Member Info for lloydyboy

The way i see this, Howard wants to put his own stamp on the company and run it like an actual company. Taking 90% of shares out of circulation means those committed will hold and those trying to trade will have less availability to do so. Seeing the speed at which GEX moved recently is a prime example of this. Couple this with fracking results at a similar time means we could get considerably higher in mcap and quicker. I am glad the placing is out the way, this means we can now just look forward. With a stronger mcap that is taken on cash position, oil rev and licence value. Coupled this with a clean share register that will undoubtedly be more appealing to serious investors. Howard has his wish and is fully in control. The timing of this, given the amount of time fracking will take is no coincidence at all. So now we will see if people buy and hold in the run up, those that are investing in the future, or those traders simply sitting out the market because they dont believe. Lets watch this space.

3.7b traded. Competitively priced. Let’s see what the next update brings

Saying there are out to create a bit of fear alarm and distress. Thanks

Helium concentration confirmed. Chance of success has now increased, but the time line has extended. Fair play howard, a 30 year veteran. You know what you are doing sir.

If the drill was a failure- they would be packed up and off site by now 100% guaranteed.

No you arent, no rumours in the group at all

Just be patient. Why rush it.

In actual fact, the trades since the day before the placing total 45b just over, so this could suggest the cornerstone investor has taken up to a billion and is sitting on them, because the price movement yesterday would suggest the overhang has gone or nearly gone. Now we progress to fair value before news. £25m plus I would hope with whats in the ground and an EWT that has been progressing for quite a while now, with confirmed helium shows in line with previous tests.

Hopefully not anytime soon. This should be fair value £25m mcap before the main event, so hopefully the overhang is cleared and we can start our correction to fair value.

I love the positivity “the churn has stopped” yet currently £150k shares sold and £250k purchased. The churn is in play

The test is still ongoing

Within 5 billion. Depends how many were held

Because if you invest £5m 10 times a year through oak securities as a placing merchant you make better returns than the stock market my friend. Even 2.5% is £125k. 10 times a year £1.25m decent return in my book- nearly there now.

No i cant actually see that tbh

Really? Still need 3b to fully churn the placing- so they may be fishing for buyers, certainly not sellers

Yep- get it in the .26/ .27 range and get rid of the placing churn

Not the end of the world, drop the price. Finish the placing churn and build in anticipation. Buys will outweigh sells when the drip feed stops. So drop the price and go

We aren’t working with pulsar. Dysmons has wound you up and let you go. There are enough Colorado based JV partners to be working with. We either need one that can get the plant back online or a drill partner that will do some kind of payment deal after the event. We don’t need pulsar

Placing shares still. Clear as day

If there was a problem with the campaign the company would know and the market would know. Howard pulled the plug on Vecta and he would do the same here to preserve cash balance. That isn't even a question in my mind.