Member Info for JohnHenry

Pretty much at the last Placing price @ 9p.
Company certainly has a communications problem.

TBH an absolutely pointless interview. I want to hear about the companies plans not bang on about Irelands energy problems i can read that in the news.

Sounds like an up hill struggle to get anywhere in Ireland. No Mention of Morocco.

200k 100k sells capitulation clear out day ??

Last week or so has seen some fairly large sustained selling.
Distressed seller or peeps just fed up with the lack of activity and on the ground progress.

Grow and expand the business so its profitable.

Im guessing they have enough funds until Sept/Oct

1st year they burnt about £7.8M, June 30th last year they had £5.7M in cash they raised around £3.5 approx from the sale of Bitcoin. If the burn rate hasnt been reduced then from July i would expect them to have around £1.5M in funds.
Approx figures.

How do your work that out LOL, company is loss making and burns cash. They will run out of cash without an injection of funds.
Until profitable company will need to raise funds.

Joe look at the cash/results, cash sold from bitcoin, burn rate ???

They are also running out of cash.

Market/investors are certainly losing patience with the lack of testing /drilling progress.

Read, there was 40 + names 5 months ago.

Great RNS today, however Funding issues still overhang the company.

Hoping to see support again around 8-8.5p

Company has delivered some shareholder value, the real returns will be added IF they deliver commercial flowing gas.
Hence the £30 Million MKT Cap.

Nope was sold last year. Funds needed very soon.

NicetoMichu 90% of shareholders share your frustrations imho.
Woefully communication and no real concrete drilling plan has increased negative sentiment towards the company.
Directors imho should retire this year.
Large shareholder selling, warrant conversion selling has been poorly handled by the BOD and Cenko.
in fact they've done SFA to help find a home for the millions of shares.
£25m Mkt Cap is ridiculous caused mainly through the lazy communication style of the BOD

simply jump on and off the 15 min momentum indicators

Mode continue to disappoint, missing key timelines.
Rita next for the chop if things don't improve over the next 6 months.