Member Info for dai2belts

Its shocking, in the last 4-5 years he has earned a life time of workers wages, but cant afford the open offer, which all going well will allow him to earn another 10 years working mans wages... sends out a bad message...

OO aim £2.25M

Anyway reading this, suggesting £0.75M will take them to next year, they obviously dont think they are going to have a big take up... but will give another year..So thats how long we have to play and sub 1p opportunities..

"The net proceeds of the Placing, together with the Group's existing cash resources, are expected to provide the Company with the funds required to progress the Company's operations and active projects until 28 February 2024, at the minimum Placing size."

"Should a further £0.75 million be raised pursuant to the Placing and/or Open Offer, the additional proceeds are expected to provide the Company with sufficient funds to continue to progress the Company's operations and active projects to 30 June 2024"

"and, assuming the Open Offer is fully subscribed, the Company would EXPECT to have sufficient funding to take the Company, SHOULD active project milestones be delivered on currently ANTICIPATED timelines, through to the generation of profit and positive cashflows."

StockCheque, relentlessly defending QED, I have a suspicion JM did'nt take his full allocation as he is paying BB posters ;)

Now if I was skint, through bad money management or whatever and I was offered shares that I thought would be worth more next year because I had a big dealing coming my way, I would be tapping the other half for a loan... ??

It is obvious I am not talking average CEO wages...and reflecting on how many invested here, who are likely near the average workers wage, will have taken up their full allocation, while man on 10x their salary, a difference which exponentially increases year on year does'nt...

It really is a poor show,

One thing to watch with QED is the posters stance and the share price, its moving closer to a penny, and more postings are becoming negative, so if the OO offer is'nt real a success, expect a lot of company/CEO ridicule and a push to a penny, then I guess another positive mood swing...

Need to make a note of the extra time the raise cashed will buy..

Mind you the CEO has left himself open to it..

@HF, are you guys now looking at working this back to a penny, before getting all positive ?

Even worse when the others are getting to commercialize their offerings, and QED have been going for more than a decade

Https://www.maersk.com/news/articles/2023/04/26/maersk-welcomes-landmark-green-methanol-vessel-in-copenhagen-this-fall?exit=Newsletter

@KevR, Royal Mail using another company..

This seems to be the theme, other companies progressing while QED seem to be just jamming..

Without MSC publicly announcing the trial and buying the ship, I think the company would be about finished, failing to get adequate funding...

CEO 10x the national average salary, and he did'nt take his full OO entitlement, which was just £6250..

Supposedly so near the biggest deal in their history too, but then again any deal would be historic, ....

Supreme lifestyler £300K/year...contracts zero..

Maybe adding Lemon juice to fuel, marketing a little extra zing to motoring, and reversing into a shell company, the next venture..lol

Anyway, fingers crossed enough were interested in taking up the OO, just to buy time for next big bounce, ....

That was my reasoning, since I got on the wrong side of the price again, even though I was presented with option of getting out.....Not learning :(

With all the comments I had to take a look at his salary myself, more than 10x the national average, and he did'nt take x1 his option.. say no more :(

And using Nobles valuations Tai is a $1billion drill, P50

You have to leave it there until Lats gets 10 likes as your punishment lol

Nice you shared it with a few, anyway :)

I think He1 will have Lorna put something out, as they need to raise to appraise the well next year.. And thinking about it, although they need an EGM according to the BB, there maybe nothing stopping them raising in advance, and offering an open offer at the same terms to get that vote through.. I need to think about that though, maybe if current major holders, show little interest they can then proceed to offer new II..

With a discovery announced, and an open offer, the odds are in favor of any II flippers

Well I think KevR has shared some good historic info, I cant see how that is an attempt to take the share price down..

Any new investors, especially those with margin accounts, will be a little more aware of the risks, and volatility during a drill, especially how a good or a bad update affects the price..

That tweet was just a typo, forgot to update the depths from the previous week...

Damage was done, if you could'nt cover your margin,

I would be interested in knowing if some margin account brokers just close your position before giving you the opportunity to top up your account..?

I cant help but laugh, I was boring for hinting at a rampers continued incorrect predictions, and you accused of attempting to bring the price down, Latorres comment already has 8 likes..

I was accused of attempting talking down PRD on the He1 BB, when I was showing He1 has the same potential, especially based on the missing details in the update after logging the well, suggesting the market has some appetite for such risk

The Predator is the largest of Epirocs truck mounted rigs..

That was'nt for the other BB, the majority show no interest in anything other than ramping He1.

IG puts out stuff for comparison and gets little appreciation, at one time grief..

The BB has gone from a community, where on the weekends people talked other than He1, to the typical biased by the rampers,

Report your own post, saying its yours with incorrect information, and it will get deleted..

It will please a few, I see complaining you have motives, hopefully a few of the novices will see the chart before its deleted...

The news changed quick there, I wonder if any other businesses that have given up projects in Ireland will provide details of the difficulties they experienced

Share price, 1/2 price, maybe

https://invst.ly/10r54q

Worth a look

https://tvc-invdn-com.investing.com/data/tvc_0b627d11638f61361bd4c4f63821c423.png

Getting roughly the same prices as the BODs most recent purchases