Member Info for Kammy18

Thanks Offler

Thats why we invest, to get a decent return of sorts, but my god, AIM puts you thru the grinder.

Kammy

Offler, my typo, you're right, the BoD are in discussions with a lender. They did say they might not even need one.

So, between now and the next RNS, we (peeps) can debate anything, every angle, every position, until the cows come home and it won't make a blind notice of difference. Come Friday (or maybe earlier), I'm hoping for once the BoD will shed some light and provide clarity and direction, not going to lose much sleep if they don't.

One thing is for sure, when shares resume trading, SP will be played again, and again, there will be dips and there will be random rises, traders dream. I think some peeps will get the chance to come of the ride and go invest elsewhere, I will stay the course and see what returns I get on blindfaith.

ATB

Kammy

Failure to publish AR/accounts by end of June 2024, shares got suspended as per AIM rules.

Shares can remain suspended for 6 months maximum, after that company gets de-listed, shareholders remain shareholders.

I have no idea why accounts why didn't get published June end, and tbh, no one else either on this BB.

Assume it was funding and going concern issue, therefore auditors rightly refused to sign off accounts.

Today we're told accounts shall be published by end of this week, one can only assume whatever prevented the auditors signing off the accounts, that no longer is an issue (it could have been financial position, inventory, compliance etc etc, you fill the blanks.

Assume accounts get published this Friday, one can assume trading could and should re-commence Monday 9th Sept. As of now, I can't think of any reasons why trading couldn't resume.

In terms of accounts and numbers, will be static, little to zero sales (unless material sold), otherwise accounts will not make good reading. Having said that, nobody, including the market is expecting a traditional P&L. The expectation is is the company stable, how good, bad or poor is the balance sheet, can the company continue with minimal operational costs for the foreseeable future, or will there be need for funding (the latter offset by the trade finance facility).

Not sure about peeps, my only focus is company/asset sale, based on current position and current MC, I expect a sale around £300m.

My take only, anything and everything is just conjecture

Kammy

TheChessMaster, sorry, not playing guess the price game, its kind of boring having having it seen played over the past 20 years on endless BB's.

Lets play, not guess anything and wait and see how events unfold...much more grown up game hey?

Selecta6, oh dear, and you're here to save us all from big evil EUA?

Let me tell you a little secret, I'm old enough to decide how much to invest and which to invest in, I'm also old enough to take responsibility for my investment decisions.

I don't need a feckwhit like yourself lecturing me or the invested on here, so why do you go multiply elsewhere.

You're the kind of person, if you got casted in an xxx rated move, your role would be the husband going to work in the morning, because that's all your good for to anyone.

Kammy

MrYFronts, 2 post over the past 30 days, you must have an EUA RNS alert, soon as you hear it go off, its time for you to log in a post a 1 hit wonder.

Go back to bed....

Another 1post wonder.....not a single post in the past 30 days, wakes up this morning with soul purpose of posting his wonderfully informative post on here.

Someone has real move that large rock, they're all coming out today.

Seasick, are you serious?

Without accounts/annual report published share remains suspended, and if situation doesn't change, EUA gets de-listed 31st Dec.

You're right, the report could be a shocker, but remember we're not an operating company in the traditional sense, the market isn't looking for P&L, PE, dividends and etc.

There is only one object and aim here, sale, sale sale.

Either your post was naive, or with a deliberate twist of negativity.....

Tiffintip, I have GLG2 on block, but I don't expect him to change his tune, no doubt he'll be all doom and gloom in his tripe. As you say for someone wanting to recoup £25k investment, real odd.

Unless of course he's not good with numbers and decimal places :-)

There are some serious nutjobs on these BB's

More like a selective and deliberate post, 1 and only post past 30 days, and decides to wake up today and posts utter tripe.

Very informative post, so glad you posted.

Perhaps I didn't read between the lines, I prefer to read what's written on the lines, therefore I must ask for absolute clarity, what was the objective and purpose of your post?

Kammy

I see a sea of green, this RNS has rattled many.

The art of disruptive debate is to keep moving the goal posts, last week it was about AR, then about trade facility, then about lack of funds, then about suspension, then about de-listing, then it was said we won't hear anything for another 3 months...so forth, and so forth.

Stating accounts shall be published by end of this week speaks volumes, it also tell me auditors are happy to sign-off, it all tells me financial position has been bolstered by some form of cash injection, and or finance surety, i.e. finance trade facility.

To the doomsters, we know there is a way to go, but we remain positive, for you there is nothing to see, suggest you move on and go troll another BB, but importantly go find a job, hobby, g/f, b/f or whatever floats your boat.

Kammy

I want this come good for all invested. Someone posted that you don't go to this length if its a dud! That's a bit naive thinking and statement, a company has to go thru lots, even if the end result turns out a dud, otherwise how would the company know?

Anyone remember Desire Petroleum, they sent a rig from Aberdeen all the way down to the North Falklands, at the time peeps were shouting with 100% certainty they would drill and find oil, their reason was why would the company spen time, effort and send a rig to the Falklands.

Result, they initially said they've drill oil, then to change their mind and said no, sorry, mistake, its water.

Only death and taxes are certain, everything else comes tagged with a risk.

High rewards, high risks, thats why we're here.

All the very best for next week...lets hope HE1 can break the mould and enrich its retail investors.

Kammy

It certainly does Tim98,

We're all locked in, some with sizeable holdings, we can do zero but hope for a positive outcome for All. Behind every post is a real person, he/she invested to better their financial position in life, whether it to be to reduce//pay off the mortgage, pay for kids educations, etc etc. I'm sure endless folks would love to access their investments, but can't, it is what it is. On top of all that, people have to put up with likes of GLG2 and his ilk, I really don't understand how they sleep at night?

All the best

Kammy

Tim987, sorry, I should have binned GLG2 ages ago, my mistake.

Finally binned, good riddance

GLG2, my last and final response to you, then you're binned.

It irks you big time that I'm on a free ride, it irks you big time. You're nothing but a small minded, nasty individual, you cannot and unable to debate, you're unable to back up your stupid statements, you have anti EUA mantra which your have on repeat.

If you have any self respect, don't bother replying.

BINNED.

Is that the best u can do....you really are some piece of work.

I said I won't post, didn't say I won't respond, big difference between the two, learn to read and understand.

Sandwell, well said.

I don't normally do personal attacks, but, GLG2 is on a different level. He said he invested £25k here (recently), yet keeps referring to how the company had mislead investors over the past 5 years. Even if its true, how did or does the misleading influence his decision to buy recently?

He took a punt, ploughed £25k for a quick trade, and now finds himself locked, hence the anger and bitterness. He also says he's written it off and is recouping his loss elsewhere, that's great, good for him.

However, I fail to understand why he is on here 24/7, repeating the same mantra when he supposedly written this share off, if true, then why waste time here?

I've come across some oddities on these BB's, GLG2 is right up there.

Like you say, EUA will either go into admin/de-list, or get sold...so what is there to debate?

Kammy

Take a look at EUA bb, suspended, over 300 posts yesterday, pretty much by the same sit in residents

Theofficecat, thank you, for a moment I thought I was going mad.

Totally, that's why this nonsense of SP hitting 1.09 and lower didn't scare me, but agree with what you say, AIM is sentiment, herd driven, throw in the MM's and we have a very toxic mix.

Thanks for the reply

ATB

Kammy