Member Info for dai2belts

@Hopefullyretired. the buy/sell is worked from the mid price, between the displayed bid/ask at the time you traded.. Some shares like 88e, often the mid is set so trades are shown as either all buys or all sells ..

For many weeks

Lol..

Santa has gone from pushing II sell off, and no permit for week.....To Permit due

And posted that across 13 BB

From troll to super ramper :)

Is Juno close, and part of the same system ?

Or close enough to induce FOMO approaching results ?

Thanks for posting that..

I would be suspicious that this update has been put out so investors don't anticipate a raise :)

Burgundy struggled to get the funds to meet their $3.75m share of the previous drill, so 88e had to raise as if they were unable to stump up.. At the same time 88e updated the market Burgundy a likely to forfeit their part of the project.

Dec 2023

"88 Energy Limited (ASX:88E, AIM:88E, OTC:EEENF) (88 Energy or the Company) is pleased to advise that it has received US$2.0 million in funds from its Project Phoenix JV partner Burgundy Xploration, LLC (Burgundy) as part settlement of the US$3.745 million in unpaid cash calls "

Sounds like this time they only managed $1m so far while this time last year they provided $2m. Mmmmmmm

https://www.lse.co.uk/rns/88E/project-phoenix-22683648220-jv-partner-update-boyh50dlf19kysh.html

Seeing I couldn't remember any details of PANR discovery update, I thought best check on Zeph.. That March date did'nt even ring a bell :(

Start expected Mid Jan( rig contracted on other job)

Drilling 5500ft ?

Flow test results expected End of March

Be on the look out for hints of a raise, for production funds, maybe

============================================================

The drilling of the extended lateral is expected to commence in January 2025. The well will be drilled horizontally from near the base of the existing wellbore and is expected to target an additional 5,500 feet of the Cane Creek reservoir. Zephyr's management estimates that ultimate recoveries from the well, following its completion, could be up to two million barrels of oil equivalent.

Following the completion of the extended lateral, the Nabors rig will be demobilised and equipment for the completion and production testing of the well will be moved to site. It is currently expected that the results from the production test on the well will be available by the end of March 2025.

Once the results from the production test are known and considered sufficient, the Company will work to finalise gas processing and related infrastructure requirements for the project, in order to tie in both the well and the State 16-2 LN-CC well as soon as practicable.

@Santa which broker do you use ?

Down another 9%, this one could has a few spikes...if we see the bottom..

Big oiler and prospects similar to Havieron and Telfer

Telfer, is that another big Goldie

PANR is close to doubling from fundraise price, its approaching 34p, more than 10% higher than peak reached during drilling with results to come .....

So took a look to see what's behind the rise, maybe its the gas pipe-line for Alaska which are to supply if...

But that drill also sounds promising especially the way the reporter worded it

https://www.lse.co.uk/news/PANR/in-brief-pantheon-resources-hails-funding-partnership-for-alaska-lng-ys6entbnz1rnn88.html

https://www.lse.co.uk/news/PANR/pantheon-resources-makes-significant-north-slope-discovery-ga5j3quokyw26kb.html

At least you have avoided the big drops, when you are down 10% you can always move into another to quickly recover..

Sunda, have you been checking out the chances of a fund raise?

Its quiet

This thread is worth reading, especially Buried Treasures posts, thats educational..

https://www.lse.co.uk/ShareChat.html?ShareTicker=TM1&share=Tech-Minerals&thread=DFC9D6DE-8B6A-4923-AF9F-401A3F55DBC6

Some important parts missing..

So ACM asked to convert shares to a value of £80K, but TM1 are only able to issue £69,637 worth.. So can't issue anymore shares until the headroom is restored.. So looks like no more shares can be converted, rather than ACM are out or have finished selling as some suggest, unless they have sold all they have converted to date.. ACM have converted £810k to date, I wonder how many they are holding if any...

The Company also previously issued 99,854,656 Ordinary shares at £0.001 each....

I wonder if those 99.8m, plus todays shares(being forward sold, maybe) make up those large trades today, giving a 20% profit.. Shame they did'nt match exactly, 2,658,803 difference(unsold)

but the two 41.666.666m trades look like a rollover or some deal

=====================

TM1 has received a Conversion Notice from Atlas Capital Markets LLC ("ACM") in respect of £80,000 of Convertible Bonds from the convertible bond facility announced on 21 March 2024, the Company and ACM have agreed that, subject to Admission, the Company will issue 69,637,480 Ordinary shares of £0.001 per share ("Ordinary Shares") at a conversion price of £0.001 per Ordinary Share under PRR 1.2.4 Article 1(5)(a).

The balance of 10,362,520 Ordinary shares are intended to be issued to ACM in due course, at a conversion price of £0.001 per Ordinary Share, at such time as the Company has available headroom under PRR 1.2.4 Article 1(5)(a).

=====================

Might be some excitement tomorrow..

BB speculating CLN is out, or nearly out, after the large late trades and todays update

------------------

Company will issue 69,637,480 Ordinary shares of £0.001 per share ("Ordinary Shares") at a conversion price of £0.001 per Ordinary Share under PRR 1.2.4 Article 1(5)(a).

The balance of 10,362,520 Ordinary shares are intended to be issued to ACM in due course, at a conversion price of £0.001 per Ordinary Share, at such time as the Company has available headroom under PRR 1.2.4 Article 1(5)(a).

----------

Following completion of this conversion, the total funds drawn under the £5.5 million facility with ACM will remain £2.5 million as previously announced, of which £0.81 million will have been converted into Ordinary shares. The principal balance outstanding is therefore £1.69 million.

==================================

07-Jan-25 14:45:51 0.12 83,500,000 Unknown* 0.15 0.18 100.20k O After Hours

07-Jan-25 15:28:32 0.12 41,666,666 Unknown* 0.15 0.18 50.00k O After Hours

07-Jan-25 15:48:21 0.14 41,666,667 Buy* 0.12 0.15 58.33k On time

============================

Price dropped about 25% today then recovered

https://invst.ly/18bn-g

https://invst.ly/18bo0d

We were watching TRP and still missed that rise, I can't even remember seeing it but probably read that update and thought nope...just proposals lol..

hopefully Kev and I have correctly timed ZPHR this time

Syme, dodgy as they come, funds moving between special vehicles, NDAs hiding customers/clients that never materialised , and so many of the original parts of the business that were setup and ready to go, still waiting

AIM trader, a Guru pulling off £1.75m raise to drill Juno on the back of Namibia JV FOMO. :)

...............................

Also Mr TRP forever finding subscribers for his raises, another Guru..

Did you catch TRP 3x bagger in September ?

I am surprised it went crazy on the updates that were proposal as we know what happens with most..

https://www.lse.co.uk/rns/TRP/interim-results-to-30-june-2024-8i8prpz9tr3g2s2.html

........................

I wonder If GBP farmoutz talks are still in progress as they did not say the other party had pulled out ?

Interesting, TRP and ECO have been working on their Namibia Walis Basin JVs for a number of years

GBP block 2011A

ECO 2012A

TRP 1911

https://brazilpetrostudies.com.br/wp-content/uploads/2024/05/Namibia-BPS.jpeg

https://www.google.com/search?client=safari&rls=en&q=pel+96+namibia&ie=UTF-8&oe=UTF-8#imgrc=0r8xZHRwomo0wM&imgdii=6BbViz7g7-HtnM&vwlns=WyIwQ0JJUWg2Y0dhaGNLRXdpWXNwYlZyLVNLQXhVQUFBQUFIUUFBQUFBUUVBIl0=&lns=W251bGwsbnVsbCxudWxsLG51bGwsbnVsbCxudWxsLG51bGwsIkVrY0tKREEzTUdFMk4yVTBMVE5qWVRVdE5EaGpOaTA1T0RZekxXUmxOamMwTWpVMVpXVTVaaElmWjNnek9XWlVZak5rY1VsWldVUnpaM0puWDBNeFVEVmtSaTB3YTFKQ2F3PT0iLG51bGwsbnVsbCxudWxsLG51bGwsbnVsbCxudWxsLG51bGwsWyJmZDI2N2U1OS02YmMzLTQyMzEtODExNy1hZmY0NDhhYTM2YmUiXV0=

MMMmmmmm, Global owned a block adjacent to the current between 2010 & 2020, never drilled it..

https://globalpetroleum.com.au/operations/pel0094-namibia/

========================================

This update suggested the farmout just required the consent of the others partners who own 17% & 5% of the licence?

Global in recent months has been actively working with a commercial farm-out partner to secure a farm-out agreement for the PEL94 oil and gas exploration licence. As part of the process, Global has also been engaging with our current JV partners in the licence, Namcor and Aloe, to get their final approval over the farm-out agreement.

But....this suggests they have not reached that stage yet, but is the follow on paragraph

Discussions have been positive and progressing well on all fronts with a series of meetings to be held in London over the next two weeks with the commercial farm-out partner. The aim by Global and the commercial farm-out partner is to have the farm-out agreement finalised by the end of the calendar year and then moving onto the final formal approvals required to complete the process.

I bet some are suspicious they were in London organising a raise,...

Posters encouraging others to report comments to Met police as hate crimes, worlds getting dangerous when CEOs dupe investors and a few offending words in response has activists calling the police rather than FCA...

Lucky Alf Garnett passed away otherwise he would be getting his door knocked every time somebody discovered his video. ...

https://www.lse.co.uk/ShareChat.html?ShareTicker=GBP&share=Global-Petroleum&thread=B990852D-F5C3-468F-8D1F-DD85CE850B9E