Member Info for Crocqman

"20 Billion shareholders to satisfy"
More shareholders than shares!
lol

I hope DB is not bargain hunting.
his raise, together with existing cash needs to go on existing projects only.
This is not the time for further speculation, it is a time to deliver on the projects we have and start generating cash.
Don't think the investors will forgive further forays into the unknown, especially with the 2 last leaky placements.
Trust in the bod and sentiment need to be restored for many.
All imo

All UK markets down today. All major European and Asian markets also down.
Current SP here not indicative of the business/sector, just a general outlook for world markets as a whole (imo).
The U.S. open will perhaps be an indicator of how this will end up today..
Still more legs here for me, though

Thanks ocelot.
Oh, and next week we should see an RNS on the latest Riverfort loan facility instalment (only 2 more to go, and full repayment in cash looking likely).

ShanJo,
The consolidation question comes up a lot here.
Can't see it myself, and there seems no real benefit in considering this course of action.
My preference has, and always will be, a share buy-back, but this requires revenue (a lot) and will be a long way off too, even if Turkey is a success in the short term (revenue will be used elsewhere).
Sadly, for investors, a raise does seem inevitable too, but in what form, how much and when?
With silent Steve, the next move here is anyone's guess.
gla

tbf, the placing price is better than last time, and not bad considering where this has dropped to. It could have been a lot lower, and the support at that level is encouraging.
Still not the best few weeks, all considered, but at least any uncertainty is now out of the way.
Let's hope the particiapnts do not hold any SP rise on activity back by taking profits early.
gla

Timings taken from ocelots post from a few weeks back (from official sources)

These timings represent best estimates.

Deliverable Status Start Date End Date
Land/Leasing/Wayleaves Near Completion 01/05/2020 31/08/2020
Tendering and Procurement Near Completion 04/05/2020 31/08/2020
Pre Construction In progress 30/06/2020 04/09/2020
Satisfaction of Planning In progress 10/08/2020 07/09/2020
Conditions
Construction: HD Drilling Imminent 07/09/2020 19/10/2020
and Trenching

Potential update in Lidsey too, plus elsewhere?
May have missed some news as have been away, but plenty of activity expected and optimisn for news in the coming weeks.
Still see any potential rerate around November/December, but with some rises/dips as news/sentiment lands. Schedule, of course, subject to slippage as with any project.
gla

Just sweeping genral statements from yellow now.
"everyone is selling" - No they are not and the evidence is clear to see from everyone from daily volumes.
"the price is going down every day" - No it is not and the evidence is clear to see from the daily SP movements.
"nobody believes what is said by AB any more" - really, nobody? The daily messages here suggest otherwise, although most would agree communication could be better (the same can be said on most AIM shares though).
"nobody wants to hold the stock long term anymore" - now a mind reader. Again, the daily volumes suggest otherwise.

All in my opinion, of course though.

yellow1 now filtered. Clear agenda to disrupt, wind-up and antagonise. Resorting to sweeping generalisations, or events from 2 years ago to try and make a point is just desperate.
gla

Why the obsession on all AIM boards about shorters and shorts closing?
There really is little to no evidence to substantiate, only age-old anecdotes and a 5 year old article that everyone uses to suggest shorting is rife. Mysitifying

Also, as explained yesterday, any TR1 holder selling may be due to internal holding restrictions due to the recent SP rises, and having to stay in compliance with mandate requirements. A large seller does not necessarily equate to no faith/conviction here.

Another good day here, gla

I see they have their priorities right, space for 2 adults and 3 beer crates!

Great point, reaction.
I think a lot of people forget about the gas.
Not an ideal last few weeks, news (leak) and SP wise, but looking forward

Daz,
There will always be an element of hypocrisy within people's individual choices (e.g. XR protestors driving to their protests) and most will always use extreme example to make their point.
Whilst individuals can and should make their own choices, as well as make their voices heard, it is ultimately governments and big business that are needed to drive any real changes.
Perhaps not a discussion point for here though as any connection to AFC is tenuous at best

BOD investment (personal buying vs options) is a common thread on most AIM stocks.
I always used to be pro 'skin in the game', but many would always point to examples one way or the other to somehow prove that it makes no real difference (usually depending on their particular stance, of course), and any rational conversation became pointless. Some argue that holding options does mean they are invested, which I disagree with.
"Look at share X, bod fully invested and still the SP still crashed"

One small point though where it definitely is an advantage, is that many Small Cap and AIM Fund Managers will only invest in a stock if management are aligned with shareholders via actual purchases in the market, so we could potentially be missing out on II/Fund investment that could help underpin the SP and encourage other new investors.

If someone's 'loafing' up, they must have plenty of dough
:-)

Disappointing to see the SP at these levels, but thought I had missed out the last time this went sub-0.20
Have added some more today at 0.185
Encouraged by the governmental approach and investment announced in France and Germany, and can see opportuities here from that and from any similar stance taken by Boris and co
gla

Never a bad time to take some profits.
Sold 25% of my holding at a 50% profit today, purely for an opportunity to buy a dip elsewhere.
Still positive for further gains here and holding the balance for the long term
gla

They may have been selling purely due to the SP increase here making their holding too high a % to comply with their internal holding requirements.
Doesn't necessarily mean they are not still positive here, just prudent portfolio management from them and allows them to invest profits elsewhere

How would that teach them, or anyone a lesson though?
If they sold in the high 20's, they can still buy back in the high teens.
Still winning. It is the LTH's that appear to have been mugged twice in a year that lose, as always.
Still holding on the fundamentals. Disappointed with the events of the past week or so, but plenty of activity expected in the next few months.
My expectations (SP) and trust here are lower, sadly

yellowf,
You keep posting "If this companies future is so bright why does everyone sell their shares?"
The ADV of this share over this past 3 months is circa 2m, less than 0.3% of the total shares in issue.
And that covers buys and sells.
Hardly a case of "everyone selling", but you know that already.
And your long-standing 11p target has now become a single figure target? ok

PP,
"Remember the old classic above £50m MC means GDR hits some funds / II investable guidelines now.."
This is a very good point, often overlooked with AIM shares and investment critieria for funds/II's.
Not only will the mcap trigger some potential investment from some bigger hitters, but it will also allow some existing holders to potentially increase their weightings too.
Good news for all.