Member Info for Desertsands

Millennium International increased their short position yesterday….. let’s hope the timing isn’t significant. Something needs to give this sp a good ol’ nudge

Hoping there is something within the update to shift the share price….. it seems to need a bit of a nudge…..

Oh well, at least I no longer have to worry about whether or not to cash out at breakeven because thanks to the roaring success of the capital events day, I’m no longer anywhere near that point.

Every Silverlining has a cloud and all that…….🙄

I know it’s Andrew Bailey but worth noting perhaps……Lipstick effect notwithstanding, of course 🙂

https://www.telegraph.co.uk/business/2023/11/21/ftse-100-markets-news-public-sector-borrowing-figures-lates/

Https://www.telegraph.co.uk/business/2023/11/21/ftse-100-markets-news-public-sector-borrowing-figures-lates/

I know it’s Andrew Bailey but worth noting, perhaps……

Https://www.theguardian.com/commentisfree/2023/nov/21/why-do-we-irrationally-spend-money-on-things-we-cannot-afford-during-a-cost-of-living-crisis

I can remember this topic being robustly discussed on this bb by several gents when talking about their wife's spending, last year.

Take a bow guys...... You were spot on!

Morning everyone

It seems the immediate aftermath of emotion after yesterday’s rns has settled a bit and some perspective is being regained. Not what the vast majority of us wanted to read but here we ….. some bugged out, others retrenched and still others let the dust settle before making any decisions as to their position.

I know a bb is for a platform for diverse views, which is a good thing, and quite rightly so, but I’d like to respectfully ask -because I genuinely cannot fathom - Cocobeans - why are you here? Your posts consist mainly of accusations of lying - one could say borderline fraud perpetrated by the company. Over and over. I get that you’re not convinced but surely a plethora of the same accusation reiterated ad nauseum is just nuisance value. You have made your position crystal clear - why not move on?

Dividends will only be restored when the debt is reduced - the rns states

“ Commitment to dividends once our balance sheet and investment plans are secure.“

“ Our plans to maximise total shareholder returns from earnings growth, an ordinary dividend and additional shareholder returns, underpinned by a strong balance sheet”

Need to improve the balance sheet first……

Good to see…… this is not an overnight gains company but is so very undervalued at the current sp.

@stu7 on X (prev Twitter)

Director of Tradus Ltd AND Hawthorne Holdings Ltd (dormant), both with share capital of £100

All the negatives have come from the rig issues & subsequent delays.

Sort the rig, delays disappear. Sentiment increases and its back to the original objective of proving a commercial discovery.

Isn’t that what we all signed up for?

It’s very lazy ‘journalism’ to say the least…… cut & paste across the board with no mention of EY audit being completed. Think the sp holding up says it all.

When this first reared it’s ugly head the share price ultimately dropped below £2.

Hang on in a minute

“ delighted……to acquire a full set of wireline logs” in one paragraph followed by “disappointing….unable to run wireline further into basement target”

So are we delighted or disappointed. …… it surely doesn’t have to be this obfuscated.

Gold girl, HappytobeMike

So I’m not alone …..sounds awful to be happy to be underwater with company but it does actually help the old sentiment. We can bob along together

Know any good jokes?

Maybe not….. too soon perhaps

Wake up Pearls - you’re missing all the fun - it’s a good day to be in Cirata 😃

Have a good one everybody

I could do with averaging down….. alas …..

APH01. “ The Cong has just been spotted speeding through Manchester in the F1 car.”

Hahahaha😂

Morning everyone

Hope you all had a good weekend. LagunaB - we’ve exchanged messages before - hope all is well.

Have any of you by any chance checked Companies House re Mast Energy & Louis Coetzee?

https://find-and-update.company-information.service.gov.uk/company/10511905

https://find-and-update.company-information.service.gov.uk/officers/U2S5_8hQtvBK0keqHV9OMbC5drY/appointments

Odd, wouldn’t you say. Just wondering what you make of it.

Have a good one everbody

No….. still lurking in the shadows. This is old news Charles…..from earlier in the year.

Again….. it’s the same article regurgitated by This is Money….. no change to Shadowfall’s short position and nothing new.

No option to comment - not that they’d publish it anyway.

Move along. Nothing to see here