Member Info for David85

Your having a laugh if you think a raising / placing takes place without dilution, Dilution occurs almost every single time, and thats why its bad for any current holders.

As for participating in the fund raising, you're having a laugh, I wont be putting anymore money into this rotten company.

G_G_G, they are not playing any high stakes game, as there isn't one to be had.

From the election results this month, Labour won a overwhelming majority of seats, taken from the conservative party.

Labour are very likely to win the coming election, which is going to have drastic unfavorable outcomes for UK O&G regulations.

Wouldn't surprise me if they try to stop-by-force any type of extraction at all.

The Labour parties supporter base hold incoherent views to their very own existence.

They believe everything in the world is unfair, they should be given everything on a plate, by default, automatically, without any resistance, and funnily enough, any "Labour"

This company doesnt provide any return on investment for its investors.

Its a shell to pay the BOD 6 figure salaries.

avoid

JackDiamonds, I will elaborate as you try to play the semantics game.

DELTIC isn't a producer of any Oil or Gas, its an exploration company at this stage(high risk), Therefore it wouldn't need to pay the 35% EPL Tax Levy recently introduced by UK government to all companies producing Oil & Gas in the UK.

In order for DELTIC to become a producer, they MUST find a partner who's willing to carry out most of the costs and work.

Therefore, DELTIC is indirectly effected by the EPL levy, as the producers they seek to attract have free reign in choosing the most favorable Jurisdictions to pour their money into, IE lower taxing, higher profiting.

David85, Lack of volume is lack of interest in the company.

As for my advice, The same applies to your advice, have you thought about that?

This is an open forum, as you post, I also post.

I appreciate you would like a one way street forum,all all posts are only bias, tilting any new investor into pilling money in this trashy company with the hope it lifts the SP, but that's not how it works.

DELTIC has roughly 14 days to find a partner for their Pensacola prospect, else the license is likely lost, Just like the 5 licenses last year when their previous Joint-Partner Capricorn decided to abandon $10m of work and leave the UK for Greece.

As Per RNS 30/4/24

https://www.lse.co.uk/rns/SCIR/notification-of-major-holdings-n1w3033xtgx1ys6.html

Dee12345... its just a investor who sells into the buying.

He ramps to encourage others.

Regular activity on these type of forums, thats why you dont invest emotionally.

Who's.

1984Investor, youve been repeating "Takeover imminent" for like 5 years, SOLG is struggling.

Its you whos thick as pig sh*t

Dreamboatwarrior, SOLG will eventually be bought for peanuts, and LTH wont receive their investment back.

This is the case with 95% of Exploration companies.

Invest in producing companies instead.

Of the grand total of only 20 DELTIC trades today

10 of them were within the value of £0-999

The other 10 were £1000 - £3154

A true reflection of the terrible state DELTIC is in...

JackDiamonds claims everything with DELTIC is great, yet the Share price and volume say opposite

Using basic Metrics, When things are great, the Shareprice will reflect this and rise, when things are not, it falls.

What is it doing?

Believe what lies you want. A fool and his money are soon parted.

JackDiamonds, you talk rubbish.

The reason so many O&G companies are pulling out of the UK, such as DELTICS very own Capricorn, is because of taxation such as the EPL.

You're delusional to try and spin it as a positive. its a Negative, but the fact your post got 4 uplikes demonstrates how easily lead retail investors are into parting with their money.

I am aware DELTIC isn't a producing company, therefore the EPL obviously doesn't apply, however DELTIC has been seeking to partner with producing companies for over 6 years now, therefore the less producing companies operating in the UK means the harder it will be to find a partner.

Prior to the EPL, UK O&G operating companies didnt have the EPL tax to pay, now they do.

Heavy taxation drives away companies to jurisdictions with less taxation. its not rocket science.

The lesson with this stock is to stop investing in junior exploration companies, because 19 out of 20 of them do not succeed, and your investment in most cases is severely reduced.

NoviceHunter, youve been waiting for SOLG to have its "theatre" day for 6 years.

No majors seem interested in Cascabel... They know its too big for SOLG to handle alone, and will wait for the SP to drop to pick it up for peanuts.

Only a few years back you guys were claiming £2, now youve lowered to 55p xD

This is the last time we invest in Slovenia.

Investment into this company doesnt increase the share price, it only pays for the board of directors salaries

Why am I an idiot for pointing out people on this forum have been saying a "Take over is just around the corner" for 6 years straight?

Its a fact, like I said truth hurts, just like the SOLG SP

Can tell I hit a nerve with Jezzoo and 1984Investor...

Truth Hurts doesnt it xD

Cascabel still hasnt attracted a partner in 6 years, but the usual rampers are here saying "its just around the corner" lol.

Previous CEO Nick Mather knew exactly how hard this was, hence why he stepped down.

This page full of £2 dreamers. yet the price only collapses lower and share dilution increases.

Wake up and put your hard earned into producing assets, not exploration crap like this.

Rishi Sunak introduced the 25% Energy Profits Levy in May 2022, applicable to all companies producing oil and gas in the UK or on the UK Continental Shelf.

Jeremy Hunt increased the levy to 35% in January 2023.

In the 2024 Budget it was announced it would remain in place until March 2029.

If you havnt worked it out for yourself, DELTIC and any partner(s) would be effected by this Levy.

This is a high risk company, getting worse by the month.

DrPatience "David85, I am up to date regarding the Capricorn JV licenses. The point being Delt has the work done. they get a chance to reapply"

But we don't have the licenses anymore, also no guarantee we will be re-granted them, or that DELTIC will re-apply.

DELTIC previously re-applied for a license it lost, and was refused.

This company is useless, its gone from having 6+ prospective targets, to 2, and in two weeks time likely down to 1 left.

If shell don't hit gas on the drill, any chance of return for long term holders is lost forever.