Member Info for Dan1605

I can get a quote for 999k over the bid - yesterday they were offering 1.2m which is the best i've seen it for months. Once we start getting one or two decent buys going though others will follow, it's the usual case for this share.

Certainly interesting, on big purchases the Chinese typically request payment upfront or at least 30

% deposit but we don't know what deal they agreed with Craig. I suspect there would have been a final payment on shipment which hasn't been paid as you have suggested, this may been where the comment regarding the shipping delay came from. This would certainly leave a bitter taste especially if goods were ready.

I would expect volume to increase around this level, good to see the sp snap back when they dropped the ask .75. I took another 400k which went to NT. MM were also happy to take 1.2m above the bid - not seen that for a few weeks.

Listening to the latest interview again it sounds to me that the 2nd drill hasn't been ordered. Pretty sure we were told that this was on the dock awaiting shipment which cannot possibly be true as there is no way a shipping line would leave this for 12 months without a cost. Just another reason why trust has been shot to sh*t in this company over the years. It might explain why the Chinese are selling out, a cancelled order and broken relationship. It feels like we're starting to rebuild some trust, Andrew does not come over as a bull****t*r.

I've taken another 400k, i'm holding just over 4m now.

I agree with everything you've said. We're now in an area where you'd expect a bounce, if it doesn't then it will slip much further. It's beggars belief why there is no interest at this level.

We can't do much else at the moment other than site this out, likewise we can't ask for more from the BOD. They have openly addressed placing concerns and pulled an interview together quickly with Andrew H as requested. Yes there is a seller but every share has a seller, the problem here is we don't have any buyers. probably through lack of sentiment and or excitement. The attention at the moment is on O&G stocks. Our time will come but at what price we'll be by then who knows. We've all agreed that HR3 is now irrelevant but the missing assays results might just pop us up until news lands from Queensland/Bluemoon.

I hope so but doubt it as it doesn't suit their agenda. The media aren't interested in positive news, they like to peddle negativity to keep people hooked.

We'll have to agree to disagree on the JV's Mental, I'm suspect there were interested parties but they certainly weren't scrambling to take a piece. Craig was a great guy but he lost a lot of respect over the placing, at that point investors began to realise that the story wasn't as it was perceived to be. Not sure on cause of death but he lost a lot of weight quickly so not sure if he had health issues or it was stress related. He clearly had a plan and saw an opportunity with the properties. But I stand by what I said about our current position, we are having to rebuild from the ground and the lack of interest here demonstrates moral surrounding the company.

A lot of what CB said was spin, I don't want to speak ill of the dead and Craig was a great guy but let's be honest a lot of it was b*ll****. We're in a situation now whereby we're paying for years of false promise. It depends what you want, a spike or a strong business with plenty of prospect because anybody can say that the phones are ringing of the hook to add 2p to the sp. What I will say is that the team need to work on their comms, the interviews so far have been shoddy. Podcasts need to be done by those who have experience , it's clear that Adam gets nervous plus we're paying Andrew to do the comms not Alan Green. Get a sharp, detailed, polished interview out by both Andrews and watch this recover.

There's is nothing happening here that a bit of decent buying wouldn't sort out. The MM are keen to tick this up and I'm sure they want this to move as much as we do but they can't push it up unless they get the buys. It's case of waiting until interest returns or Colin/Phil dip back into their pockets.

Just to add, the BOD will have a good idea who it is through the share register and discussions that may have turned sour but there aint many TR1 holders.

A fair few have been flipped over 1.10. The total could be more when you start adding in the 500k's etc. I agree with you, it's possible that discussions were had with the BOD after Craigs death that didn't end well, they were close to Craig. I'd like to think that the selling is coming to an end with the increased pace and loss if it is them. We need buyers.

I've bene back as far as January and counted 31m in 1m sells, this is not to say it's the same seller but the trades have been persistent. They began to pick up pace in July.

I don't think Craig Brown held that many shares. My money is on the Chinese and I know Gino has mentioned this previously. The selling has been going on for months, drip feed the odd 1m into the market. When I get chance I'll look back and add them up but from what i've quickly counted it's approaching 9m since May and that's only straight 1m trades.

Not at all :) I also remember you - one of the good gang!

ScarletVixen - I remember you from Twitter and you were full of s*it then.

I believe his last appearance was the investor show. What concerns me here is the lack of interest, we could handle these sells should we have buyers.

I don't think it is, if you look back it's been happening for a while. I thought it might be the 1p warrant sellers as the selling seem to stop just above 1p for a while. Warrant holders or the Chinese imo.

I think it's a bit more than that Bitcoin. These sells aren't PI imo and it's the lack of interest that is concerning, whether low volume or not if there are more buys than sells this will continue to drop. The question is at what point do investors start to become interested and buy in? The stock is starting to feel very much like a one trick pony and what's worse we don't have a pot to p*iss in. I said I would give the new guy a chance and I will but I'm far from happy and I don't believe for a minute that Colin and Phil are either.

Looking back the selling goes back as far as May and possibly earlier, there has been regular 1m sells since. It's likely that Colin/Phil were absorbing these sells thus supporting the sp to some extent. We may not have seen that many recently due to the low volume but if you look back there are certainly there, at least one a week. I wouldn't like to think it's Colin, this would make the BOD look very stupid after their "Colin is happy" line.