Member Info for Danger_Mouse

Many thanks for this seen_it_done_it, and it looks like from the ticks up on your replay a few more people found it useful.

The next dividend 18.097p for those on the register in 4th May.

What do we expect on the second and last dividend of the year?

Do we take last years dividend and apply x% increase to work it out?

Money arrives in my AJBell account. Bought FTSE100 and if there is a recovery in the index I will sell and buy more aa4.

Not yet. Other stocks are falling so I am glad I replaced the stocks ahead of the distribution.

Don't kick yourself over something you have no control over.

Understanding the phycology of investing is a key to success and also mental health.

This will all blow over in days.

Looking at the past balance sheets of both JET (Just Eat) and ROO.

Plenty of revenues but negative margins even during the pandemic.

Where do we see profits combining from and will margins always be tight?

Love the net cash position here, but that's all I love right now.

We can't increase the dividend. The whole point is the spending transition and until that happens the dividend will not grow that much. Those wanting an income can buy BRWM.

The share price fell unfairly on Friday. Other than GLEN the other holdings held up well.

I think Snoop bought 463,596 shares yesterday.

I am just going to sit here and sell at 2.15p if the volume increases and buy back in when Snoop gets bearish again.

Cplloyd thank you very much for helping new investors to get up to speed. It is likely rates are here for longer and older investors may have to get used to equity raising in addition to the credit facility but happy to trust management to be able to make the right calls to maximise returns.

https://www.delticenergy.com/wp-content/uploads/2023/03/Corporate-Presentation-March-2023.pdf

Major-Tom, everything is more or less factored into a share price, but it is the unknown that surprises to the upside and results in re-ratings. I have an oil company JSE that I bought at 70p doing exactly the same thing with a strong BOD, a track record and a new credit facility.

If we have to be negative then its the interest rate that despite being high is not as high as say venture capitals are paying and we can always do a favourable equity raise if we get the share price up. Much depends on the cash costs of the projects I will looking at in detail. Large open-pit ideally, and copper.

Good RNS. As I am new I have no idea what the money is for, but implying an aggressive growth strategy. So many prospects I am looking forward to holding for the long run.... but I welcome traders who at the end of the day provide the liquidity.

Low-life volatility traders provide us with important liquidity. Let's be tolerant of them. We know the asset here and we know the enterprise value. No more is needed.

Good luck Tornadotony.

I am happy to have taken on the baton on the pull back. Net profit, dividend and growth.

AAZ will sit nicely with CAML and GLEN.

You can wait. Pound cost averaging is also an option.

Despite the small-cap, this is actually a proper investment where the share price movement is reflected in the cash flows. Unlike many AIM small caps at this price where the price is random. This will put off typical AIM investors.

What I do know from experience of these types of wells, if we get a duff well, the SP will only drop momentarily.... maybe for about 2-10 minutes after 8pm before recovering.

https://www.delticenergy.com/wp-content/uploads/2023/03/Corporate-Presentation-March-2023.pdf

Snoop

Market-sensitive information will be out in an RNS not a presentation.

" nothing the presentation we don't already know " not true to any new investor like me. Thank you.

These pullbacks are a great opportunity in mining today (maybe oil tomorrow... come on BP pullback!). I went to buy a small amount of GLEN but had fat fingers and bought more than wanted.

H2 this year should be strong as China opens up much slower than expected.

"Has anyone got any positive news about this company"

Yes bits of positive news:

1) The PI's here are getting peeved off and turned into net sellers. They were always here to sell before the drill results harking back to the good old days. This is good news as the company should be undervalued...

2) The market cap ignoring the millions in cash is £41m. This really is materially undervalued by a miles and miles. Well under the placing price.

3) UK gas price jumped +4.34% amongst a sea of red is a good indicator. Global gas surely bottomed now and at historic lows and up 3.90%.

4) For the first time ever, UK national grid is using its coal-fired emergency power plants this week. I added some coal via GLEN (Glencore) as well as buying in here today.

5) UK gas storage infrastructure still not gaining traction.

Awsome asset DELT has. Thanks for the opportunity.