Member Info for Jimithebrush

At the end of the day it doesn't really matter what anyone predicts Mr Buck is going to do what he believes is right wether we like it or not. He has laid his cards on the table numerous times and shown hand, Whatever is released in the next RNS let's hope it's positive for all involved and gets us out of this downward spiral. GLA

Or they could just do a SOCO INTERNATIONAL and sell out. GLA

If that is the case and we do get bought out like Sirius Minerals, before we go belly up, I hope it's for more than 3.5p or damn near it. GLA

Following completion of the share placing which the Company announced on 14 July 2021, and in accordance with the terms of the loan agreement through which Petrovis Matad Inc ("Petrovis", the Company's founding and major shareholder), had agreed to fund the Company whilst it secured the Block XX Exploitation Licence, Petro Matad has now used part of the placing proceeds to repay to Petrovis US$459,000, being the full amount drawn on the loan plus interest.

Replacement - Block XX Exploration Licence Update. 12/4/2021 it in this RNS Doc if you missed it. GLA

IMHO I reckon a consolidation of share's and a raise would be worse than a Bergen death spiral type deal so hopefully I'll be gone soon and take my health and what sanity I have left with me. GLA

So what other names have you been known by stockmaiden before 2024? GLA

Maybe MB will put something out, a little good news to pump the SP up a little before announcing the devastating raise that I (some) think is inevitable. May get my out price sooner and I don't suppose I'm the only one either. GLA

Woodsmith is only a stones throw from where im stationed, reports have it that things have almost come to a stop because the mines themselves are leaking a lot of water. Yes that's one venture I would love to forget but have to pass it often, many locals lost a hell of a lot of money some in the hundreds of thousands cos led to believe it was a no brainer well anyway lesson learned on that. 3.5p can't come quick enough. GLA

Thornogson (captain) we have spoken many times in the past but I have now come to the conclusion that it's not worth it to me to hang around much longer. My time here has wore me down and my enthusiasm for this share is practically none existent but I will hopefully get out even and just do safe boring shares on ftse 100 perhaps. GLA

Managed to average down to 3.5p from when I bought my 1st tranche back in late 2017 not long after my Sirius Minerals debacle. Made some returns over the years and on occasions doubled my investment here a few times but held out for the big payday. So I suppose Mr GREED took over. Anyway 3.5p will do me and I'm out of here for good. GLA

On reflection if so many people on this chat board are so confident in their investment choice IE Matd why are some posting incessantly everyday like 28, 30 post a day and more, it's not normal, so perhaps they are the ones struggling to deal with reality. I just want my average SP price so I can leave this cesspit AIM casino for the more brave ( or stupid?) take your pick. GLA

I distinctly remember the CEO once telling us he didn't want to hit shareholders and dilute anymore and a matter of weeks after that statement hit us with massive dilution and then again not long after. I hate to say it but I think this time we're going to be hit with the mightiest dilution possible. I just don't see PC playing ball but the government are being ever so supportive tho (joke) Again every day without news will just make people more suspicious because MBs credibility is rock bottom right now, maybe not as low as the SP right now but on par. I really hope he can turn this around just for my wallet's sake. GLA Were going to need it.

Maybe a possibility that the cash owed for stored oil could be incorporated into a deal with PC and used as part of the sales agreement and administrative fees so no cash in bank at all from stored oil🤔 GLA

MB trashed the share not the shareholders, fact. GLA.

That's quite ironic coming from you master are you now defending MB, Irony, someone buying an all out electric car to save the planet and a tree falling down and crushing it. 🤔 GLA

Why bother taking it from one storage unit to another if no sales agreement no money is exchanging hands and no export licence which we can't get until we get a sale agreement and how long will we have to wait to get the cash from PC who took years to pay up a tax bill that the protesters demonstrated for for years?? GLA

I think a consolidation would break a lot of souls especially LTHs. If a consolidation was to take place with a placing what would peoples thoughts be on a %idge rate of say 10/1? 20/1? As I presume if it was a reality many would be looking at 30p 40p maybe just to break even???? GLA

I see our traders over the pond up 194% yesterday would be great to see that kind of lift here but sadly. GLA

And all the while the refinery is still being built and only 200 barrels a day to feed it.Borzon Block VII a new distraction but will the funds raised be used for that? Really does seem more and more everyday just another lifestyle company at shareholders expense. Hope not but the refinery is going to need plenty of oil to feed it, this year things really need to improve and show us shareholders some real value. GLA