Member Info for Crocqman

Don't see how AFC would rocket on a world-wide energy crisis.
What exactly can AFC offer on a global scale and in volume to significantly help with the current situation?
There are no MM games going on, or big fund manipulation here either.
Just let AFC get on with what they are trying to do, they will not be saving the World any time soon.
So much scaremongering and false information around here, some realism and perspective needed.
Yes, the current SP is disappointing, but it has been trading less than 1% volumes for over 3 months now, no real sign of any big sell-off, or this being oversold, imo

Can't believe some still think a massive re-rate is due just because of the current gas prices.
We are still 4 months away from producing at the very minimum, so gas prices are completely irrelevant currently.
Any significant re-rate will only happen on completion of the required works without any further delays and on imminent production.
Patience needed. Still

To be fair, there is zero proof that any leak came from the broker chain (so far as I am aware), much like there is zero proof that it came from the company. Speculation, at best based on the likelihood of the origin of any leak.
If anyone has any evidence then they should provide for all to see, or submit to the FCA for an investigation.
What is certain though, is that it is DB who has the power to do something about it. After 3 (4) very similar occurrences, no visible sign of any change to their processes/chain is what rankles many on here.

The biggest hurdle is the constant dithering, on pretty much any major construction project, or decision (e.g. Heathrow, Trident, HS2) and taking the short term option, or delaying a decision looking for re-election, rather than the long term view to benefit the Country as a whole.
The gas storage problem is not new, but what has been done to remedy this in recent years?
This is the perfect opportunity to invest heavily in multiple options, not just consider a few and then put all eggs in one basket.
Can't see any change to the current scattergun policy without a radical shake-up and someone forward-thinking being put in charge

Mikey,
All well and good, and I totally agree - I filtered them last year along with the loudest antagonists on the opposite side - but sadly, there too many egos who just have to have their say, or get in their clever put-down, or are 'posting for the benefit of any newcomers'.. Always a reason for replying.
Plus those that like to wind them up for a laugh.
This board has been barely readable for well over a year now, because of those on both sides of the argument, posting the same things relentlessly, day after day.
Oh well, happy to continue to hold, await official news and take no notice of the shenanigans (for the most part).
gla

Off topic slighty, so apologies.
Just seen that Alba Minerals are spinning off their Greenland iron ore and graphite operations into a new company 'Greenroc' following an IPO which is due to start trading next week.
It will be interesting to see how this trades

https://www.londonstockexchange.com/news-article/market-news/schedule-one-greenroc-mining-plc/15122183

https://eminetra.co.uk/gold-company-to-royals-to-sell-welsh-mining-stock/721345/

"I believe the shorting gang are in bed with whoever runs the LSE site"

Oh dear, more ill-informed chat about shorters on this stock.
As posted on multiple boards over the last 4 years, please show some evidence, any single shred of proof, that a PI is able to short this, or any other AIM stock.
No broker will allow any PI to short this, or any other AIM stock, and no one has ever come up with any evidence that a broker will allow a PI to take a short position.

And for the umpteenth time, Jupiter will under no circumstances be paying anyone to post on here in respect of their own position.
They will not be in the remotest bit interested in anything posted here, or elsewhere, and their open short position is so pathetically small in terms of their AUM that they will not be in the least concerned about daily movements.

Please dyor and stop spouting BS about posters on here, or PI's shorting. It is not happening

Agree, DB should be taking action after the first placing, and let shareholders know he is on the case.
He has suggested he is, but nothing visible has changed, so no wonder shareholders are questioning his management of this very serious matter.
I'm sure he is pi**ed off, but not being seen to do anything about it, after the 2nd leak, let alone the 3rd leak is weak.

The SP has slumped, what, 40% on each occasion, meaning even more shares need to be issued at a much lower price than it could have been, resulting in a lack of trust by the market and months, or in this case years, before the SP even gets close to previous mcap values before it happens all over again.
In turn this means that any success only sees a muted response (as we have seen), rather than the good run that should follow.
Sentiment is shot, trust is gone, investors look elsewhere as one of their main requirements is trust in management, especially for II's.
The absolute very minimum he should have done after the 2nd leaked placing is to sack the broker.
DB is slowly destroying this company by sticking with untrustworthy partners, regardless of how good the assets are.
Old school, nice guy management style just does not cut it in this day and age, sadly.
It is the shareholders that are suffering again and again, and DB seems oblivious to their wrath on this issue.

The FCA will do little to nothing. Even if they do look into it, it will be at least 2 years before we hear anything, if at all, given how long they take to review and investigate issues such as this (by past experience).
Many PI's supposedly reported UJO to the FCA after the 2nd leak, and I suspect many more will do so again this time around.
Unless the FCA see any anomalies in SP movements through their own monitoring tools, they will not be in the slightest bit interested in looking further here.

I am still expecting a delay with SFB until 'some time in Q1' to be announced before the year is out.

It really is poor that they are faffing about with Lidsey, Geothermal, etc, when ALL effort should be going into SFB.

They have delayed and delayed with their first gas target, it must be at least 6(?) times the target date has changed already, and it simply is not good enough for them not to be pushing all parties involved to just get on with it, rather than releasing an RNS to say 'oh well, looks like it will be a little later than expected, but hey, our lenders are ok with this. Never mind, here's a geothermal presentation to deflect attention'.

My last post for the week.
Good weekend all

Personally, Yanis, I am not remotely interested in Lidsey.
If it (and the geo-thermal presentation) gives the SP a bump, then all well and good, but as it has been for the past 2 years, it is still all about SFB for me.
The first sign of any shift North on the prospect of actual delivery here, and I will be looking to exit once and for all.

I like this.
It won't result in the rockets that many are looking for with the SP, but continued progress and building of the business.
Well done all at EQTEC

My understanding is that although a trade can be delayed for reporting, the execution date/time cannot be changed, so the date/time shown against a trade will always be correct.
The delayed trades will often show a date/time from earlier in the day, or previous day.
This may not help to distinguish the true direction though

I can say with 100% certainty that Jupiter (or any other financial firm for that matter) will NOT have a short position greater than whatever is reported.
A listed firm like this will in no way misreport their daily positions due to internal compliance measures, monitoring tools (e.g. required restriction coding), FCA scrutiny (and punishments for misreporting), checks from internal and external auditors, MAR, etc, etc.

Suggesting otherwise is just a case of misinformation, a lack of understanding or UK regs, and totally false.
It is not just the naysayers that spread false information on these boards, and again, Jupiter will NOT be paying people to post on a BB. They could not care less about what anyone on here says or does in terms of making any investment decisions.
DYOR

I find it highly unlikely that 90% of shares drop before a placing.
I would certainly like to see the evidence of this 'fact', but I highly doubt there is any evidence whatsoever. It sounds like a weak excuse to try and cover for Dave for his failure to prevent news leaking for a third time.
It is much more likely (imo) that 90% of placings are NOT leaked ahead of the RNS. Many may well drop on news of the placing being announced, depending on the reasons for the raise, but NOT prior to this.

Tavernham,
Not sure if this IQ answers your question

Q: Regarding the reduction from a 10-inch pipe in your presentation to a 4-inch pipe in the planning documents being considered by LCC planning: Can you confirm that the 4-inch pipe is capable of delivering the 10 MMSCFD to the national grid at a maximum delivery pressure into Grid of 70 bar? Asked on 20 July 2020

A: Yes. The principal constraints on pipeline internal diameter are the maximum designed operating pressure (which in this case is over twice the maximum anticipated delivery pressure of between 45 and 70 bar) and the velocity of flow of this volume of gas. Very high velocities result in higher temperatures and erosional issues and are generally avoided for that reason. The resulting velocity increase at the narrower internal diameter of 4 inch vs 10 inch is still comfortably within normal ranges for the transmission of grid specification gas in the UK.

"There will be an influx of new names today" lol.
That's a bit rich from someone who has been here for 2 days and has already racked up 30 posts to their name.
Plenty of agendas here, and on both sides of the fence.
Now talking of being an Institutional target? Way too small to pique their interest and still too much uncertainty here for that.
Beware the rampers, even more so than the derampers on these boards

This is a great update, regardless of feelings about the placing leak.
Strange how this news was kept quiet, yet anything about raising cash always makes its way to the wrong people.
Time for detective Dave to get on the case and plug his leak once and for all

It's hilarious that so many think that a company like Jupiter employ people to post on this site to protect their short position.
They are not in the least concerned about chat on shares sites, or anything else.

Seems like some here have never heard of market abuse regs and the penalties for committing market abuse.
Quite easy to find info on them if you search.
How come hundreds of companies are able to release RNS every day without details getting leaked, but UJO have 3 in a row placings leaked?
Yes, the usual suspects may have some contacts in the city, but the source is closer to home, imo.
Any yes, if your news gets leaked not once, but twice, crashing the share price each time, you take action. You change broker, change your comms people, etc. You make sure your ship is tight, not allow a third leak and yet still do absolutely nothing (seemingly) to try and prevent it.
All DB is doing, by doing nothing is providing the regulator with an excuse to crawl all over their operation, should they see fit to do so.
And I am pretty sure that several posters here were talking about filing complaints with the FCA after the last 2 occurrences.
Not that any official action is likely to be taken, of course, and if they do take an interest it will likely be a couple of years before anything official is known, as that is how they work.

"Surely they must pull the placing? They can’t be that stupid?"
It didn't stop them the last 2 times. And yet, DB did absolutely nothing about it then, or now, it seems.
Looking at the current SP, we could well be looking at sub-20 to give all those 'lucky placees' an attractive discount. I bet it is not done on an average of the last 5 days (for example), that's for sure, they are probably scrambling to rework the whole deal as it is. Just like last time.