Member Info for LeMajor

Temperature in Deadhorse due to fall to -23c on Thursday night - possibly leading to an early start on ice road construction.

Dump the horses, stick to Rugby.
Came in late for Wales match so took me a while to get to grips with the chaps in red.
Anthracite will take some getting used to - but a bit more classy than "Steam Coal Black".

Not worried, just curious as to whether the large trades are brokers making more on the exchange rates than they can make on our otherwise supressed trades.

Our MC is valued in GBP/AUD but our assets will be valued in USD. What level of influence does currency variances have on the SP? Are large share dealings being moved between Oz & UK brokers to benefit from currency exchange? One mans meat is anothers Brexit.

Thanks for the link.

I would have thought that there is not enough profit margin for flippers - 1.15-1.2 would be more in keeping. Could be rollovers though a bit too large for Bed & Isa (£20k limit).

typo 1M =2M =£20k limit (I knew what I meant but fingers working independently).

Just realised at this price the bed & Isa would be limited to 1M shares - so likely I'm wrong about those 20M.
I put it down to the drugs and too much acid on my chips.

Although the volumes are near 50M, if those 2x10M "buys" turn out to be a Bed& Isa, then 30M would be nearer the mark. We need 100M/day to eat up the overhang - anything lower and it is just a nibble. Of course we do not know who took up the slack on those CR shares, so if one of them is looking for 20-30% before flipping, we could get moving a lot quicker. It's all speculation and guesswork at the moment - listen to everything, trust no-one.

Brom, you of been letting your standards slip.
Watch you're apostrophes.

Wow the MMs make £1 per share - gotta get into that business.

Just means that tthe deal has to be a good one.

You can 't have enough of a good thing - especially if adjacent to an existing good thing.
Even so caution is needed - it has to be a bargain and using small change.

That was Klingon, Cat.
Still klinging!

Oops, spelling.... ' for me to go '

Did it cross my mind, 128k? Absolutely, it did - but I was sure you'd cover that aspect yourself - so no need gor me yo go there too - besides, it is a relatively small risk.

Exactly WAaussie, DW wants a deal, but not at any price. If the FO is not favourable, it will go on the back burner until Winx is proven - then we'll be negotiating from higher ground.

DW said ".....as we enter a potentially transformational period for the Company, which includes a possible farm-out by year-end followed by the spud of the Winx-1 exploration well in the first quarter of 2019."

I suspect the words "possible farmout" is a shot across the bows of a farmout partner. As I mentioned yesterday (11:34 ish), while we desire a farmout deal to make faster progress, we are not going to be walked over. If we can't get a deal, we now have the funds to progress Winx to flow testing -after which any farmout deal will be further derisked and thus put the FO in a less influential position.

I did not think the new shares were released yet - we won't see the full effect 'til next week.