Member Info for David85

Within the next 2 weeks volume will collapse to a measly 2-6 trades a day.

A reflection of a terribly run company in dire straits that the market ignores.

When you get a letter in the post about raising shares to pay the directors £100k+ salaries, rip it up and throw it in the bin.

BITCOIN is a better punt than this, $100k before 2025.

Atleast none of the proceeds go into paying thieving unworthy directors

Scotpak, ive only mentioned fundamentals, whilst you've illustrated you don't know what half the fundamentals even are.

Most people here Thumbs up the crap like "deltic is worth £200 billion", "broker note 88p"

I disagree Deltic being high risk high reward - its high risk low reward, As we saw last week, the only license currently in play found gas yet SP declined.

You demand Fundamentals, But when people post you dont wanna hear them, because they are against your narrative.

Ill tell you something Fundamental for your little peabrain.

Selene wont be in production within 4 years, As Deltic isn't a company in production with cash flows, in order to stay afloat they will have to raise cash, How do you propose they will do this?

It will be done via a capital raising relying on retail investors to foot the bill, this will cause MORE share dilution and drive the SP lower.

Thats something FUNDAMENTAL. Now its your turn?

SkipJackTuna, You're in disagreement with alot of ppl here, perhaps its you that's wrong?

When a post like "Deltic is worth £200billion" gets 5 Recommends, it shows the mindset of the wishful thinking en-masse

Not many want to hear the well-grounded rational view, but that's what determines a good investment.

Deltic mcap is

If you bought into the false hype, there will be another temporary rise, sell into it and exit.

This is a lifestyle company used to pay large director salaries.

The sp is falling, despite everybody saying opposite

That speaks for itself.

Scotpak As youre new here, il save you the effort, the other joint venture deltic got, the company capricorn walked away from over a year ago because they deemed "The north sea enviroment is no longer worth of investment"... After spending >£15m...

Do your research before you come here arguing with people like spike501 and myself who have been here for over 9 years.

you moron.

Scotpak re "Happy to be corrected on above, as Im still relatively new to this share."

We are all aware your completely new to this share, you do not know what you're talking about.

You dont know how AIM works in general. "Deltic going bust and having a zero mkt value is irrelevant."

Deltic needs cash to survive (pay directors £100k+ salaries etc)

As they are not a producing company, the only way they can get money is through joint venture deals or most commonly, via placings & share dilution(bad for long term holders)

Deltic has only gotten 3 joint deals over the last 10 years... the current one with Shell being in 2019 - Yes, the one you keep speaking highly off was signed 5 years ago yet they only drilled it 2 months ago.

Also you talk of deltics 25% of the lower resource estimate announced yesterday...

Add Labours 78% EPL Tax to Deltics 25% profit... you're left with 5.5%

Thats what Deltic is entitled to.

Also another damaging aspect of the EPL is that you can not offset Exploration costs against your tax costs... something Explorers utilized favorably for offsetting costs...

Shell and Dana are going to be aware of that.

But go on... tell us all how the 78% tax and removal of the exploration tax offsets are actuall benefical instead of detrimental... Because your a newbie dunce.

One thing you guys forget with your $60millions here and $200billion there, the gas is actually worth zero whilst its underground in the north sea.

Why would Dana or Shell pay £25m for Deltic when the marketcap isnt even £6.5m?

Before they take it private they would prob do a death spiral financing deal.

Why let 5 years of >£100k salary payments go to waste.

Only6greens, that wouldn't surprise me.

Islandgirl "Starmer isn't even left of centre."

I know, hes far left.

SWLC, never seen you on this board before, Did you mistakenly buy in only for it to fall?

I noticed you also hold Clon and Prem... My deepest sympathies... 3 terrible investment decisions.

Scotpak, I made one post stating that the RNS finding gas was a overall positive...

Hardly spending the morning ramping...

Earth, you didn't make the mistake thinking Kier Starmer was right wing did you?

After he called out "far right thuggery", Didn't you notice his silence when MP Mike Amesbury punched the civilian in the head 5 times...

Talk about Far Left Thuggery.

Its what the current uk far left gov take for doing absolutely nothing.

Shell has billions, They will delay knowing Deltic doesn't have any incoming cash flow aside from Raising's that any shareholder with a double digit IQ wont partake in as they are fed up with the last 10 years of Subscriptions.

Deltic eventually drops to sub 2p with marketcap of £2m - Shell then puts in 3p buy offer(50% premium to sp) and gets Deltics entire 25% stake in the licence.

@Justice2u re "£207 billion to delt @ .80p per therm of gas price"

On your over-optimistic inflated calculation - Did you factor in Labours 78% EPL tax on deltics 25%?

Rotten share

@Djmtrading91 re "A re rate will come there is stigma particularly in north sea assets"

Ye, a re-rate downwards, because nobody wants to operate in the north sea with the 78% tax on profits just re-enforced by Rachel Reeves Budget yesterday

One discovery proven in 10 years.

Know this bod, it will be another 10 years before they get any of it out.

They will probably wait until the EPL Tax rule changes 2030 before they extract.

Waste of time this share.

Selene Gas Discovery Confirmed! - This is the main good news.

Higher quality concentration means reduced cost.

now Shell & Dana need to expedite the development to get this asset producing.