Member Info for Crocqman

I think the majority of investors are aware that placings are required to grow a company. It is vital on AIM, and the purpose of AIM after all.

Investors do reasonably expect to see strategy based progress and a considered use of those funds too.

EQT did very well out of the Hydrogen hyped sector rise (both via SP rise and exposure to the sector for new investors), but have not capitalised on it though a recognisable strategy and roll out.

There is only so long you can use the economic climate, covid, Ukraine, etc as excuses to cover up what is glacially slow progress.

As I have posted many times, I always saw 2022 as a need for delivery after prior delays/issues. It was evident early on that this would not be the case, and 2023 then became an imperative year for tangible delivery, and we are still hoping and waiting at the start of H2.

The signs still do not look good, but there is still the chance that things can come good, but likely on a much smaller scale than the company wants shareholders to believe.

As I have also posted many times, Europe for me is key. Northfork is key too and could open doors in the U.S. UK is a complete write-off though for me.

The company has proven time and again now that they are not capable of being transparent and cannot even afford investors the courtesy of acknowledging concerns or answering direct questions put to them.

This is AIM all over, always more losers than winners. High risk, and rightly so.

I will be looking to write this off if no real signs of change in the next 6 months - my losses now compared to what it could be in 6 months will make little difference now - but I want to see news delivered on time regarding the many projects they tell us are in the pipeline and delivery to the bottom line. I have been saying all this for 18 months though

Excuse my ignorance, but how could Centrica possibly buy the next several years of gas from ANGS when there is an off-take agreement with Shell?

The Admin email address should be good enough.

I sent a query there in March (Sat am) as the 'contact us' function on the website did not work for me (there was a site issue) and I received a reply from Puruvi Poddar (direct email) before 9am on the Monday morning.

The Admin address, Shishir and Chetan Solanki were also cc'd in the reply

Disagree Lav.

This deal and the requirements has been known by the markets for months.

The only need for an ENS is for

1. A further extension of long stop

2. Completion and receipt of cash

3. Deal cancelled

Any step along the way is expected progress and does not need to be updated to the market.

PI's playing detective always think they are 1 step ahead of the game with things like this. They are not

Why the need for an RNS?

The re-registration, sign-off, etc is expected news, everyone knows that this is what is happening and we have been informed multiple times over the past few months with the extensions.

No need for an RNS at every step along the way until everything is complete and to confirm the funds transfer (imo)

gla

Like many, I am not happy with the rate of progress here, or the lack of transparency from the bod, but to state as C909 does that " it could be the idiot cfo forward selling his ltip shares" is one of the most disingenuous things I have ever read on these boards.

It is 100% guaranteed impossible that any member of staff could be forward selling any shares not actually awarded, or potentially due to them under any company scheme.

The FCA and HMRC would be very interested in anyone trying to do so too, not that the company would sanction anything under the terms of Director dealings.

Cue a handful of very rare exceptions of Director share dealing abuse being held up as 'proof' that this activity goes on all the time.

I have put up with C909's mildly amusing (but boringly repetitive) posts for too long now. Time to filter as he is just a bitter PI not able to take responsibility for his own investment decisions. Understandable, given the profess here vs expectation maybe, but there is a limit to the non-stop whinging I can take.

Presumably, the suspension will be lifted.

This will likely result in a drop to a new level and the Directors will continue their efforts to 'extract value' for shareholders who have no real option but sit and wait, or Sell for massive losses.

The company will no doubt bounce along for as long as is possible and venture into some currently unknown direction in order to delay the inevitable.

Painful

Terry is just another self proclaimed saviour of PI's.

Doom mongering on multiple boards and only his opinion matters. According to him.

He is always right too. Also according to him.

Filtered

gla

Desree seems too busy deramping here and on ukog to have time to invest.

Hmm, sounds a familiar theme

Pumping a different stock now too. Filtered

* Pump and Dump

Does PD in your name stand for Pump and Pump?

Filtered

Will await the release of production figures in due course today.

All these Q&A responses seem to reveal is that those who take a more conservative view, together with the so-called derampers doom mongers and activists (as the diehards keep calling them) are still calling this more accurately than the bod and the board experts on here.

The bod are still over promising and under-delivering and being generous with the truth in terms of timelines, costs, etc with everything taking longer than expected by the bod, or not quite achieving what they outlined as conservative expectations.

No wonder the SP is dropping, still little to no trust in the market for ANGS and lack of transparency in what is actually going on.

Same old

gla

When the SP goes down on news it is always MM games.

Nothing to do with the implication of the news then, the disappointment clearly shown by the market and investors for yet another delay to completion of the transaction to secure funding?

"The company is worth no more and no less than it was yesterday, last week, last month"

Well it clearly is worth different to yesterday, last week, last month, as the SP just in the last month has had a high of .75 and a low (right now) of .465 with a downward trajectory to boot (circa 50m change in mcap)

I don't get these 'reassuring statements' from posters when the evidence is clear.

The markets have spoken. The potential, the assets in the ground are currently worth what they are now as there is no money to realise them, and it will stay that way until funding is secured.

This drop is nothing to do with MM games, the go-to cry of investors (gamblers) whenever an SP drops on news they do not like.

This news has pretty much been telegraphed since the first extension at the end of April.

Trolls trolling expected

PI's losing their sh*t and this board turning to carp expected.

Die-hards claiming a perfect top-up opportunity expected

Time to switch off this board until news

gla

gla

Give it a rest PD101

Trying to create dear and telling everyone on PREM to get out before a suspension and trying to create a false picture of buying activity here.

All under the usual guise of a 'helpful and concerned fellow investor'

So transparent.

Lowest of the low on thee boards

Lav,

You posted "good luck finding an explorer in lithium going into real production before 2025".

But this deal (and the 19/01 RNS) states they expect to be operational within 12 months from receipt of funds and the expert posters have been telling everyone this definite timeline for the past 5 months.

Some posters here have also been saying the extension (twice so far) is not a delay (yes, it clearly is).

So, are you now saying that even if the deal is confirmed in July it will be it will still be 17 months or more until production, and not the 12 months that the company is stating from completion - effectively a minimum of 20 months later than the expected date from the initial RNS announcement suggested (using 30/04 as the target completion date) ?

But not a delay in production according to some.

I expect the same cries as with every similar company I have come across in the last 6 years on these boards - We have waited this long, another week/month/year makes no difference. It does. Always

Market is down across the board following interest rate decision at noon, coupled with this RNS being expected news, so a drop not that great a surprise.

I like the optimism, but I really cannot see a 100% rise on funding news.

When the SP was in the high 70's, my conservative target was 90-100 and still feel it will be around that ballpark if this gets back into the 70's ahead of news.

From a starting SP in the 60's, my target would be closer to the 80-90 figure.

As always, hope to be proved wrong, but just wearing my conservative hat and basing my position on past experiences elsewhere.

The SP held up reasonably well on both previous extensions to the long stop with this current drop due to other factors, but I also feel a further extension will lead to a drop this time around.

Hopefully, we will get some good news before the end of next week, but I expect another extension as do some others here.

gla

Good luck to you.

There are many here with high averages, see the potential and are frustrated at the time taken to progress (like myself).

Attractive SP now of course, but current exposure coupled with a lack of transparency (thus far) make averaging down too much of a risk for me.

Good to see the Italy RNS, perhaps a sign that a corner is being turned. I will reserve judgement until end of 2023 to see what news elsewhere.

Volumes still pretty low here, so still no real sign of sentiment changing as yet

gla

Apologies, quotes from article in previous post not relevant.

from the article:

Chile and the European Union will sign a memorandum of understanding (MOU) soon to develop value-added lithium projects in Chile, Ursula von der Leyen, president of the European Commission, said on Wednesday.

Speaking to reporters in a joint press conference with Chilean President Gabriel Boric, von der Leyen said the two parties reached an agreement to develop a strategic association to develop lithium and strengthen supply chains.

Interesting news. Thanks for posting

"Both leaders also announced new projects that are part of a green hydrogen initiative between the EU and Chile. A "Team Europe Fund for Renewable Hydrogen in Chile" initiative will finance new renewable hydrogen projects in Chile.. The fund will have more than 200 million euros, mostly financed by the European Investment Bank and KfW, which will be managed by Chile's state development agency".