Member Info for Bridgedogg1

Looking at 2021 they were cash flow positive. 2022 figures have improved. Not sure where you are getting your cash burn figures from?

Yes I meant revenue, not profit.

Agreed staff. I wonder if we are working on a full rebuttal? Without which they may struggle to make much headway.

Good luck. I was tempted to get in yesterday but looking at the historic charts there’s usually 2 or 3 very bad days before a very strong rebound.
If it’s Alex Nichiporchik or the Chinese selling then where are the TR1s. Obviously don’t care about the London market rules to maintain an orderly market post IPO.

Is the income after the hedge covering costs?

MMs little smash and grab fir those last few weak holders.

Spoke too soon?
That’s a big drop on those sells. There’s no clue as to whether the next few will be £200k. This is all very uncertain. Who is selling and why? Half a billion valuation now going under £100m. Profits are seemingly increasing but the cost to get them are also rising significantly.

Will the chunky buys continue? Once we get those TR1s this should rocket.

How do you auction after a load of selling and no one is buying? Back to 50p sells tomorrow maybe? Glad I didn’t jump in, looks very undervalued but these trades don’t make sense unless it’s a distressed seller or something more worrying.

Milton are out or almost out. We should get something tomorrow confirming they are below reportable threshold. Someone else is buying strongly which is interesting. Not ruling out a buyout but it comes with a big bond and a lot of uncertainty. However that uncertainty is low risk, if we can build production steadily from here, which I think is likely then back to teens in no time. First we need confirmation of the new capex strategy which should settle some nerves. Blythe is a no brainer imo, quick returns, very low risk. Then back to the prize at A1.

The only problem I can see with this one is that the Share Price is always falling rapidly.

Could there be an accounting irregularity?

Have you seen the trades? Probably not as today you have already knocked VAST, 88E, Deltic and RENE. In fact you only seem to be invested in BP, though you only got in after the recent spike? What a mug.
Many many buys in the £10ks, £20ks, £100k+, nice round numbers, one after the other. That's no PI buying. If this continues tomorrow I expect we will see an increase holding RNS before the end of the week, as well as Milton out confirmation tomorrow.

"After the announcement on 5 October 2022 of the Group's Fundraise, Bidstack received an email from Azerion requesting certain information and reserving its rights under the Azerion agreement.

Given the nature of the Group's strong ongoing commercial relationship with Azerion and the extensive work taking place on the ground to ensure the success of the partnership by both Azerion and Bidstack, the Directors were surprised to receive this email. At a commercial level, the Group's arrangements with Azerion continue to be operated on a 'business as usual' basis by both parties, with October already the highest grossing month to date and with November and December anticipated to grow further month on month. Bidstack has responded with detailed information demonstrating the Group's compliance with all areas identified. Bidstack has taken appropriate external legal advice and has concluded that Azerion has no present entitlement to end its agreement with the Group."

Its a shame the 'business as usual' didnt include them actually paying their invoices. Seems like something that should have been disclosed before now.

I think we will hover around here until close or just before. Milton are looking to offload and still have around £300k to go I reckon. Great buying coming in at the same time which is soaking up their sells, getting ready for the big pop.

GROC share price hasnt reacted at all, very strange.

Looks to me like they've dumped £500k today so far, in which case only £500k to go. Yes could easily be done today. Large UT at the close maybe. Then tomorrow we are boom time, well, atleast a slight recovery boom in anycase

followed by a load of sells.... moving back up now. Milton doesn't seem to be selling any more at the moment.

Trying to work out what the share price downside could be in the event of no sidetrack for whatever reason? SP is fairly low already and production is stready, how much expectation is built in I wonder?

The land access issue has been going on for 3 years now.... what a nightmare