Member Info for DavidBrent

Stop going on about 3p it may never happen, it's certainly not happening this month or January, stop trying to wish the price up its tedious. Its going to take something pretty spectacular to make this go anywhere different than where we are now, and nothing spectacular is going to happen, even if and when we strike, its not a spectacular surprise and will only start a load of wrangling. While that is going on the board will continue to dilute. This is not going anywhere because serious institutional investors know that.

Can't remember who asked me what legal battle, but anyway whoever it was, this legal battle.

As stated all this company can produce is more shares. Don't worry about any new assets they have acquired. Can anyone guess what they will be used to do? They just ensure Potter and Co can carry on living well without doing anything. Worked pretty well for the last 10yrs or so. Why change a plan that works

Keith. Taking the dog to the beach is the most sensible post I've heard in weeks here, and exactly the attitude to this share. I envey you your walk. Enjoy.

Not a worry either you are right and there will be no legal challenge, in which case you can gloat, or there will be a legal challenge, in which case I won't gloat.

Well no need to even debate really. Either we find and do get into a legal battle, or we find and extract without a legal battle. Let's wait and see shall we, but I know which I'd put my money on.

I have a very small investment here. It took my profit (small) when we hit 5.5 a few years ago, kept my original (small) investment, in those days not so long ago the c had prospects, it possibly still does, but not this side of a legal battle.

Thanks Harry, so just so we know. Do you think there will or won't be a legal challenge if hit the good stuff?

Does anyone think, if we strike oil there won't be a legal challenge to any drilling??? Come on be real a long legal battle, possibly a refurendum, this is years away from profit, and I can't imagine a major getting involved in an expensive legal battle.

My strategy is to do absolutely nothing, and don't expect anything, nothing new or surprising as happened here, we did expect this, so why would it go up? This company as been steered into a Cul de sac, by crap management. It's either find nothing, or fight a long legal battle. Which of those two options are you all so excited about?

Why is anyone expecting this to go up? Down is at least as likely. We don't know what they will find, we don't know what kind of legal battle they will face, but we do know they will issue more shares, and then more shares again. Why would it go up?

About the same as Friday, maybe a tiny bit higher, nothing significant either way.

As you asked I'm betting it will end Monday 2.6.

How many weekends running is this now that people wouldn't want to be out, and how many times running would it have made no difference. I've no idea where this will end next week, but if forced to bet I think we will end the year between 2.4 2.8 pretty much where we are now.

Rob I can afford to loose my investment, that's not a good reason not to point out the fact over optimisim can be expensive.

Cars You could be right, but how soon? Without a legal challenge? There as been far to much made of nothing about this drill, lots of nonsense spoken about where this share price is going in the immediate future. Its going nowhere for a long time, maybe if and when the inevitable legal battle is won, you will see what you hope for. Meanwhile nothing is happening here to cause excitement.

Hi Gibbon. The point is what ever the decision regarding going for the oil or not is that it will not happen without a long and expensive legal battle, doesn't really matter at this stage who wins. While it's happening this is going nowhere. I wouldn't be to optimistic about the other assets either, remember they are being managed by the same people who took over a decade driving this into a Cul de sac.

There's nothing but a long long long wait here. Find nothing, that speaks for itself, find something worthwhile it kicks off a long and expensive legal battle. It's been fun along the way, but no real money to be made here.

I just don't see, what changed after the signing, whatever the terms were, what changed after the signing that they didn't know about. I think the truth is that what this company produces really well is new share. It does it at the drop of a hat, and seems to know no other way of raising funds. Covid is a tragedy and to use it as excuse to do what they were going to do anyway stinks. Off course I could be wrong. In which case someone tells me what the unexpected extra costs were, that they didn't know about when signing the contract?

I know what it's called. You seem to be missing the point. I want to know what extra costs were caused by covid, that weren't forseen when the contract was signed. I can't think of anything they didn't already know and factor into the price agreed, but please do tell me what where the unforseen costs that justified raising extra money. Examples please.