Member Info for Charlie1984

The fact the Nigerian government has been sat on its hand and In turn not being issuing licences for exploration has seen large reserves not tapped.

Now with the World wide shift to GREEN energy movement the Nigerian government need to act quickly to benefit from investment to recover its reserves before it’s too late.

My guessing is they will be processing as manny as possible. These are untapped reserves that need to be explored why viable or risk not being explored which means the government missing out on potential revenue.

No worries here just keep adding on the lows.

Just PIs trading the lows and highs why we wait which is fluctuating the SP up and down - GLA

Already gone forward sold from the lows as soon as they were RNSed they would have been getting sold imo.
Go back for the last several days and see all the round large trades

More than likely all forward sold will top up more today ........ GLA

The usual miss conception and negative posts to spook PIs into selling

A MC is based on the value of a company
If you have a MC of £1 and the number of shares in issue are 10 you have a share price of 10p
If you issued warrants of 10 shares you would still have a MC of £1 but the share price would be 5p

There is rules to this, iff the warrens are issued into news the shares in issue go up and the SP retains the value.

However, if 94m warrants are issued at 3p taking us from 188m to 282m and the MC tanks (bad news/results) the SP gets a double whammy

The problem as usual is the traders working together posters positive then quiet to let their pals in to post negatively to plant a seed of doubt. They just playing this share why it’s quiet to make their 15-20% gains rinse and repeat.

Once they get their entry level they will be back on here posting positively again ...

Hold and just ignore the ignorance- GLA

Excellent ride just sat back and been watching my other shares so finally nice to see movement and wake up to a number of RNS notifications.

Anyone keeping track of how many warrants we have left ?
Was it 91m minus today’s so slowest ticking down and thankfully having no impact on the SP bar a positive one - GLA

This share has a crazy low MC, look at all the other players out there. One C-19 player up over 10,000% since January things can flip quickly here. SP at its bottom now and will move quick on the first sign of news / updates.
As for positioning of SP within its 12 month trading range you can not disagree that the current SP position de-risks PIs entry point substantially.
IMO its all upside from this position and my reasoning for investing at the current levels - GLA

Big buy out of hours 1,035,800

Struggling to buy managed to get in at best price following the money @ 3.35

Maybe layout the questions you would direct at the company if given the opportunity.
Then I would answer them with the information made available to me.
I find it draws the answers to the surface your looking for, not everything that appears to be straight forward is.
Location, economy and entry point into life cycle !
Try it you will see why a lot of LTH hold and continue to load up .....,,, GLA

Mid 20s you mean Mid 30s

Google got us opening at 0.3p up 7.34% looking like a strong opening and start to the day
With the would want to be out of this over the weekend gang can we get into that 0.35-0.4 range today folks ?

Holstb- did you put a buy order in at a set price for your £10k or just buy at best.
Just trying to see if MM walked it down to fill your order or they are just manipulating / tree shaking to creat me a market why we wait. SP only down little over 3% on google not the 11.11% quoted on LSE.
£50k @ 0.3p for the director recently - follow the money and those positioned well enough to see over the hill as they know what’s coming - GLA

Maybe the accounts and saying Zulu EPO is still only waiting on a signature is another way of putting it out there in the public domaine without ruffling to many feathers in the government office.

Surely if they are looking for outside investment they don’t want potential investors seeing still waiting for this that and the other in the public eye.

Wait continues, everyday is a day closer, that’s one thing that I am sure of - GLA

MM make a market with or without news, their money is made on buying and selling not waiting on news.
Be interesting to see or hear if that £10k buy was an order and the MM dropped the SP to get the sells to fill it.
Tree shaking, rinse and repeat, creating a market call it what you want but by increasing or decreasing the spread can falsely show trades to entice PIs to sell for MM gain.
Best sit tight and hold SP not going to drop if PIs are not selling they will increase the SP to get the profit takers out so entice both ways just need to know when your getting played. News can drop anytime on licence extension so I’m holding but others have a different agenda - GLA

Guys I am trying to gauge when the previous 2 extension have been granted.

We are told that if extension WAS NOT to be granted then the government needs to issue 60 days notice prior to the 30/09 (yesterday) this wan not received.

The previous extension have been granted after the date they were intended.

How many days after are we looking at 1 week 2 weeks just trying to gauge a estimated tine for RNS to land maybe take an average day on the extensions +- 3 days we could be somewhere close

Is a good day .......... means regardless of the increase we are heading in the correct direction - GLA

Post 08:24 Tuesday Richy got from a RNS

Still a lot of regurgitation of know information .......................
Tings are looking good here just cannt help wondering how much the 97m warrants at 2p will hold the SP back that is nearly 50% of all shares currently in issue.

Anyways hold for gold expecting 8-10 weeks for first results to be hitting the market any time before is a bonus

......................