Member Info for Louis10

RNS announcements would be much more credible, but they come with regulatory responsibility which I guess the directors prefer to avoid.

Do yourself a favour, Olderwiser, and read this-

https://oilman.substack.com/p/core-information

I've been right all the way down, Olderwiser.

How much have you lost now?

No, just webinars, reports and printing shares at the moment.

Appears she doesn't care about share price. Lots of these directors don't.

I guess Australian investors aren't as nervous as British ones.

You've got the number now for the next placing: $13 million. From the chart it looks like they've already started the forward selling. Webinar should bring in some decent additional volume for them to sell into too.

From the last relevant RNS, NEARLY 12 WEEKS AGO

"We are pleased to have entered into this LoI with SOFORI and Noble Helium. This is an encouraging step towards our proposed spud date of Q3 and is both timely and cost effective. While negotiations continue, with a view to signing a contract as soon as possible, SOFORI have informed us that the rig has no further conflicting commitments going forward. As a result of this, we have already placed orders for long lead items. We look forward to providing further updates as appropriate."

An "encouraging step" only towards merely a "proposed" spud date of Q3.

How much are you down, mcadder?

How much are you down in this stock, Olderwiser?

Now trading down, Bandit, where's Scot?

Good post on Twitter this morning from Jim. He described you all as a suicide cult.

I believe the share price.

Does anyone seriously believe that?

That's the form with some of them unfortunately.

Surely they must have a back up plan if negotiations with the drilling contractor fall through?

The board is well experienced with failure, including non arrival of rigs.

Funny one this. I said the share price would fall. The share price fell. But according to everyone on this board, I was wrong.

What did happen to the data room?

No credibility anymore, that's the problem. Whatever happened to the data room?

This is how people go bust in these markets. Buying what appear to them to be bargains all the way down to virtual zero. Ask yourself WHY is the price here?

Little bird says the same to me, Tony. It appears we have a mutual acquaintance.