Member Info for Crocqman

Have added some more today, sub 51.
gla

Nice rational post, Monkeymoo.
Since Jan I have been saying to the 'no sales' and 'no updates' crew, as well as those wavering, to wait on this update to at least make an informed opinion based on facts, rather than keep making unsubstantiated claims, or investment decisions based on unknowns/speculation.
You could argue from the results (and the market reaction) that the naysayers have been right all this time, but the sales figures, although disappointing, at least put some facts on the table.

For me, the other areas of the business continue to progress well, are often (deliberately) overlooked, and will do well for GDR, it is the ongoing 'covid' aspect that has been diversive/disappointing to date (and clearly the key so far as the markets are concerned).

Facts and figures all available for posters to make more informed decisions now, and the presentation tomorrow, together with any subsequent interviews will allow investors to judge management on past performance and progress.
It will be interesting to see the questions they choose to answer, especially if they include any 'tricky' ones, or play it safe.

This was the interesting commment for me in the RNS:
"Much of our focus has shifted away from low and middle income markets to more western markets ... These markets however work under standard commercial terms and cycles, and offer more predictable, and often higher margin commercial opportunities, and we anticipate this focus will remain for the foreseeable future."

gla

Tks for posting Ck.
Always helpful to see updates from someone local who has seen for themselves, and with an interest in the company and their activities.
gla

A bit of publicity and recognition never a bad
gla

I highly doubt that Vonk would have considered a move in this new direction.
I feel sure we would still be having regular placings and long periods of inactivity whislt trying to stubbornly get any kind of result from Balcombe/Brockham/Lidsey.
The new direction re: SF has been a big, and welcome change of focus to a potentially exciting operation, but the costs, financing and delivery timelines have, over the past few months helped to lose that new company sheen.
Looking to the Geo before delivery here (SF) is madness, although I do get the need for looking to the future, as is the time spent on the orginal assets, which should be kept ticking along in the background with a reduced focus, rather than all being trumpeted as a new dawn with fantastic possibilities.
The majority only care about getting SF producing asap, everything else should be seen as a bonus in the short term

Yes, its more having a firm date for commencement.
Waiting on outside factors such permissions, etc can be a frustrating process, and there is often SP drift with perceived delay, or inactivity.
Decent market reaction to the update so far

Great news
Drilling to commence on 6th April
gla

As Janus are under 3% no one will know for certain if they are holding at their new level, selling down further, or selling out entirely.
It is pure (and pointless, imo) speculation to suggest what they may or may not be doing now, unless they decide to release a statement to announce their exit and any reasons for their action (veery unlikely).

Often, it is a seller like this who has released a TR1, that posters will keep refering to, to 'suggest' that this is the reason the SP is not going up as everyone thinks it should, with or without news.
Let them do what they want, and stop bringing their name up now that their holding, whatever it may be, is immaterial from the company's prespective.
I would much rather be seeing TR1's for increased holdings and considering what the motives of any buyers are, especially as nothing has changed to question the fundamentals in a negative manner here (perhaps other than the final eoy loss total which in itself has been quantified, so should be priced in), indeed it is the opposite. Lots of good, positive information released in the RNS yesterday to underpin the progress being made and show the company is on track, or even ahead of their expectations for 2021 and beyond.
gla

Big drop?

Good post Oktane.

It is true that this has hit 1.50 twice to give investors the opportunity to exit.
- The first was this time last year with the CPR, but the covid lockdown caused this to drop rapidly after just a couple of days. The expectation may have been that this sharp drop was not going to happen after such good news.
- The second time was in Jan with the funding news due 'imminently'. SP momentum was building, sentiment was growing and investors seemed to be finally trusting the bod and seeing the potential at SF. That was 2 months ago now and the ongoing funding saga, the placing, delays and confustion as to what the main focus is (they say it is SF but seem to have moved onto Geo already) since have destroyed most of the trust in the bod now (imo).

I must confess, I am struggling to see how SF will be making profitable money when you look at the costs to first gas, especially against original cost estimates vs potential return.
As you say, the precise details of the funding deal will very much matter.

My SP target has always been a more modest 2p-2.5p on SF only. I will have a decision to make in April if this deal has not been closed before Easter.
8 trading days to go. GL

Current spread only showing as 4.44% though.
Not remoterly interested in buy/sell indicator anyway, volume a much more important indicator for me, and on current figures this is likely to be our highest volume day for over 2 months.
All good :-)

The direction of an executed trade is never disclosed to the market.
Nothing to do with MM's

No issue with those statements for me.
Confirming to the market that results will be in line with expectations (i.e. no bad surprises).
For me, a positive in the climate of the past year which the market will reflect in the SP in the coming weeks leading up to the results felease along with the updates seen today.
Was not expecting the comprehensive trading update today along side the court case news, so delighted with this RNS
All good for me, for 2021 and beyond
gla

Don't forget that the results will only show sales up to end of December, so not expecting any big numbers there.
Hopeful that they will provide an indication of current YTD sales separately, with maybe a monthly breakdown for Jan/Feb.
Investor prsentation too on Friday, but of course, anything new will need to be RNS'd prior to this.
Should be a good week here
gla

Not on twitter, but if the court case news is creating a buzz, I can see a sharp rise at the open, and then perhaps a drop back during the day (as is often the case).
Maybe a high around 2.20, and perhaps a finish around 2.05.
Personally, I would be wary of a lot of twitter chat, as it could lead to a pump and dump.

Happy with my holding, so sitting tight and will settle for a more steady rise over time, but dyor.

Volume tomorrow should be good, regardless, and the company will (should) RNS the court case news. It will be interesting to see how much information they provide on the voluntary dismissal, and if there is anything more behind it.

Aside from this news, the short term SP move will be more sentiment driven as another poster stated, until there is more news released with firm, number driven events.
It should be a good week here. Great to see plenty of positive chat here over the weekend.
gla

This may be a bit of a stretch, but just posting some thoughts courtesy of a post by T.Rat on the EQT board yesterday.

We know that Freddie will be racing the ExtremeE car on Top Gear tonight.
Freddie is a Diretor of Logik Developmenrs, a NE based land development company who have already announced a JV with EQT, and who state on their website:
"Waste To Energy - One of our newest sectors, it is also currently our busiest. Whether it’s anaerobic digestion, gasification, battery storage or hydrogen fuel cells, Logik has the track record and the right industry connections to squeeze maximum value from brownfield sites.

With Freddie having seen the AFC technology first hand, could there be the potential for anything here similar to the Mace Group Strategic Partnership?

https://logikdevelopments.com/

Skates?
The tortoise is wearing a jet-pack judging by the Top Gear previews :-)

Only an online search, but it looks like a voluntary dismissal can be either with, or without prejudice.

A dismissal with prejudice means the matter is final
A dismissal without prejudice means the plaintiff can bring the case again, either on a more/less serious charge, and in another jurisdiction.

It would appear that as AFC have previously posted a motion to dismiss, the dismissal here would be with prejudice (i.e. it is done).
It could also mean that they have reached an agreement outside of the hearing (e.g. costs to be paid).

Note: not a legal expert in any shape, or form, so just a view from online searches. Maybe someone with a legal background knows better?

Hopefully an RNS on Monday. Looks good though, a great start to the weekend
gla

13th,
Do you mean that the French lockdowns would be different in the same way that the UK lockdowns have been different due to this availability of rapid and accurate testing?

France have spent the last couple of months since their 2nd lockdown (ending mid-Dec) trying to avoid a 3rd lockdown. Their approach (curfew) looks now to have failed, and the country appears to be turning on Macron due to the vaccine situation (both the slow roll-out and the AZ debacle).
The availability of home-testing kits, I beleive, was rolled out last weekend with a (free) rapid antigen test available from pharmacies, in addition to the existing testing capabilities (15-30 min results). They are already using a saliva test in France too, although as an alternative rather than the norm

As always, Avacta will be a big part of the solution, it will not be THE solution for everyone, everywhere
gla

There will be no mention of AFC on topgear, pretty certain of that.
The racer segment will be a big plug for the bbc's ExtremeE coverage.

Looking forward to seeing the racer put through its paces though, even if it is Freddie at the wheel
gla