Member Info for DanBrown83

Anyone wanting to buy shares here, i will take the money off you and give you 1% back (better than what you will get here)

very frustrating - i keep reviewing what we have Low Market Cap and a 7.5% Royalty on a small developing oil filed with the potential of Gas to be added to the scenario which is been developed really rapidly which in theory should generate millions of dollars in the next 6 months and we already have a very healthy cash balance, no risk of placing (more risk of dividends), we have DTU which is looking like the best technology in its field and Helios which albeit not commercial at this stage is showing great potential to be a billion dollar asset in due course I'm comfortable to add at this level and grow a holding

its weird they managed to trade it as there has not been enough sells to cover it off under this price - will be surprised a big delayed sell doesn't show next week to off set it else in my eyes the market has took some hit it also means they will be less likely to increase sale price above this figure until its cleared

Im not worried Its just likely everyones calculations are just based on 7.5% of Net revenues and everyone is trying to calculate our income depending on Flow Rates / Depletion and chances are we are getting extra revenues (probably significant in the next couple of years with the planned drilling) obviously reducing once the field is fully developed and just needs maintenance.

Does anyone know what we are getting paid as Operator? They keep stating this in RNS, as a minor shareholder i would now expect us to be charging as operator within the Direct Expenses?

Problem is the more the wait the more it drips the more the chances the next placing will be even lower than what i was originally thinking

i bought in originally on the original contract at circa 1.6p, i have topped up on the way up and had chance to sell at a decent profit when we nearly touched 3p, but my issue is, i have liked every bit of news to come from SML, COBRE SALES were brilliant and over double expectations, Leigh Creek looks a cracking project, Exploration Works ongoing and for the most part have been positive I think some people knew the contract was on hold at Cobre for a few months hence the SP drop, we are ok for monies in the medium term without COBRE - we at least can be thankful for that, seems strong market support at this range at least but there seemed to be that as well between 1.8p and 2p range prior - still think were a bragain at this price but hopefully the COBRE deal can be rectified soon

i listened to it last night, a major plus point is we are cash positive because of COBRE i think we should work with our customer as once permits in place, it would seem that the previous sales will commence so hopefully this Permit doesn't take too longin the interim I wish we knew more so we could understand who, what permit, where and for what, we could then judge the size of this contract .

PROFW will certainly be wrong with his prediction (66p to 132p) i will say albeit there will be nothing of worth left on Balance Sheet, the company will be in a stronger position moving forward so i'm happy to say 2p would be fair value until more is known on the position moving forward i have not seen Rocker's predictions on twitter so can't comment

first thing you got to remember - they don't own the Data centre's They built them, sold them for a profit years ago and then rented them off the new owner They are only selling the Trading Business of the renting of the Data Centres, which are currently about 30% occupied (that was last year and no further update on this) with a lot of tenants behind - as you mentioned there are some over 400 days behind terms They are selling this business for 35p, but a lot of the debts / cash will be wiped - you will be virtually left with a business with minimal cash but also minimal liablilities - almost a blank canvas to do what they did well and that was the design and build out of Commercial Property like these The sale needs to happen but don't think this company has �100m+ of assets and is going to make you a fortune and you have stumbled on a gem, its in a bad situation currently

PROFW was clueless - unless you think its good business sense to sell a �100m of asset for 35p was one of the highlights of 2017 watching him keep posting incorrect information

its frustrating and i still think until real progress on LCCM and we get notification of sales back on at COBRE then we will remain at this level it looks like 2019 will be the year to be holding - but we are in a strong cash position, we are not needing a placing so this is a sit back and let it settle - if you can, top up, anything at this range has got to be considered cheap in the Long Term

its amazing - in reality we had no chance of getting that many wells done in that time yet we are down - on an RNS saying we are getting income quicker

1. Customer put a hold oncontract for 3 months while waiting on Permit - that to me is just standard business dealings and i wouldn't be worried in the slightest, it actually gets me wondering what tonnage they will require once they get the permit, it also makes Q1 Cobre figure more impressive if there wasn't anything sold to them in March 2. LCCM was again quite dull nothing new except the target of production been put back a couple of months, nothing serious, no problems I don't understand why our market cap is so low, maybe we got to get LCCM up and running to see the real movement, we seen a good solid bounce from 1.45, people said there was a gap at 1.5 so hopefully we are now sat around the base for the SP to move upwards on.

it is interesting Still nothing for the average PI but im actually interested to see how this goes now last two days was just people buying thinking there was the possibility of getting some money from the sale when there was none, now we have the proposal of potentially a bidding war where the current creditors seem to proposing different bidders to the board - this is going to be very interesting to follow for the next couple of months

We are Blue

I feel sorry for Chris In my opinion this is only holding (he doesn't post in any other shares) and hes lost a lot, possibly too much ( i don't know his personal circumstances) He might get a chance to sell on a spike (Herencia has a history of spiking) and take some half decent money out - but a lot i going to depend on the next RNS in terms of fundraising - i will expect this to be done with more CLN's and at best 0.03 as a conversion price (imho) Who knows - La Serena sale may conclude and they get a few million in the bank and stave off dilution and drill a few more holes this summer

anybody buying this share. If you give me a �1, i will give you a penny back more than what you will get holding here

It’s nothing to do with FREEPORT!!! It’s our customer that needs the permit, not our producer

It’s actually immaterial, they are still contracted to purchase the same amount over the contract, giving them 2 month grace is a lot better than forcing there hand and ruining the contract, also we don’t need cash at this time, we have a cash balance and no need for interim funding, so all in all nothing to worry about, sure market will try and do something