Member Info for Legin252

The required cash injection has been made public.

It is all down to a buyer making it viable given that a sustainability and resilience plan is already in the making.

The golden question is can another party make it work long term.? If more than one party see positives it will gain traction.

The high risk is that there are no interested parties to take it forward. Have eyes wide open in that regard.

You are only locked in if you are looking for a quick trade and it didn’t happen for you.

Otherwise the patient and savvy are quite happy.

From an investor perspective I look ahead more than day, and avoid the stress of working out what a SP will do tomorrow.

That said, there is a likelihood it will gain a little in the 30’s, sentiment is growing, and factually the future is pretty good for TRP. It is a buy and hold, but people do like to chase the rainbow of the day.

Spud looks like early new year once financing is in place as rig has to be selected yet.
With financing on the cusp of officially being ratified, this is a great entry point.
This could then become one of the shares of 2023.
Huge upside from this position.
NFA
GLA

The most clueless poster on LSE, ie Earlofaim, otherwise known as Aimington Chase, turning up to spout absolute boll ox on a board they have zero investment in.

What will be will be, but whatever you do, make the best decision of your life and ignore anything this idiot posts.

GLA

TJ is doing everything possible to avoid CVA.

Recovery plan going well.

Investors have faith.

GLA

Very difficult to buy.

Will we see another RNS.?

Makes a potential purchase more likely

That was a good update, just odd timing. Was it rushed out this afternoon as a pre cursor to some more news.? A buyer maybe.?

What is certain is there is a robust strategic plan to reduce cost, and make the business more lean as well as develop products/markets.

This is way undervalue now and tomorow will be a rerate even without further news.

5p+ and maybe a push to 7 or 8p.

GLA

Auction extensions are common.

With results coming tomorrow, the rerate will start.

Good times coming.
NFA
GLA

Need some TR1 updates now

Jam, you clearly don’t get the fundamentals as evidenced by your posting.

Jam nothing goes up in straight lines.
The trading pattern indicates strategic buying, we will find out by who in time.
It was way oversold by a large seller causing panic selling.
The trading update is what it is, slightly less profit expected but growth plans remain.
£30m credit facility recently approved.

Where is fair value.? We will see but it’s North of here and would expect somewhere between 20 and 30p.

I am not expecting everything to play out today.

Good luck

Of course you can apply TA in this situation to provide guidance.

No problems if anyone has sold l, but don’t hang around and have unreasonable dialogue with those that are still invested.

EarlofAim forever talking carp as per usual.

Earlofaim (Aimington Chase) is just a deluded poster who should at best be ignored.

To confirm commencement of drilling at North Pit / Red Star.

Hopefully a further update on finance too.

All coming together.

Very cheap entry price.

GLA

Looks like a classic Earlifaim (aimington chase) pump and dump.

No doubt some new long term holders will be trapped.

GLA

Yep it’s a gift right now