Member Info for greygeorge

I mean, MrG, the DEC share price dropped by 24% immediately after DEC replied to the Committee, in a structured and factual manner (your words). Looks like the market saw something it didn't like when facts were provided to congress.

2024, not 2014, lol.

'...GG the SP drop was due to a leak of a letter from politicians insinuating a problem at DEC. Followed by a shorter publication spreading a load of false information. All answered by DEC in a structured and factual manner...'

MrG, let's focus specifically at your last sentence, 'answered by DEC in a structured and factual manner'.

10th January 2014 DEC Share Price £11.14

10th January 2014 DEC issues reply to Congressional Committee

11th January 2014 DEC Share Price falls to £10,97, continues to fall until hitting £8.45 on 23 January 2024.

I'd say the reply may well have been structured and factual, so much so that the market sold off big-time on the letter, the DEC reply, rather than any rumour prior to that reply. I wonder why, MrG ?

'...GG the SP drop was due to a leak of a letter from politicians insinuating a problem at DEC. Followed by a shorter publication spreading a load of false information. All answered by DEC in a structured and factual manner...'

MrG you are lying. How does your timeframe of events fit into the reality of the share price decline, FACTUALLY outlined below ?

September 2022 - £26.00

9th February 2023 - Tanos II Deal Announced. The fix is in, and is exposed by me on this board.

March 2023 - £19.00

September 2023 - £17.50

March 2024 - £9.50

September 2024 - £8.50

October 2024 - £9.00

'...Wow GG after a very pleasant break your back with a good dose of posting diarrhoea, off your meds I take it...'

No, just tired of reading all the lies and BS posted by you and the other mugs that frequent this board.

Terry, nobody on this board is worth my time, I just have to copy and paste these days.

'...Rrb - I don't care about the previous dividend reduction. It's irrelevant to the current price...'

Pickedpeck, using your logic, you should concentrate on buying penny shares, as they have far less to fall to hit zero than pound shares, so will only lose you a penny per share at most, rather than a pound if they go under. 🙄

MrG, every time I think this board has got as dumb as it possibly ever get, someone comes up with something even dumber than the dumbest dumbness (so far). I mean, let's take this little gem of yours :

'...DEC reduced the dividend because the SP dropped...'

Now, MrG, pray tell me, WHAT was the cause of the SP drop that resulted in the dividend cut ? 🤣🤣🤣🤡

Lol, Terry, you sad deluded little man, look at the FACTS. I think you'll find it's not just me that agrees (in most aspects) with Rrb. Let's just repeat this FACT that I even went to the trouble of updating to reflect the HUUUUUUGE rise🤣 this past couple of weeks :

September 2022 - £26.00

9th February 2023 - Tanos II Deal Announced. The fix is in, and is exposed by me on this board.

March 2023 - £19.00

September 2023 - £17.50

March 2024 - £9.50

September 2024 - £8.50

October 2024 - £9.00

The consensus on this board is yes, you know you've had your investment spanked by Rusty, and yes, you know you've had your dividend spanked by Rusty, but the spankings are ok, keep them coming, and don't anyone admit that they don't actually like being spanked by Rusty, but here they are, red buttocked victims of their own inaction.

'...Sadly, the stock markets promote greed and profit based on untrue manipulation...

And yet, here you are, being untruly manipulated. 🤔

I mean, doesn't really matter does it, the share is down from £17.50 last September to £9.00 today. Suck it up, buttercup.

'...Rrb1981 , I appreciate the more constructive tone (vs GG)...'

Please accept my apologies for treating the figures you've plucked out of mid-air and manipulated to arrive at a figure you deem positive enough to help you sleep at night *with the derision and ridicule they deserve*, asp1. 🤣

(Sorry was laughing too hard to type properly the first time round)

'...Rrb1981 , I appreciate the more constructive tone (vs GG)...'

Please accept my apologies for treating the figures you've plucked out of mid-air and manipulated to arrive at a figure you deem positive enough to help you sleep at nigh asp1. 🤣

The story of Globo, and how the fraud was uncovered, goes to show the value of hedge funds shorting a stock that is trading fraudulently.

https://www.investorschronicle.co.uk/content/6ccc62fb-d925-58c9-b1f2-cc1ff266f8fd

Luther, you mean this 'Seeking Alpha' ?

https://seekingalpha.com/article/3495096-globo-better-good

The same 'Seeking Alpha. that gave Globo a glowing review, labelling it 'exceptional value'. on 8th September 2015 ? The same Globo that went into administration on 3rd November 2015, less than two months after being tipped as 'exceptional value' ? THAT 'Seeking Alpha' ?

https://www.ft.com/content/dddd19f8-8241-11e5-8095-ed1a37d1e096

🤣🤣🤣🤡

'...Lets look at the big cost elements. The vast majority of debt is amortizing over the next 10 years, meaning $150M pa of capital needs to be repaid (~$1,5B/10 years) plus $120M in interest (~$1,5B @8% average interest), for a total of $270M per annum...'

asp1, you're just picking numbers out of your anus at this point.

'...Sorry type , should read "the 8,6M Acres of land of which 65% is undeveloped ......."..'

Is that land that DEC OWNS, or HOLDS ?

'...However I think it a bag of honour to be insulted by the Village Idiot...'

🤣🤣🤣

Asp1, are you a liar or lazy, or a moron ? I mean, you could actually be all three, I suppose. 🤔

From Form 20-F, Page 42, dated 16th November 2023.

'Productive Wells

Productive wells consist of producing wells, wells capable of production and wells awaiting connection

to production facilities. Gross wells are the total number of producing wells in which we have an interest,

operated and non-operated, and net wells are the sum of our fractional working interest owned in gross

wells. The following table summarizes our productive natural gas and oil wells as of December 31, 2022.

Total Gross Productive Wells 77,598

Total Net Productive Wells 62.176'

Https://www.cnbc.com/2024/10/04/rio-tinto-in-talks-to-buy-lithium-miner-arcadium-sources-tell-reuters.html