Member Info for Daveklein

Some market participants express skepticism about the economic viability of processing titanite from the Pitfield project, questioning capital and operating costs, and whether a market exists for the specific product.

You feel we will be there by next week.

For a so called world class asset, looks like this is seriously overpriced. Looks like a market correction on the way.

September 2025, pretty fresh forecast.

Https://markets.investorschronicle.co.uk/data/equities/tearsheet/forecasts?s=EEE:LSE

Interesting to read online an analyst offering a 12-month price target in September 2025 expected the share price to fall to 3.20p from a price of 38.80p.

This seems excessive but makes you wonder.

On one of those recent interviews, Shaun Bunn was talking about taking samples round companies to drum up interest. It does sound rather amateurish. This has all the hallmarks to drift back to 20’s rather quickly.

You would expect more to be taking a stake in this discovery, seems a little odd for a so called world class asset. Something not quite right here.

I understand it’s disappointing.

Yes 20’s doable but the ceiling now looks 40. You ramped the pants off this as well.

This will struggle now to get much past placing price. Feel bad for anyone in at higher levels. Far too ramptastic on here.

£11.5M placings in 5 months, apparently Lenny has been in touch for advice for upcoming children in need.

More fundraising than bandaid… not good for shareholders.

That’s a buy given the price at the time.

Nice

Something doesn’t add up here. Another hyped up share with apparently huge resources but the SP is tanking. The usual if it sounds too good to be true….

This board has really gone to pot, talking about eating dogs now. People should be focusing on why the SP is rapidly heading south. Something doesn’t add up here, I think a lot of people going to wake up one morning soon to a devastating RNS which will wipe out their investment.

Conrad is engaged in discussions with a preferred candidate for the farm-down of some of its Participating Interest (“PI”) and related financing of the Duyung (“Duyung”) Production Sharing Contract (“PSC”) (Mako Field). Conrad is now focused on assisting the preferred candidate and lenders with due diligence with the aim of concluding an agreement this year.

Not long now…

Understandably there seems to be a lot of nervousness on here. Excellent post by Chid just flagging why if such a sure thing are people selling? I think we know the answer to that, this is risky as hell and funding is a big concern.

Always a classic sign the party is over as people wake up to the fact they have been caught up in the hype and the SP is only going one way…down.

As usual the rampers are to blame. Will be interesting to see how far this drops over the coming weeks.