Member Info for dai2belts

@Pubcrawl, being so upbeat, I guess you have been playing this well, sold out and waiting for the bottom ..

the 50% drop since funding announcement suggests, 3x 20% drops; 1st conversion -20%, market -20% prediction drift, and conversion -20% .. once market stops correcting for next drop the fall should slow...

I was hoping there had been an interview suggesting the test would be ongoing and the helium sold.. as RNS sounds like flow, capture data and go home until next funding

Anybody else figure the conversion notice was likely the 27th, and discount ~19%

Is this just a pump flow test for £4m, or will they be capturing and selling ongoing test production ?

Notice how He1 did not give the discount based on the conversion date, but yesterday to present a 10% discount instead of ~20%..

the is nasty...

1st conversion 20% discount

2nd market predicts another 20% drop and price drifts

3rd conversion is now 20% discounted to new lower market price

3x 20% drops not two..

He1 is so traded it may not have the strength to hold between conversions, next conversion is likely 0.3?

I see upside potential, but with the CLN in play it could be from lower,..

But that upside could also be short lived, as there not much detail around the ESP testing, and what follows.. £4m to pop a pump down a ready drilled hole seems steep.. I think BCE drilled a sidetrack and fitted a pump for half that..

But my focus is near term, as plenty of LTH lost their shirts first trip to 0.2p, and even short term holders, remember the No rig update when they had actually purchased the Predator, and had all the logistics in place for a convoy to complete a +1000km journey... crashed the price ~50% Friday, new rig arrived on site Monday......... insiders loved that opportunity

Now there is a CLN for £10m to consider..

People need to be alert.. 3 investors, probably neither wanting to be last one out...

Just sucks how they lured 7p buyers just hours before shouting 5p, that will really blows Gex's credibility which was already shot, more fuel for the Trolls.. Must be plenty betting on sub raise price

So Panr is just to confirm successful drilling and confirming oil before testing, Mmmm less risky if appraising a known formation.. could see more upside.. I thought you took your profit ?

Matd , I am not sure about as they are looking for a acid to improve flow, would be worth reading zephyrs successful acid cleanup case for comparison

Watch QED, last placing was 3p, last updated was a bummer suggesting delays outside their control, basically waiting on the clients, no longer any expected dates given....

He1 , has dropped below 1st conversion price, and has been on a downtrend since announcing that £10m CLN, if each new low sees a 20% discounted conversion then it won't take long to set up for a multi bagger .. £10m CLN, to an explorer, wow

You should check the history, 3p to 0.25p...

Its not about the little investor, they are replaceable,

As for the remaining £9m not necessarily being converted, then how does the investor ensure their loaned money is safely back in the bank with a profit...its not charity

"I also would like to think the board will have done some scenario planning around possible share price moves post new finance plans being communicated and this leaves me thinking that a raft of news is about to follow soon."

If they raised £10m from the market there would be a bottom for this phase, likely the raise price but they took a CLN so the bottom is unknown, since announcing the CLN just £1m has been converted of 10m while the sp has lost almost 50%. Seems the BOD let the share price look after itself but haven't they mentioned that before

Holding for results ?

Yes, no details what so ever to the £1m donor but with 20m shares to shift I do wonder if this raise was worked back in May, as in forward sold while all the permit requests were submitted, and the dropped manufactured as its taken a long time for Calhamity to submit the extra or missing details to DEMIRS..

Or maybe the pump, meeting an investors condition that the price could still reach 7p which is likely with drilling granted RNS

Lol, Jims timelines have turned out fantasy over the years, but our new head belongs in a Quantum Engineering Development team. MSC both happening and not in the same article..

Think of the upside from 0.2p considering it traded above 1p for so long, and breached 3p previously..With the funder able to claim a 20% discount on each conversion and forward selling legal you need to watch the charts daily.. Might be keeping an eye on google finance too as its chart sometimes shows dark trades

No GEX style nonsense , drilling rig on site within 1 month of listing

MSC comments start present tense then shift to future, so maybe typo, maybe AI content

Quadrise has undertaken comprehensive testing of its fuels, including trials on seagoing vessels with leading ship management firm, MSC, in partnership with Cargill.

As part of the trials, MSAR and bioMSAR will be produced at a MAC2 facility in Antwerp, Belgium, using feedstocks provided by Cargill, which will then be used on MSC's Leandra container ship, later in the year.

Wow, GEX traders got well played..was trading low 5s

Yesterday 7am LOI sort of fluff. tick up

Today 7am MOU fluff, naming of party, tick up to 7p

Today 10:53 5p raise £1m

lucky it was not He1 otherwise it would have been carnage

Releasing news like that mocks those that bought the MOU update, but at least it wasn't a He1 style LTH slaughter

We will have to wait for the ships captain to return from 2026 FIFA World Cup if anything gets signed off this year...

16 may 2023

The vessel is currently in dry dock being prepared for testing, which is now expected to commence in Q4 2023.

Utah, whats the rush as there are the moment no known Msar customers any where..

Does sound like Sparkle is the best bet