Member Info for Jamesthesecond

SB- when I tried to buy, there was no offer- goes into auction. tick up coming.

Bid 0.1765 in good size. Offer 0. Cant buy any.

the lease will get renewed. Typical Africa-everything is late

There were 5 parties interested in SFBY other than SOU. Now SFBY is fully operational and turning into a cash cow with the added bonus of storage in the future, some medium size oil company may be interested.
Irrespective of any potential bid interest the imminent £££s will do the talking. Just a little more patience required.

Still some dumping!!!

Push2- Good practice would be that Angus provide a clear update on what's going on. RNS should be released without delay stating the exact position, about flow rates, fluids, pollution etc including date of full fledge ££££s. Its not rocket science.

PF has been selling all this week too, yet to be confirmed via RNS. Market is happily absorbing all which bodes very well. Come on ANGS-lets have the £££££s flowing.

Now we can expect news soon. Probably early next week. The selling is done except for some small profit takers . I expect the rise back to .18 plus very soon and doubling on that on news next week. GLA.

its a sale of balance of the placing shares. now we can move upwards. overhang cleared

until the overhang from placing is cleared this is going no where.

meanwhile there are at least another 15-20 million shares overhang from the placing left over.

I will be amazed if we do not hear anything by close tomorrow.
Absolutely true.

that is the price you pay for settling debts via confetti, a trademark of GL. Nothing wrong in PF disposing shares to get cash and what better time when there is demand. One should be thanking PF for accepting confetti to bail out the company from GLs incompetence.

he has said that discussions for additional finance are ongoing. we all know $18 million is needed. Placing will bring in $6 million and bank has agreed to provide $8 million. There is a shortfall of $4 million and the RNS has said that they may seek more from the bank or seek a mixture of alternative finance.

Nothing to do with MMs. There was massive sells yesterday with some late buying. Sells exceeded buys by a mile. Today some scrappy buying/bottom fishing amounting to pea nuts.

The company has stated very clearly and categorically that there will be no placing except for an acquisition. So pray there is none as the BOD can barely manage one asset at a time.
The cleaning operation is an imperative as we do not want any pollutants entering the plant. a few more days makes no difference for the sake of safety and efficiency.
Let the £££s do the talking and they are imminent.
As far doom and gloom merchants are concerned, filter or ignore them.

Push 2- Some people just remain in denial and reject the obvious .

Its a matter of When !! any day now.

Chunky sells going through.

someone spent £2 in buying 1311 shares!!! Absolutely mad.