Member Info for DannyQSee

… or risen!

For everyone selling there has to be someone buying so for me it isn’t really relevant.

The share price is now so low that even 5 million aren’t more than £20k so that’s also nothing to get excited about without any movement in the actual share price. It could just be brokers moving things between portfolios or tidy up trades that have to be reported.

Any meaningful re-rating of the shares will only happen with a change of management. The current lot has been completely unprofessional and fast and loose with the truth (to be polite).

The fact that the latest of very many share placings wasn’t underwritten by anyone tells volumes. Institutional investors have written this off after losing over 90% of their investment.

The very many promises (second mil, cerification, renewable energy, third commodity) haven’t been forgotten and have yet to be delivered.

What is the incentive for the board (which have very generously increased their percentage of ownership of the company during this total car crash of a performance) to raise the value of the shares by 5-800% and let us all participate? If they honestly believe the shares are that much undervalued they do a management buyout and keep the profit to themselves.

Granted they could be too thick to get this done, or more likely don’t see the value in it and don’t bother.

I don’t have more information than what’s publicly available, but when the share was 3p - everyone said it can’t get worse (and look where we are now). A company that doesn’t pay dividends and has a share price valuation of about 5million and 30million debt should raise a few red flags for any serious investor.

Always do your own research.

Market Capitalisation is now £5million. Whatever stake institutional investors had has been written off after a 90% loss.

If you look at the trading volume it’s negligible and it won’t take long until they realise it’s not worth the fees to be listed if they can’t drain anymore money out of individual investors.

Thinking about selling the CPO mil is complete garbage.

This is the only asset that works, although it has been neglected and there has virtually be no growth in the last 5-6 years.

What’s more likely here unfortunately is some weak excuse by the management to take the company private and delist. Existing shareholders who’ve been waiting 10 years to make a return will receive next to nothing while these muppets enjoy the fruit of our labour.

I’ve seen it too many times. This is an absolute no-go now and I would think very hard to poor anymore of your savings in it.

Remember that most people on here said at 3p it can’t go any lower… guess what we’re at 0.4p now

Another hungry mouth to feed and free shares to issue to!

This has become uninvestible. Even if there is not terrible news, there is no guarantee that the board is going to flock another 5 shares with a 50% discount which will destroy the share price.

Uninvestible!!

It’s difficult to proof fraud as you as shareholder ask management to run the company for you, so they are pretty much free to do what they think is best.

It’s a familiar pattern to create colourful PowerPoint presentations that promos the world, but never come true.

They are just plain useless. As manager it’s obviously more interesting to focus on new things (cashews, third commodity or energy) rather than complete what you first promise (more oil, second mill, certification).

It’s shameful that they are happy to waste our money, while getting paid regularly and hand themselves shares at crazy discounts. Even an intern would know to buy equipment you want to work from day one in Germany and not anywhere else and you don’t give a 50% discount on shares that are already 95% down.

Unfortunately they hold such a large percentage of the company that you can’t actually hold them to account or vote against anything the propose and unless they’ve shorted the shares or bought putt options before giving another 50% discount there isn’t anything you can do.

Poor results and very poor management.

It almost feels they are deliberately trying to keep the share price down and upsetting Retail

Investors.

It’s shocking to see a £1million loan paid off with shares that are floated with a 50% discount. - If they believe the company is doing well and stable they are basically giving the bank 100% extra - paid by retail shareholders.

Yes, if it comes good and the share price goes anywhere near the current 8p valuation you can say it’s all been worth it, but we’ve been waiting for it for almost 10 years while this incompetent management team gets paid every day.

Very frustrating and it’s put me right off this share whatever happens. It’s gone from an exciting project to the most annoying thing I’ve ever held.

Good time to average down, with a totally independent broker target of 8p it’s a multi bagger … it’s now or never!

If only they had focused more on the second mil in Guitry, since it was first pitched to investors in 2017!!

Fingers crossed we’re getting closer to the 8p valuation today.

Don’t worry the totally independent broker has given an 8p target… this time next year Rodney …

Just thought I’ll check in how much closer we are to the 8p target… reassuring to see I haven’t missed anything.

It’s gone up 4% … probably a good enough reason to issue a round of new shares!

Only about 700% to go to hit the broker valuation.

A Christmas miracle in the making!

I don’t want to be negative, but the cashew thing is a complete distraction and poorly executed. If you want the world’s most advanced manufacturing equipment you buy it in Germany not anywhere else. When Tesla faced production problems they had a complete production line flown in from Germany at a crazy expense… but it paid off and look where they are now.

In addition there were other things planned like a second mill, renewable energy from the waste … and so on. Turns out they were just fancy PowerPoint presentations. The ones missing are as always the retail shareholders while the board slowly award themselves shares and take over a decision making majority and it doesn’t matter what we think or write on these irrelevant chat boards.

Another update - another loss without explanation, without taking responsibility or consequences.

Poor poor poor

There wasn’t much trading going on and (probably due to the Russian sanctions) there wasn’t much activity, so in fairness there was no point having them listed on the exchange.

Since the new company got involved it was basically a play on how fast they can get FID and then sell the whole thing. The new board persistently stated they see the value at 45p so I trust them to make that happen and pay the rest of us off once they get the money.

- But you are right they could keep this shell going and waste all funds they eventually get on salaries and then fold the thing.

They did hit around £1.3 briefly when a takeover bid was mentioned, but the old board wanted to keep the gravy train running so they could get £100k salaries for years without ever delivering anything or producing a single barrel.

It is shocking that individual investors lost all their money while most involved in senior management became millionaires, but unfortunately you can’t claw the money back as it was paid as salary.