Member Info for glenmorangie

If they are waiting to announce the 1st quarter results before we hear anything ? If they can re-list on the back of real earnings (hopefully strong) with a plan to improve production and maybe another buy-out in process you would hope that would result in higher/stronger opening and mid-term price, rather then re-listing on the than back of potential projected earnings. Just a thought.

Why doesn't Trew need to repudiate Richards claims and prove to us (shareholders) that there has been real communications between all parties involved, towards a settlement/agreement out of court ? - I don't think there is any NDA's or confidentiality agreements in place - do you ? or has everything been done over the phone ?? Instead he releases a communication that simply states - looks like we are not in discussions anymore so we are we are back to being focused on enforcing the Company's rights through the judicial process. How much dilution has taken place since the potential out of court settlement was communicated by Trew ? I am not happy with them apples, are you ? How many cycles of dilution are you willing to accept as a share holder ?

Are we saying that there is no market rules/regulations that they have breeched to perpetuate their continued issuing of shares and cycle(s) of dilution? i.e. issuing miss-leading or inaccurate press releases

Further to the Company's announcement on 21 March 2018, the Board of Pathfinder Minerals has considered with its legal advisers the email purporting to requisition a general meeting of the Company's shareholders (the "Requisition") and has concluded that the Requisition is not valid. In the event that a valid requisition is served, the Company will comply with its obligations under the Companies Act and will convene a general meeting

Just to put things into perspective, to cover a 170k salary for next 12 months you would have to issue 28,333,333 at 0.6 p. That's 12% dilution without taking into account the cost of placing.

If this is all correct, then it looks as if the shareholders have been used to support some ones lifestyle rather than the operations of our company.

Hi Rich - being a shareholder for quite a few years now, if what you have discovered from last years accounts is correct then this is absolutely disgusting and Trew should be held to account by his shareholders. Taking 170k in Salary from a company that has absolutely no operations and raising this money by continually issuing shares to the market and diluting share price and shareholder value, is certainly not acting in the best interest of the shareholders. Also if he has been embellishing details in press releases to allow him to continually repeat this cycle of dilution to support his salary then we need to know. Please do everything you can to stop him diluting further at levels that are detrimental to existing shareholders and get to the truth of what has actually been happening with negotiations. Thanks

Hi Rich - being a shareholder for quite a few years now, if what you have discovered from last years accounts is correct then this is absolutely disgusting and Trew should be held to account by his shareholders. Taking 170k in Salary from a company that has absolutely no operations and raising this money by continually issuing shares to the market and diluting share price and shareholder value, is certainly not acting in the best interest of the shareholders. Also if he has been embellishing details in press releases to allow him to continually repeat this cycle of dilution to support his salary then we need to know. Please do everything you can to stop him diluting further at levels that are detrimental to existing shareholders and get to the truth of what has actually been happening with negotiations. Thanks

Hi, held NCCL shares for many years now and hope we are now at a positive stage in the process - also just to let you know I work in a heavy engineering sector with a biomass boiler at site (UK) - also deal with GE on regular basis. Our biomass cost in excess of �50 m to build over 2 years and only generates just over 25 MW at max capacity. Maybe gives you a idea of the size of project we are involved in here in NCCL.

based on a rough assessment of asset value, cash and current revenue steams of both companies, with SQZ on a current market cap of �146.34m - what do you think the market CAP of Hague would/should be once re-listed ?

I see we were close on the revenue calculation i.e. Tullow Oil plc reported total revenues of US$31.5 million (�28.5 million) from its Dutch assets in 2016.

Cheers , I was hoping that's what it meant - strange thing to be talking about when your not even listed. Based on what they has disseminated, did anyone get a feel for when they think the Company will re-apply for listing ?

Did anyone notice this statement at bottom of 'AIM Cancellation' section - any ideas what that means to PI ? Further details in respect of the Cancellation can be found in the Company�s announcement of 8 September 2017. The Company is considering a possible share buy-back and cancellation, when the Company's financial circumstances allow (subject to the relevant provisions of the Companies Act 2006, including Shareholder approval). Further details will be provided as and when appropriate.

My brother has a company that supplies products/solutions to Engie and he rates them very much and likes them as a Company - not often he specifically states that about another company / customer in the sector. Hope we form a strong and mutually beneficial partnership with them.

how hopeful are you

Ghost based on 3000 boepd do you make it approx. $30m per annum ? i.e. 365 (days) x 3000 (boepd) x 5.5 (MMBtu per boepd) x $5 (price of MMBtu) = $30,112,500. cheers

Apologies, I was basing my calculations on bopd when it should be boepd. Its more like $18m per annum based on current market price of $17 and 3000 boepd. Again apologies for miscalculation.

I was doing some quick calculations and based on 3000 BOEPD for the Dutch fields - should generate circa 50-60 million annual turnover. How much gross/net profit and free cash flow from that is anyone's guess. Obviously market prices would also have a bearing on financials. Anyone any thoughts on this matter ??

current activities In April 2017, Tullow signed a Sales and Purchase Agreement (SPA) with Hague and London Oil plc (HALO) for the entire Netherlands portfolio with an effective date of 1 January 2017. This divestment of non-core gas assets is part of Tullow’s ongoing strategy to focus on light oil in Africa and South America. Production from the Netherlands in 2017 was forecast to be around 3,500 bopd, with associated capex of approximately $10 million from the start of the year. Upon completion of the SPA, Tullow will adjust its Group production and capex forecasts accordingly. At year-end 2016, booked Netherlands’ Commercial Reserves and Contingent Resources were approximately 2 mmboe and 15 mmboe, respectively.

Well their first half was through to 30 June so the 2nd half can be anywhere between 01 July 2017 to 31 December 2017. Hopefully it will be in the timescale outlined by Hague. Keep fingers crossed.