Member Info for MadChatter

What would the likely profit margin be on a 9 figure deal?

Purely based on where their license area is, this should be minimum 15p I'd say.

The largest known deposit in the *world* is the 1.5 trillion barrels of oil Green River Formation in the United States.

Guess where our license area is.....

People need to stay focused on the potential here. Around 7 years waiting, 1.2bn barrels, if there is a whiff of commercial oil this will easily 5-10 bag from this price, and the COS is quite high at around 50-70% I think?

They know the oil is there, a lot of it, just need to hit the right spot.

People can try trading elsewhere, or just sit here for a week max and this will be on track for 10p +

If I understand this RNS, unknown future revenue (royalties) and not until 2021? You guys really are crazy lol. £17m odd added onto the mcap for that.

Crazy when you think this could so easily have a decent valuation in that ballpark. The odds are in their favour I'd say.

5.5 to 6 2

Bag by close?

That is a LOT of oil.... Strong buy

I'd say if we can hold around here then the placing has cleared already.

Starts 11:30 I think.

Given that the revenue here could be close to the current mcap, shouldn't this be worth nearer 1 pound?

People are gambling on the capital restructuring not being passed at the GM today. Given that there are no ii (AFAIK) theoretically it could workout that way. But I don't know what the alternative is as I know nothing about their intentions etc. Just people asking why its rising, that's the reason

The FDA decision clearly was not one of the 95% "typically dealt with within 90 days". However, afaik the bod do expect the decision to be published in June, I. E. Today or tomorrow... Which will all know won't be hit, but it shows how imminent a rerate could be here. The risk/ reward over such a short time frame has to be one of the best in here Imo. I'd say the only risk is a delay, not the decision itself.

Imo peeps are missing the point entirely. Whether this guy Woodford is out or not, what will cause this to rise beyond that??? I've had a good read of posts on here and I've yet to see an answer. Partnership deal? If that edison report is stating that, what history do the bod here have of delivery and over what timescale?

If you are fairly new but playing with 26g for a sipp, Imo at least 25% should be in a boring share paying a decent dividend

I get a small rise when the seller clears, normally happens. I might be looking to invest here but I am still yet to find a reason that will lead to something more substantial??

Can someone help me here. Aside from being below cash (a lot of shares are), a high broker rating (most shares do), what exactly is it that this share is supposed to be doing soon? Genuinely curious. The only noteworthy thing I see is a background seller clearing, but someone give me a valid reason please why this won't be trading around 1.6p in 3 months time?

I think it's optimistic to think this won't hit 3.5 today. However, now is the time to see how hungry that background buyer is. It was only a 6% placing, this will (Imo) easily be over 4p either tomorrow or Friday.