Member Info for Interestking

Potter - “A major in the data room at the moment.”

Vox podcast.

And to all those shorters on the 5th November - burn baby burn!

OLD

I think your numbers are pretty accurate and I, like you, will not be selling without a pound sign.
GL mon ami.

Somebody knows something!!!!!!!!!!

Jim absolutely bang on there. Meant to say that in my rant earlier but forgot.

For clarification —-If you are up against your ISA limit then sell some BPC and buy the OO to ensure a drill.

GLA.

Ok I am usually very balanced in my views as regulars will know.
HOWEVER:

This is about as good a win win as you will ever get LTHS.

OO success equals a price of 4p by end of November equals a double.

WHY?

Because it is self fulfilling - full subscription equals a drill.
The speculators will converge and they ain’t going to bet against a strike!
Ergo up we go.
Why 4p?
Because last year when we had a major interested I.e. potential drill, we got to 7.5 p.
Pro rats new issuance re OO and CLN and we are at 4p ish.

Why would you not take up at least your entitlement unless you can’t afford it or you are a deramper.

If the OO fails which some shorter folks/IIs hope then the price will be 1p.
In other words anyone not buying into this is undermining their own holding.

My information is that the majority of the LTHs are taking up all of their allotment AND subscribing for very significantly more of any leftover.

For good order and full disclosure that includes me.

This is like betting on a sure thing which you might ,if you are lucky, get once in a lifetime.

I am not a ramper I believe all of the above.
GLA.

Two of my brokers hold BPC on my behalf.
One has released my entitlement to me which I have taken up.
The other has indicated it will release as soon as possible but no sign so far.
I guess it is a function of whose Corp action guys are most efficient.
GLA.

Absolutely JBT. Go for as many as you like Bapuk!

Any oversubscription will be published and will send the SP higher for sure.
How many you end up with on oversubscription is an interesting question as the motion to increase share issuance at the AGM was a lot higher than the OO and CLN so would the Company increase the OO in order to raise more capital towards second drill?

I don’t know is my answer but like to think it is a possibility.
Any thoughts welcome.
GLA.

@£3 a share I’ll BUY Langan’s to ensure we have enough horseradish!

Surely a fiver!!!
GL

“City unable to get a placing away at much lower levels “

The City (If there even was an attempt) priced it too low and failed - again too greedy like the majors.
Why issue to IIs @ circa 1p when Shore underwrites $1mill @ 2p?
GL.

IMHO LAALEE

They have only not come on board because of price of entry.
It doesn’t mean they aren’t interested it means our BOD have out maneuvered them.
They are too greedy!
GL.

Very difficult to find horseradish that has dropped to the ground ergo we are murderers (ref Notting Hill) when we pull it up and accessories if we buy from the shops.
My I feel so guilty now - I’ll come quietly Bryn.
GL.

Maybe it’s just us then.
Each to their own eh!
GL mon ami.

Sorry Bryn don’t understand the question. Is vegan some sort of Geordie word?

Barnaby - Invited!

Pete - Invited!
GL

Not sure of that Spirit.

Eytan implied in the interview that farmin partners will lose advantage the further the process progresses.
Of course they are not going to spike the company’s guns by upsetting any serious farmin partner.
However I suspect that if the co can fund its own well it would prefer todo so.
If a farmin becomes that serious at this stage they have to have some give or take.
Of course I may be being very naive.
Answers on a postcard......

Lint I suspect the shorters are getting nervous and starting to bottle.
The point is that the higher it goes now the more they bottle as the OO will be achieved and possibly oversubscribed. It is exponential.
GLA

If it’s a crap board then don’t come on it.
Won’t waste anymore breath!