringing their total investment in Providence Resources Plc to £500,000.

The Barryroe field was recognized as a valuable national resource in 2012, when Providence drilled the 48/24-10Z appraisal well and confirmed the presence of high-quality hydrocarbons, which tested at rates of ~4000BOEPD.

We seem to be getting so many of them!
Really tiny numbers most of them.

Tle link below suggests there has to have been an auction prior to each, so are the shares in short supply to cause this? I dunno. Serious question!

If you read the link you'll see we use SETS on LSE , and NZ use the price of the last deal, as does AUS. That is how I can dictate the ASX price at close if I time it right, but not the London price.

https://drive.google.com/file/d/1B1VE6IT9vUAMnTQjqTx1t07lw06hY5O_/view?usp=sharing

I'm a bit peeved because some UTs in the last few days have moved the spread down quite a bit!

Covid is not much of a problem offshore Whizzer!

Why didn't TG move Lesedi into the middle of the Indian Ocean I hear you ask!

I guess thge fishing industry is immune too , as well as Sky lab? Isolation is the name of the game for such workers.

Fixed price quote (volatile figure but usually good for quite a while) is 3.37p to buy on IG.
https://drive.google.com/file/d/1dCaU45SMTo2jM316wvzxMaMXtVlOYUuY/view?usp=sharing

Sorry, did not click copy/paste hard enough it seems.
https://drive.google.com/file/d/1REVZWSBf_7CEKYsXgNCN2ztwwpYGsqnf/view?usp=sharing

Very few trades on ASX but 5 of the 6 were surely buys?
https://drive.google.com/drive/u/0/folders/1XC4FL0iEXeH6FwRGJGKSeWhkx37_MJV_

"Definitely feels like a cash call is coming!" from Whizzer.

Do you mean, you can see 4.4p+ price coming ?

It is a nice option, but it is more a perk for us than the company.
Will people buy before the 2 years it up? I guess so, but only if they want to cash in on any gain that is available by selling OR want to give the company a few quid earlier.

I've always thought what a nice position directors are in when given options - but it is not as fantastic as I thought now I'm in that position.

Freebies don't have a downside of course. HL notified a load of freebies in their latest RNS and dropped the sp as a result. Wish I'd stayed with CBA but hindsight is easy.

Why Mamba, MM?
Is the drill still there? Or has it been moved back to Lesedi?

BPC price rises , 22% was also preceded by a rise last year I think?, are awful for the populace but not necessarily for TLOU . I think TG planned to produce energy at lower costs than diesel , but will have a wider range of prices to negotiate with that 22% in place.

If BPC play hard ball, our staged delivery of expansions will each need new deals , maybe?
And by then we'll have the option of supplying the regional grid instead , I guess.
That option is not mentioned as much as it once was.

Mamba dewatering will be interesting - I wonder if we can estimate the volumes better nowadays?

Zak is often a subject of ridicule , like most solid TLOU supporters , but who'd have thought his forecast of 3.5p coming at the end of either Oct or Nov (not sure which) was going to be pessimistic?

Good to see those of you who sold their holding until it was worth reinvesting are not bleating about the impossibility of getting back to their original numbers without remortgaging their houses.

I wondered when the peak was coming i.e. when would punters start to take the gains from this month , and instead the market looks to be accelerating. Wonderful stuff!

I have never been to a shareholders meeting. Do they prepare printed versions of the agenda for attendees to pick up on arrival? I'm wondering if word got out at the printers if they do?
There has to be more than the TG broadcast that repeated what I have heard for years, but I'm thinking there must be a catalyst over and above the broadcast that will become public at the AGM.

Today there is a huge staff bonus worth a few million from free shares - £155k each rising to over a million for one of them!

I guess a few out of pocket shareholders feel like they are being robbed to make the in-crowd richer? Me included!

Got the bedroom outside door open for Poppy and my hands are frozen. Sorry about the typos , not illiteracy!

In case you don't know to add or delete Quick pics , there is a "push pin" (can look weird but it is) next to the left of TLOU full name. Use that pin! It is red or green I think?

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