Member Info for Fyoz

mick2020 "Ok, PEDL183 will compensate, but California is not an asset to buy RBD for, IMHO"

Make your mind up, you said this yesterday:-

"I got in only last week, so my average is way higher. I’m currently waiting on an RNS with results from the Californian assets, but if that is good, I’ll buy more!"

"RedRoseTea, Another way of calculating/looking at it: At share price of 1.35 you get 74 shares for a pound"

Or about 44 shares for 1 Canadian Dollar

"PS VAT in Switzerland is i believe 7.7% not an " EU" country."

And a small pizza in a street cafe is about £20 . . .

" the rest of us shareholders , who have invested significant funds into this company already, wont keep putting more in unless there's actually a contract"

I don't think you have any authority to speak for the rest of us Lionel, I'll support a fund raise if there's good reason to

" I've been in this 10 plus yrs it's thesàme shit trust me"

You clearly stated in your previous post that you lost £11k and were glad that you never reinvested

Away with you troll . . .

tugboatpete " GET OUT AND TAKE THE LOSS"

So you lost £11k and you expect us to follow your advice

Even with the SP at 5p I am still in profit, so why would I listen to a loser?

mick-b "Well as you know it all went wrong when after yrs of Maersk involvement having signed up they suddenly pulled out to use scrubbers instead"

I think it's this sentence that people are taking you to task about. In light of what's been posted since you'll see it was not the case, they didn't pull out to use scrubbers, but low sulphur fuel

Fingers crossed for more of the same next week, or perhaps the elusive contract RNS we're all itching to be released

GLA

So basically we already had enough for 170 years, but now we've extended that by another 40 years?

OK I can appreciate the positive news, but I doubt it will do anything to lift the SP

Salinger

That is the most eloquent, concise and comprehensively analysed post I've read in a long time

I wish I could treble rec it

"Bottom line is, it doesn't matter what shorters of QFI post etc if QFI sign some big contracts that will bring us revenue - the share price is only going to go up!"

Don't believe that for one minute. If a hedge fund can borrow a huge number of shares and sell them into the market at a faster rate than the buys can absorb the SP will go down. And they do this in cahoots with the MM's, I've experienced it and the dirty tricks they adopt are outrageous

On a related issue, as our SP is improving, some holders may be tempted to use a trailing stop loss (to lock in profit). If you set a 'limit sell' on your trading platform at say 20% lower than the current SP, this shows up on the order book and the MM's can (and do) suddenly drop the price to snap up your shares on the cheap (tree shake)

AIM is often referred to as a casino but it's much worse than that, jungle, wild west, bear pit, are all probably better descriptions

First off, I'm not actually accusing any current bb contributor, so let's be clear about that

I have another investment that is being shorted though, Bushveld Minerals. It has been the subject of a few short attacks in the past, but is currently being shorted by Public Equity Management, with a declared short of 0.71% (check it out here:- https://shorttracker.co.uk/). Since November last year the SP has gone from 47p down to 25p, and this is a company that not only has revenues, but is making big profits. I can't adequately express my feelings for the scumbags that take part in these activities. That this is actually allowed to happen in this day and age is beyond my comprehension, but it does, and it's painful to watch tens of thousands being eroded from your investment

Don't think for one minute it can't or won't happen here. If this rises too fast without meaningful news we become a more likely target for shorting. I keep an eye on the tracker but they only report shorts of over 0.5% so it's not definitive

So, I really don't care if I'm thought of as a overly aggressive, or a bully or whatever anyone wants to call it. I believe in this company and it's management, I have a significant holding (for me), and I will continue to defend my investment regardless of anyone else's opinion

petergar "It has been like school bullying here in the past week and it is sad and pathetic."

Can't agree with that. If alleged LTH's come on here trashing the management, and then admit they haven't even accessed the latest updates on how the BoD are steering the company, then they deserve to be lambasted. This is not always trivial bitchy gossip, these trolls when acting in unison can wreak havoc on the SP of their targets (read the article that Prep has provided the link for). I'm not accusing posters on this BB of being in that category, but if someone wants to come on here and talk down my investment then I'm going to defend it

Great post Jack

Also worth remembering is that they work out how they will monetise each asset before they even acquire it

Smart cookies . . .

Hope it's a leak and good news is about to be announced very soon

Sam

Check out Silo's tweets. That will comfort you. We should be at 4p conservatively by now, and a lot more upside to come. The ducks are lining up, just a waiting game now

no probs bw, I got mixed up as well, it is of course Petro Rabigh that has the tie-in's

Oops, both wrong. Shoiaba is indeed the power station and desalination plant, but not a refinery

I think it's the power station that was the target for the trial burn that has 14 boilers blackwash

As far as I'm aware Shoaiba is the refinery that has the tie-ins needed to supply the MMU's?

Yes rsproson, for Twitter users I'd recommend a look through Silo's tweets (@silolondon) some good graphs and data in an easy to understand format