Member Info for crl123

Measured and solid. As expected.

Looks like nobody wanted to actually put their money where their mouth is ( so to speak). Only one moderate purchase.

Yes I would second that. My thoughts were around a 50-100% mark-up minimum for warrants. You know more about them than I do. But market behaviour suggests that may be a fair low-ball level. Atm I just see this as a sit’n wait ( s/p goes up or marginallly down) or buy’n sit.

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Looking forward to asset news soon and audited FY results in 2-4 weeks. Q1 update seems likely. Debt reduction is well on tge cards. Sit back and wait?

I am an expert in many things. And a novice in far more. Warrants are one. But firstly I was sure ot was one warrant fr every 2 shares. This dilutes the warrants if so and indirectly makes shares more valuable to hold than the prospect of warrants. Secondly ...I don’t feel SIC would arrange this if they felt a sell-off would be likely ( I hypothesize). Thirdly...one must IMO be wary of chat-board decisions. If thinking of buying more...that is fine. Perhaps a good decision. But omly a week ago this chat-board was in sell-off mode. He who hesitates is lost..but fools rush in where wise men fear to tread.A very personal decision to average down and perhaps the right one. I would say think hard and accept the risks involved. I know from experience. I lost a true true fortune from averaging down into a nasty and amoral pre-planned rights issue(Petropavlovsk). I spit on the ground. I regained from averaging down at peanut-prices in another company when others ( inc L and G!!) were selling . I trusted the BOD because they deserved it but by G** it was touch and go. I have been a pauper. And learned far by losing it than making it. So......there are no dead certs in the stock market..just “ more likelies”. This may be rock-bottom or may sink to 0.22. Averaging down now seems as good a time as any I would think ....but don’t anyone complaim if it goes down further if you do. Why did I post this?? Just to encourage a good hard think!!!! It may be a brilliant decision ...but be willing to embrace either direction for the share price. Hope this is helpful and not subversive. Over and out

Re. earlier message....well.....I usually walk with your logic and info..but by heck I am entitled to complain about morality! It's what makes this world worth existing in as far as I'm concerned. Re.your comments re. the practical mechanics of the company re, FEED and grants etc......sure I agree.

FWIW as a reasonably large holder I do not agree that Placees are likely to dump at 0.24 or 0.25. Sure...one or two maybe. But IMO the profit margin is probably not attractive enough. Each Placee has their own agenda. Some may sell at 0.28/ some at 0.30/ some may hold for a year or more to wait it out. I don’t see a “ rush dump” although I can’t be sure. More sensible to bottom drawer this as FEED is initiated and EU grant possibly forthcoming. I am filled with doubt of course as I have seen my investment reduced by 2/3 in value. But this will either wilt and disappear at shareholders’ full expense or it will “ multibag”. I hate that expression.It is like “ shareholder value”....It is abused. I however am heartened by faith in SIC and I agree with Presto that Placees unlikely to jump quite yet.I don’t feel the warrants are attractive enough at 0.48p either. Too many shares afloat now. But I may be proven wrong. We’ll see. Infa has however made the very serious moral error of alienating loyal shareholders by 3 amorphous Placings and nil communication. No excuse for that. This is still very much a ideological “play” with lots of different takes. Your timely appearance is interesting Presto. Welcome of course. But we don’t get many new actors ....especially with positive and seemingly sensible takes. A lot of LTH’s have lost much and deserve to have been treated better. I wait with an open mind. But I agree that Placees are unlikely to deposit yet.

Yes...I know of one of us in first Placing.I was agreeing that 3p target was good to hear but just reminding ourselves of many other things that were good to hear at the time. Some news is good news in this case of course. One must tread on rice paper in the stock market and filter intelligently and diligently. I write with cauterised fingers. I very much appreciatee your comments Presto.You do not seem to be a ramper or poster with a distorted agenda. I am sad that this info was not given to us loyal supporters from the coup . That makes me cynical. But I applaud your input. Please continue.

I believe all but one of us here were not included in any Placings either. Re. 3p. Is not bad news. Is not necessarily pie in sky. But it’s projected. It depends on many variables. As with any promises I would take it as only that. Te. SIC I have no reason to doibt their professionalism.

Appreciate your intervention and info. Thanks.

You are both valid in your approaches. We have a right to be disappointed and IMO very very cautious. i have been ripped off as a mug before. it is endemic to the stock market (and the world).Do you believe what Russia is saying about the Syrian incident? I share Setanta's cynicism and tag onto Mccadder's hope. I do however feel that this would not happen if AP and crew would communicate as originally and repetitively promised.Optimists or pessimists...apart from the last RNS and 3rd surprise Placing....we are all continuously in the dark and not communicated with. i -like you two- am sittting on a stupid loss and don't have a clue what is really going on from day to day.

Well said. The road to Hell is paved with good intentions. We had many last July. We need communication. It has been utterly abysmal. I came on board at over 1p.Look at the price now. Whatever is going on we need to be kept informed ............it's just not good enough even if the project is underway. We were promised communication from the beginning. Nope. We NEVER hear anything. The RNS had details of progress to date. I was rightly corrected on that.But not enough detail. And when the heck are we likely to hear he next thing. Communication is abysmal...whatever the reality !!! Trin was under a formal sales process and was not permitted to speak to you unchaperoned...or to give details of progress. But I got far more information in the stage of the FSP than since july here. Yes it's another whinge. But I feel a justified one. COMMUNICATION with shareholders. Via RNS/Chatboard/Media/website /carrier pigeon. McC you hold firm. And progress has been made (at a cost to us !!) But you deserve better.

Tested again.Bit of selling at end of day.Needs to consolidate and break 20.WTI firm at $67 in spite of high inventory.I suspect abnormal and very cold snap in US last 2 weeks will reverse that.Driving season in 6 weeks.Lots of mixed messages re. supply/demand H2 2018. Some analysts predicting WTI in fifties and some in seventies.we'll see. Trin should have made Q1 BIR/MEEI payment 2 weeks ago. Not sure how much left but is very manageable. CLN's IMO payable Q3 especially if onshoe asset sold (mustn't forget this). This share should be well above 25p already and will play catch up at some unsuspecting stage. Still a strong buy .

The problem is that communication is so absent.i would suggest you email (or phone) the company as you have suggested.. PR is the only way in AIM.it's not about reality...it's about volume of buyers.

$67.2. come on you blues (the share-price colour)

I'm 3,784 metres high with UA.( United airlines not unadultarated amphets)..I'm not that high.WTI = $66 and rising. world tensions on the brink. Buy -time..

Strong buy! If you haven't already !! Time for reality to materialise.

Thanks for your sentiments elsewhere !! Ye si it was down to faith in integrity and honesty. And people who genuinely care. That's why I stayed invested. It was in true faith in those who deserve it.Buying when others were selling was cripplingly hard. It ruined my health for 2-3 years and I am still working to regain equilibrium.i genuinely appreciate your wishes. We are in the same boat here. We are in Adrian's hands but also in the hands of other paid professional advisors. I see this as a good thing as well as the presence of L and G.. I do believe Adrian wants this to succeed. I do not agree with the way in which it has been done though.I am on a totally massive loss here like you.We must wait. Waiting is the magic. Trusting those who are trustworthy and not those who are not...perhaps the hardest part of all...even in life outside.A certain gentleman called Warren propounded it as his own brand of share magic. albeit Tesco flop !! AIM is not Mr. Buffet's milieu.....but this is just a waiting game now. i am as frustrated as you probably are.Thank you for the message.Go well yourself.

Adrian. Director. Email is on website. He probably reads this anyway.