Member Info for Fyoz

LF:- "When working in the MENA or LATAM regions you need to understand those markets and be on the ground there with local language speaking QFI executives - you cannot rely on third party introducers because they ultimately will not be focusing solely 100% on QFI"

Oh lordy, make your mind up, not so long ago you were saying we should have more 'salesmen' on 6 month contracts to bring in deals. Now you want Arabic and Spanish speaking QFI executives to be 'on the ground'

Really Lionel???

"They have not attempted to deliver anything they promised for the last 6 months and counting. Not even tried."

OK, I'm not wearing rose tinted glasses, I'm disappointed by the SP but I'm here for the long game. Not saying this IS the case, but a possible scenario is that they're in discussions with other parties to sell any or all of the assets, and those discussions are subject to NDA's. I have been in other shares before where this was the case

Sometimes the radio silence is either for a good reason or beyond their control?

Just waiting with everyone else TE

From the recent Drill or Drop item:-

'Dorset County Council has estimated a decision date in early March 2020.'

If planning is approved, timescales are 2 weeks for site establishment, 8 weeks of drilling, 2 weeks of testing, so approx 3 months of activity from say middle of March. Coincides nicely with a listing on the main market in June?

So another 5 months or so to go, we should know then if we backed a winner or we rip up the betting slip

"but the rest of your post is reasonable"

Come on O&W, you've just bought 3m shares yet you think his post severely criticising the BoD is reasonable?

A better opportunity presented itself, a much bigger slice of the WN pie. In my opinion they're obligated to pursue that for our benefit. The plan hasn't been abandoned, it's adapted to the latest opportunity

What's a 'legacy' shareholder? Were you in RBD before S & S took over? I was, and had the option of bailing out or staying when they were appointed as joint CEO's. I reckon I'm a 'legacy' shareholder then, are you?

If your blood pressure is going through the roof I suggest you're either 'over exposed' or perhaps risky shares are not for you

"Their job is to prop up the SP."

No it's not, it's to protect the interests of shareholders by running the company to the best of their ability. I for one don't want them deviating from the planned strategy just to find ways to prop up the SP

"Instead you gave any potential gains away to Gerwyn without any fight whatsoever ?"

You didn't even bother to vote against

You are the joke

"and watching the share price drop to this level while taking no action to support it."

Their job is not to prop up the SP. I hope they're working hard on managing our current assets, negotiating deals and generally running the company. They're shareholders too so they'll be acutely aware of the current SP, but I'd like to think they have the foresight to realise it's the long game that counts

Stop being so negative Piper, the fundamentals haven't changed

LF:-"Now we have no strong pipeline or imminent deals"

You have no idea whether that is true or not. There could be numerous deals going ahead, all subject to NDA's

Do I smell a special dividend arriving over the next few weeks, or am I being overly optimistic?

"Either way, I hope you eventually get your entry and further news from the company does not mean you miss out."

His re-entry price is 0.6p, and you hope the ask gets that low. Really?

"I just hope that the next RNS is not one of 'we have received all necessary consents, but there will be some delay in expected lead times obtaining the equipment we need. Any further unspecified time delay would mean I would have to revisit and possibly revise my re-entry price."

And what if the next RNS is something like 'we have accepted £250m for our stake in WN and will return most of it to our shareholders as a special dividend of 2p per share'

You would have to revise your re-entry price then

A&E:-"Until there is some concrete evidence of a commercial contract or revenue in the next 3-6..this company is finished plain and simple"

I prefer to rely on statements made by the BoD rather than un-researched drivel posted on here by 'investors' who can't be bothered to even read the RNS's. So, to summarise for the lazy, fully funded through 2020 and a further £2m available in August this year. Demise in 3-6 months is simply nonsense

From the AGM report:-
Funding:
We were delighted that, following the announcement of the initial £2m tranche of the £4m Bergen funding, with strong support from both existing and new shareholders, the Company was able to secure funding of £4.5 million during Q3 2019 which will enable QFI to continue its business development activities through to the end of 2020 on the basis of current planned expenditure. A further £2m of the Bergen funding is potentially available to draw down from August 2020.

"There are people on this site that are part of a scam with the BOD"

Credibility shot to bits after a statement like that

"Either way why should anyone listen to your posts constantly telling us what the hourly sp is doing"

You don't have to read his posts you chump

"and hopes that by taking people out of their holdings he will get his fill."

So he is not a 'good guy' he's a leech

"Regarding W.N the share price has more than likely factored in the next stage so price movement will be small in my opinion"

Ha ha that's a good one Persi

They raised £24m at 0.9p in less than 24 hours, and you reckon the true value of WN is already factored in at 0.67p

Really???

" and the fact that at these prices you would think the directors would be buying . ---Just about sums this company up ."

Directors bought less than 3 months ago at 0.9p

Won't be allowed to now if they're aware of price sensitive information

It's based on the mid price at the time of the trade, if you paid lower than mid price it gets marked as a sell, above mid price it marks it a buy

Totally unreliable and just the way the MM's want to keep it

"Thank goodness for Chrishutch, chief ameliorator on this board in times of stress"

That makes you chief agitator then Persi