Member Info for G_G_G

BB is pretty pitiful given the sp. These clowns need to scrap the dividend and commit to using the funds toward the full maximum 10% BB level. They should set aside a budget that would comfortably achieve this over the next 12 months and make a point of spreading the word across the market. Shareholders can forgive not getting some p!ssy little 1.5% yield in order to ensure 10% of shares are going to be cancelled in the next year.

The next things these f@cking !diots need to do is sell the DIS segment. Some here think 10x is realistic. If so then get on with it and sell for $180m. This is the mcap of the company at the moment and ascribes nothing to the circa $50m EBITDA they will be making in the next 12 months from the remaining segments, which should be the lowest point for the foreseeable future. Not rocket science as to what they need to divest. At 10x they would be debt free, $80-90m cash, and a commitment to buy back 10% of issued shares in the next 12 months. This would literally double the sp tomorrow. So why not get on with it...? Folks need to keep in mind the £1.25 bid was just 4x trailing EBITDA when we still believed that $100m would be the run rate for 2025. And people were fine with that as a bid. So now we think 10x is achievable for $18m of our EBITDA? Fantasy from my pov.

But let's say a bid of 7.5x DIS EBITDA, that's still $135m, leaving a company with zero debt, $50m EBITDA, circa $40m in cash, and a commitment to a 10% BB. In 12 months you're looking at a trailing EV:EBITDA of 5 at a sp of £1. Hard to believe we wouldn't immediately re-rate to this level given we tend to sit around an EV:EBITDA ratio between 5 and 6. For a 6 ratio you get a sp of £1.17.

Mgt should put DIS up for sale and ask for bids starting at 7.5x EBITDA. Highest bid wins. Who knows, we may even get up to 10x EBITDA and the sp range would be £1.17-1.34 for the 5-6 EV:EBITDA ratio with a business throwing off $50m in remaining EBITDA and close to $100m in cash.

Simple fix for these useless f@ckwits. Hopefully they can pull this off so I can get out. My trust for this bod and AIM in general is near non-existent. FTSE 100 and US stocks for me if we can get back to £1. AIMHO GLA

The 50k at 21.4 was me. Figure things can't get much worse. There's only so much homework the dog can eat. Let's not get ahead of ourselves though. The sp is still sub 22p!

Going to be very interesting that's for sure. We know the He content is amongst the highest in the world. We know there's no water associated with the gas. We don't know the extent of the He concentrations i.e. % over X interval, just the 'up to % numbers from the shallower drilled section of one hole. We also don't know the flow rates. There hasn;t been much dilution sonce the first hole was announced and the sp went up 150% in Canada. Since then we've had the first hole deepened with He concentration logged, and another hole drilled with the same high He concentration logged. If we get decent flow rates this could easily 2-3x as it would suggest a US based regional play. Not long before we find out.

Yes, they;re meant ot be testing both wells in March. There hasn't been any statements made otherwise that I am aware of.

SP here is shockingly bad. Cannot believe it has come to this point. We're at more than 5 year lows and still dropping. PB and his fat bod should be ashamed.

I'm stuck in this dog. I cannot bring myself to sell at the moment and do believe that some sort of sale will take place, just not at the 125p range and more likely circa £1 unless they can offload DIS.

I think the best thing that mgt can do right now is to sell DIS for 6-7x EBITDA. From there they can fix the debt pile and continue to buy back shares at 10% per year. In 12 months the sp would be £1 again on its own steam given they would still be generating circa $50m EBITDA at the bottom of the Search business and have only 225m shares remaining. Working the numbers from a $117m DIS sale (6.5x EBITDA) you have $20m cash (no debt), 225m shares (post 10% BB over 12 months), and EBITDA of circa $50m. At a sp of £1 that leaves you with an EV:EBITDA ratio of circa 5.5x, which feels about right. If they can fix Google and start to generate double digit seo growth in 12 months then an offer of 125p probably wouldn't pass for the remainder of the business. I mean they've budgeted pretty much nothing for Google this year so can only get better. But to say they were 'prepared' for the change is so f@cking far from the truth its not funny. Google can only get better from zero so figure this is the absolute bottom.

They also need to give guidance on BBs and put a rocket under Zeus' @ss. And they need to provide an update on Shinez. Just getting back half of the payment would give the sp a good 10-20% bump. These useless f@cks need to start earning their wages from now.

Lucky you Stas. I should have taken money off the table but instead took these complete f@ck ups at their word. This interview was pathetic. Looked like a CEO panicking due to the share price and probable loss of his job and company for a pittance. He literally said nothing, and what he did say was f@cking !diotic like breaking the company into separate listings. These guys cannot even do the requisite DD in buying a company and spot whether it's truly going to add to EBITDA or turn out to be loss making. How the f@ck could they manage untangling the Frankenstein they have created from post-Pandemic boom time. Seriously how do these fools have such high paid jobs. Imo here's what they should have said...

In the immediate we will:

1. Aggressively pay down debt and look to maximise BB to the full 10% allowance. Debt target by 2025 year end = $xxm

2. We will aggressively pursue Shinez for damages (this of course assumes it wasn't just a complete f@ck up on mgt's part)

3. We will conduct a full strategic review to identify core growth / repair areas, areas to divest, and pause any acquisitions until the full strategic review has been conducted. Any new acquisitions in future will be focused on being complementary to the streamlined business and will absolutely add to EBITDA on merger i.e. someone more competent than us will oversee everything.

In tandem we will:

1. Look to sell part(s) of the company that do not fit within the streamlined core business, but only at / near market valuations. Fwiw I think 10x EBITDA for DIS is silly. But let's go with 6.5x and you get circa $120m.

2. In the event of a successful asset sale e.g. DIS @ +$100m we will pay off all debt and keep a cash balance for future BBs and/or dividends and/or acquisitions.

3. Open to full acquisition at / near most recent valuation. By stating this it signals to the market they will not sell the company for a song to try and hold onto their jobs in the new entity.

This f@ckwit CEO did not lay out anything regarding future plans, or even give a sense of what to expect with SEO in the next 12 - 36 months, which is what has been so catastrophic to the share price. Instead we got a deer in headlights mumbling garbage. And what the f@ck has happened to BBs? Why aren't they pressuring Zeus to buy everything they can at these levels...?

I want to smash the Exec team to pieces for their f@cks ups, but mostly because they have deceived and misdirected the market over the past 6 months. They had better not be lining up a sale to Kestrel and/or other major holders for nothing.

You must have millions of shares by now SM if you are indeed toping up when you say so. Or are you not telling us when you sell...? Either way it's monotonous.

Bit lost on that last post ToxicBull - what are you referring to regarding not testing both wells?

For them not to be buying +100k shares per day is absolutely ridiculous at this sp. Mgt have deceived and f@cked the company. They need to instruct Zeus to up their levels. And please let's not pretend that mgt don't have some influence over Zeus. These guys do as they're told. I have no doubt the BBs were slowed after the inexplicable drop the week prior to the deal being announced as dead in the water because they knew they would need to conserve cash. The mgt team reek, so may as well do something +ve for once.

dartron, you are correct. mgt are a bunch of incompetent, deceitful c@nts. no other way to put it given what they have done to the company the past 6 months, and the complete lack of guidance to the market in this time. they should either sell up or break up the business. either way they need to start fixing the f@cked up mess they have created. i know some are parroting the 10x ebitda for our dis business. i think that's fairy tale stuff given they were willing to sell the entire company for less than half that at 125p when we all thought we would be making $100m ebitda in 2025. even if we sold dis for 6x that would be circa $110m, which they could put toward debt reduction and bbs. as for cutting the bb, i'd rather they cut the ****ty little dividend and put more into the bbs or drop it onto our debt. and if any major shareholder is wanting to downsize they should do an off market share purchase.

absolutely disgusted with their duplicity. and astounded by their incompetence. time to sell up, or hock some of the family jewels to pay down their mistakes and get the company on solid ground again. dis sale for anything above $100m woudl be the best place to start. then putting the ceo and cfo against a wall.

George Roach is about as bad as things get on AIM so no he isn't that bad. I was making a point that the value of PB's words versus deeds is very poor, hence the share price.

At the moment a 're-rate' is looking like 30p. That's 30p!!! If the market is a voting machine then it's voting for PB and his fat bod to be crucified. These f@cking clowns need to start delivering on their words. He's looking more and more like George Roach with his big statements and lack of execution. PREM had the assets and resources as well. Not the useless, fat bod though. And GR at least put his hand in his pocket regularly.

As for Central, let's see if it even gets done in Q2. If a very long history of broken promises is to be relied on then I'd say it's more like Q3 or not at all. And then we have 'the dog ate my homework' with Casc. Still waiting for Casc 4 to be finished. Casc 5 at current rate won't be drilled and come online until year end. So talk of 4 x Casc wells is a complete f@cking fantasy right now, as with most of what comes out of PB (George Roach's) @ss.

Folks, I suggest you do email IR and tell them how disgusted you are about the status of the BB. It's a f@cking joke and they need to hear it from shareholders. The sp is ridiculously low and there is no valid reason as to why Zeus should not be trying to buy and cancel as many shares as possible right now. There's so much stink to this company right now.

PB and his fat bod are a bunch of jokes until they prove otherwise. The sp is a realistic reflection of what the market thinks of their performance and trustworthiness. Absolute f@cking clowns.

problem is the market thinks mgt are incompetent and potentially d@dgy. there's not just a penalty for them being **** at their jobs, but it's bigger because they have given no prior guidance to the significant drop in ebitda. and, they have made a +$30m purchase of a loss making company. the impact this has had on tigs balance sheet and valuation metrics is huge. so grossly incompetent. and have misled the market. we've also had two offers withdrawn. one at the same time as them landing left field 2025 guidance. finally you have 2 x clear examples of insider trading. i'm in the middle of a submission to the fca on both of these occurrences and suggest others do the same. i'm also going to be pursuing them on the lack of information to the market on the search business that was obviously apparent to them, and the offeror at some point during the process. i'd like to see mgt and the insider strung up for what they have done.

also they obviously have control over the bb strategy. this could be seen in how they pulled back on the levels when the deal had clearly fallen over. so why are they not buying hand over fist now when they have cash available to buy twice as many...? is there something else that stinks? maybe they want to keep the sp suppressed for another offer by kestrel and co...? incompetence i can forgive providing i have prior knowledge / guidance of the consequences of poor decisions. but incompetence plus deceit i cannot stand.

Why not give us an update on the down hole testing? These guys put an RNS out to state just about anything e.g. upcoming investor events, their PR agency etc. This is critical information that can support the share price before they release flow rates and pressure testing in the next month. Providing a stronger base to the share price means we'll jump higher on good / great flow rate news, and fall less on bad news. Basic shareholder / company value management.

Oh and some Director buys would be nice some time. There's certainly enough of these useless pr!cks!

listen guys the 7kboepd is f@ck all compared to what pb was stating this time last year. keep in mind we also have casc 4 coming on very late. and these clowns haven't even started drilling casc 5, 6, 7. they;re a bunch of f@ck ups until they prove otherwise. the pump going down is the 'dog ate my homework', after it was drilled extremely late versus original timings. they need to start drilling casc 5 within days of casc 4 finishing, and have no more f@cks ups. you'll then need to have one being drilled every 2 months before the next one starts up. possible but production comes on late this year and will impact 7kboepd. pb is a bull****artist of the highest order. i'll start believing wheni see it now. and the market obviously feels the same way.

sm, appreciate it if you can halve your posts. they're rampy as hell and the sp is at 21.5p. that's the reality check and worth focusing on the reasons why. discord group can add my 300k shares. i think the bod need to hear form all pis how f@cking useless they have been and we want half of them culled.

ss, half of that list is made up b@llocks. they will be lucky to drill 4 x casc wells this year as pb stated in the interview. there may be one or two more in central and other acreage. but it's now march and they haven't finished a casc well that was planned for last year, let alone the 2 wells they had planned for q1. pb is full of **** and until he can deliver just half of what he says the market will penalise us. it's always jam tomorrow with that f@cker and some excuse for why something hasn't happened on time or production target. the market (as do i) has little confidence in them truly understanding the geology. we also haven't seen recent production data, which would help to change that perception. why not if we've got something good to say...?

pb no doubt he tells a good story. but for the sp to really move he needs at least half of what he says to be proven true. and 7kboepd isn't particularly exciting. hardly going to fill capacity by end 2026 as that stupid list suggests. they will be pressed to do it this decade.