Member Info for LeMajor

The only thing that's caused the drop is a substantial delay - this will bounce back, BUT many have decided to put their money elsewhere in the meantime. When we get close to the next submission they will come back pushing the price back up to similar heights to yesterday. There are always rainbows in the distance, but it takes a while to get to the horizon, whichever one you chase.

When I worked in London one of my colleagues had a favourite phrase "he needs a squib up his bum!" - so I get irked when marine life is abused - similarly, the phenomenon known as dribbling to many a professional footballer is also abused by the few.
Drivel: nonsense. "don't talk such drivel!"
synonyms: nonsense, twaddle, claptrap, balderdash, gibberish, rubbish, mumbo jumbo;
I arrest my briefcase, m'lud. :-)

Maybe a few expected an RNS as soon as we went into June - I favour the 14th give or take a couple of working days either side. The FO BoD could be approving the press release as I type, for publication next week.

If a Tier1 outfit has spent half a year going through the details with a fine tooth comb then it's good enough for me. I think 3p is a bit pessimistic - none of my sell orders are that low. Wherever we go Yukon will add 50% - so risk is well within my limits.

Haha.
You, you may say I'm a dreamer but I'm not the only one, I hope someday you will join us - and the world will be as one.
No not in pub, been working outside until dusk.
Came in when it got difficult to find my scattered tools. I'll suffer tomorrow, just checked my emails before shutting down then it's dream time again.
:-)

I wonder whether DW is planning a Birthday Party for the Data Room. It'll be a year old next month. I wonder if Funky Pigeon has something appropriate?!

"Detring Energy Advisors focuses on the mid-cap A&D market on transactions ranging from US$20 million up to US$200 million."
If they are our negotiators, they'll be updating those numbers in a few weeks then.
We don't know how it will pan out, but if we took $150M up front and had a free carry on a $1Bn drilling programme while retaining 30% that would equate to $450M (150 +300). If the FOP has a smaller budget then it could be pro-rata'd - but I like round numbers. Only 20 trading days left so midpoint in 10 - I've got a feeling they will not take the next RNS to the wire but I think under 10 days is probably too optimistic.
ATB

Spread down from 13.5% now, but still wide enough to play with us. One on my watchlist (Tech) is at 16%.

Absolutely. They can't be too blatant.

MMs set the spread, thus the sp. They can give a false impression on Buy & Sell price making both look like sells or buys (providing spread is wide enough to manoeuvre). Lack of news gives no incentive to trade, so if by necessity someone has to cash in, they get a low price (fair enough) but if a buy follows and a marginal profit is made (but still below the spread midpoint) then some investors will see it as a genuine fall rather than a manipulation. This can trigger more sells. On a busy day (when good or bad news hits) it would be difficult with multiple MMs and investors coming out to play, so strategy would be harder to manage - but when things are quiet, beware. Over a medium period and volume of trades the buys and sells must balance out (because the over all number of shares is constant), but if there are just a million or two shares changing hands over a few hours trading, it is easier to skew the perceptions. It's a bit like surfing - most can get movement if there are waves (news), but the skilled surfer can get some momentum, even when there are modest swells (manipulation).
I hope I've not offended any sensitive MMs (but not much chance of finding one of them).

Just another day (or fortnight) at the office.
Nothing likely for a while IMO - same down under too - at least another week before news, probably 2-weeks plus.
MMs squeezing the sp, and the more it's squeezed, the bigger it'll pop.
Hold tight.

cfd, missed that - still, raising the holding from 10% > 11% is still a sign of confidence from an II.

"sounds like MOTIF just begged for a bit of extra cash to see them through the short term"
- that's good news, suggests MTFB will have a deluge of cash in the longer term. If that really is the motive for the CR, then Sand Grove are probably bound by a NDA. Makes you think - although they've only added 10%ish to their previous stake.

Brom, to totally know grammar as well as you know 88e's history has always been my aim. And if my aim is good enough to perfectly split an infinative, I will have achieved my goal.

I use a Julian calendar so a few days behind you - but my shares will not wake up for 2p let alone get out of bed.

it's probably the Cockney's wot gave the Yanks the idea to drop the aitches, me ole china.

probably should have said "Huh" as my mate is called Hugh.

I blame the French they always drop the "hugh" sound of Aitch (H).
Then the yanks do us no favours with 'erbs for flavouring, and paying 'omage for the privilege.

You're/Your/Yawe sew/so pedantic, tinny.

Lets change direction a little.
Only 3 trading days to June, but what happens when LSE and ASX if a USA partner gets involved?
Can't see much change happening until the FO conclusion is announced, but if it gets out on NYSE first (assuming our partner is registered there), will it get to LSE or ASX next?