Member Info for Doc83

The concern has to be if MATD release there pre AGM operational update and we still don’t have the agreement signed and therefore zero revenue. That would be disastrous and would surely see us fall back heavily. MB would then have a difficult AGM to manage.

Hoping there has been a leak somewhere… we’ve certainly been leaky many times in the past. Of course, if the ops update is positive, then this might push on a bit more until the (IMO) inevitable raise.

Very often an ops update RNS prior to AGM...so who knows. But if it's to say "still no signature and revenue" then that won't be good.

"bad prophet was going to sell at 2p but looks like he is going to hold"

He actually said it "might" do for him. Not very good with the detail, eh, Mal.

"Doomsday Doc was predicting massive dilution before I put them in the compost bin, and that was four months ago"

Wrong. To my knowledge they can't do another raise before the AGM and resolution is passed.

BIXY, do explain? I recall I called that raise pretty well.

But yes, I've been clear - I fully expect a raise, ~640m shares. It's what price it goes for, but I'd guess somewhere around 40-50% discount to whatever the SP is when they announce it. As Thornogson says, if it's to get a few wells drilled and/or part of some JV agreement, not necessarily a bad thing. But the SP has to keep rising. Even at this 2p level, you really don't want a raise.

Pump pump pump away guys. If you can get this to 3-4p, I might even sell a few ;)

"You could be right, Majorsuccess. Looking more solid now."

Really? We're sat live at 1.70/1.90p.

Manx, a bizarre very small trade at 1.7p. All bent and corrupt.

200p?! Erm, yes!

It looks like I was overly optimistic. Down she goes.

IMO it was manipulated up to around 1.7/18p, after which it flashed up on the radar of the traders, and from there it really flew.

"Actually we're ticking back up atm - 1.88p on the bid."

1.80/1.90 bid offer currently. Just slowly being walked all the way back down.

The fact is that this went up through either a leak or manipulation. 50% rises in a day with no formal news is not normal. When no news drops, the SP typically drops.

4p guesses were laughable.

"Manx, I’m going to guess that we’ll initially rise a little before falling back to 1.8p. Just a guess. We need a firm, positive RNS because by the looks of it, it rose significantly on not a lot… there was no RNS, no news or scoops from Master82 etc."

Sadly, looking like this might be correct.

06-Mar-25 09:13:11 2.00 122,300 Buy* 1.90 2.00 2,446 O

06-Mar-25 09:12:54 1.965 200,000 Sell* 1.95 2.10 3,930 O

06-Mar-25 09:12:39 1.972 500,000 Sell* 1.95 2.10 9,860 O

06-Mar-25 09:12:20 1.972 100,000 Sell* 2.00 2.10 1,972 O

06-Mar-25 09:12:20 2.00 380 Sell* 2.00 2.10 7.60 O

06-Mar-25 09:12:16 2.043 44,689 Buy* 1.95 2.10 913.00 O

06-Mar-25 09:06:19 2.045 91,394 Buy* 1.95 2.10 1,869 O

06-Mar-25 09:04:48 2.048 7,324 Buy* 1.95 2.10 150.00 O

06-Mar-25 09:03:18 2.048 5,071 Buy* 1.95 2.10 103.85 O

06-Mar-25 09:02:20 2.0485 11,227 Buy* 1.95 2.10 229.99 O

06-Mar-25 09:01:41 2.0485 10,449 Buy* 1.95 2.10 214.05 O

06-Mar-25 09:01:22 2.0485 97,437 Buy* 1.95 2.10 1,996

Spot the difference between the shapes of the buys and the sells...

COPL was shorted.

GMC, what's the substance???

"2.50 and 2.60 still on the book"

Yes, and that's where those shares will sit, on the order book.

“ Huge volumes again. This is going to go up quite a bit today of these volumes of trade carry on!!”

Not if the volume is more sells than buys. Which is what we currently have.

Manx, we have the traders here now. They will be in and out very quickly… if there is no news, they’ll dump at the first sign of things falling back. Of course, they might help pump it up from here and we saw yesterday a genuine dearth of available stock happen to the SP when that happens.