Member Info for ismalia

What else could he say? We know we are now on the way and can expect progress reports.

Half year figures out about this time - they may tie something in with them.

Chris Johnson effectively controls the company

Why invest further funds at this time? Not a huge amount but this is effectively a shell an could need cash fo DD on a potential RTO. Could be an interesting few months - CJ is not a fool and would not advance cast just for the sake of it.

I have been invested here for some three years and also have an interest in TTAU which seems to be a potential story in the making. GLA

Funds in place in case of need. V good and on that basis in place as the possibility of need is considered high. Interesting year ahead.

Until we have further news the sp will be driven by investor perception but in the very short term it may hold at 12/15p. Do we know if Leni has sold out as he once said that WSBN was undervalued. Also do we know if RP has left the Board of NQ Minerals or is he assisting the administrators. An interesting 2022 as it seems that Australia is now up and running and is the place to go.

I suspect MetalNRG may have to be suspended now until any material issues are sorted. I must say I never took to Rocco and I said this at the time. To me he didn't seem to be a team player. We will see how things move forward.

Novykluck, you will find it in the last Annual Report sent to shareholders. Y/E 31/12/20 GL

I have topped up again this morning having decided that the sp is in no way aligned with the assets and potential income. I have put WN to one side as this will be a bonus when it happens and happen it will and the interest we have in it will be sold IMO. GL all and buy from frightened folk.

Novykluk, see page 3 Chairman's Statement, third paragraph.

PPC is imo substantially undervalued and the divestment should imo allow PPC to concentrate on its existing oil interests. Atome will be taking the news in the coming weeks but PPC will be the one to watch.

I could not agree more. All the news is good and the sp will reap the benefit during the coming months. Buy from frightened people and look beyond the current sp and MC of about £5m.

Are we missing a trick here simply thinking about what we don't have rather than what we do.
Wressle is a high income producer at the moment but has further growth prospects so we could even see break even this year with substantial improvement next year. Biscathorpe would be a bonus if won at appeal and WN may turn out to be a lot better than thought. There are also other wells producing that could have further production. We are out of favour but I feel sure investors will wake up as Wressle develops further. GLA

Revenues of about £6m pa from Wressell alone at the moment with more to come as it is developed: so the current mc looks a bit mean to me.

Council meeting tomorrow then. Approve or not

How much do we think it is going to cost to dig to the resourse, remove it, and importantly how long is it going to take as I cannot see this being sold to a major now we have the new investor on board.

We must remember they will need more cash at some stage and it wont happen over night.

Seeking to increase the issued share capital as well which no doubt will be needed to acquire new interests and raise money. Could be an interesting 2022

We are late with the numbers I guess. But why does it take so long for a small investment company to value a few small holdings - no doubt they are doing it on a monthly basis anyway.