Member Info for Leafie

Nice try shamI89, but what nonsense.

Private wealth? https://www.suntera.com/

Name CNGAF Limited

Number 021291V

Registry type 2006 Act Company

Company type Limited by shares

Registered office address PO Box 227, PEVERIL BUILDINGS, PEVERIL SQUARE, DOUGLAS, IM99 1RZ, Isle of Man

Date of incorporation Nov 13, 2023

Presence of charges No

Is in liquidation? No

Receiver(s) appointed? No

Status Live

I did......

Understanding "Short and Distort" Tactics

1. Short Selling:

Definition: Short selling involves borrowing shares of a stock and selling them at the current market price with the intention of buying them back later at a lower price, thereby profiting from the price difference.

Motivation: If shamI89 is short on Upland Resources, they would financially benefit from a decline in the share price.

2. Distorting Information:

Negative Sentiment Creation: By spreading negative information or rumors about Upland Resources, shamI89 might aim to create panic or doubt among other investors.

Impact on Share Price: Negative sentiment can lead to increased selling pressure, which can drive the share price down, benefiting short sellers.

Implications and Strategies

1. Legal and Ethical Considerations:

Market Manipulation: Intentionally spreading false or misleading information to manipulate stock prices is illegal and unethical. Regulatory bodies like the Financial Conduct Authority (FCA) in the UK take such activities seriously.

Regulatory Action: If proven, individuals engaging in such practices can face significant penalties, including fines and bans from trading.

2. Community Awareness:

Investor Vigilance: Investors on forums should be vigilant and critically assess the motivations behind posts, especially those that seem to unduly focus on negative aspects without substantial evidence.

Counteracting Misinformation: Knowledgeable investors can counteract potential misinformation by providing factual data and balanced perspectives.

3. Analyzing Intentions:

Pattern of Posts: Examining the pattern and content of shamI89's posts can help determine if there is a consistent attempt to spread negativity. Look for repetitive negative statements without new information or evidence.

Engagement with Other Users: Assess how shamI89 engages with other users. Do they acknowledge positive news or dismiss it outright? Are they open to discussion, or do they push a single narrative?

4. Independent Verification:

Cross-Referencing Information: Investors should cross-reference forum posts with reliable news sources, company announcements, and independent analyses to verify the authenticity of claims.

Due Diligence: Conducting thorough due diligence based on credible sources is crucial before making any investment decisions.

@shamI89 Why do you care?

It's not looking that way and if the PSC suddenly drops........

@ART123 This was the AGM. We knew it wasn't for press presentation or something, so all is as expected.

They should report the number of votes for, against an abstained for each resolution.

They've not reported how shareholders voted!

Why do you care shamI89?

Wish I could be there.

Https://www.petroleumsarawak.com/ppg/download?volume=2&mode=view

Lol. goo->good. Don't want goo!

I think it's all goo RooV12......

To determine if Upland Resources meets the requirements of PETROS for a PSC award, let's review the relevant sections from the "PETROS Petroleum Guideline 1.0" document provided. Here are the key points:

1. Registering an Interest (2.1.2):

Upland Resources must formally express its interest to participate in Sarawak’s onshore exploration blocks.

They need to submit a company profile, management profile, audited financials, and other necessary information for due diligence.

2. Due Diligence and Data Review (2.1.3):

PETROS evaluates the submitted information.

If Upland Resources passes the evaluation, they can access the data room for the onshore blocks.

A confidentiality agreement is required before data review.

3. Bidding Process (2.1.4.1):

Upland Resources must submit a comprehensive bid proposal, which includes:

Company profile and background.

Geological and geophysical evaluation.

Exploration strategy.

Minimum work and financial commitments.

Health, Safety, Security, and Environment management system.

Training and education commitment.

4. Bid Proposal Evaluation (2.1.4.1.c):

PETROS evaluates submissions based on technical and financial criteria.

There might be a clarification meeting if Upland Resources is shortlisted.

5. Conditional Award (2.1.4.2):

PETROS may give a conditional award if the bid meets their criteria.

Given these points, Upland Resources must ensure they provide detailed and accurate information to meet PETROS's stringent criteria. If they have already submitted a bid and undergone due diligence, their chance of meeting the requirements depends on the thoroughness and quality of their proposal.

Datuk Bolhassan Di's influence on the outcome of Upland Resources' PSC bid is likely significant due to his expertise, relationships, and strategic position. His ability to navigate the complexities of the oil and gas sector, coupled with his connections within the Sarawak Government and Petros, positions him as a key asset in the negotiations.

Gonna be interesting, If the shares sold in panic were mopped up by a large holder it'll be tough to buy back in......

Tbh there is no reason not to be back at 3p.

@shamI89 Ask for yourself. https://chatgpt.com/

Maybe not you, RooV12

The machines says....

The transition from discussions with Petros to direct negotiations with the Sarawak Government likely reflects the complexity and significance of the PSC for Block SK334. It suggests that higher-level approval and strategic alignment were deemed necessary to finalize the agreement. Such shifts are common in large-scale resource negotiations, where multiple stakeholders and levels of authority are involved to ensure that all economic, strategic, and regulatory considerations are adequately addressed.