Member Info for gordon1237

Wonder how much they would get if they sold this interest and if it could be a significant chunk towards Cambay drilling costs? How quickly could it happen though?

Reading it again, it does sound like a significant development. To me, this is out of the blue. Was anyone else aware of it?

Interesting Rns on asx regarding an interest in a field in West Kampar in Indonesia. Didn't know anything about this. Sounds promising. Wonder if it will do anything for the sp? Atb.

Thought to myself, if any mentions averaging down, I'll scream. Aaaaaaaaaaaaaaaargh!!!!!!!!!!

So drilling by 2038 then? Lol.

Hmmm. Wonder if that will be in my lifetime? Lol.

Fair enough MI. At 0.11 ish you've got a much better chance than me at 0.325. Atb.

Tbh I'm surprised you came back MI, after what you said about the bod, when nothings changed. Atb.

If only they'd told gspc, at say the beginning of last year, that they would forget the cash calls, provided gspc sold their share then.

Yes Yuri. That's what I've being saying since the beginning of last year, including when you were saying dilution didn't matter. Atb.

Yuri it makes no difference. The value of the company and the ability to raise cash (or not) is unchanged. If the sp doesn't go up a lot, it is not possible to raise enough cash by dilution to pay for the drills. They might be able to do it by selling/farming out part of their share. Unless there is some arrangement with the new partner. Atb.

Agree about it dragging on Yuri, but consolidation doesn't make any difference one way or the other. It is merely a cosmetic exercise. For example, if someone holds 10 million shares at 0.1p worth £10k and there is a 10 to 1 consolidation, they will then hold 1 million shares at 1p, still worth £10k. Atb.

Ah fair enough. My misunderstanding. Arbitration never actually started. Although, the present delays are obviously no ones fault it is ludicrous that it took from the court case in November 2018
to the virus lock down in March 2020 to get to who knows exactly where.

Keep up, fools gold. Arbitration was dropped 10 months ago. What we are waiting for is the finalisation of the sale of gspc's share of Cambay. Atb.

Big buys? Can't see anything above 600,000. Also why is this site showing up 14 %? Based on buys yesterday and today looks more like 3%. Atb.

My guess. Lol.
https://youtu.be/a_ddYz0dp0w

Ever get a feeling of deja vu? Atb.

Good point Qs. Also, after virtually every raising it would have been possible to buy cheaper on the open market.

Well Brad was off like a rat up a drainpipe. Lol.,

annoying things. When did we last hear of any director's buys? Also, with all the raisings over the years why have they never had a rights issue, giving shareholders the opportunity of buying at a discount?