Member Info for DanBrown83

hes been pushed out and i'm expecting him to likely sell all in the next week or two (if it was me i would)
MM's will likely think something similar - it gives them the opportunity to make a good return
There does seem to be a lot of people willing to jump in just because the SP rises, the RNS was lodged probably an hour ago and the rise happened - the RNS has killed the short term spike

going to be a few people who have bought on that spike who are going to lose quite a bit
some round sells after the RNS and i wonder if it is Stefan - he will not of been allowed to sell until that TR1 was published for insider info rules

theres not been much volume
there was a gap from friday but i think MM's knew the RNS was coming and played on it
they will make good money on this
he has got loads left and he will likely be selling sooner rather than later which they will be aware of

i admit - good riddance for you guys when he sells all

Stefan selling some shares yesterday (50,000)
Not really news in relation to set the SP moving

wonder if there is some news thats leaked
volume still low in relative terms

from 22p to 20p

overhang must of cleared - very little volume on drop from from 23p to 20p

There's not been too much in volume under 17.5p in sells, there was bigger volume of sells at the 18p-18.5p range that need to be cleared before you can move forward

looks like someone is buying £4500 chunks
couple yesterday and a few more today

My revisions will be what i work too, everyone will try and put a NPV of greater than what it really is to try and make it look as attractive as possible

HP SAUCE - the $18m value is probably fair if a decent development appraisal can be produced from the AJE Partners, as promised Q1, then Q2 then ???
If the Operators don't believe viable, the current 2 wells will run dry in 2-3 years based on current boepd and the CPR report last month - this will generate circa $2-3m Net Revenue to ADME after the AJE partnerships costs, to be used to cover ADME's overheads.
So we wait on the appraisal on AJE - if a good development plan is in place, as per my post 11th June, with a half decent development plan - i can honestly give fair value at circa £10m ($13m USD) but i will revise this up or down when i see the plan, total CAPEX / FUNDING requirements and finance obligations and any cash calls to ADME that may be required.

People just need to understand mechanics of AIM
Share rises, people jump in, and mouth off this will be 10 x price in few months
price rises as people get excited and start ordering supercars
They then sell, price drops, investors are now cancelling orders on supercars and selling there decent cars
Pumped and Dumped by most that posted on here few months back
few that are left are probably on losses and i can't see news for months

I think its because its suspended and the information not been plugged in correctly to new website

Hopefully this Jam is realistic and is within the next few months can grow
This is a positive update, not a bad one, should be up but we have seen many of these over the years
50% down from 18p, may be time to lower my average (again)

It always happens in shares, both up and down
there wouldn't be any movement in price if you needed equivalent Trades to price
Do you think there was c£18 of share purchase when this went from c£2m to c£20m???
If you don't know mechanics of shares you shouldn't really be investing or at least look into the mechanics a bit more

agreed - Sheikh blocked it a AGM while current BOD are been removed
he will support when it suits him

im actually telling people that this news was always expected to be poor and in realty should be disregarded
its not a de-ramp - its just reality
i said the accounts would be crap last week but then was accused of having insider information - some people need to have common sense in expectations

I said the Accounts would be crap - they are
I said that the Uplift will likely be delayed as usual - unless RNS Monday to confirm then i will be correct
the AJE update for Further Development (due Q1 2019 / then Q2 2019) again is further delayed
I said that it will take time for the sheikh to make any material difference in the company - people on here were expecting massive changes virtually overnight - so far it looks like i'm correct as people on here already whining about time and delays and updates required.

Fact is AJE without any material improvement is worth a few million quid to ADME over the next couple of years, this hasn't changed fundamentally since March when the SP was circa 6-7p in today's money.

If you believe the Sheikh will make something of this company, switch off for a few months at least and see what he intends to do formally via an RNS

So Financials released as expected and they are crap (as expected)
This was always going to be the case so i can't understand why people get in a twist about it
No news on AJE Lift or the forward planning of AJE other than a brief comment saying expecting Development in 2020

im assuming MXO as Year End results due tomorrow
i would assume legally these need to be published here

The AJE uplift was stated to happen in June (so if its not RNS'd by monday its behind schedule again) as was an update on the development of the full AJE project due by end of Q2 (delayed from end of Q1 due to revisions in CPR) which again is tomorro

Neither of the AJE updates are in ADME's hands but its not a great way to start