Member Info for dai2belts

88e, up 7%, trading around 0.35, a real rise, all that took the placing have done okay

@KevR, did you buy back in thursday ?

If its buying time let me know, :)

@Tro I guess your thonking there is a buyer licking as its blue on cbnc ? no other rasin

Conspiracy...

That +£100k late printed trade today from Thursday, looks like a buy, but being large, if worked was around the bid prices?

If its that trader with the perfect timing, and a sell then I guess we will have a raise announced any day..

She was never going to say when, a point pushed along with the fund raise on the BB , which no doubt will have deterred many buyers who checked in on the chat to get an initial heads up.. A topic which should be kept brief, not weeks unless you were short..

Assuming RD is genuine his situation is not funny, buying a dream, taking that big chance believing in He1..

When DM was running things he had a flair for projecting confidence, and seemed to act to protect the share price.. Now we have the opposite.. Its allowed traders to relentlessly push doubt while heading towards a major de-risking point, the spud.. Monday could well see that fund raise announced, and is probably the reason for the drop today..

He1 releasing that Friday RNS, so badly worded, as it suggested a 2024 drill, somebody must approve those updates, maybe the same person that checked over DMs. If not they should do.

Investor Meeting, Lorna was reluctant to say what they could announce before the lab verifies results.., yet they let slip something you dont say unless they have been covered off...

Lol, Kev, I will be out of cash way before then..probably will have done a few years in the Foreign Legion hiding from loan sharks within 10 years..

JSE, not sure it will move through 45p, and stay above near term..depends on why it sat mid 30s..

Production is about to restart, reaching "previous" levels..while they still have to repair at least 2 or 3 tanks

At the moment, they still have not repaired the 1st tank to be drained(4s ballast), or the oil tank(5c), but repairing/repaired 4P ballast....

The other news, is just an update...

I suppose though this could be the end of that down trend, and 45p was what the experts thought was a good price to raise at, and the big backer was happy to take warrants at 50p...

I wonder if the selling that took it into the 30s has finished..

The seller would go quiet for days, letting buying confidence build then start selling again

@PortfolioPower, I hope I dont run out of money or you retire from trading before I start to learn from you

Still in limp mode, :(

Will need to read the update later

New Computer, Right to hold, its just recovering some of my losses..

Shame I did'nt double up a 23p..

Who called PANR, was it PortfolioPower again ?

Been looking some flairs :)

They must be making changes quite often, introducing compatibility that come and go, cpu is running around 100% writing this post...polling like mad

Site lets me log in, then my cpu runs high, debug says forbidden access when on the BBs, then there is non stop poling...and global warming as error must be similar to a dos attack on me...

Test

it hit 10.5p on rig news, 12p should have been reachable with the follow up news flow...but there is a seller and constant pushing of the fund raise, almost 3 weeks now,

so selling pressure, and pressure to deter buyers

dm was confident and clear, even when bull ******* us, while now its vagueness from he1...

Sometimes best to avoid BBs as they do influence you subconsciously, you start to believe others believe the BB..

So HappyDaze has been suggesting 12p before spud, but posters are challenging that with higher prices, so you hold because you believe others are targeting say 18p, missing the opportunity of a small profit and safety..

Then Proactive quotes Liberums 19p fair value, and 54p if success is certain...Neither are defined, so you assume risked/unrisked, pre and post discovery.. Is that the correct assumption..? BB seems to think so...

Its all going in.......

As shareholders we dont have liberums info, although He1 were keen to ensure during phase 1, you could download every analysts update.. ??

@Mischief, we have the same average, and I had to average down :(

@legal, they can announce discovery if the wire-line data shows a reservoir and seal adjacent to a show, then hold for the lab to confirm if its commercial.. I guess thats why they are being vague about the capabilities of the mass spectrometer..

Its another opportunity to create a high price to sell into. lol

Another off-taker moment

Why strung out ?

they simply are not rig operators, there is a lot to organise.....

Conspiracy, We have a seller, they probably know all about..

Now they created a low that Friday, by mentioning the Marriott rig could be an option, while there was no need to because, as everybody witnessed He1 pulled off a feat getting our rig into Tanzania, so all that must have been organised well in advance of the rig arriving, just days later, Monday morning.. Simply mentioning Marriott along with seeking legal advice regarding SOFORI suggested a 2024 drill, months of further cash burn, and the need for funding before drilling.. And Noble taking the lead organising the rig

They could simply have said it is looking unlikely we will require Marriott..

last year proved they had mastered the art of deceptive updates, so mentioning Marriott as a possible option was intentional imo

So maybe the price has moved much like you see with those nasty CLNs, The Short before the sell off, the opportunity at the low , and again selling the next high or whatever....with He1 having the trigger for each event... A great way to generate funds or increase share holdings

Take a look at Orr's price movement before their Chairs £195k subscription, unlikely but I suspect at least partly funded by some clever financing

Q&A responses Fails to give confidence , I was wondering why some seem unsure about the testing, inconsistency in the Q&A. I dont think they want people to understand the testing process so they can play their cards close to their chest.

I think though that could be related to when they want to raise, would be nice to leave everybody speculating on a discovery while they wait for the lad results... Announce a show, then a successful drill & test, send results to a lab, and in the meantime raise on the pretense of production testing, and another appraisal well...

Testing, Mixed messages...

Lorna has already explained Geolog have a gas analyzer, a portable mass spectrometer(it performs compositional analysis) (43 min) during the investor meeting, also said they can announce a discover (48min).

Similar to phase 1 ?..

Q42 the written answer, does quite match the recorded answer..

Q72, same written reply, again recorded answer is more specific,

Q34, Brokers/Analyst note, well Proactive are quoting 35% CoS, from Liberum, so obviously there is an analyst note, probably end of last year, maybe updated for latest on latest CPR