Member Info for Early_Bird

These sorts of plays used to be my bread and butter.. easy money if you can just sit on your hands as the catalyst drawers closer

just £28m Mcap, will keep churning higher towards spud as anticipation builds
with 95% COS and net NPV of $167m (at $50 oil price) circa $240m at current $70 OP (CEO stated 50% higher at current OP)

RvR so highly skewed in favour of reward that price naturally needs to equalise much higher by spud.. IMO 5p area.

beauty with AIM is its a casino where you can gear the odds in your favour

hopefully Akers and his buddies mopping up these levels.. 14/15p looks like very firm support here now. Expect could see this trading back towards 20p as dust settles

in for free meaning the market is pricing their expertise at 0.... they bought on market 10% higher than this price

MCap pretty much fully backed up by cash at this level, ex Tullow CEO and management aligned and in for free. Im pretty sure theyll have some very nice contacts to source attractive O&G deals.. RvR pretty unbeatable here.

Overhang starting to thin out here now, what a cracking opportunity to take a seat here 10% lower than all the big backers in the $30m raise.

95% COS
“…. free cash flow (FCF) of US$276 million in the first 12 months at an oil price $50, the majority of which would be net to Advance.” following field development.

Drill fully funded and due to spud October.. id expect position takers to drive the MCap to £50m+ by then as the size of the prize vs Mcap offers great RvR

https://www.ft.com/content/837dca08-d6fa-4336-bc31-add202b1e372

...someone tell AMTE! lol

hopefully we can start the journey back to fairer value!

Imminently..

https://twitter.com/TraderjohnBaker/status/1404654743843184640?s=20

not forgetting £700k in BOOM shares and is also owed £1m+ interest and is looking to sell the core business for further cash too

Yep these are the times to buy these stocks when theyre priced at EV and sentiment on the floor, time to sell them is when everyone is shouting about them and trading multiples of the EV...

Akers will have a plan here, it wouldnt surprise me if he has been adding at this level. If you look at what he achieved with AAA, all these stocks had big dips before the big move.

hopefully SP can finally breathe again, people were piling in 330p not long ago and nothings changed since apart from a new JV over in AUS!

Placing IPO at 175p was many times oversubscribed.

took a few at 14.75 / £5m Cap.

At some point this has to bounce.. £2m in cash, £500k in BOOM shares, is owed £1m+interest and business worth say £2m.

Akers Shell historically trade multiples of EV.

Lets see... certainly better RvR here than its ever been before

im amazed thats even allowed that a director can sell pre placing announcement? Feel sorry for holders here

Its just the market capitulating here, totally irrational to be selling at all time lows, historically these are always buy opportunities.. here the company is cashed up and sounds like theyre up to exciting tie ups. Remember their battery cells will start to be tested with some of the big named car brands this quarter which id expect will start to bring a big spotlight to this company. As of yet its very under the radar.

Been an entity selling here pinning the book down for the past few months but therein lies the opportunity at this price IMO. Lots of news due and sooner or later I can see this popping. As always people will wait for it to be back to 3p before buying

its Teeing them up for the juicy stuff....

"Kevin Brundish, Chief Executive Officer of AMTE Power, said: "We are at an exciting point in the development of our portfolio of innovative battery cells. Most recently, we were chosen by the UK Government's Advanced Propulsion Centre to lead a new automotive battery cell project involving the close participation of several global car manufacturers who will be road testing our batteries. Recent announcements by the major automotive brands on their EV manufacturer plans coupled to the UK government's clear determination to establish Britain as a global centre for battery manufacture is an ideal backdrop for AMTE Power."

Im looking forward to them announcing which global car brands will be testing their batteries, should start to increase media attention and awareness here.

worth mentioning that following its JV it went on to more than 5 bag. Lets hope Gold price plays balls

Reminds me of OMI when that was 5p pre Newmont JV

Feels that way tbh... wont take much to get this one back over 3.5p placing price... encouraging tweet from the company today

Can see this one building, SP has huge upward moves on barely any volume but encouraging signs..