Member Info for hamiltonbro

Funding can come in so many different forms and doesn’t have to be through placings.

Straight from the horses mouth and he seemed very keen to mention AstraZeneca: )

Nai/DYOR

I see some people are getting worked up about the co needing to raise money in the next 12 months.

The CEO said in the investor presentation and q&a that they don’t so he must know there is some deals coming without actually saying that ?!

Nai/DYOR

From last rns.....

· That the permits to enable re-entry and stimulation of the PG-10 and PG-11A wells which were originally submitted in May 2017 are expected to be received towards the end of 2020. The first step, which is the feedback from the Administrative Court appeal initiated by the JV partners in July 2019 against the decision of the Slovenian Environmental Agency (ARSO) to require a full environmental impact assessment, is anticipated to be received by the end of August 2020. The Company notes that costs for stimulation equipment have fallen dramatically in the current economic climate and is keen to take advantage of this if possible.

· That further stimulation at PG-10 and PG-11A should have a material impact on production levels, potentially returning them to close to historic levels, on the assumption that the stimulation is designed and executed to the highest technical standards using modern techniques.

—————

So we have received this news 3 months ahead of expected by the company so that is good news imho but the bashers will not mention that.
Sounds like once a EIA is done then we are back in track to making a sub £2m market cap look an absolute joke.

Nai/DYOR

I’ve just sat down after work and watched and listened to the presentation and q&a.

I’m happy with how it went.

Apart from what’s already been posted. Sounds like they are in bed and very close to AstraZeneca. Bet they know quite a bit more about this field than us : )

Nai/DYOR

Wave bye bye to the seller : )

He’s waiving !

Nai/DYOR

It’s dropped 90% and the seller is now out.

Have a look at the moving averages on the chart : )

Volume is massive also.

Nai/DYOR

I think once 8p is broken it races to 20p. I’m in for the chart.

Nai/DYOR

20p target for chart gap fill.

Nai/DYOR

Seller has gone and there is one almighty gap in the chart at 20p.

Hhmmmm

10% of the shares in issue have been traded today also.

Nai/DYOR

There isn’t a seller here. It’s just small time pi’s who sh*t themselves when they see someone else sell. Herd mentality of weak holders.

We need sellers though to fill buy orders on the way up.

Nai/DYOR

In first two hours.

Brilliant volumes !

Buy and hold. Spread is a joke so it’s not a day trading share. Need patience.

Obviously undervalued by quite a lot. 100p target for me.

Nai/DYOR

There has only been one trade today so far. A sell of under 10,000 shares worth £63.

But, the bid price has moved up again and I can sell all my holding in one go.

Something happening in the background ?

Nai/DYOR

Have a look at MTFB. I’m not talking them down as I hold a few.

But, they are currently capped at £7m and have probably around £1m in cash. So trading at 7 x cash. They are looking for a RTO. Similar situation to ORM.

ORM currently capped at £3m with nearly double that in cash.

Shows you the potential here and when people cotton in it’ll show in the SP.

I imagine a deal is close here as they’ve looked at 80 projects as said in last rns.

Happy adding sub 1p.

Nai/DYOR

At the current sp and market cap we are currently valued at 2% of what AVCT is.

Shows you the potential.

Nai/DYOR

31m shares in issue.

£31m market cap at 100p sounds about right for me at this moment in time.

If you sell you’ve got to be prepared to have to pay more to get them back with the silly spreads the mms have in here to protect themselves.

Nai/DYOR

There is no seller here.

You can’t buy any shares at 26p currently.

Mms have got rid of the wrk holders and done us all a favour.

Now for the real rise.

40p close anyone ?

Nai/DYOR

The company is in promising discussions with several multi-national organisations

www.heraldscotland.com/business_hq/18485556.coronavirus-poses-challenges-glasgow-technology-firm/?ref=twtrec

Nai/DYOR

Perfect thanks Riddler. Be good to hear the q&a.

Nai/DYOR

Is anyone asking the company questions and what would they be if you’re happy to share ?

Nai/DYOR

They want the shares for some reason. Can sell all my holdings at 0.63p. Highest it’s been for a while. Either buy orders in or news coming.

Nai/DYOR