Member Info for David85

Ekimp, potential investors dont read every single RNS the company has issued.

Ekimp, I repeat it because people like JackDiamonds try to convince others that the company is performing superb, because he wants to dupe others into buying shares.

Lets say it how it is, the companies in a absolutely terrible position, The share price is likely to collapse further when the bad news is issues within the next 6 trading days.

Https://www.bbc.co.uk/news/live/uk-politics-69042935

July 4th officially announced.

As Conservative lost over 400 seats in last months preliminary, its blatantly now clear that Labour are going to take control of UK government...

As per DELTICS very own rns 30/4/2024

https://www.lse.co.uk/rns/DELT/pensacola-update-soxmfg025hjejdl.html

the Energy Profits Levy and resultant fiscal uncertainty created by the current government, along with recent rhetoric emanating from the Labour Party, have had a severely negative effect on the ability of UK Exploration and Production (E&P) companies to commit to long term investments in the North Sea. This has resulted in many operators diverting capital away from the UKCS or delaying investment decisions, especially with respect to new large-scale opportunities like Pensacola.

Against this hostile political environment.

DO YOU READ THAT JACKDIAMONDS?

Those are not my words, They are DELTICS "contribution" xD you utter baboon.

Shareprice will be crashing again soon just like I predicated. Pensacola is lost

JackDiamonds "I always find a quick assessment of a posters profile speaks volumes. "

Do you do any assessment of the actual share price? it speaks volumes.

As do the last 8 RNS here issued from the company(NOT ME)

Many of my posts are actual DELTICS wording you clown, DELTIC states the Energy Levy from the UK government is ruining the business.

Youre clearly an Ar*eLick deltic fanboy, To you anything they do is positive.

Il tell you what isnt positive.

DELTIC has lost 5+ licenses within the last 24 months, they have less than 8 days to announce a partner for Pensacola or that's another license lost.

You're a delusional ramper who wants to bury his head in the sand over any post thats not pro-deltic.

This company does nothing all day, thats a FACT!

The BOD do not deserve six figure salaries for the poor performance of the company over the last 6 years tbh

To warrant 6 figure salaries??

This is a serious question, they do hardly anything but sit in the office waiting for en email to appear with good news.

Atleast that way, the buying company can sack most of the deltic staff and leave the tiny amount of work that needs doing to another already-employed person.

Graham Swindells :

The Energy Profits Levy and resultant fiscal uncertainty created by the current government, along with recent rhetoric emanating from the Labour Party, have had a severely negative effect on the ability of UK Exploration and Production (E&P) companies to commit to long term investments in the North Sea.

This has resulted in many operators diverting capital away from the UKCS or delaying investment decisions, especially with respect to new large-scale opportunities like Pensacola.

Against this hostile political environment, and despite the Company's best efforts, Deltic have not yet been able to secure a farm-out partner for Pensacola

Source : https://www.lse.co.uk/rns/DELT/pensacola-update-soxmfg025hjejdl.html

Or deltic lose another license...

Leaving only Selene left, of which deltic gave away 50% to shell and 25% to Dana...

If that drill doesn't produce anything good, the sp will be sub 6p

DrPatience.

If each exploration step builds value, why has CLNR/DELTIC been valued between £11m and £13m for the last 8 years?

Despite farm-in partners, Licenses, Surveys, Work, etc, All coming and going?

Clearly its you who doesn't have a clue how things work.

Butcher-boy, Why would any company buy Deltic?

They dont have anything aside from licenses that are given out for free by NSTA at the Offshore Licensing Round.

They dont produce anything, and with a £13m marketcap, are very overvalued.

How are DELTIC in anyway worth £13million? The obviuos commenters are going to reply "We have licence a,b,c..." in which case almost every company with licences are worth millions, Despite each licence requiring years of work, £10m+ of work done, partners to carry costs, etc...

DELTIC looks like more and more of a shell company disguised for some other job.

ripley94, why would you buy at 14p when its going to 6p, as per trading patterns, you're trying to catch a falling knife.

Personally I dont believe you bought anything, the next buy you do post the share count before you buy and we can confirm it in the order book after.

Recall youve been here for a while MD.

Everybody said Robin was a scumbag, He even employed the perma-ramper TrickyDickyTwo.

Noticed how hes stopped posting.

Many Exploration companies on AIM are simply Fraud and Con jobs.

Lesson learnt to only invest in producers, atleast you keep your capital and earn ontop.

Robin knew AMC would never manifest into a reality, shareholders were duped

Total of 3 trades today.

LOL

You shouldn't pay any attention to broker notes, thats what gets retail investors into these messes... They mean nothing and only persuade retail investors into parting with their hard earned.

Wasnt it AllenBy who provided CLNR/DELTICS broker notes? All have unperformed and compltely useless.

Stas20, ignore neil, he only wants to hear positive news, burys head in sand at anything negative(Yes, Even if its gospel)

Its like a cross generational eclipse of watching land get planning permission, building development, and eventually demolished.

Thats how long your expected to wait for Cascabel to be sold off.

Matthew, re your comment "what has happened"

Aside from Deltic losing 5 licences that where a main basis for investment for years, nothing has happened, and thats why the shareprice is so low.

Hang about though, as in 9 days or less they are likely to announce they have lost another license.

That will leave Deltics only play in Licence P2437 left, its a coin flip, if that goes balls up your investment will be worth about 3% of what you paid for it.

Or if labour government get in Shell may even pull away completely...

Whats the point committing millions to drill if your not going to be allowed to extract?

This isn't far off as Capricorn did just that back in July 2023, see RNS Below

https://www.lse.co.uk/rns/DELT/update-on-capricorn-energy-jv-licences-8cbwrh124v5fon2.html

FTJNY and Byron, SOLGS most die hard rampers.

As if SOLG will delist just because of a chinese BID, you guys live inside a echo chamber, and bury you head in the sands about anything non-positive.

Tensions between the west and China/Russia are growing monthly, Its unlikely china will entertain new ventures when sanctions are being applied to them and there partners, they are not idiots, they don't part with their money into bad investments like you two do!

BadA, you certainly couldnt, that's why your stuck here in limbo.

Youre a disgrace, Trying to ramp a share thats ROTTEN!

You only have to look at the share price, RNS, investor sentiment here and elsewhere.

Norfolk, I have multiple positions taken in old money myself.

I wont be putting a single penny more in. Any retail investor putting money into this shambles are only encouraging the directors... They must saw to each other in the office "We must be doing something right, these dimlows are lapping up the shares, hooray henry!"

Whilst your on the subject of old money pricing - Share consolidations are a way for the company to conceal placing after placing (Ie dilutions), only bad news for investors.

The BOD of this company are useless, I suspect algy cluff saw this coming and didnt want his name associated with the company.

Norfolk, you're having a laugh, this company took years to secure Capricorn as a farm in partner, then lost the partner and had the 5 licenses revoked.

Deltic now has two main targets in sight, of which one(Pensacola) is about to be lost in 10 days if no partner or deal is announced.

As for the end game... your relying on one target to come to fruition... Might aswell save yourself all the years of headache and go to your nearest casino and play blackjack, at-least you will be the one deciding the moves to make, rather than Deltics lousy board of directors.

This share can easily hit 6p in the coming weeks, company has done nothing aside from office work in 7 years, most of the directors on the other hand have received nice 6 figure salaries... at shareholders expense.