Member Info for Horult

Not really the market cap takes into account how many shares there are

if you are trying to compare a SP then it is prudent to also mention the quantity of shares

Absolutely gobsmacked this has dropped back below 5p after transformational news

is the market really trying to fill that gap back to 4p?

I think its just ended up at awkward timing

if LP had landed 6+ weeks ago I think SP would be a lot higher than it is now

as it is with velo TD due within ~7days, I suspect a lot of people are waiting for that before buying in

regardless of duster or strike I think there will be a lot of buying after that

Just reaffirms my move away from long term investment and onto shorter term ( on aim especially)

companies coming off long term downtrends

upcoming spuds

some funds as cash ready for unexpected news from RNS or daily droppers - I did ok with TM1, ALL and REVB, not so much with PXEN but 3 out of 4 aint bad

if I zoom out to look at weekly charts, KOD, ALL, HE1, QED, VAST,PXEN - they are all on downtrends, so this is not a longterm investment more of a short term spike catcher if you can. You'd kinda expect the RNS this week from ALL an PXEN to halt the downtrend but it hasn't

MATD mind you, from that viewpoint is on a longer term uptrend from last december, waves up and down but overall uptrend, that technically could be an ok longer term investment

Market is just weird though aint it

you can't predict what will happen - I guess if you could we would all be millionaires!

we just need to be better at picking our battles, getting out earlier - yeah you may not gain as much but your also not risking the loss

matd transformational news for the company yet pulled back a lot today, I was more expecting continued rises like we saw on prd

pxen started production this week, 80k a month burn rate - but from this month they have a 300k per month income - yet the SP has dropped since they announced production starting? market cap of 21 million seems a bit small for a company getting 300k per month

wtfdik🤷‍♂️

Its been dropping off for weeks, so yeah today it does look like a small drop but compared to the 7p...its 30% drop

they have obviously had issues for a while with missing multiple deadlines

so why was this info not released to the market?

it is obviously info which would directly affect the SP so surely legally it should have been RNS'd?

People lost faith in the company, they got rid of Minch and that appeased us - but now its looking like he was just a scapegoat - Lorna likely the next. But nothing has changed company still messing about, it's the bod behind the ceo face that need to change imho

I'm more annoyed with myself than anything else lol!

company has history of mess ups, I could have fully got out at 7.3p

Boil has been rising all week on the daily chart

it is poking its head above my downward trendline on the weekly chart - but fairly low volume so will it stick or bounce and continue down?

will be interesting to watch next week

It has recovered fairly well, bound to finish still low after that rns

but if I had not already been in, underwater for months and crying about it - that would have been a good rebound play today

😪

they really do like to try and give flannel and positive spin on this stuff

do you feel recognised for your continued support dai?

and I bet you are extremely happy they have given you a chance to buy shares 30% cheaper

This cat has 259 lives, maybe more I kinda lost count 😹😹😹

Typical T212 trading on low volume shares - my sell finally went through just now - I set the auto sell yesterday at 1.55p

the buy happened fast as there was the massive trading in the morning, but once the liquidity dried up in the afternoon it went back to usual slooow trade!

on the upside they got me 1.60p which was more than I was expecting so about 14%

on the downside - it must mean its now ticking up lol

To be fair to the rampers

the price of 27p/58p without/with velo striking is actually in the official company documentation

but yes nothing is guaranteed

REVB looks to have quietened, not even a friday fomo seems to be occuring

it could just be a breather before next leg up but I'm gonna take my 15% and run ( hindsight I should have taken the 20% on wed )

Another raise here today, was pretty much expected

I had a feeling with that RNS earlier in the week they were trying to pump it and raise off the back of it - but the pump failed

balancing of the knife edge continues

Last comment relates to PREM, I was not clear on that

What a crazy week it has been!

hope there is no more excitement today I cant take it!😁😁😁

though saying that the 10 days for canmax to officially object to the force majeure expires today, there could still be something there to come today!!!

They had the option to raise so much more

could they not have raised the full amount and completely clear of the debt?

yes massive dilution

but then when diamonds come in do a big share buy back?

or is that kind of thing too logical?

Just seems bonkers to me, trying to stick with sofori who have missed multiple deadlines

or go with drillmec which are a proper professional outfit

assume they are still trying to frill first my sticking with sofori, assuming we would be drilling second with drillmec as noble managed to arrange it?

but that's crazy - go with the professional outfit and get it done, who cares if we drill second? - as long as its THIS YEAR

You would have thought so which is why its confusing, so the question is

what the f*ck are they playing at?

...maybe noble have arranged this new rig with marriot - and we could only get joint hands on it afterwards and be drilling second. By keeping with sofori we still may drill first???

it still doesn't make sense though. If sofori are dicking us around and we have option of an alternative rig ( and what appears to be far far more professional outfit ) just get it signed even if we drill second

will be utterly gobsmacking if noble are drilling and we get delayed by yet another year

I would 'guess' that it is HE1 who have the signed LOI with sofori, and noble have not

so we are doing the right thing legally in trying to get things sorted and issuing a rectification notice - but noble are just free to walk away

annoying that they have issued several deadlines to sofori, yet remained completely radio silent with us