Member Info for Ecologist

IDOMYBEST too! You are right, I just checked the nil paid and saw 225p. I need another early morning coffee.

Please put me out of my misery and tell me my error.

And do not forget the nil paids have a value in their own right approx equal to the difference between the ex-rights sp (about £9) and the rights share price (£6.45) multiplied by 7/24. About 70p my quick approximation tells me.

I would think, DrP, that David85 is simply trying to save us from ourselves. And that he is being sadly misunderstood. Such altruism is rare on today's discussion boards. 🤣

Now a dead compamy. But at least Leeds United swallowed the Canaries!

I heard that she sang in the High Court today. The Redrow sp only needs another 2% to be up with the t/o terms (1.44 * Barratt Dev).

@Nigb ... see my May 9th post re CNews advertising. For the Hard, Right?

Do not forget we are dealing with a government civil service here. They will do what the minister orders ... but it may take a little time! After a career spent working in some 50% of African nations, I can assure you, it never works to be impatient.

A small advert this evening on the French channel CNews. First time I have seen it advertised here.

I can see Shell covering Deltic's drilling costs and in return taking another 10% or so. I know, fhey can simply wait and get the 30% for nothing but then they will run two risks. First, the possibility that someone else nicks it from under their noses and second the stink that the financial press will make of Goliath 'stealing' the little kid's sweets. I have no evidence for my thoughts and may be it is just wishful thinking.

I know we were all shocked by the rns of a few days ago but I still cannot stop asking mysel the question "why the issue was not tackled by a share issue when the sp stood on the threshold of 40p?"

After all Swindell and the board have known for months that we would have to stump up the funds. To let the company's very existence ride on the possibility of a farm in and not have a plan B, just in case, strikes me as unbelievably incompent, criminally incompetent in fact.

I am still baffled and wonder what Algie Cluff makes of all this.

Sorry to rain on your parade GGG but today's RNS news about Pensacola does not look very optimistic.

It's not only this board that has a resident doomsayer, almost all have. And, just sometimes, their vitriol has roots in reality (even insider knowledge) so I don't write off everything that is spouted simply because it does not fit with my anticipations.

I remember only too well a certain MisterX on a Tullow board. He was less amusing than our resident hero but also managed to get on everyone's nerves. But when Tullow eventually crashed big time, we all wished we had listened to him a little more carefully.

Cassandras can sometimes be right but they would help their case if a little verifiable info was forthcoming.

Simply my take:

Having worked in Africa and Asia for a combined 35 years, doing business is never simple and too frequently there is someone attempting to be 'on the take'. Some people / companies are ready to grease palms (= graft or bribes or dash or bakhsheesh) in order to win contracts with the cost of bribes being factored into the contract costs.

All that said, I am in no way suggesting that our company is in anyway involved in corruption. Indeed the RNS, tells us that SRT, the company, has been exonerated. But the sword is hanging over Simon's head and I cross fingers that he is soon exonerated too. (And I have a problem understanding how Simon alone can be under suspicion).

Meanwhile, the sp will continue to suffer until the situation is cleared up.

And no buys in sight. Sorry to say (and sad) this seems little more than a dead duck.

Feeling a bit seasick

BadA For me, 99% was already signalled via prior RNS. So little new info to get excited about. Cash burn might be a little worrying. Will a cash raise soon be necessary or are the free carries sufficient?

But, in general, AIM stocks have been unloved for a while now. As well as Deltic, I am invest in several AIM 'pearls' (FUM, ATM, IOF, SRT and a few others) and all are trading at prices far lower than (my) logic suggests.

Apologies if already posted. Stiefel with a 125p target

https://www.proactiveinvestors.co.uk/companies/news/1045007/futura-medical-offers-significant-and-underappreciated-opportunity-says-stifel-1045007.html?rel=scroll

And nothing in the RNS about pain relief. Was anything mentioned in the presentation?

Comek2, rather than having a rant at Buffaloben perhaps you shoukd be asking why the market has marked FUM down by almost 15%.

What a story we have to tell. But do you really think that story is well told? FUM's RNSs have a tendency to underwhelm the market, just like today.

Of course I'm happy to see finally some cash start to flow in but a couple of points I feel were missing from the RNS.

1. In future strategy it talks about commercialising other OTC products for the sexual health market. What could those be? A ladies' product? Back to gel in a durex? No idea from reading the text.

2. Absolutely NOTHING on non sexual health development, not a peep. What about local pain relief? That was our main thrust a while ago. There is a massive market coming from multidirections: sprains, minor sports injuries, arthritic joints, patients awaiting replacement joints, and many more.

I'm always concerned about the risks of investing in one trick ponies. At least I would hope we would make some of the right noises about future directions.