Member Info for Doorstop123

Wonder if it’s connected to Democrats doing well in the us mid-term elections

Once these shares are all out of the way then we can start the move towards a more realistic market cap. Quite a large % of shares to clear between their two holdings

Key metrics are surely multiples of ‘operating income’ & ‘cash flow’ when valuing a company - alongside decline rates

3.6 x noi

Similar decline rate

400 m stooip

Development and monetisation options being considered for Serenity

Puts our mcap on exactly 2 x noi this morning

All the best wishes Graham and wishing you a speedy recovery.

“The company is now shifting to the bankable feasibility study and currently selecting partners for the project.”

I think m&g held from their original stake in bcn. Clearly didn’t intend on holding long term!

Bullish

Shame there seems to be absolutely no interest with this one!! SP probably drifts lower when we should be many multiples of current price surely?

Pretty sure they’ll be announced separately. Should be a nice run of news over the next few weeks -there’s quite a strong list of rns’s in the pipeline!

Just a bit of patience required!

Best way to immediately realise value would be a company split.

Canadian assets in to a soley tsx listed production and development company and North Sea assets in to a uk listed expo/ appraisal/ development company - with a combination of cash from parent company and a partial raise on floatation.

Tsx listing will stay at current price even without serenity and could possibly re-rate in line with Canadian peers minus the complication of being dual-listed. Uk listed shares effectively free for current shareholders with plenty of potential upside.

Have other Canadian e&ps reported any numbers of interest so far? Sorry, just being very lazy!

With the right news, this could very quickly revert back to the 15.5p placing price and beyond.

Mgmt are being slow or careful & methodical & personally, I think it’s the latter.

Let’s hope for an upgraded feasibility study in the near future which takes in to account the rise in lithium prices and which will hopefully make the current mcap look very undervalued.

Certainly fallen a long way since nearly touching 30p a year ago.

30% drop from the price that HM invested £4m and the guy has a very strong record with investments …

Quite a few new faces spinning a negative yarn here recently - accompanied by a tick up in volume too..

Anton discussed timeframes for various milestones in his latest interview with q&a s. Probably be able to find it on YouTube.

I can’t remember who the interview was with but it was a couple of months or so ago. Was possibly rns’d at the time too though.

Gas prices taking another leg up to $7