Member Info for dai2belts

1st tranche of shares listing friday, 322m shares, any ideas how that will be split between AIM & ASX ?

Mmmmmm, BB trolls, will have to have a look..

88e, shares being placed friday, not sure if they have been part forward sold, looking at the price movement

@PortfolioPower, that spiker WSBN, has the news behind the spikes happened ?

@Tro, cheers for shouting GST, got a small loss, then a profit 2nd attempt..:)

Bloooming chart... I had a 1.48 sell quote counting down,as bids appeared to be creeping up,,then suddenly two trades at 1.42 appeared, so I thought they dropped the bid and sold..

it was just 1 trade, 2nd had zero volume, and the bid ticked up like I expected lol..

Chart sometimes pads out 1 min interval, but to date had not for Gst..

@Horult. Did you take a position in TM1 ?

Treble bottom , on Q3 financials.. 2.562.p to buy 100k

Looks like production is dropping, seems a little caging about the new wells flow rates, states a material increase expected, update after 30 days f stabilized production..

With that insurance(maybe) to pay to redrill that gusher Q1...

Looking at the chart high 7p,

50% very possible..

https://invst.ly/129b9y

Gst, pattern maybe, anybody recognize it,

https://invst.ly/129b4a

He1...traders dream..

He1, treating its LTH like traders, constantly hiding info, giving info not in quite in context

did you look into IGs last posts ?

@Wasendo, cheers :)

Sustainable Aviation Fuel, being pumped, has in the last week doubled in price on no news..

2nd Nov Ruffer LLP announced selling their full ~7% holding

88e.

Checked out Scotts post, so 2 placings to cover 2nd and 3rd installments, works out at ~Aud0.006, or 0.31p

17/11/2023, 322,147,513

15/12/2023, 322,147,513



2nd instalment : US$1.25 million to be paid in 88 Energy shares on signing for part payment of the 2D seismic carry

3rd instalment: US$1.25 million to be paid in 88 Energy shares upon approval of the Licence working interest transfer by the Namibian government expected within 30-60 days, as a further payment in relation to the 2D seismic program carry;

Did.nt see a mention of how many would be listed on AIM vs Asx..

I wonder if its just ASX, can they do that ?

That explains it, ..

Imagine the Welsh Gov running Hs2,, they just cancelled a project to provide extra trains to big events in Cardiff, losing £10m already spent....

Surely they can make $169m last, thats crazy money

@KevR, I read that note you posted, it seems a good deal, and there is only 2D seismic next year.. And 88e seem to raise those sums of money easily.... They should also be able to pump that prospect to multi-bag...

When you watch the BB, I think some of these posters portray facts to suit their agenda...It easy to find the negative angle.

Main thing is the share price achievable to flow testing, 2 month away... Probably need to watch for an early raise to cover costs after testing, and for Namibia...

Namibia, the 4th installment bu june 2024, so thats $3.7m..

Where did scot get his price for the shares from ?

Some cash burn,,,,, $169m a month ?

The Araguaia project had total liquidity sources of USD169 million at November 10, which it explained "should provide sufficient working capital to around mid-December 2023

https://www.lse.co.uk/news/HZM/horizonte-minerals-shares-fall-amid-uncertainty-over-araguaia-funding-855cy58ct32yav4.html

I dont know. look at PANRs attempts to flow test,I wonder if that is commercial, and the rates from historical tests are not good..

I am looking at the potential to reach at least 0.5p into flow testing...thats 66% from 0.3,

33% for 0.4.., recover damage from He1 ;)

At the moment the current down trend is creating increased up side, and with the bid being 0.25 , the 0.3p bottom has removed..

So maybe my target is around 0.29 now, so when bid reaches 0.3 there is an option to take profit..

But I will mess up and miss the bottom..

There were some big sellers too, with flow testing a discovery why ? Looking to buyback cheaper maybe, or seen another opportunity, unsure about companies direction ?? I would be waiting for testing and a higher price..

4-Nov-23 15:37:51 0.292 2,795,077 Sell* 0.25 0.35 8,162 O

14-Nov-23 15:23:21 0.3025 850,000 Sell* 0.30 0.35 2,571 O

14-Nov-23 15:23:12 0.3025 106,808 Sell* 0.30 0.35 323.09 O

14-Nov-23 15:22:44 0.30 5,500,000 Sell* 0.30 0.35 16.50k O

14-Nov-23 15:21:19 0.3022 1,000,000 Sell* 0.30 0.35 3,022 O

My limit orders tend to fail too often...

Day trading is difficult, as you are intending to be in and out quick, your in sell mode, and miss the good rises if you see the price looks like its going to dip...a mental stop loss..

GST today, plenty of NTs to buy, and sell while I was holding a position, so banked small profits, in the end my trade at 1.25, I should have put my feet up or gone for walk..for a great profit..

But another day tomorrow, if I can bank another £100, that exceeds my trading target for the week,....

New strategy, looking for £100 step ups in the bid ..last week I used 100k@1.24p for 1 trade, today used 200k@1.25p, and 1.5p...and a low point, , Mmm sounds risky for such a small return.. :(

88e. Not sure if Namibia farm in has people thinking 88e are finished in Alaska, causing the low, but the bashers are targeting that theory.. Seems a cheap farm-in option to me., but obviously more raises... and maybe after flow testing in Alaska there could be a pause there, well there will until the following winter... Need to read that update again..

But could be an excuse to set up a low before flow testing....

Why did it drop to 0.45 before the rise to when this news was expected..

last 2 trades. I wonder if i will open at UT price

14-Nov-23 17:09:15 0.67 2,711,000 Unknown* 0.68 0.72 18.16k O

14-Nov-23 16:35:06 0.67 30,000 Sell* 0.68 0.72 201.00 UT

I had to look twice at the RNS, with that header,, if you had'nt said the cash was n the bank I would have missed it..

So maybe a rise in the morning, did you buy back in anticipation ?

@KevR, you are a bad influence, I bought & sold within minutes, (lost my broker fees), only to back minutes later and sell minutes later,,

Those guys who scalp for a living must be intense.. They must have special rates, as 1/5 of my profit went to my broker, of my 3 trades today, but x1 I sold breakeven less trading fees..

@horult, you seem to get your trades done promptly with 212, while others say they have ben waiting and waiting.. Do you pay a fee ?

Mmmmmm. late in the day, probably when many have clocked off or guard is down.

Gives a chance to buy before the rush,....or maybe stops MM from gapping up in the morning :)

Not much of a rise ?

So its US$17.75 million to KOD, $100m to the new subsidiary

So what does this mean for the company, and share price in the morning ?

0.4912p, 2,937,801,971 New Ordinary Shares to be admitted to trading on AIM at 8.00am on 15 November 2023, upon which the Funding Package transaction will complete.

Xinmao Investment Co, has agreed to not dispose of any New Ordinary Shares for a period of 12 months following Admission