Member Info for Jace86

Happy new year! Q1 seems well set for us here.

Max, I've only done it after posting my warning on here to not continue with it. I'm happy to leave it here though if it all stops. Maybe everyone makes it their new year res? All the best.

Thank you philg65 - I did post something similar to encourage rbk to stop but he kept on. HNY

Nobody is forcing you to post on the adl board like you are saying... I wish all luck here but like any aim minnow be cautious as has been pointed out. We have at least been told that deadlines have been extended before the year end on some of our projects but here you havent. I have answered your two points on my board now I have these: Crypto, particularly bitcoin seems dead and heavily manipulated and the cheapest place to mine would be Iceland with tonnes of surplus geo-thermal, not Serbia imo... when I used to mine energy costs even at their cheapest recently surpassed the returns I was getting when bitcoin was valued at 3.5k GBP. Waterpark, what would clp need to pay to develop it as suggested to make it a larger all year round resort and where will the cash come from? Given that Italy is practically always on the cusp of bankruptcy is it a safe country to be investing in? If the appeal for the land falls flat it's a complete write off and what people are banking on simply won't come. Have you had confirmation that the funds from the recent case have been settled and paid? What if there's an insolvency proceeding in a bid to wipe it out completely? And with this latest investment, whilst savvy to do it with shares at a premium how much revenue will it bring in for you? I can't remember what else you have here as I'm working off a phone but for longevity it's questions that need asking.

The results are dated from 30 April. If you factor in placings since then, acquired projects and what we've been told running costs are I make the balance at 750-800k.

We are told that costs are about 60k per month to run the company. Granted anything deferred will need to be paid in the future but when there is so much expected near term activity and one is fully funded the other will self fund or may need a small raise to get cracking and become self sufficient going forward there is a good opportunity here. BOD renumeration isn't an issue for me when costs are being kept low. BOD have options beginning at 2p. Simon has recently bought in too (cleverly at the lows).

Thought you might have dipped out, didn't see a post for a while. Newsflow will start when wick is done I reckon but bunga could come anytime between now and then.

And I'm fine with that but when someone declares that their motive is that they are here because someone is elsewhere then that's personal. Thanks for wishing us luck although I do think colter and bunga are almost certainly nailed on.

If everyone on here started to rubbish clp. Debate with boom on that board and keep it on that board. Like many of us here he's been very patient and has now been in for a good while like me. Of course I encourage all to dyor but colter coming up, we've been told bunga update by mid Feb and Badger is being re-analysed as there is potentially alot more gas to be extracted. Remember, Atlantic ditched and settled on other licenses and seems desperate to keep Badger. Indonesia is wanting investment just to keep its lights on and wick is being drilled as I type with Colter to follow. Colter is adjacent to the biggest producing field in Europe. Approx 2mil barrels to adl with a very high cos.

That'd be for starters and a point to de-risk from...

I thought exactly the same but simply didn't want to say incase I cursed it...

I pick the 20th for some news... (very quiet, nothing else to do but speculate).

How this performs on NEX? What I wouldnt like to see is it removing from aim and then being solely listed on there. The drop is highly disappointing but I'd be cautious of someone really getting this on the cheap if any kind of accumulation starts.

Last few trades might have all been buys as they sent the price right up...

People have just grabbed some bargains by the looks of it...

I think Badger will be the longer term but nearer term will be bunga and colter. So really rooting for the last two as that's where the much needed short term cash flow is. If anything else comes in it will be a bonus.

Some nice buying just gone on in the last 30 mins...

People must be selling at pretty big losses here especially if they bought in at or above the last placing. I think bunga needs bringing home...

Completely agree. No need to sell here! More gas and news on other fronts due

It won't let me post with that subject... it seems its not allowed! If you search #adl on twitter you should come across it.