Member Info for Crocqman

Vii,

I have said the same for a while when it comes to UK. I wrote anything 'UK' off a long time back, so the news is not a surprise and the SP hit is expected as well as disappointing.

Much more interested in Europe where they can benefit from EU grants/subsidies and although we have seen slow progress, progress is tangible if not ideal.

And NorthFork too. This is the big one for me. We need some news here which could be a big catalyst just in this state alone.

I get the dejection from many here, but there is a lot of mitigation with outside factors affecting a lot of sectors, as well as onus on the board to communicate and deliver. Despite my heavy paper losses, I still have not seen material news to change my 'hold' view, but will give EQT a serious review at year end on delivery vs expectation, especially as I considered 2022 as my year for EQT to deliver and this clearly did not materialise.

Having said that, the bod do need to review the time, effort and money spent on this project. They suggest they have moved on, strategy wise, but this is not good enough and there should be some accountability, especially given the massive loss of trust and sentiment this news will bring - it was not that high for many prior to this, to be fair.

gla

Thanks both for your replies.

Good to know.

I have always seen this as long term, so do not follow too closely.

Agree, the cost outlay for the potential reward is well worth it.

Interesting news.

To save me looking back (apologies), was this always in the plan?

Any expert knowledge on how long the drill might take and how long for the results to be known?

Thanks in advance

gla

Imo, orderly market rules means that they need to manage any orders as a % of adv (e.g 10%) so as to not adversely affect the market.

Anyone placing a large order to be filled asap could materially affect the SP if all the shares are dumped in one go.

An order placed as a % of adv would be filled throughout the day, or over several days keeping in line with volumes being traded

Quite normal for large orders, especially where volumes are low

I think we are at the stage where those looking to winter gas prices to boost the SP here will be disappointed. Yes, it may increase revenue, but I feel it will have minimal impact on the mcap here given what we have seen over recent months.

Where is confirmation of the permanent flowline commissioning which was due at the end of August? Typical Angus, advise a target date and miss it by a long way. I should be used to it having been invested here since pre-Brockham.

We need an operational update, a plan for the existing assets (no real interest for me) and any next steps with SFB, etc.

The new CEO needs to step up and tell the market what is going on and give some clarity to the financials as well as operations.

ANGS has become a one trick pony with SFB, more by luck more than judgement given the cost excess and time over-runs compared to the multiple-time changing estimates since it was first announced.

Come on ANGS, throw all of us long suffering shareholders a bone.

I would contact the company directly, but they have never acknowledged any contact made previously and stopped accepting any IQ submissions - I must be on a blacklist despite all my communication always being polite, rational and reasonable in tone/content.

Anyone here still in profit?

Nice update this morning.

Still comfortably down here, but not wholly unexpected with a company at this stage of a project.

Perhaps invested at the wrong time, but was happy with my entry point at the time, and too much exposure to small caps currently to justify averaging down.

All appears to be progressing and no real slippage in timelines, so holding and will await next news

gla

Good luck to all taking profits here, and getting a free ride.

Like many, I am well down, but more hopeful of recovering some losses than I was some 6 months ago when I was ready to write this off and use the pennies to cover platform fees for a few Q's.

Still expecting to take a big hit here, but will hold for news and see what the plan is and where this might go

Tks for your post gaisan.

I have no issue with anyone with a negative view, so long as they outline the reasons why and do not spend all day posting the same.

Since I have been invested, this has been a relatively quiet and respectful board. Hopefully, that will continue even if posters have differing views.

It is amazing that so many on these boards seem to think it is impossible to have a positive view on a company, but air negative concerns (and vice versa). They are always called out as traders looking for a cheap buy-in or ramping to suck others in. Quite sad really.

Looking forward to an update from these investor meetings, a clear path operationally for the near term and hitting production targets.

Certainly not emotionally invested here. Paper loss, but as posted before, less concerns here than with some of my other small caps. Holding and will continue to review on news

gla

Yes, the 2.95 trade was the UT trade in the after market auction.

This would be at a price agreed by both the seller and the buyer and would not happen if the price was not agreed between them.

The official LSE site shows this as the closing price, so will be the opening price tomorrow.

Should be an interesting day

gla

Astro,

I first bought in 2021, a small tranche at 1.01, so well down on this holding.

Added at various levels over the last 18 months at prices of 0.69, 0.42, 0.43 and 0.35, so with an average of circa 0.52 I can see the frustration of many at being down. But, as I said, I would rather be invested in a producer than someone throwing money at exploration where the results can be hit or miss. We do have revenue, and the bulk of capital expenditure on infrastructure, etc should be behind us now (hopefully).

It is not just TGR that is struggling, or not performing as expected, there have been many outside factors in play too affecting worldwide economies, prices....

There has been less investor money coming into small caps over the past few years as investors look for more stability. I have a higher exposure of my portfolio in small caps than I would prefer mostly due to the general underperformance, but TGR is one that I have fewer concerns about despite a circa 60% paper loss.

I will continue to hold so long as TGR do not give me reasons to change my mind, but they do need to restore some shareholder confidence and show that they can deliver on forecasted numbers.

Just my view

gla

"More down side to come .... Sacking two key executives during this summer time. Delay on earning..."

Are you referring to the 2 NED's that left ?

NED's come and go all the time. A NED leaving is not an issue, they have limited involvement in the day to day running of any company and their main function is oversight and advice. Both were noted to have resigned to pursue other interests or focus on other issues. Sacked? No evidence.

Of all the issues that TGR may have had to deal with over the current year, a couple of NED's moving on is well down the list, imo.

There can be some mitigation for the suspension due to the late reporting and accounting changes that contributed to it, but this has had more impact on the SP, imo and sentiment here.

I still feel holding shares in a producer is less of a risk than an explorer, but they do need to meet targets and restore some sentiment for the market to believe the story here.

The round of meetings this week and the feedback given from the company will be interesting and hopefully see the start of a change for the positive here.

Holding

Not expecting any news until after the AGM tomorrow.

A couple of the resolutions need to be passed, imo, for any further progress to be made for whatever the future plan is.

The speculation and the rise here is welcome, but at present this is still a trading share. I appreciate some say differently, but this is how I see things just now.

Get the AGM out of the way and let's see what happens here then

gla

TGR main listing on LSE and in GBP. Main broker in UK too.

Wouldn't that mean it is easier to raise funds in the UK, if needed via debt financing? Would local politics and local laws even come into play for any need for fund raising, not so sure?

Investment locally more likely to come from a local partner buying in which I think would be unlikely at this stage.

What's your point Suthy?

You have posted 222 times on QBT in the past 30 days

Jambone has posted 457 times in 30 days on QBT

Addison 203 on QBT in 30 days

Bobcat 254 on QBT in 30 days

There will be others too with high posting numbers here, and yet it is circa 50 days since last actual news (RNS re: patent application on 24/07) . Nothing warrants the level of posting seen from anyone in the last 30 days, and yet here you all are all day every day with the same speculation, hopes and selective interpretation depending on your particular stances here.

Less is more

Apologies for the tone, it was a quick reply while on a call.

The small trades could be related to fees on a PI account where the instruction is to sell an equal portion across all holdings, or a pro-rata trade to raise funds for disinvestment, or invest new money.

Unlikely that they will attract an individual trade fee per transaction, but a total fee across all the trades in the 'program' order.

Unfortunately, the regulations introduced to make trading activity more transparent seem to have done little to actually improve the process and made things more opaque when it comes to the whole subject of trade reporting.

Personally, volume more important than individual trades (unless chunky, or multiples of similar size) and at present, volume suggests it is a waiting game for next news, likely after the AGM

Why would any reported trade not be legit?

Every single individual fill of any and all trades must be reported separately to the market per MiFID II regulation, so every single trade seen is legit. The direction may not be correct, but that is another issue entirely.

Loads of similar trades are reported daily across many shares. It is quite normal tbh

For me, whilst the exercise of the options is a good sign, it is not quite the same as an outright Buy in the open market by a Director.

It may be a case of spitting hairs in that PG has increased his personal holding at close to market price (on 06/09), but what we can say is that this is something which he did not need to do.

A positive move and perhaps can be read as an underlying indicator of his confidence in progress, and along with the additional award of options back in June a sign of ongoing stability for SEE at the top which is never a bad thing (if you are happy with PG as CEO).

Never surprised at the market reaction to news however

gla

Good news.

An important step in what could be a long process to production.

Including the invitation to the state national mining company, ENAMI, to potentially partner with the Company as a minority stake partner in both projects is a smart move, obviously a strategic decision given the Government announcement on Lithium strategy.

Should see a positive SP move here today (you never know though), but it is likely the approvals that would create any meaningful upward shift.

The steps leading to approval, investment, off-take, etc will not all be smooth. Hopefully, we will see approval within expected timescales. Not always the case, but the first application could be seen as a good test of the will of the Government and they may well want to be seen to make a big thing about giving these approvals which could lead to a rush from potential backers on the financial side.

Well done to all at CTL.

Personally, I would say any significant news would be post AGM.

I believe the AGM will (can?) only cover the 6 resolutions detailed in the AGM notice and nothing else. Normal practice, imo

It may be that they need resolutions 5 and 6 to be passed in order to progress with their plans

Perhaps we will see confirmation of the name change (not sure how long this takes to get approval)

A typical DM article, but some exposure nonetheless

https://www.thisismoney.co.uk/money/investing/article-12473151/MIDAS-SHARE-TIPS-UPDATE-Pep-profits-Seeing-Machines.html