Member Info for cal2105

Maybe the money was desperately needed but who puts 0.5 million euro of unsecured, interest free money into a company without knowing something positive will happen in the very near future to get that money back. If it was so bad you would find a way for a better deal. Next 4-8weeks are likely to be interesting imo.

No they are back ... try refreshing page. Still talking COVID

Well ... I don't think you can be much clearer than that. Everything paid for 2020 ops and 6million in the bank free to use for acquisitions if they come about. Very good RNS imo

Surely he bought 20mil for £50k (which the company has received) but they are worth close to £70K now?

More than likely lawyers delaying than anything else. Even if all details are agreed once the lawyers get involved they will have weeks of back and forth on various clauses in the JDA. Nothing any of the parties can do other than wait for the various lawyers to find agreement to the clauses. It will come ... patience

Well done Taff. Looking forward to the Wales/Ireland match on super Sat.! (From an Irishman)

Zoom ... I think the buy sell and unknown numbers are the total combined for the day. Think they are trying to make a point there was no need for such a delayed trade. Who knows what the reason but pretty sure there was only a 650k delayed trade

And tweet is now deleted ...

Strongman .. I dont think they have sold 13m shares ... this RNS was for Miton UK Microcap only. The RNS on 11/12 was for Miton Group which included Miton Microcap (6.06%) + CF Miton UK (7.07%). Thats my take anyway ... I think we will get a RNS on CF Miton % reducing due to increased share capital also.

Director options of 20p only kick in when there is oil flowing as far as I understand from RNS. 1/3 @ 1000 bopd, 1/3 @ 2500 bopd, and 1/3 @ 5000 bopd. Got to be confident of flowing oil when that is put in as a requirement.

Just shows... as bad as LSE is ... it's not that bad. Honestly, both sides there are a disgrace.

No direct correlation however it is nice to see a rising gold price ... as thats what OMI are in the business of mining. When drilling happens and the NI 43-101 report comes out, a higher average gold price will also benefit the value of the resource and in a period with a lack of news theres no harm in talking about the price of gold and onward forecasts IMO

Mr P ... you seem to like articles about gold buying /... thought this would suit you ... certainly cant hurt the price of gold :) https://tinyurl.com/y97jgkrp

Believe 4 months & 1 day would be Jan 12th? But surely this statement was just a formality due to Canadian Securities Regulations? Why would you do a deal and then sell your shares? Doesnt make sense to me but then WTFDIK ... Guess we'll know in the new year

Mr P .... did you read Aegos post last night about the size of the Anza area? Thought it was very interesting and you would have had something to say?

You're right .. they do have legal obligations on price sensitive info ... but if they are still testing the well with no new info on whether there is or is not oil or that they need further testing before being confident to release info to market is the movement of the rig price sensitive to the SL-1 drill? I've seen companies release info as soon as reaching TD but also seen them analyse info for weeks with experts before releasing any info on the drill .. neither I think warrant the belief one or the other means an oil find.

Mikerock For SL-1 the rig was 35% up and 2 weeks before spud before we got similar notice. Companies don't work to investors need for information .. an update will come when they need to inform the market or want to inform the market. Investors need patience until then.

It was an error. 1 x 674k buy that was then canceled as someone had fat fingers and added an extra digit. The next trade is 67k which is the correct amount

Read an interesting article that said if Trump relaxes sanctions for North Korea for little movement on their nuclear plans then it means his strength is eroded for being tough on Iran. The result of this meeting on Tuesday could be very interesting for WSG even though there is no direct involvement.

The US can stop all USD payments made to a company not compliant and that would include the business in Sierra Leone and any other business quoted in USD. It would be best for WSG to be exempt from the sanctions specifically but I guess that depends on the politicians and who the client is in Iran. HMG is very pro developing Iran but the banks are the ones who are scared to handle any transactions for fear of fines from the US even before Trump pulled out of the agreement. Its a difficult scenario to work in hence why the 2 year period but I agree with the posts that they should have options in place for this turn of events.