Member Info for Doc83

I'm not sure there have been more sales. The midday ish £20k trade followed almost immediately by a £19.95k trade is blatantly a switch into an ISA. However, LSE simply shows trades that were nearer the bid than offer as sells.

You do talk utter conkers, Roxy! In recent days: "Rise now imminent. No question about that

Folks you are looking at 8p plus here."

"If the RNS is on its way tomorrow or Wednesday consider this at 8p as a minimum"

Today: "Operational update soon or not this is not an investment that will change fortunes overnight... The simple facts are that many have jumped here in the belief that a few quid can be made quickly and that an RNS will open the treasure trove."

I'm sure many would consider a 100% rise to be making a few quid quickly?

"If you think Matd can proceed regardless, then I would like for MB to state that. But he hasn't."

And that's the nub of it, right there. MB and MATD RNS's are always unclear/open to interpretation, as has been mentioned by several of the sensible/balanced posters on here.

“People still do not understand - Company do not need to RNS physical signature of Agreement if they have already RNSd Agreement.”

I’m not suggesting they should or should not. But it will absolutely be confirmed at the AGM/operational update if it has been signed or not. If the answer is yes, I fully expect a moderate rerate. If it’s no, well…

As Manx says, this is the key bit:

A land use agreement is now being prepared which, ONCE SIGNED, will allow 2024 operations to go ahead. Has it been signed? We'll find out soon!

"Do not know how they calculate there 'chance of good RNS' figures lol."

I assume that's aimed at me. I've not given a specific figure, but I'll put it another way for you - I think it is more likely we'll get an operational update at the AGM confirming we are still not quite there, i.e. more delays, rather you view that we'll get the green light to start producing oil. You think different, fair enough. Let's see who is right in a few weeks.

Sol - I certainly think we should be valued at more than £18m. But it might take a reasonably large catalyst to bring in the FOMO and volume needed to drive the SP considerably higher, at least in the short term. Longer term, if SW and POW keep doing what they're doing, I expect the SP to climb, slowly but surely. For now, I see it as an opportunity to load up where I can.

Thanks, Daniel.

Hi all, if I want to register my interest, how do I do this? I have been on the Twitter link, but nothing obvious on there. Do I contact the solicitors directly?

Supersport - I think we all just want to see 10p+ now. Maybe with the exception of Prof who wants to short!

Wigster - thanks, took the words right out of my mouth. There have been many instances of large falls following RNS's that have been about delays.

Supersport, just cast you eyes back to May 22nd last year. RNS wasn't actually that bad, but it was further delays. SP fell from 6p+ to I think mid 4's on the day, then continuing to fall into the 3's within a month.

Investor33 - I'm not saying that. I'm saying (IMO) I think it is now less than a 50% chance that MB will announce at the AGM that we are about to start producing oil, and that instead we are still facing delays.

Mid April and still nothing. The AGM has to be very positive, i.e. we are (or about to) start producing oil. Any further delays or excuses whatsoever will IMO mean the SP falling 30%+ on the day. And also very likely a raise. To reiterate for those with a sub par IQ - I do not want this to happen. But I am concerned and IMO now below a 50% chance that we’ll get the unequivocally good news we need at the AGM.

I’ll be amazed if the next AGM isn’t a closed shop.

Tommy - Can you post the link? For some reason it's showing the last tweet from Synairgen as being back in December.

TFG have 28.15%. I'm not sure why they didn't bother to spend the extra £185k to get up to 29.9%, given they must be in for c.£60m anyway. In any case, they could've bid for SNG a long time back and haven't.

As for a lowball offer, I know many on here have significant holdings and wouldn't give up their shares on the cheap. Given any bidder would need 90% of shareholders to agree, good luck with that.

Oh, and bear in mind MATD is down 18% over 1yr.

Exactly one year ago: “I know where MATD going 50-100p & how fast this move so just have relief to hold all my share already”

Sound familiar?!

“maybe some point next week we get to find out”

More slippage from Cyberplonk! It’s now maybe next week 🤦‍♂️

I am confident dividends are many years away, if they happen at all. And asking the question right now, MB will simply say they have no intention at this stage of paying dividends and all available cash will go back into the business to grow it.

Thanks, Wigster.

“…sponsored by the UK’s Department for Business and Trade (DBT), specialising in helping overseas companies set up and invest in the UK and assisting UK companies to succeed in global trade…”

This could still go pear-shaped. But also still plenty of positives that could happen. Our P2’s, Universal leading to something more, Janssen’s involvement, a platform trial, another pandemic, a curveball bid or one of Spacman’s many postulations. We’ll know soon.