Member Info for Leveller45

I concur, I think a lot is correct. I wasn't sure if it was a little less than a lot or a little more. So how does that translate into shareprice and capitalisation target and how many square feet of island can I purchase...

I've stopped counting at 9.2k mmbls with only four zones as I think my math is wrong but as baldrick would say that's oil + oil + oil + oil + oil = some oil....and that really is some oil....

"Does your well you know, well does it flow, is it a gusher, know what I mean"

...almost poetry but certainly music to my ears....

Nudge nudge, wink wink 🙃

A very good question...plenty of cash but from what....

26 April 2011 the group entered into a two year unsecured loan facility agreement with Vertom International NV

(“Vertom”), whereby Vertom agreed to lend up to US$6 million to the Group with an associated interest of 12% per

annum. The loan was repayable out of the proceeds from subsequent farm-out arrangements or from first production

from its operating assets. On 29 September, 2011 the Company agreed with Mr Oraziman that US$9,423,493 of the

Company's indebtedness to him and companies with which he is associated be converted into 188,771,895 of new

Roxi shares at a conversion price of 3.2p per share. At 29 September 2011, out of US$9,423,493 of Company’s

indebtedness US$4,782,557 is represented by Vertom loan. The residual amount of converted loans relates to Kuat

Oraziman loan, (note 24).

As at 31

Cos they know first hand it's possible ?

Anyone got co-ordinates ?

Jtyler91, agree with you. All points reasonable both positive and cautionary negative. Its a bit of a do or die situation but seems that the BoD are putting in place and positioning well for the future.

With you too. With any new appointment, in RL or investment I expect to see a 60 day ambition programme and impact, some actual, some near term and strategic visioning if this is going to turn around. Okay the court case outcome is not quite within their full control but looks more positive than negative.

I'd would like to see some big take-up of options, or else why would I invest further. And a revised business plan backed up with a smattering of industry announcements.

60 days for me...tick tock.

The one morning I get up and don't look at bico. Lol. Nice news , 3M E803 deep. Not a sleepy Friday today....

Good point investeg, twice made. I think if I just scanned the board I might be mistaken/confused. Tricky though as people also chat, hypothesise, rumour and sometimes talk nonsense - I definitely do that when bored waiting....:-)

So a nice point made (especially as some may be breezing/skipping through these BBs).

I'm beginning to look forward to an update soon and not through anxiety but with excitement.

Agreed hayashi, works both ways doesn't it. On paper, seems to tick all boxes I was hoping to see, will be interesting when any new CEO statement comes out. The timing and content will be the thing to watch for.

Tick

Perhaps the question you should ask is how long do you think the company can last without raising funds. Until the next "must have" opportunity ? Just gimme one more dime, the next spin of the wheel the money will come rolling in. Don't get me wrong, it's a great potential story, and I'd rather be in than out at the moment. But for all the vision and political manoeuvrering, I'd really like to see some income to start flowing, or at least some partnership investment coming on stream for renewables development etc.

Until that happens this share price stays just about where it has settled and possibly fades a bit the longer things go on. MB seems to have some great vision, mongolia too, but in a country which seems to measure time by the changing seasons and a company beginning the transition from explorer to "proper" business(making money), this is where we stick.

Let's hope some positive announcements come soon, and I don't mean more "potential" lucky spins of the wheel.

Well I can understand the sentiment on share buyback. But they need to really unleash the company at its top most leadership, which hopefully they are about to do 🤞 . The tech is incredible, their R&D exceptional along with IP. Its about building this company to where it should be production, marketing, top tier partnerships, sales, quality, reliability, manufacturing agility. Its tech and innovation is right up there. Get this right and shareholder value and returns will come easily. The backdrop and stage where this plays out is a market that is about to explode over the next 5 to 10 years. You can't ever be more than 10 feet away from a rat, well into todays world you're never more than 10 feet away from this tech. The communications/connected world started to boom in the 80s and has grown every decade since. Its perhaps only now it is about to become ubiquitous and tech like this needs to be at the forefront of this or resigned to the also ran position.

Let's hope the appointment that already seems to be being played out is the right one. If that is a flunk then there could be hope for take out or merge just to get at the IP and R&D. But I think any return to bolster SP won't deliver but hey, just a view...

Is it me or can we just about hear a pin drop ? Patience is always the name of the game along with good fundamentals, market sentiment and a certain amount of luck. There is so much potential here but its just that at the moment, I suspect that some news will drop very soon but who knows exactly what. Its always been about the LP at the end of the day or at least a quick and ready income stream to fund expansion and exploration else we know what will come along with any rise in sp. Fingers crossed 🤞, have a nice relaxing day, I suspect things will soon become rather over charged in the coming days...and we will certainly know more than we did today.

HBH all,

Time to 🥳❄️ and perhaps do some research. Roll on the next few weeks!

Ah okay, thanks vanilla. Not really a strong point of mine legalities, not actually a point at all. But interesting to know. Presumably the offloading of the semiconductor side to maxwell Inc and then ucap is interesting if it still relies on questionable source and IP patents, but then I don't know the details of infringement yet. I guess not long to wait anyhow, I think I know whose shoes I'd rather be in looking at Delamere and judge and previous ruling but hey outside of my knowledge. Thanks though :-)

Fallen down a rabbit hole here i think. Anyone with any views on Grantchester C and U CAP ownership of Maxwell technologies ultracapacitor business or is this wide off the mark ?

Hope you are all enjoying the Bank Holiday weekend. Good food, good company but shame about the weather :-( But plenty of time to research. Some great knowledge shown by lth'ers on this board so interesting reading but what attrition by the company. Great tech innovation, poor leadership, poor marketing/distribution, poor joint innovation and product chaining or am I being unfair ?

Although this Continental link is massive and a great step for both (gotta love automotive IoT today, agg an health catching up).

This type of technology is essential to the next 5/10 year drive x10 on connected everything. Looks like with the reins being handed over, let's hope they really are, this could still be a very promising prospect.

I hope the spend from this raising is used effectively in the areas outlined.

As for the legal case, wouldn't have a clue as to likely outcome but i suspect the next step will be revealed very soon and before July..

Anyways, guess it's a wait to see who rocks up now...

Mmm, I think the p'ayes to the right have it.....