Member Info for comeonvog

I think this will be a pig to trade , most will want to have some sort of exposure come end November and once you sell it's the stress of trying to get back in lower. If oil moves even slightly higher then that aint gona happen IMO.

As i said 30 days + could mean we have a wait on our hands, no rush to buy till end of the month IMO.

bunsenburner123......."I think we see 30p+ today" And what sort of post is that. You are what is wrong with this board trying to hype a stock so you can sell your stock with absolutely no re-guard to other people who might put there trust in your posts. shameful.

bunsenburner123 Really, so where has all the money gone and why do they not post updated pictures/vidios of the progress. Take a look on google maps, the channel needs dredging .

Can you all just stop pumping this stock, it's a no go-er and uninformed punters will get impaled on this never ending scam.

Till we find out if they take up the non-binding Heads of Agreement. This could drift now so i will hang on till i invest more. GLA

No more placings, this is free funding so they can get drilling and look for further acquisitions. And another $30 million in 3 months, brilliant.

$10 million none refundable, just think if they had to come to the market to get this funding.

Double bottom or bull trap, Q4 is upon us.

The living quarters at the end of the vidio look a bit sparse . ;-)

LC is a serial liar who gains from investors believing his integrity. why is he paid to fail and where is kiwi who has been pumping here and kibo.

So they thought it would all over in June, wishful thinking.
" In this scenario, the Group would remain within its banking facilities, although some of the financial covenants would require a waiver from the lenders during the current financial year, in order to avoid being breached. Further adverse changes arising from Covid-19 would increase the challenge of complying with financial covenants and remaining within banking facilities. The Directors, as stated above, are in discussions with its lenders which, albeit at early stages, are considered as being productive." Lets hope the banks see fit to continue to lend or this could get rather sticky . IMO

It really is pathetic though , just the one contract after all this time. And as for the supposed cash in hand, what about this. "Under the terms of the loan facility the Company was to start repayment of the principal amount from June 2020 with £15.1 million of payments to be repaid in the 2 years period from 01 January 2020 to 31 December 2021." They spent over £14 million during the last financial year , i wonder how much this year.
" However, the downside scenario detailed above, indicates the existence of a material uncertainty which may cast significant doubt on the Group's ability to continue as a going concern." And we also have this......
" In preparing this analysis, the directors assumed that the lockdown effects of the Covid-19 virus would peak in India around the end of June and trading will normalise over the subsequent few months, albeit attaining substantially lower levels of revenue than budgeted, for at least the rest of the current financial year."

Well done all invested here you deserve it ,and good to see it hold the high of the day.

That would tie in with Dominic white's purchase of stock at 0.7p . Give's some sort of base i would think.

Did he not buy 220,000,000 shares at 0.7p on the 21th August.

opulentia I think this SP is our divi, 2021 could turn out rather well for those lucky to buy now. IMO

FireballXL5 How i wish this could be taken up with Panorama or infact any brodcasting company who look into scams and doggy management. Letters to local MP's might be a way forward if they totally screw us over.

Alex borrelli ....We have never been in a stronger position , so why have you done a runner with all the cash. !!!!!!!!

I still think this is top of the list for a take over. All change next month as we move into Q4 and our Nov TU we could get some wild swings.

Pub.