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More likely it will drift down until such time as initial results of the drill are made known.

Let’s hope there is not a placing around the corner to divert train into the siding

Brave man, at least wait until they drop below 1p

Looks like they will succeed, and this will be under 1p before we get news.

Well I just hope that for criminal behaviour that went on of late did not dube too many genuine investors into selling at a considerable loss.

Lesson learnt, if you are fortunate enough to stumble across a high risk no substance share that for no logical reason spikes, don’t just recover your stake. Looks like no free ride on this pile of rubbish.

Who was it that said that calling for an ESG would be disruptive and see the sp slip into low 20’s? It is doing that all by itself, while the board sit on their hands and burn through remaining cash. What a shambles?

If it’s such a good investment for them and given the supposed imminent huge financial windfall from Tunisia, why not borrow money rather than issue new equity cheaply? Either lenders are not so confident about the windfall or the board getting their mates in on the cheap. Take your pick.

Irrepressible optimism in the face of a declining sp

Okay, once sp has drifted down to a low 20s as further delays announced, no activity reported and further fund raise, then investors, now with their head in the sand, will likely change their opinion.

Absolutely, but for once in his life he needs to feelreal pressure on him and that a significant group of shareholders are appalled at his lack of ability to perform. He must be forced to set out a plan with measurable milestones and it be made very clear that if he fails to deliver he goes. The long all of this goes on, he just draws his big salary and holds it up hands up in the air saying not my fault. Utterly shocking, this is the way this business has operated for many years.

Shareholders with a combined holding of 2 billion shares would be required to achieve an EGM. This requires some of the big holders to show their hand and take a lead.

If he and the board are not to be replaced any EGM should push for their packages to be linked directly to performance, starting with a pay cut. They have never experienced any pain for their lack of ability to deliver over the years and will carry on as is unless they are held to account.

He only holds 42m shares, a pittance

Agree entirely he completely lacks the ability and I fear motivation to get anything done. Track record speaks for itself

Abject failure, typical of a lifestyle company with useless management, stringing investors along. Surely now they are drinking in the last chance saloon! Following their appalling track record, I don’t see any further possibility of them being able to raise further capital.

Yes, at least we can be thankful that it’s not fallen below 1p. Hope I am not tempting providence!

Why would somebody be selling so many at such a low price and no doubt bearing s considerable loss if otherwise the price would rise? They sell because they don’t believe they will see a return and sp will continue to fall

There is nothing of substance on offer presently, just potential at some point in the future. The speculative bubble of the last few weeks has now run its course and some will have done very well out of it. I cannot see the SP moving up significantly in the absence of any news on successful product development. Clearly many sellars are not confident and that is why they are getting out at these apparent low prices. Time will tell!

A drop to 0.25p seems far more likely than a rise above 3p, never mind 13p! It is likely that many of those now selling are investors who stoked the rise to 13. They would now not be selling if they consider there is any prospect of a short term rise. I participated in the rise and fortunately sold a portion at a reasonable profit so now on a free ride. I am content to stick with my investment as I believe this is a reasonable mid to long term hold and gives me exposure to an interesting AI play.