Member Info for Crocqman

10p may be cheap for the SP as a price, but that represents a mcap of 700m.
Would that really be justified currently?
Posters seem to often look at a target SP without considering what that would make the mcap (especially when comparing previous highs, or other stocks).
Would love an SP that high, of course, but can the figures support anything close to that level currently?
gla

Thanks for your reply HITS.
I would say that from an RNS persepctive, the CPR should be seen to be a positive, if not just for the fact that one is expected (regardless of what the detail is aas everyone will have a different take). This did see a large SP rise on release, so was certainly seen as a plus by the market (although like with most news this year, the SP did drop back, although this was, I think, due to the wider covid drop seen everywhere).
Also, the off-take agreement must be positive news too, having an agreement in place early, although we do not know the full terms.
Potential investors would be looking for these when researching the company and would offer some degree of comfort (imo).
The SP has been pretty steady within a 0.60 to 0.80 range for most of the year, which I don't think has been too bad, given what has been achieved (which admittedly is less than anticipated, but progress nonetheless).
The funding question aside, for which we should hopefully get confirmation soon to dissect, I feel that ANGS are in a much better shape than at this time last year.
The timing and delivery of SF will be what results in any rerate though (something I previously thought may happen this month.

Don't forget only a half-day of trading tomorrow.
I would not expect any news. I know they have to release as soon as possible, but I see tomorrow as a fairly thin day volume wise, and expect a fairly static SP.
We'll see!
gla

Whilst I am mostly downbeat on ukog prospects, based on historical evidence rather than future projections (I will be selling in the next 5 weeks without significant news), I do not see Turkey as the 'last chance saloon'.
Sadly, the lack of progeess/delivery on the proposed objectives at HH (from Jan 2019 RNS) has been hugely disappointing.
IOW will take years regardless of what some may say.
Loxley will be a year away, at best too imo.
It is clear to me (and the objective few, all trolls, apparently) that more funding will be needed, and I can honestly see 2 raises within the next 6 months as things stand.
The faithfull were predicting an income stream from Turkey by year end when it was first announced. How long in reality?
O&G can be slow, but it is glacial with ukog, even with all the regulatory hurdles.
The lack of comms (and clarity when they do RNS) continues.
Just trying to be realistic given the past 2.5 years activity here. My patience is close to running out.
I'll join Mirasol as one of the 'Grinch gang', but he is the same on every board, whereas I am at least positive and hopeful elsewhere.
I previously mooted Tymers as a new ceo candidate to replace SS. I do fear that if that were to happen though, there would be a need for an immediate placing just to cover the cost of all the weekly RNS' for his Director dealing top-ups.
gla

And seasons greetings to you too, hits.
I get your sceptical position, it is all about delivery afterall, nothing less.

I do not recall you commenting on the new TR1 holder yesterday - straight to a 5% plus position - or the GL inerview yesterday (I thought it was honest and open and not just a pre-arranged 'love-in').
Your take on these wold be interesting to hear, surely something positive to take from them rather than the usual doom and gloom?
And the latest tewwts back up the progress at SF.
Cause for more optimism than that which quickly turned back in 2018?

TJ,
You were not right last time. You boldly predicted an RNS to come 'this Thursday' on several occasions during that week and there was no sign of anything. Yes, there was an RNS about ABB the following Wednesday, but you went silent after the intial failure, so you were not correct.
You also predicted on Monday that we would be heading into the 60's 'this morning', before making our way up to the 70/80 level.
As another poster mentioned, you are also opening yourself up to potential claims of market abuse and insider dealing.

I think the current SP dip currently is just a typical reaction to my entry into a share :-)
A bit of FOMO for me having missed 1.55 yesterday and wanting to get in quick first thing incase 2p was breached, despite knowing there was likely to be a dip either today or in the short session tomorrow without news.
A small holding to start anyway, and I'm not into trading, so looking at a 1 year plus horizon.
Never good to obsess about intra-day moves anyway, and I will be adding here, whether it be at the current level, lower or higher over the coming weeks.
gla

Hollybean,
I am more than happy for you to 'have your day' at 0.146p.
if you really think that is something to rejoice, and that others should now be eating humble pie, then you must have quie low expectations here.
The 'knockers' you like to talk about will mostly be invested at many higher multiples than this level though.
Although I take full responsibility for my decision to remain here (in the hope that SS does have some kind of plan), I would much rather be 'having my day' at around 0.50p (when I will 'only' be 60% down).
Good luck to you , and to all holders

Paulio,
Which 'short holders, about to get burnt bigtime' will those be then?
In over 3 years here, no one has ever been able to show any evidence that there is a suitable tradeable instrument to place a short on ukog, or advise of any broker willing to accept a short trade from any PI holder.
In the same time, only 1 person has ever advised that they were able to place a down spread bet (not the same a thing).
The FCA register of short holdings has never show an open short on ukog during this timeframe either (albeit, there is a 1% threshold).

I would love to see some evidence to prove any PI is shorting this, and that they could possibly 'get burnt'.
This phrase was used almost daily from the beginning of 2018, mostly by the biggest rampers on here, and for almost 2 years solid, despite the SP falling pretty much every day and little to suggest this trend would change.

Every day is a learning day, after all, so I look forward to being shown to be wrong in my assumption that no one is shorting here (certainly not any PI's)

Took me a while today, but have initiated a position here at 2p, half in ISA, and half in a separate share account.
I was in the middle of placing these orders yesterday morning at 1.55p when my neighbour came knocking with a family emergency. I missed completing the orders and the rest of the trading day.
I hope the bottle of wine is worth it!

With news flow seemingly imminent, will sit tight and see how the market reacts before looking to make any further additions and do some further reading up here.
This board seems pretty decent from what I have seen/read over the past few days.
Good luck to all holders

Have been out most of the day, so the interview, TR1 and the SF tweet have been a pleasant surprise (also the SP rise!).
I thought it was an honest interview from GL, acknowledging a few disappointments as well as highlighting the positives and some extra info too on carbon capture venture, etc.
Certainly not the sanitised pre-agreed Q&A session we supposedly only see.
The TR1 holder shows additional confidence here, and this should help to support the SP.
Will not get carried away too much as we have seen a re-trace with every big gain so far this year (especially on the SF CPR), and we are still a way off highs seen back then.
A good day though, and a positive one for investors.
Crfedit to GL for giving this interview. Perhaps the timing is no coincidnce with this new major holder, they may want more visibility from the bod given their investment?

It makes up a little for my decision to hold off from buying PHE yesterday morning at 4p (currently 7.8p). Ouch
gla

Agree,
I had a Buy order at 4.3p yesterday morning, but held off to see if it would dip as I was hoping for a 4p entry.
Won't be jumping n a moving train, so will watch and wait to see where this settles (if it does!).
At least I have the rises at AFC to soften the blow.

Given the volumes here since Thursday, wouldn't be surprised to see a TR1 coming, certainly seems like there must be some news behind this rise.
gla

Not the same yellow that was predicting 11p over on AFC for months on end, only to revise it down to 9p when it was mid-teens?
I filtered him as soon as I invested over there.
He has miraculously changed his view on there in the past couple of weeks by all accounts. Now very positive.
Odd that.

The good day continues here for you guys. It looks like the SP paused for breath at midday, before heading North again.
gla

A good day here. Good luck to holders.
I missed my 4p entry at the open due to dithering and wanting to see how the markets in general settled early on, before placing an order. I then watched it move steadily up and up!
I have been stung before jumping in on a stock that has risen so quickly over a short time, especially at historic highs, so taking a step back to do some more research. If that means entry at a higher price later on, so be it.
WIll continue to keep an eye on the board as there are some useful commenters here.
gla

Pa11ma11,
Disagree that it is moot whether the GDR test can handle the mutations.
I would suggest this would be significant news, regardless of whether this new strain is prevalent in GDR's target markets.
I would much rather a test that can, rather one that can't (or don't know).
I agree with haha's last point in his previous post, and I would expect a market comment from GDR
gla

My BP dividend also arrived on Friday (I thought pay date was Thursday, but the 7/12 RNS says 18/12), but my Shell dividend due on 16/12 not yet received (but showing as pending for tomorrow).
Something to do with the cents to pence conversion, perhaps.

Supermarioo,
Sadly, I think you are wrong.
The French billionaires sold out at the highs of more than 3 years ago.
As for the remainder, these are not reportable fund positions, but total custodian holdings (e.g. the accumulation of PI holdings).
Someone else can confirm, but I am not sure there are any TR1 holders worth getting excited about.
More research needed, I think

Yes, some very useful info here, which I am sure many may not have known (with regard to AIM shares specifically).
The AIM pecularities can often lead to conflicting advice/information being given, so it is always good for this to be shared.
Quite relevant at this juncture, imo, despite not strictly on-topic
Tks to all

Thanks all for your replies to my earlier Q, and also the info on the other ongoing thread today.
All very helpful
gla

Morning all,
PHE has been recommended on several other boards for a few months now, and I am loooking at moving profits elswhere into here over the coming weeks.
Just curious, there seems to have been a lot of Director change RNS in the past 5 months alone (9), some NED's admittedly, but this does seem to be quite a large number of changes in a short space of time.
Is this more a reactionary move to events (e.g. Director's standing down), or pro-active action to gear the company up for the future plans
I will 'dyor', but it would be useful to get a take from people who have been here a while.
Tks in advance