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So quiet ... 75 million in contract wins and 22million market cap............!!!
I'm in on the bell.
Care to give a quick run down? After any deal what will be left for shareholders and or the company?
You need to get out and get laid mate... I feel sorry for you.
Non of that is made up.. Investing is about being versatile and plans can change in seconds.. I didn't expect it to drop infact had jack not released that news it would have kept rising... I research and ofer that research on here, if others act off it without understanding the fundamentals then that's their call... I don't invest on bb research without backing it up... YOU have nothing to offer anyone, you've spent your whole evening arguing with people on a BB.. Stubbsy, Tilly and now me.. You sadly for yourself are a waste of effort. FYI sad man I have already out my hands up and said I'm out.. I NEVER hold a share that is going down in value, I will be buying back in. Get a life lad, maybe one day you could share some research on a BB .. Probably more likely you will just **** people off. Filtered.
I sold at 50% profit... and everything i said was factual, i spoke to the BOD .. i certainly don't sit here shouting and ramping... read back my posts and get a life!!
Get it... why does anyone care if someone on a Forum is still invested or not..? What does it matter to anyone, surely people invest in companies on the back of their own research..? Or is it just follow the Twitter boiler room around to wherever they go next? I find it quite amusing that people invest so heavily on other peoples say so, even more so one people that you have never met, don't know from harry and write using an avatar.. I mean you can't even track them down to break their legs?! FWIW I sold here the other day... the RNS on Tuesday was rubbish and rather frustrating, I even spoke to a fellow investor and we had decided to speak to Jack regarding the order of release here, but it would seem it was all too late and its a shame because this could have easily been sat at 2.5p+ before the next placing... Anyone saying this company is going under does not have the foggiest what is going on here and I really suggest they speak to the man in charge as he has a very large portion of his wealth inn here and is not going to watch it go down the drain... That said I was more then happy to leave with a profit and its on the watch list as I have faith this will be worth 30p + in years to come. P.S : Purple, shut up for feck sakes!
To see interest simmering away... you got it all under control.
Should have buggered off by tomorrow :-)
There is other news also expected this is what he told me ... a few things to look forward to before the NY and we have also enough cash to see us through... If we raise a million $ at 2p that will only be 50 million shares and still only give us a 4 million market cap with enough cash to see us through almost 12 months.. cash burn is pretty low for an explorer and any farm could easy see us easy over a 10 mill mcap.. this could come anytime.
People are starting to realise this is undervalued even before a placing... It is that cheap!
Research the geology guys... Salt capped , hydro carbons .. These guys have oil. I would post some links but on phone so can't.
Deal mate, ile be down your way soon let's hope that farm out comes in the near term. P.s. Mxo is a very decent investment, this is somewhat like ASTA at this price tho.
MXO :0) sorry Stubbs.. Mxo don't even have a psa yet we have 90% of one and a licence that is 100% world class.
Exactly...
They would most likely do it with warrants at a lower price.. Ie. placing at 5p warrants at 0.5p.. Raising higher is wise as it reduces dilution this early in the game, the warrants mean they don't lose out and they could make them exercisable from x date etc... It makes for a healthier junior.
These guys have oil mate I'm as sure here as I was with RXP and that got well over 100 million Mcap and more in years to come no doubt... These licences mammoth anything for this price, this company is not going under and a farm out could come this week or next or the one after, it will come tho
Yep nailed it mate.. And it's that exact reason this is so cheap, people have scratched and not scratched any deeper which has depressed it down to possibly cheapest oily I've ever come across.. The upside here is far beyond any down side mate and we know why .. Expecting an rns this week mainly updates on Africa something we have barely discussed as we've been blinded by Oman and the discount entry :) It's all good.
To be fair to people that just read rns's and don't dig deeper I can see why they all think it's going under, I think this is why I've been banging on about contacting the man in charge.. We have enough money to see us through over 2 moths , cash burn is currently tiny and we are able to raise funds, the CEO owns 25% and hasn't been taking a wage since listing so it's not really anything like LOND.. Quit stupid to suggest it really mate... I can sit in here with a wedge and wait for a farm out knowing EVEN. With twice as many shares 1-2million in the bank this WILL still be worth 7p on a farm out... Wake up guys, if it placed tomorrow and raised 1 million we would still be undervalued and have more then enough cash to get us to 7p+ ...
I'm bermuaed as to how you can call it all or nothing but I suppose I'm more clued up here then you so it's understandable. Update this week, and updates this side of Christmas...