Member Info for Gman93

Thanks for the clarity leesteuk.

As much as it boosted the SP which helps our position in negotiations, could it prehaps be a show of confidence to the companies interested that he is confident of a successful deal with at least one of the partners worse case. This may have them guessing if one has progressed in talks further than the others.

I've picked up another 30K shares, not quite 5 mil lol

My only question is how given the close period situation

MS has bought 5 mil shares at 14 & 15p

They was announcing something else and provided the operational update with it. Given the amount of speculation when news will drop on all these BBs, the right thing has been done to manage SH expectations.

I asked chatGPT last night about where the SP could go. I included detail of the macro environment, credentials of Michael, Max, Erich & David (providing their background), Alaska LNG project and recent Alaskan lease sale. It said there are 3 main things to watch for when the RNS drops about the farm-in:

1. Operator - mid-tier like Conocophillips/Hilcorp would be the best. Highly unlikely a supermajor would be involved. Anything less will not be as effective.

2. Capex carry - full funding to first development the best scenario but likely it could be the majority of development costs. To see them take a majority stake and full operatorship is really bullish

3. the $ barrel valuation given to the asset. 4-6$ ideal but 7-8$ the highest that could be expected.

ChatGPT gave me a CONVICTION target of 70p (based on 400mn BBLS recoverable). It expected a mid-tier to be involved, negotiations optimised because of Michael and the outfit more approachable and credible due to the previous experience in BP, Hilcorp & Microsoft. But of course, none of this can alter the geology if this is the stumbling block.

It also anticipated these negotiations will take 3-9 months. Anything like an MOU or an understanding will not have the required effect.

Anyone else sad this is peaking again before the new ISA allowance starts lol

Perfect - I would love to utilise the new tax years ISA allowance before the SP improves. Spencer is straight talking and acknowledging all of the investor concerns we have collectively had. Huge turning point today in terms of confidence, connections and future outlook.

DH said in a previous webinar that for as long as they are in talks with farm-in partners, they will not be allowed to buy.

Christmas is going one way or the other lol

Did anyone see that Qube increased their short yesterday by 0.19% to 0.89%?

David, Max and the rest aren't stupid people - so it does make you wonder why the RNS was so lackluster. As soon as I read it I thought how low is this going. As someone said earlier, either Proactive have shuffled around some slots or they were always booked in to follow up with an interview.

They are still very quietly confident about this one and I can only speculate on what might be happening behind the scenes. After all, this well is very important to Glenfarne and their development plans to provide Alaskans with low cost energy.

I bought more at 19.05p yesterday. A pleasant surprise to wake up and see the bounce. With a huge RNS/results on the horizon in the coming weeks, the lead up to this will be very interesting.

I too feel sorry for any investor that panic sold yesterday but I am equally happy to have held strong and purchased more shares at a discount price prior to the results. GLA

Update as it should be with encouraging signs early on.

Topped up 24.6 - GLA

There were 5 x 100,000 share sells this morning (£29k) in the first half an hour. Seemed to be what took the price down vs no buying action.

Amazed the SP is back down here. Post Megrez, it’s like the market has forgotten about the LNG advancements.

Max may not have bought many shares but plenty of insiders have participated with substantial investments via the placing. Using shares to repay debt looks to me as they are trimming the fat to make a potential takeover more attractive.

The next 6 months have the potential to be huge. 200k loaded up around 25p

And it showed as a sell. Just goes to show how unreliable the reporting of trades are on this site.

Just bought 300k shares

My guess is they wont raise at an ATL. I would like to think they have something brewing that could increase the SP and then allow them to raise at a higher level.

A new ATL - will we have an update any time soon?

Last RNS update other than formal notifications of shareholdings was over 7 months ago about a few clinics. SP has hit ATL's and they have nothing to say. Embarrassing and spineless from our view point.

Really got to wonder what is going on

The Wingstop bid is from DPZ (the American branch of the brand) not DPG (the board you are commenting on [UK & ROI]). Just in case, the Warren Buffet investment news relates to DPZ, not DPG.

From what I can see, the fall is a result of the increased expenditure on the PGF and more than likely some panic selling/profit takers. I personally believe this has been oversold.

The new deal promotes increased store count, reinvestment into it’s own operations, and shows signals of confidence for the future. Meanwhile, its important to note competitors in the same market are actively closing sites to save costs.