Member Info for Jonnyfro

And another 1.15m buy delayed from yesterday has just been printed time stamped at 15:21 when the spread was 9.8-10

Hence why it’s called Brazzaville in many of the research papers

My guess they took 5m in the 10p placing hence DS comment in his interview yesterday about existing shareholder support

It's clear from recent interviews and email exchange that AAOG's strategy for clawing back the cash owed to them by SNPC is to negotiate a greater share of the Tilapia licence.
They've hit multiple pay zones already and have consistently said that the drilling results are directly in line with their geological model.
If they hit the sweetspot in the Djeno and have agreed a greater share of the licence what I would like to see is them farming out some of the licence to a major.
We are surrounded by majors , ENI, TOTAL etc
This would help with cashflow, speed of bringing the djeno online and speed at which they can start to prove up the resource and drill 104 as well as working over 101/102
Finally given what it's taken to get this far if we hit the Djeno it's my view they should stop there and get it producing as quickly as possible and drill down to the Vanji on the next drill.
Just my thoughts but I'd imagine all the majors have their eye on AAOG's next steps and the Djeno results.

David.sefton@aaog.co James.berwick@aaog.co

Guys please understand the market.
Someone I know was made aware of the placing on Monday which means brokers were made aware of it probably whilst DS was grinning like a Cheshire cat in that Proactive interview.
Illegal or not they forward sell their placing shares on extended setllement or short the share price.
All the money has been made going from 18p to where we are now
A small loss on their placing shares is nothing compared to the amount theyve made on the way down

Midatech given a $5.5 target price
http://s1.q4cdn.com/460208960/files/News/2018/Zacks_SCR_Research_10032018_MTP_Bautz.pdf

I'm getting NT to buy with HSBC anyone else?

Little retrace is healthy but I'm hoping we finish above 2p and push on again tomorrow.

We saw this morning how fast IMTK moves and how difficult it was to buy in volume once it starts to move.
Buy the dips to get volume

Sellers getting 2.10p v 2p bid
Buyers asking 2.14p v 2.15p

Sellers seem to be done on this 1st wave time for second wave

Can sell at offer - must be a hige delayed buy to come or the mms are really short

Over 1% of the company traded in the 1st 20 mins - looking good for a very high volume day

We should see 5p min within the next month just to get us back to where we were during VM discussions.
Since then we've had acceleration of cost savings plan £1m
$1.5m contract wins
Massive increase in sales leads
Presentation on 23rd January
AF needs 5p to break even on his £150k he'll be looking for a very good return

Let’s smash through 2p today Ask light Only 95m shares with 30% odd tightly held Highs of 12p only 3 months ago when vm chats were underway

Yep AF bought 3m in the 5p placing on 3rd July 2018 and market was notified of his holding on 10th July 2018

Morning all - some good buy pressure on the SP yesterday things are hotting up technically and hopefully the Akzo news is just around the corner.

The other angle you have is that many companies are likely to be using polymers of itaconic acid. Many may have even patented polymers of itaconic acid like itx have. Generally the likes of L’Oreal and Unilever will patent the chemical and have application patents on it to stop competitors for using it. E.g Mexoryl used in sunscreens Now they will most likely have these ingredients toll or 3rd party manufactured. Now why would L’Oréal want an expensive manufacturing route if cheaper routes were available? After all the cost of manufacturing the chemical affects the raw material cost structure and fundamentally the margin or profitability of the final product. Now some of these ingredients e.g Zinador are used up to 10% in a formulation so the cost of that product becomes a large component of the raw material make up of that end product especially as 60/70%+ will be water. So I’d imagine that ITX are also targeting anyone with a poly itaconate patent with a view under cda to license their manufacturing ip So if they don’t sell their end products they sell their manufacturing know how. A lot of companies like L’Oréal are stubborn on not invented here products so licensing manufacturing ip may be the way in.

Morning all Quite possibly another licensing agreement with Unilever now they’ve disclosed itaconic acid as one of their raw materials. Don’t forget Jim Gordon who is itx director of cleaning and household services spent 10 years at Unilever mostly in the auto dish wash field. He then went to mcbrides and I fully expect they’re studying itaconic acid as well. ITX have been very strong using employees experience to tie up license deals. Croda - Bryan Dobson is ex uniqema/croda Solvay - kevin Matthews is ex Solvay Unilever and McBrides have to be a target with Jim’s experience.

IMTK group open on twitter should anyone want adding follow me @jonnyfroo
Good intel and a large shareholder in