Member Info for Bridgedogg1

Great news, indicates Circum may start actually moving, I'd completely written it off.

Kind of agree. We now have the app and payroll offering in place so its just a case of scaling up, each addition is more incremental revenue at very little cost. The key may well be large payroll agreements, this will feed into users of the app, transactions and the retail side. Heros was just 70 or so employees but a seamless rollout in 4 weeks is a really good job providing proof of implementation to progress larger deals. Maybe Google or Amazon employees want some of their payroll in bitcoin? Imagine if we got Tesla, Musk would surely be interested... we'd be a household name!

Those kind of deals may be some way off but I believe this will snowball with many more deals coming in 2022

£70k buy on the Ask aint bad

The term 'hostile takeover perhaps being used incorrectly but ultimately its when someone /a company bids for a company and its is not recommended by the board of the target company, usually because the offer is deemed too low. Offers are put to shareholders so if they vote to accept then it can still be successful without board approval. Hostile takeovers are often preceded by the acquirer buying shares of the target company in the market to make their position stronger. UK reporting rules makes it fairly obvious when someone starts to do this and it can drive the price up very quickly. Not much point in someone doing that here because they wont be able to get it cheap - any takeover bid would result in a bidding war ending at multiple times the initial bid (not too bad for us though). Their best bet is to get a piece of the pie via a joint venture when the target company doesn't have the finance to progress projects on their own. Wouldn't be surprised if the current JV offers have already progressed into a kind of bidding war, the next update will be very interesting, especial y if there is specific mention of other offers.

88e - ouch, to be fair most will still be in profit unless they bought in yesterday but still its never nice. I bought Cadence recently and it placed the next day.

Glad we are 'funding from internal resources..'

Now lets stop playing silly bu@@ers with the share price

If I'm right - in theory we would get 10% currently but with the option of buying 90% for £16.5m, currently in discussions for funding, including that purchase.

anyone that sells into a blatant tree shake deserves to miss out. Get rid of those weak holders, we are here for 6p

Luckily I’ve been in PREM for the last 10 days, otherwise I’d be well down, as it is slightly down overall as this is my largest holding. Great entry price for newbies and of course those traders will be buying soon enough.

Let’s squeeze them hard, plenty of other interested parties so we can dictate within reason.

In the meantime.. 30%+ today maybe?

Don’t forget GR knew what he wanted from the deal so with so many offers he isn’t just going to go for the biggest player, there will be some consideration given to what the potential partners were offering compared to our ideal scenario. I don’t think there will be too much of a mismatch, HOT set out to iron out details but I reckon the overall strategy will be fairly aligned for the outset.

3 funded drills, £140m funding package and 5000bopd market should wake up to this soon enough.

Last sell off started at 0.34pafter spike. We’ve now had a steady rise to fill that gap, once it’s broken we have a clear run to 0.4p

Looking very undervalued now

COPL didn’t just miss the discovery spike, also missed the pre drill hype spike because we didn’t expect it to be there. Then again we also missed the atomic acquisition spike…should have been way over £1 pre CPR and arguably before discovery. Such a bargain..

Time for PIs to get in before details of the major producers tussle for 20% emerges

We only own 10% of it, $16.5m before end 2022 to pick up the rest, seems like a no brainier now

0.4p should come relatively easily now, perhaps by Friday close or Monday. That’s assuming no JV news to push us up to 1p+ boomage

Seems like this might be turning… steady rise back to 40s..?

Think so too

I mean ask >o<