Member Info for dai2belts

@Horult, 30% free shares, was that just from trading 0.65-0.7, how many times ?

Thats a great return :)

I have all my shares in an ISA.

Looks like I was to quick buying PRD, bid/ask 6.4/6.5, I paid 6.54, Finger nail biting time lol, thats we commission hits small trades...

My account is showing that I have 235 shares, and the average cost has doubled to 482.5106p, and I am at a 55% loss..

So have taken no account of the dividend payment, probably all done to accounting standards too

So do 212 keep that fractional show, reminds me of the comedy film, where a bank worker decides to collect all the fractions of a penny or cent the customers lost, it was millions and the bank noticed it all go missing, lol

Interesting JV could take 2-4 months to complete(may 2nd interview), time dependent on Norwegian authorities

https://www.lse.co.uk/media/LBE/longboat-energy-strike-stunning-jv-deal-with-japex-for-norwegian-sector-gas-and-oil-assets.html

Talking of 10,000- 20,000 bbls/day within 5 years

So from MC £11m to +£200M( JSE producing 10,000 MC £238M)

Q3 2023 Drill

2 x 2024 Drills

Longboat MC £11

JV Partner in Norwegian Licences looking to invest $150m

https://www.japex.co.jp/en/news/detail/20230502_01/

Noble, if this is the JV partner, then there is no hanging about,

https://www.youtube.com/watch?v=b9IilWd7vY4

Tm1, had all the CLN, death spiral type happenings, which probably took the price down, Dump then Pump

Thanks Horult,

I see you found the circular, I had not seen that, or it was not out at the time, and then I forget..

Its as you said, has examples in the frequently asked section page 15

Worth linking as it talks Divi tax too

Consolidation Divedend Doc

https://www.capricornenergy.com/umbraco/surface/media/mediaitem/501307-capricorn-circular?path=/media/3538/501307-capricorn-circular.pdf

Its as Horults examples,

page 15, point 12

https://www.capricornenergy.com/umbraco/surface/media/mediaitem/501307-capricorn-circular?path=/media/3538/501307-capricorn-circular.pdf

@KevR, what was happening when the joint broker came along and the price shot up ?

PRD, suggesting their new broker is for the development stage, probably hoping to stimulate the price..

Story seems to change..

Initially on discovery they were going to run extended testing, and sell the gas to market, compress and truck. So a cheap fast way to monetisation. Then they added a well to the plan and were going to become exporters of gas.

Now they have added another well, and JB..

So on development, a bigger funding base I guess

or maybe their current broker is struggling, but there always seems to buyers for the II's discounted shares.. 18M volume yesterday

https://invst.ly/102m0y

I guess at $18M, and 129400 carats, thats about £140/carat

Just picked up some PRD for 6.54p, placing was 5.7p..

Low was end of day yesterday, same today, just hope it climbs towards drilling, and no surprise fund raises before 7.5/8p

Low volume all afternoon so hopefully pause before rise, not sell off..

Testing and drill June, so a couple of weeks before next delay...

Industrial Mmmm..

I forgive the Author, unless he was ramping his own stock..

I write losts of rubbish too, like getting about £20 back for 10x CNE shares, after being paid 115p, so more like 99p..

@PortfolioPower, that would be trolling lol..

PRD, JointBroker announcement seems to have dried up the volume ...

My guess fractions will be sold, and money given to holder, as it would add up to quite a sum..

But not sure..

@Horult, the Diamonds are worth way more, maybe vastly more..

A diamond mining company that does'nt know their likely worth, MMMMmmm

That would allow them to be switched in the bank for lower grade, maybe..

A win win if Vast keeps the Diamonds but the Gov switched them lol

Previous auctions of Zimbabwean diamonds have fetched an average of about $400 per carat, but this rises to $12,000 per carat for exceptional items. As a low ballpark, consider that VAST’s diamonds are below average, and sell for $300 per carat. At 129,400 carats, that’s $38.82 million. Excluding expenses, investors are looking at a rough profit of $35 million — more than double the current market cap.

https://www.share-talk.com/vast-resources-shares-aimvast-diamonds-in-the-rough-my-cup-of-tea/

@KevR, I have 500 shares, but only because I thought I could get out without losing, especially when the buy backs started, but they stopped until after....

So I will get 500x 115p back, £575,

they will be consolidated at 70/33,, so 490 shared become 231, and 10 get sold on my behalf( i hope, maybe another ~£21.,)

Consolidation day share price was calculated on 228p I think, but probably be closer to 210p, but who knows..

214-115=99p

99x(70/33)=210p

Not sure the maths is right, but close enough

Also the buy back should start again, and add some support

Vast, its still going up..

So what happened to the mine these Diamonds came from ?

https://www.share-talk.com/vast-resources-shares-aimvast-diamonds-in-the-rough-my-cup-of-tea/

IOG, Nicely timed rise before the news, typical gap up and spike, but did'nt expect that on the news, and they are suspending Blyth 1, so this one is not a second producer, but a replacement/fix

GCat, Robbie hand all his share over to part pay a loan, plus more cash to handover,, and maybe fund raise ?

The Company paying US$600,000 by no later than five days after Placing Shares ("Placing Shares") are admitted to trading on the London Stock Exchange Main Market pursuant to the prospectus currently being prepared by the Company being published;

WBI, Banks protecting its own interests,

PRD, talking development, still not tested a well, new joint broker.

He1, were those the long lead items ordered alongside Predator

@PortfolioPower, only just seen your JSE post even though I have a post just after, and before..

I expect it to fall back a little

Campsite

Whats the locknessy thing to the left of the cars

https://goo.gl/maps/WaswaYBvtVHFaLBe9

WBI

Milton dumped all of their shares on the Sybank announcement, :(

May..

"Sydbank has verbally indicated that they would be open to working with the Company to at least the end of May to allow the development of a plan to refinance the balance. "

Sybank took $3.1m held in an account as partial payment, for the fully used $6m facility..

Had recently raised £3m, March, but has cash balances outside the Sydbank account of $430,000 and net trade receivables of $1.5m.

"Cash balance $4.6m as at 31st March 2023, post $3.4m net placing" ?( $1.1M cash somewhere)

So was that a Pump on a leak, Gabon sale ($15m) or a pump before another placing or just a pump