Member Info for dryland

lots to digest there...a top class comprehensive presentation IMO and certainly made things clearer for a Luddite like myself

all quiet on the western front.....tick tock

@iceslice BMN Q1 figures are due circa 22nd April....sp will no doubt increase in anticipation of extremely good results.

@ytss you obviously have no idea about BMN by that statement...might be worth a look...already making a lot of cash and expected ebitda of $150m this year. I know....an AIM company making a lot of cash...refreshing isn't it? Don't have to worry about drilling or clinical,trial results.....

apologies I missed that...will take that one on the chin :-)

@blowfly....you reckon the company will impart price sensitive information to any Tom Dick or Harriet that emails them...complete tosh

is slightly less...ask on HFX is 51.5p

Yes they did an it makes interesting reading here's a section of the ASX RNS... The mutual decision was reached following recent discussions with Po Valley�s tax advisers and the Australian Taxation Office, and receipt of the Independent Experts Report (�IER�). The IER was required under chapter 10 of the ASX listing rules. Following a number of discussions with the ATO, and having regard to the recent valuation of these shares, Po Valley�s tax advisers are of the view that a favorable class ruling to grant demerger relief to Po Valley shareholders will be unlikely for the in-specie distribution of the 200m Saffron shares. Furthermore, the Independent Expert, BDO Corporate Finance (WA) Pty Ltd, operating under ASIC guidelines, found that the abovementioned transaction was �neither fair nor reasonable� in particular as a result of the independent experts valuations of the Selva and Teodorico gasfields. Following receipt of the above information the Board of Po Valley informed the Board of Saffron that it would not be able to recommend the transaction to Po Valley shareholders and in accordance with the PVO sale and purchase agreement both parties agreed to mutually terminate the PVO sale and purchase agreement.

@vauch...I wasn't referring to you with my comments....just a general comment

@krynap....If you are including me in your d = droll nonsense you are way off the mark....oh and btw this share isn't controlled by MM's...the most elementary piece of research would have told you that.

Pxog don't have any revenue so how are they expected to buy assets/farm in to drills without raising cash? This is AIM ffs its littered with fund raising...some of it to fund BOD's lifestyle for sure but here we have bought into existing no assets....that's how small companies grow.

some people think they are a LTH if they bought in a month ago...then if the sp doesn't rocket pdq they sell out and run after the next flavour of the day. Happens all the time...in my experience fwiw if the fundies are strong (and they are here) I have made a lot more money by buying and holding. Value will out at some point. I suppose it all depends on what each individual's timescales are. Mine are till the eoy then will re-evaluate...maybe sooner if the underlying reasons I bought in change.

Where is your evidence for that?

From the RNS on the 2nd March..... Beaufort was the holder of warrants to buy 8,500,000 ordinary shares at 1.25p per share. Due to the administration under the terms of the warrant agreement the warrants have now lapsed. The Company is writing to the Joint Administrators of Beaufort and BACSL giving them notice of the lapse and termination of broker services agreement.

the MCAP is not even close to being of any interest to II's...way too small for them

https://www.stockopedia.com/content/can-you-beat-the-market-reading-stock-market-bulletin-boards-144414/

@scott I agree with you 3p is a good target and will take sometime to get there barring any crazy spikes etc. I don't take any notice of wild SP predictions I've been around AIM for quite a few years...you know trouble is on the way when posters start talking about visiting the Aston Martin garage. That said I had a particularly good year last year and am expecting the same this year with Pxog playing their part along with BMN.

Some on here have posted a possibility of 50p...not sure about that but I reckon this is the time to buy when the market and the BB is quiet prior to a lot of news flow. It may drop a bit further before news it may not but its not easy to catch the bottom unless you are very lucky. The prospects hear are very attractive and the consensus is its a multi bagger in waiting (as are all AIM shares according to the BB's) however there is a lot of substance here...great assets and a BOD who have form for delivering value.....I just hope they don't sell the company too soon. I would be happy with 3p+

People sell for lots of different reasons probably the main one is impatience. Secondly this has never been 60p.....max I can see is 3p where did you get 60p from?

totally agree the potential here is eye watering should everything go to plan