Member Info for Bridgedogg1

If anyone has a little trading pot on the side it looks like NTOG is about to seriously move from its lows. (Sorry)

I quite enjoyed Volkswagen. Didn't it become the worlds largest company for a short time as a result?

"We are maintaining sales guidance of £23m for the year ending 31 December 2024. However the scrap problems in particular have absorbed a sizeable amount of working capital and cash. The Board are assessing options to address this short term issue."

How do people read the above? Is the short term issue that they are going to address the scrap problems or the working capital/cash? i.e does this indicate yet more monies are required?

Not sure why everyone is so bothered about the SP not going up today, it’s been hugely successful in churning out the sellers. Huge volume and will now move much more easily around the up 50s range. Next we will have another churn at 59-60p range. Once 60p gets broken it will be good times for the holders. Raising £30m at 50p has its consequences and this is it. Takes time but I’ve seen it many times before and this will continue me good.

I always think that shorter must buy a bank of shares before they open their shorts to sell into any rise to prevent momentum. Its what I would do.

"The whole RF saga will cost in the region of 40 million shares"

How did you come to that figure? I make it 4.7m including warrants.

We have committed to not further drawdowns on the facility.

I would have expected them towards the end of the month.

Honestly dont see the point in the 'free carry' mentality. Every time you buy its a buy and every time you sell its a sell. Every day is a new day and most stock change day to day. Either get in or get out and go somewhere else, dont hold 'free shares' in something you dont 100% believe in.

On every single stock holders this the new ISA allocation will make a difference to the share price.

I think its just the knowledge that financing is being sorted and its only a matter of time. I think we will see some middle east monies coming in.

I just don’t think you will get these any cheaper. Great volume going through today. Would have taken months to weed out those sellers without today’s positive update. It’s all setting the foundation for each new step up. Will be watching todays presentation with interest.

Https://m.uk.investing.com/news/stock-market-news/petrofac-share-price-short-squeeze-explained-why-did-pfc-pop-3276139?ampMode=1

I assumed this was going much lower without news. I was very wrong. 45p seems to be the key resistance (looks to me to be more like 42p) then one of the biggest short squeezes since Gamstop. Just need that financing news.

The next update could be company changing, and we’ve just come off all time lows. An amazing opportunity, I’m adding as I can without pushing up the SP too much. CEO confirmed an update is coming shortly and will cover all acreages.

If we can lift the lending facility with the increased production and drill the first 87% well then it’s a domino effect. They will pay back in 2 months at the current POO and there literally hundreds of well locations in the new acreage with up to date 3D.

Overall, most compelling was the fact that no maximum tolerated dose was achieved.

The poster also includes an overview of the best overall response, stratified by FAP status. In the 15 patients with cancer types categorised as high FAP

(based on a literature review), there were: 2 partial responses (≥30% decrease in the sum of diameters of the target lesion) of which 1 is confirmed

and 1 is unconfirmed and both are ongoing; and 3 minor responses (a 10-29% decrease), with two ongoing. Ongoing patients could potentially see

improved responses in the future. Seven patients had stable disease for ≥16 weeks. Recall that patients in this trial had been heavily pretreated (median of three prior regimens) and most patients would typically not be offered an anthracycline like doxorubicin. Hence RESPONSES WERE NOT EXPECTED”

Massive

Next results end April

I wouldn’t underestimate the importance of churning through these placing shares. The only way we are going to see 20% daily rises is to get rid of the weak holders.

Yes a lot of buying in the low 50s mean a bit of a churn but once this breaks into the 60s then it’s a race to the top. Hopefully that comes soon.

Let’s get back over a £1 please

I’d say nothing has changed? IW1 still not comercial yet, depends on EWT which we knew. For sure the field is comercial at some location if not IW1.

Hrs only saving grace arectge PIs that keep this company priced in the 10s of millions when it is clearly a loss making poorly run sack of hot air shouldn’t be valued at over £1M. He’s told around 100 bare faced lies about the mine, finances, timings, everything. You just keep giving him your money for his wages like good little sheep.

Surely there won’t be another raise!?

True but its been small trades that has pushed this down for 6 months. There has not been any volume here since this was 0.3p except for a couple of days at the end of January. No reason we cant see a recovery on small volume as well as a decline. But we will need some positive news to push us beyond the 0.3p level.