Member Info for davidblack

Eased back now of strong sells?

Have the shorters come out to play?

Hopefully, as they give a nice boost to the stock on the way up.

That should be in the next few date or weeks as EQT gets added to the must have ESG stock lists for 2021. At around £100m market cap it should fit nicely into some of the niche emerging ESG technology funds plus it’s easily understandable unlike some ESG candidates.

And the Billingham deal to take control of that asset by the active players won’t hurt!

Also the US litigation probably was a headache for a few weeks and took a fair amount of management time and that now appears to be all but over. So back to useful things like project development.

And no one is going to go on any more IP from shingles expeditions against EQT from now on and clients will be very clear that they are buying into valuable IP not just a well polished version of a 100 year old methodology.

“The future is bright and in this case the future is really rubbish!”

The issue with that sort of number is the market cap, circa 7bn shares in issue and circa 500m+ options and warrants.

So £1bn diluted market cap would be 13p+

Getting rid of legacy directors should be on their to do list and replace them with some heavy duty “oil and gas guys” to emphasise to the energy funds that TXP is growing up would be very useful.

Only 5 bag? Some of them were expecting so much more!

Anyway what do they expect DP is a private equity guy at heart and “They” never say anything until it suits their defined agenda and keep “hot money” warm certainly isn’t on his agenda. More likely the opposite!

Some people are playing on very big leverage via CFDs and spread bets too so they are naturally very skittish on any down ticks.

And boy do the market makers understand that!

It’s just a normal process of “Mugging” weak holders for the MM’s although it probably doesn’t feel like that if you are the poor soul on the end of it.

My bottom bid guess was 1.08p, we will see? And then a thumping bounce so they can’t get back in cheap.

The hot money never got their “instant fix.”

Many thanks

A florin please.

Or even better half a crown?

Actually let’s make it easy six sixpences?

Happy to accept other heads of state on any notes too as long as it’s not a picture of Trump on the linen.

I never contacted the company so sounds like I will have to wait for the summaries!

What is the dial in number?

Age certainly does not imply wisdom, anyone over the age of 50 will happily acknowledge that.

But youth and arrogant stupidity are bosom friends for decades until experience kills one or either of those to qualities.

And lighten up on the optimists until you have seen what your first 10 or 15 bagger does to your portfolio and your conceptual horizons.

Yep but that £4.50 to £6 is for Christmas 2021 and assumes decent success at Royston in April/May.

My this years number was £1.48 which looks so able if the NGC deal is finalised.

All conjecture in the end but sometimes it’s good to put your thoughts down in hard numbers, as all who entered did.

I am pencilled in at 148p which looks still in the possible range.

But more importantly that would be a nice place to kick off the new year with a £4.50 to £6.00 target assuming Royston makes PB smile.

It’s been a pleasant year all with this board a nice place to hang out.

Well you bought these so that sounds like 90% right and the other 10% you can write off to not being a “God.”

I think that’s “The Buffoons” point Cascadura, Chinook and Coho are like insurance policies but ones that will pay out at three times the current price, if left alone.

Royston if it fails would be painful but any drop would simply increase the upside of that insurance policy.

But there would be some sadness and raised blood pressure along the way!

Cool handle Mr B!

No this trading is great, there are clearly some institutional small buyers who have been nibbling away at this ever since Deeside was announced.

They come in heavy early on.

Then back off as it moves up.

After which the price dips mid morning.

That fall caused by the “Fear of missing out sellers” exiting.

Shares then collected by those quiet institutions.

What’s not to like? It’s painless and efficient!

If there is something at the AGM or re Billingham things may of course change but it would be nice if this pattern continues right up to the year end.

Small moves up on a daily basis and loose holders gently exiting.

That strategy is the platform, with some good news added of course, for this stock to then quickly move up 50% or more in days. Just as it did earlier in the year.

The management have huge incentives in terms of options to avoid that fate until they are ready.

I believe David Palumbo would make £1.9m per penny above 0.25p. Issued when the shares we’re moribund and sub 0.2p so no one is allowed to complain!

So with that package they are not going to let this go cheap.

Yep that’s my take too, it could possibly double everything else found to date.

But as to whether it’s that big win or a complete dud we are going to have to wait 6 months before those results.

Now how do I book up on “Pro’s”

‘Do Nothing and keep Your Blood Pressure Down’

health course?

They found a few sellers which is good.
Apparently those charty people don’t approve of gaps!

Mind you the pause may not last long?