Member Info for Jace86

2.5mil mcap you can't get much lower. Moderate amount of cash, facilities available, Badger prospective numbers given with farm out material being produced. Producing asset as I say will propel this. Just depends what we can get, how much for, if any lending is secured on it and then the numbers.

Spread being reported isn't accurate though... majority of buying at 0.9 and selling between 0.83-0.85. If I had more I'd look to throw more at it too.

With cash flow people will pile in I feel. Either newbies looking to get in with less risk of long termers looking to reduce their exit points. If it's a decent producing asset the SP will hit many times the current SP. A nice statement of projected revenue from a producing asset to make the numbers clear for people to turn the rep around would be good too.

Yes, thank you Fox. It does sound like there's no rush to push for the wrong type of deal but instead there is a want to move for near term cash flow - maybe then Simon can take some summer hols once we are all catered for? Interesting to note that Resolute could be for either in the UK or Indonesia. I'd of imagined there'd be alot more he wanted to say but just couldn't as yet.

I would have expected to remain at least at 1.1... again though it's sentiment. I guess as more news comes in that will change. Unfortunately this share has a reputation for using shareholders to raise funds and give virtually nothing back. As soon as Simon changes that, then this will move along with news. So I'd like to see you acquisitions of producing assets using other facilties we have.

118776 even... anyone fired any questions off?

Oh dear...

Ok, own up... who is the PI that got bored very quickly here and lost some cash? Not a bad RNS, was hoping for more but our share depends on Atlantic hopefully pulling out and whether we get more of Eagle or if we do RTO. Should be a farm in too to keep costs down. It reads like one drill will take two targets which will also help with costs.

More importantly what asset and under what terms etc

From skimming that it sounds pretty big... maybe I'm jumping the gun here but could our interest in Badger be moved to Resolute O and G and what's left of Andalas be swallowed by by an RTO? Not seen the debenture doc, any link for it?

Didn't realise it had fell so much, like copl I want to accumulate more here. Just need another low baller with imminent news due to make a huge jump and I'll be in for more here and for copl.

Two nice buys!

I honestly just don't see the point. I hope these are just remainders being released to the market post consolidation.

Ouch horrible for both. My worst one was in IMM... I managed to successfully turn 26k into 3.5k... I would consider averaging down though as and when news comes in to help with your exit point should you have intentions on doing so.

I was gonna try and stay off here all day but let's be honest I just couldn't do it... Whilst the silence is frustrating I do believe it's right to allow some time after consolidation before putting anything out (assuming there is something) so that issues with brokers, sellers and triggers are all sorted. No summer weather up north... remnants of a storm should be hitting us over the weekend too. For everyone else, enjoy the milder weather and sun if you have it.

Fingers crossed. Id like to make a chunk here and throw it at some other shares that have recently hit new lows.

If a deal is nearly due that the placing hasn't been done at a premium. It's as if it's been done on desperation.

Not a bad idea - think alot of PI's need to switch off for a bit and just subscribe to news.

Loan note option still on the table too?

Surely the cash is enough they have? Or PSC the damn thing?? Indo have an issue in that they cant attract investment. Walk away if it's no good, simple as that.