Member Info for Dan1605

Just for transparency Notrex... are you currently in or out?

Just covering on all bases Notrex, you know how quick the naysayers are to jump on a statement. We've also seen licenses take weeks/months to be approved, nobody knows.

I've kept off this board all weekend to allow us for some reflection . On the face of it the termination of the Hurricane deal looks like the final nail on the coffin however it's probably not a bad move. If they had chose to proceed, the stalwart critics on this board would have questioned how ECR could afford it and the reality is, we can't. The stroke of genius here could come in the form of Kondaparinga, the fact they applied for this several weeks ago suggests this was all part of the plan and if this is awarded ECR has lost nothing. My thoughts on Victoria still remain unless the board can come up with something that gives them good reason for going back. Cancellation of the options is what it is, they were never going to be hit anyway. What is very clear here is the boards objective to preserve cash and avoid future dilution, for now. Those expecting a sell off tomorrow maybe disappointed. I admit, my take on this has changed since Friday. Will you be buying your £2997's with back Notrex for the third time lol?

If the plan is to go back to Victoria and re-drill Creswick/HR3 then yes it is. Lolworth is our only hope now.

The share options where at 1p Tamer, look at the sp. They can punch the air all they want, some of us know better.

Not sure Snip but I suspect Tang thought AH would dance to his tune. It's been suspected for years that Tang is all about Victoria and when AH pushed for QLD it all got a bit bitter. Tang is still very much pulling the strings and that will never change. I suspect it was part of the terms getting Mike and Nick on board, you can have a board position but we're going back to Victoria.

I wouldn't be surprised this drop lower than the placing price. Hurricane was their way out and they've just sealed the door. I've been in business for years and absolutely appreciate walking away from a bad deal but what has changed from the original terms? This has Tangs name written all over it and it's obvious now why AH walked. He wanted QLD and Tang didn't.

Jesus Tame, open your eyes for God sake. You can dress this up as much as you want, the market will crucify it on a Monday. Nobody would have take the options anyway, they have never bought a single share.

Final nail

I agree, that was the fact nal nail.

Wow! Firstly releasing this RNS after hours on a Friday is a total fu*king disgrace. Secondly, the fact that it now appears they are going back to Victoria is a frightening thought.

We might just sell that rig yet then....

The notrexfanclub account which was obviously a multi ID because it's had the boot. Last thing we need on the bb.

Nothing of any importance bud, just some wally who's trying to trade it for pennies.

Oh FFS. Just what we need, more junk accounts clogging the board.

These 3 trades are interesting,

10:53:20 0.2214 1,353,662 Buy* 0.2 0.23 2,997 O 

10:38:25 0.21999 1,362,441 Sell* 0.21 0.23 2,997 O 

16:29:54 0.2197 1,363,681 Buy* 0.21 0.22 2,996 O

In, out, shake it all about...

It's only taken 17 years Notrex. I'd like to think that i've seen it all during that but this market never fails to amaze. Thanks for the live pieces., that alone can sometimes tell you more than the order book.

MM still offering over the bid for large volumes, there's a bit of a battle going on.

Thought it was going below 0.175 1.4 boy?

On a sperate note, there appears (although still early to say for sure) to be a start of a reversal on the AIM chart.

The MM are happy to take those large trades at 0.19. We had two MM bidding for stock at.19 yesterday so there're likely to be a good size buy order getting filled.