Member Info for dai2belts

Releasing news suggesting there was a chance of revenue from the client in Utah has back fired, but it always seemed it would be a long way off, with plenty of challenges ahead for the client,,, As its TOM related..

So to drop 20%, well surprised anything was factored into the price..

QED dont have any users of their product for their client to sell to....

So never understood why they would pay $1m for a product licence when they have no customers, but it is a milestone QED can claim was held up by the client..

But the drop could be that the situation compounds Moroccos component failures..

Thanks, Tro EOG, back to a penny them 1.3 4th time maybe

@KevR, its Utah, clients hearing yesterday, MM seemed to let the price just drop...Woolly, no details RNS just in, leaves it all hanging in the air.. So this affected likely revenue for the licence agreement with the client who has no known customers for the licenced product...

More info coming from BB than company, its like we need an RNS, a blank one will do, job done..better than He1s Friday one though.....

But might be an opportunity for a punt,

You can see them at 15 minutes

The 3 guys representing Valkor are back in that Trial room in UTH ?

Looks like they are waiting

https://www.youtube.com/watch?v=ixZHi9pu3Cc

Hard to workout whats going on , those 3x buys £50k buys, then a £85k, £31k & £47k sell...

Its like as if shares are swapping hands, or maybe selling high to short, maybe going long...all of it..

Your company hides info, the markets is out the get your money, and you dont have a clue whats really happening, its gambling...

Was Minnie puffing a cigarette and drinking Bourbon, straight, while Mickey was happily stoned..

Never thought about people moving ahead of trends, I am Mr Hindsight :(

@KevR, I assume ballast tanks pump water in and out to maintain stability and height in the water, in coordination with the oil being held on the ship.. So would have thought those tanks could be emptied into the sea if not contaminated, but they said the tank had to be cleaned. So guess they had to dispose of properly, not sure if emptying just 1 ballast tank would affect stability, and require moving loads between tanks to counter balance as dont know anything about that stuff..

Never give you enough details to understand the task ahead..

Mmmmmmmmm, all these big trades, the friday RNS, mentioning June,,, all questionable...

I wonder if the funding will be a loan, and this activity is related.....???

23-Aug-23 16:17:38 7.70 1,100,000 Unknown* 7.70 7.90 84.70k

Here is the RNS,

https://www.londonstockexchange.com/news-article/JSE/montara-operations-update/16094577

Strong buying looking at the printed trades, yet its down..?

3 Identical large looking buys too

Why would you risk £150k before spud, also with risk of get caught up in funding ?

23-Aug-23 13:18:52 7.80 400,000 Unknown* 7.70 7.90 31.20k ?????

............23-Aug-23 11:32:09 7.90 632,835 Unknown* 7.70 7.90 49.99k O

23-Aug-23 12:26:32 7.835 100,000 Buy* 7.70 7.90 7,835 O

23-Aug-23 12:24:27 7.88 4,084 Buy* 7.70 7.90 321.82 O

23-Aug-23 12:18:16 7.88 3,553 Buy* 7.70 7.90 279.98 O

23-Aug-23 12:18:08 7.8303 9,000 Buy* 7.70 7.90 704.73 O

23-Aug-23 12:17:32 7.88 6,345 Buy* 7.70 7.90 499.99 O

.........23-Aug-23 11:16:09 7.90 632,835 Unknown* 7.70 7.90 49.99k O

23-Aug-23 12:15:31 7.8775 9,000 Buy* 7.70 7.90 708.98 O

...23-Aug-23 11:14:53 7.80 600,000 Unknown* 7.70 7.90 46.80kSell ?

23-Aug-23 11:54:00 7.879 41,807 Buy* 7.70 7.90 3,294 O

.........23-Aug-23 10:49:50 7.90 632,835 Unknown* 7.70 7.90 49.99k O

23-Aug-23 11:40:46 7.88 126 Buy* 7.70 7.90 9.93 O

23-Aug-23 11:19:48 7.90 2,531 Buy* 7.70 7.90 199.95 O

23-Aug-23 11:19:48 7.90 1,000 Buy* 7.70 7.90 79.00 O

23-Aug-23 11:19:38 7.811 50,000 Buy* 7.70 7.90 3,906 O

Will China gloom and doom push up gold or will China start selling theirs?

@KevR.

Looks how they jumbled the order of tasks, first should be last, creates a different 1st impression in that order..Also no mention of 5c needing a repair, and Its likely a leak between tanks

The Company is now focused on the following activities to address the defect in tank 4S, including:

· final inspections in ballast water tank 4P prior to returning this tank to service as part of the overall ballast and stability requirements for the FPSO;

· offloading crude oil from tank 5C to allow for cleaning and access to permit an inspection; and

· re-entry to 4S to finalise the inspection of the tank and carry out the necessary repair.

Wish they would just get to the details, I have another exactly the same, ..

What looks like a £70k buy has been printed late

Still playing typical AIM games, withholding details

If they needed to empty 5c to finish the inspection in 4s before repairs, then I would guess oil is leaking between the two, since the alarm was in 4s.. Maybe partly why 4c needed cleaning..

Also no mention of requiring repairs in 5c, just an inspection..

@KevR.

Looks how they jumbled the order of tasks, first should be last, creates a different 1st impression in that order..Also no mention of 5c needing a repair, and Its likely a leak between tanks

The Company is now focused on the following activities to address the defect in tank 4S, including:

· final inspections in ballast water tank 4P prior to returning this tank to service as part of the overall ballast and stability requirements for the FPSO;

· offloading crude oil from tank 5C to allow for cleaning and access to permit an inspection; and

· re-entry to 4S to finalise the inspection of the tank and carry out the necessary repair.

Looks like those 29p were pocket money school boy trades, but 30% rise in a week for JSE is unusual, never mind a morning..Its been let to fly too easy unless the institutionally selling has ended up in tight hands..

I dont know about the repair, no details, just a repair, .. 60 days been given for down time, in earlier update..

seems to me the defect could be a result of something in the other tank, and wonder if they are double or single skinned...Since an alarm went off in a water tank, and the adjoining is oil, so I suspect some form of contamination which has not been mentioned..

"The defects encountered pose no safety or structural risk, nor any risk of a hydrocarbon >leak to sea

On the BB around 26.5p talk suggested there was little stock available, yet the price was at a low point over recent days so there have been plenty of sales.. ??

Blooming missed opportunity though....

I could'nt see those bigger trades, so looked through the previous update, thought about the order and choice of words, and thought the market will see through that, its going to dip later as we wont know until next week the full repair, and its still climbing..

Probably because they have said there will be another update next week so buyers are considering the next rise, and getting in now.

Could be 30p around 3pm

At Metis, I am guessing thats a figure derived from data belonging to He1, I can't imagine brokers randomly quote figures like that..its high for such a play..