Member Info for Jace86

I've bought more aswell. Only holding 14 mil which is nothing compared to others here but if this rolls into something with a 25-30mil mcap it'll be significant. Hopefully can add again before Friday.

Paul is incidentally doing very well in BLOE... (surprisingly young for an oil and gas ceo at 36... but good on him either way)...

Needs to be a clean shell though. For me they'd need to drop colter and divest from eagle (unless eagle becomes the RTO target). Then theres ensuring the ipp nonsense has no consequences.

Reading the rns it looks like they've some heavy loans!

On HL it marks the nav as being 23p! Not in here but whats causing the sp to be so low compared to its nav?

Maybe it won't...

Could finish neutral by the looks of it. Dropped on nothing, ticking back up on nothing.

He wants a listing. I'm sure theres work that needs to get going and it'll get going via this shell. Be optimistic.

The thing is though theres Antos with the high holding. It isnt over unless he walks really...

If the bod dont do whats in the best interest of the company then the bod go. If the bod deliberately try and screw the company and investors then theres every possiblity of them being held personally accountable. Bod and business are two different entities.

Im trying to raise more funds to buy more today but I dont think I'll get it until tomorrow now...

But given their track record...? They'd issue prematurely and take far too much out... If 1 and 4 didn't conclude in that they could issue more shares as they see fit and were only to act in instruction as part of the RTO I'd have agreed. How much they've wasted so far is astonishing and how often they've raised and for what?

If they want to see this through they'd have compromised by now. Post RTO would have been the time to approve issuance of further shares at a much higher price.

I think people selling here to go chasing elsewhere. It looks as though the co is taking steps to bring in some business. Tech patented in the US and maybe in the near future there will be disclosure as to who they are talking to at high levels. Drop was really caused by the persistent seller that's now gone. This caused a few others to sell but it should creep back up. New tax year coming too... end of March and start of April do usually see movements.

Question, when anyone else physically buys in, their shares are held direct (if you look at an RNS) - why are Seb's indirect? Has he bought or have these been given or held in some way? Optiva are also indirect.

If I was a bookmaker I wouldn't take your bet at this sinking with billions of shares only to consolidate again in the future and have the cycle continue...

As well as that, this is known as a bargepole stock... when we had badger, bunga and colter no one piled in with excitement here... the mcap at its peak struggled to see 3mil

Silly question but are you confusing India and Indonesia? There's never been any mention of going to India... The international dialing code on the RNS too for Simon is Indonesia and not India...

And that placing will come all at once with there being another GM to beg for more. All for the contrarian approach (I'm in PSL currently) but when theres Optiva holding stock that I assume they didn't shift and one person bought in no one knows much about there's little dots to align.

Greg, just the one failed drill at colter cost 8mil. A bit of consulting looks to have burned a mil too if you look at placings from April 18 until now. There's a hole burned somewhere and money is leaking through it. The investor show wasn't free for firms to attend either so they must have put money to go there and simply didn't show - earlier posts indicate Simon had "other commitments" I was in here from around July/August last year, seen the consolidation, several placings and shares get issued for bits of seismic and a temporary extension. If you want to put your money in here, feel free but with what has happened in the past I don't see how the current team can keep their jobs!

Thanks babbler. Just at the start it's mentioned that the US have not long ago granted patent on their delivery method for advertising. Can't find this in an rns. Potentially massive on its own - just speculating if any of the big streamers need advertising

People may jump in for a trade but you'd be mad to do anything else... the company has people working for it just taking cash for zero projects. With what little is in the bank anyone would have to be careful of a pre-placing pump of any kind. If they was to acquire any project, an immediate placing would be needed to fund it either way.