Member Info for JohnHenry

Companies own internal figure for finding a volume of gas for a CNG project.

you still dont understand that Traccs and the companies COS are for different cases.

Drilling

Tell me why you would waste money testing MOU 4 when Mou 5

50% COS for Bcf for a CNG project

12% COS for multiple TCF for gas to power project

Hope that helps you get the risking correct in future.

You are aware that the Traccs 12% COS was given in 2023 before MOU4 was drilled ???

The Bold youve havent got the risk assessment correct. LOOK at what the 12% risk takes into account.

Then look at what the internal 50% COS takes into account.

Something you have continually FAILED to understand.

Something else worth considering is that these 3 cornerstone Investors should own around 90 Million shares

15% of the company yet not a single TR1

Then you are aware that their Investment arm will often take a whole placing and flip the shares.

as they have done in many company over the past 12 months

PEEL HUNT is Griffiths Institutional Investor.

Have you research PEEL as a business

I guess you dont have RSP info

What planet are you on the supply selling is coming from the Market Maker PEEL.

NumptyTrader price is moving up because theres demand for the supply.

If you had noticed the PA this morning as soon as demand dropped PEEL dropped the Offer until demand picked back up.

Numptytrader pleasse tell me where the 25 million shares have come from that PEEL have sold today.

Strange that all this supply appears on the day of the placing.

Also worth remembering exact some price action after the 5p with PEEL seeling millions of shares.

If you think there a Strategic investor then your deluded.

Imho Griffiths has made a huge mistake in wild catting MOU5 instead of completing MOU3 flow testing drilling MOU 6 and getting the CNG project off the ground.

Retiredbanker how can this be a gross market overreaction, when the company has just issued 50 million shares and those shares have been supplying the market since 8 AM

i suspect you dont understand the dynamics of these placing.

Its not the market that has driven the price to the levels its Griffiths that does placings with Bucket shops that flip the shares at a fraction over the placing price. If only he done placings where the investors that actually held the shares we would be in this mess.

Where do you expect the price to sit with 50 Million available.

No mate im just PO with these BS cornerstone placings. Theres no Cornerstone these placing shares are being dumped straight into the Market and the PK Griffiths knows this. That leave millions of shares to be churned at the expense of LTH. Griffiths couldnt attract cornerstone investors even if he paid them.

On a positive with all these dilutions Griffiths will no longer be a significant holder and could be easily voted out as CEO.

Its obvious to a blindman Griffiths has arranged the Placing with the same Outfit through PEEL or just PEEL.

2M raised @ 5p in Nov with Warrants. PEEL was supplying stock on the offer for 3 Months clearing that stock.

2M raised today with Warrants. PEEL on the Offer supplying stock.

Retail Buying drying up looks like PEEL are gonna be stuck with 30 Million Placing shares to shift

PEEL pushing the Offer back down absolute Proof that the Placing shares are being sold.

Couldnt shift as high as 4.5p soo lowered to try and move.

The Bold other Apps Absolute rubbish, the Seller is PEEL from the 4p placing. There has been zero Market selling all buys.