Member Info for British_Mike

Nobody cares mate. Most are wise to wsbn now and their tactics to draw in speculators... the RS main dome target was finally revealed to be a duster and wsbn are now struggling to build any hype these days

We had months of "investor calls" on youtube keeping sh's informed of progress... everything was apparently ticking along nicely with FID due end of Q1 with funding at asset level.

However, detailed communication with sh has dried up and we are moving towards end of Q2... hence now trading at these lower levels.

Hopefully some news on progress soon as going quiet just causes uncertainty.

FID is due Q1 and is still yet to be announced.... maybe the market getting jitters

Normally goes up on Youtube awhile after

Uncleal - That makes no sense.

If you have a company with a market cap of £1m and 1 million shares in issue it's £1/share... then they do a 10:1 consolidation the market cap is £1m with 100,000 shares in issue it's £10/share. The company is still only worth £1m. You investment is worth the same before and after consolidation. The amount of shares in issue are normally consolidated so they can dilute even further in the future - just like wsbn

I thought FID was Q1? Anyway, it's obvious FID will go ahead given offtake calibre imo. However, not expecting massive sp increase... RKH finally had FID after 15 years and the sp collapsed 20%

Love it - our oil/gas adventure starts off from a shed in the middle of a desert! :-)

Lol, someone buy's £5k's worth including fees and you're calling that "confident" :-D

Arn't most of Europes nuclear missile response relying on USA say so as they are USA supplied. Not the U.K though as ours are independent making us a bigger Russian target now

Let's hope so - considering a month of decent gains in sp all wiped out this week

Was on Radio 4 news report about 30 mins ago

No, using AlK as an example of where two companies run by the same person are at different levels of their journey. PRE want to attract IIs and ALK retail.

Valii appeared annoyed that PRE gave M&G some cheap shares... why wouldn't they if they favour II investment moving forward.

Oh and M&G "back in" as in they sold "some" shares awhile back when PRE was over £1. Then below £1 me and some others commented M&G had not bought their previously over-weighted share holding reduction back when PRE dropped back down in value. Now they have brought back in hence "back in" lol

Valii - How many times has this been covered. PA publicly stated in interviews that PRE wants to transfer stock from retail to II as the project progresses... hence the lack of interviews these days.

On the other hand, his other company ALK has regular update interviews as that company currently relies on retail investors

Indeed good M&G back in - a vote of confidence

Here comes the pump before placing

I go in two different Card Factory shops to purchase Christmas cards.

Common choices:

Partner - 2 to pick from

Uncle - 2 to pick from

Cousin - 1 to pick from

But then

Wife - about 12 to pick from taking over most of the shelf.

No wonder CF going down the pan

Good post Casper. Respect for making your balanced view given the circumstances.

It's ok for traders (when it suits) and others such as Manifesro telling lth's to get out... all well and good but not if we are 85% down on our investments. We lth's all know the bod are liers abd lining their own pockets. All us lth's have in our situation with wsbn is hope in this dure situation. Take the mick, but if it wasn't for us lth's investing in the early days there would be no assays to wait for.... hope is all we have that our early risk in RS one day pays off.

Dividends at a 20% yield :-)

The sp will just drift lower until the stalemate is broken.

We drilled 3 wells for commercial production and years on we are not in production.

Lth's are losing faith as calling bluff on production has started. Zphr talk of producing from the wells in what should be a simple onshore oil/gas hook up to the main pipeline in the safest country on earth. Getting us into production shoild be a simple rapid process under the circumstances. Dread to think how long this would take if zphr were trying to start up a rare earths mine!

If CH had no intention of producing from the paradox then it's back fired hoping a major was going to snap zphr up for a premium. Now the bluff of producing is called everything has stalled. Like a mental block... zphr doesn't know what to do as they was hoping to have been bought out by this stage. Instead, zphr (non oil bod) are left trying to work out how to get us into production.

All the non-ops are straight forward deals... yet we can't get ourselves into production.

The data room has been open for months yet production is no closer. Use paperwork to buy time yet the calling bluff is knocking at the door again and the sp slides further - yet the stalemate continues.

Papa is right that we are getting closer to crunch time where the truth is going to come out soon enough as zphr can't carry on like this.

I can't wsit for Caspers positive spin on this one! More wsbn dog cartooons building a road lol