Member Info for Jace86

Could be as simple that the delay with this one has been barrell prices? With talk of a placing, Ive seen other users quote there is 3 mil in the bank? Is there or isnt there?

Getting a trial at Target is a good achievement. I wonder if investors over here in the UK though dont realise how big Target is in the US and thats why this hasnt gone to 5.5-6p already?

They'll have a pre-scripted response to issue to anyone enquiring. Some detail would be nice though as to scale of the fault, timescale to fix it and if that impacts output going forward.

I reckon a market maker was waiting to acquire stock in order the fulfil the buy and thats why selling was easy and above bid.

Their target was 250bpd. In October they was at 200. Couldn't have been far off that until the news dropped.

I think that's what scoredagainsteps might have been referring to earlier. There was appetite for people to sell shares above the bid.

15 March was the last news on ENVIA. Barely a long time ago...

Nah, I wouldnt bet against the pound...

So far theres approx 1m more buys than there are sells. this should help in the long run with any price rise and increase the rate that the price will rise off the back off any positive news as it'll mean there are simply less available to buy.

It's very optimistic. If trial results go well though and someone else looks to fund the last trial as part of a licensing/partnership agreement to avoid dilution then it is possible. I take what Northland say with a pinch of salt.

The things that done the damage this morning have appeared... now that those are out of the way let's carry on as normal.

And that's a good thing it's discovered at this stage as it could then be replaced or modified as needs be. Certainly before anymore get built. Better to have it now and get it sorted than be like BMW with their recent engine shutdown problems that resulted in a massive quantity of death traps being recalled.

Mikemine - it'd be like scrapping our new aircraft carrier because there was a minor leak on one of the propellers. For now we'd assume Q3 is the target as all it does is push the expectancy back a bit. Either way today some have allowed themselves to get mugged into selling!

14-15p close I reckon. People are too fast to panic. Then drops might have triggered some autos. Snap them up cheap while you can!

Really not that bad at all. I reckon it'll pick up with people buying it on the cheap as it consolidated pretty well at 16p. People selling and taking hits on it are just getting mugged.

On market open

Obviously all down to the markets to decide. But if people start selling here they are daft. It's gone up 70 percent in a short time frame. You should look at it on the view that the company has delivered this info without it being leaked out to the wider market first and they've been honest about it. The exploratory work now with the ancillary unit may help as there may be an opportunity to make enhancements.

Yes, it's not the news we was hoping for but there is still plenty of updates to come. The other reactor still works and will be working. If the tech was the root cause they wouldn't be able to run that and red rock would be suspending the current order. I see a few trolls have popped up...

Massive amount of buys vs sells yet no budge! Doing a dummy sell I'm getting a quote of 16.75.

Possible it could go beyond 30p. Very low share volume and if interim news is good many may not trade but instead decide to hold for what could be many multiples in the future. Or indeed take profits and leave some in for a free carry.