Member Info for DanBrown83

$45 for oil is still really low - it is great that they got production costs lowered so there is a larger Gross Profit Margin and the last dip they didn't have to sell so they weren't affected by drop under $40
Been a weird couple of days, chat not working, last week shares in turmoil with lockdowns, vaccine progress has sparked a recovery in prices

Getting a lot of people on the pay packet now - was already a lot with all the appointments
either going to be too many wages and crippling or they are building one hell of a foundation for bigger projects

nice to see a large delayed buy though

its not actually a bad time for negative news - people selling anyway
its when you get positive news in this market and people still don't buy because they are wanting to hold cash instead of shares - someone is obviously offloading last couple of days - over 3m share sells compared to 150k buys (all because of wider market)
what you want is positive news when markets are just picking up so the effect is doubled

Wonder if there will be a TR1 - see who lost their bottle
lot of sells in last few days with the markets been in freefall

maybe a transfer of some sort
1.5m sold from one account but then purchased into another 10 seconds later
possibly them 100 share trades was something of a signal to say they were doing it to market so don't take price down

Some would say; they are secret codes and messages between the Market Makers

was at 6.25p the buy

I would assume typing error

1 really big buy today with lots of rounded sells
think its wait a few weeks and see what the next deal brings

SP rising and a 1 code - RNS and people know its good?

3 Leases terminated - do they still have option on Pastizal Option (Picachos was added to that) so unsure if that has now gone - they were well behind on the option payments on Pastizal (sounds like it is discontinued as they say they will be inactive in Chile)
So they are going to focus on Australia - but have nothing there / no cash to buy anything / no access to funds as I can't see Lind or Darius propping this up anymore
Value in my honest opinion - zero (only value is as a shell)

looks fine to me
wonder why it was created - usually they will set up a sub company for a specific project etc

The DBI agreement is the first sign of something that doesn't look correct in terms of trying to find out what they have done, who is the money behind them
everyone knows that Africa / Middle East has a lot of corruption and is difficult to deal with, one reason why AIM as a lot of African based companies is because there are a lot of resources in Africa (and when it works there is billions in revenue to be made) but it has a high failure rate as you need to know the right people, its all about the money and not who is the best

As i have said on this - its such a small percentage the company owns it is nominal
there are over 49million shares - ADME owns now under 0.4%
It would need to be a billion pound company before its anything meaningful (£20 a share) (£3.9m in value to ADME)

19:00 access to debt through middle eastern investor, can acquire assets and security to banks. One acquiistion in pipe to be used as test case.
Middle Eastern Investor now named
we would assume that does mean the first test case is close

See how it goes
This is the middle eastern money they were on about in recent communications
people will remember the Sheikh debacle previously so it wont skyrocket today
But if a deal comes across and its funded by Zubair and Trafigura with ADME managing it could be the start of something special

It did look like something was up

Something got to be up

A lot of rounded buys - following the pattern