Member Info for Jiff

Dipped my toe in today. Looks like they have some good news flow due on multiple fronts.

Just paid 21p for a few more. A serious explanation is owed by Art. WTF is he doing with our finances, I thought he brought in a finance wizard? I am a LTH just dismayed at what appears to be crazy actions by our CEO.

I am unhappy with another raise. $8M raised previously for Cuda bid? Mass dilution through multiple cheap placings to Institutions, millions of options to directors, taking $13M not $10M (really?). Seems like purposely handing millions $$ to the big boys. As an oiler I still expect a huge return here in next 12-24 months. It will just be 20-40% less than it should have been. FCA should look into it as LSE Main listed, but they won't. Have bought more at 20.75.

Not an AIM share, main market listed

Art bought knowing of the defaults, even though he deceived us PIs, by not informing of the default via RNA. He is either very happy with the company direction or implicit with the Wonga lenders, which seems unlikely.

Surely an LSE main listing company would have to report this default to shareholders immediately? This must be withholding material information, even CSE too? Not happy but still way undervalued as we stand. Creditors win as always. Hopefully new loan will resolve future issues.

Sell price recently at 72.25

16 horizontals for deeps delineation plus 8 wells at BF. Sounds like they are confident of success at deeps. Just wait for Xmas 2022 guys and gals.

50k Feb, 60k Jan. 10k down, less 2k a day for only 28 days. 4k short, divide 28 is around 142 barrels less in Feb. Still income of ~$5m to the group for Feb and Cuda news today will be good.

TheCanuc posted on Reddit that the Feb production figures for swp are released. Seems to be down 140bod compared to January at a glance. Hope he gives a good reason for it today.

Courtesy of Castle 2012 from CRCL BB. Maybe VW are locking in their deals. Skoda Annual presso tomorrow morning. Maybe an update on Lithium?
'http://www.rte.ie/news/business/2022/0321/1287520-volkswagens-nickel-and-cobalt-deals/

Taking Daceons lead, I will have $25M but to Chevron.

I feel this deal looks good for shareholders. IMO
Warrants at 20% premium to current SP. Any conversions at 130% + to 15 day average. $10m+ due next month. Settling other debts and target to not dilute us. Lots of share sale limitations if converted. I expect he is very comfortable with our financial position now. $2M could be to sign off Tilapia? Looks good from where I am sitting. GLA.

CP. It was Tunisia not Tanzania and a previous PSA transfer was being delayed by red tape so a 2nd purchase was done buying the Tunisian entity holding the assets, completing very quickly. Zenith Energy.

Found this today. KC states Production in 2024 and offtake discussions happening, looking to secure in next 6 months.
https://www.marketindex.com.au/news/european-metals-holdings-asx-emh-expects-continued-strength-for-lithium

CP, thanks. Did not want to stir up MrC. Have seen this method of sale recently and was efficient.

Is our Tanzanian asset held in a Tanzanian business entity? I ask as my previous post today is missing, at least for now. It can then be sold within the business entity being purchased with no transfer or approval wait required by the Tanzanian government.

Interesting, as the Uranium permits at 3 X Wedding Bell sites are due from Colorado Dept of mines with latest Decision Due date on the 18th March.

@Dougb. $4.2B value would be ideal. It is currently the 2.2.22 and I reckon £22.22p would be a fair take over price in 2022. I believe this is about right for $4.2B give or take a few pence. Only a matter of time. GLA

Hydrogen will be fuelled at modified petrol stations, filling up in minutes unlike charging electric vehicles. In 10+ years I expect Hydrogen to dominate the market but in the 2020s electric is king. Watch out for early Hydrogen plays in the near future. IMO.