Member Info for Geldautomat

How long is so long smasher?

I'm loving it. I'll have more thank you. Just got to ride the wave and ignore the short term price action. 10% yield is stunning

I read that too Johno. Quite reassuring. Just need Royston to come good and we’re onto a winner

If Casca produces even half what's promised the SP should still be well north of here. Add Royston on top we should be permanently out of the pennies and into the pounds.

Yep, everyone, including me. My account looked real nice at 92p. Still looked ok at 82... Now I'll cry into my beer all weekend.

If people on ADVFN are talking about placings it is because they are short and want top scare weak holders into selling. We literally just had a trading update saying TXP have agreed another $7M in revolving credit. They don't need placing cash now, and when Casca is confirmed online that debt will begin to be repaid. No reason this is falling other than people being impatient. Fundamentals always rule eventually. "The stock Market is a great way to transfer money from the impatient to the patient".

As much as I understand everyone’s frustrations with PB and the lack of accurate information, Johno has made the correct point. Sentiment shouldn’t be price driven, it should be fundamentals. Which rightly said, haven’t changed. I bought 15000 more yesterday and will continue to load up if price slips further. Even if Casca flow rates were to be 50% of that expected and Royston’s “only” 300 bopd, this is still incredible value. At expected flow rates for both Royston and Casca, this should be over £2! Keep that in mind.

Disaster, this lot will be even slower with no caffeine...

Canada now up 3%. Canadians leading the way again... £1 here we come :)

Should drag us back up with it... Remember nothing has changed, there's still incredible value to be had here!

Could be September now. SP will be 60p by then. I'm buying on the way down for the inevitable rise after. I was thinking at 94 I wish I'd bought more, I guess I got my wish. Added 15000 today.

No one thinks that Johno. We're saying the lack of progress communicated by PB and Co is causing it.

The ESG report is now a regulatory procedure. It's a nothing RNS that no one cares about, neither positive or negative. Although, I do feel your frustration seeing what should be a rocket of an SP going down in a puff of smoke.

It's like an ongoing sequence of blunders by the man in charge. There's no need to say "in 2 weeks" if it will be 6 or more. Just say we think around 4 to 8 weeks and investors will wait patiently. We've been here long enough already, what's a few more weeks lol

Should be 20p+ regardless of additional production. When Kou producing then 40p+

Completely agree the company need better comms. Feels like they know plenty by now they could tell us. Although, I think Royston is being tested for more than just if it's commercial. The original test on the intermediate said as such, PB even said in his last interview "the market is pricing the company as if we didn't already confirm Royston is commercial, which we did". The longer test they are doing now is on all levels within the intermediate to assess how much is there and what the flow will be. I'm guessing this takes longer. What boggles my mind is PB saying we are doing final sign of tests and Casca to be online in 2 weeks (about a month ago). His timelines are rubbish!

Fundamentally, nothing has changed. I'm still expecting two positive RNS's 1) Casca online 2) Royston flow rates.

Then it's party time! The MC should be way north of here just on Casca alone (around £1.34), with Royston, new ATH.

Careful sas, tom111 will be along to tell you off in a minute.

But yes, agree, only way is down unless PR steps in

Someone finding markets a little stressful?

Was expecting worse tbf. Maybe it’ll hold up in the 70’s. Trading update tomorrow and back in the 80’s?

Makes no sense, but it is what it is. Have to endure the ride back to the 60’s then enjoy the ride back up to £1 (whenever that will be).