Member Info for MadChatter

23k buy earlier. Nice

This has to jump well over £1 when everything Is sorted. I have absolutely no idea why in Gods name this is taking so long!? The Fda can approve in a few days maximum in an emergency.

Fda approval can be fast tracked through in less than 24 hours if needed. I'm not sure what is going on here

Tencent are an absolute beast. Expecting more explosions here!

I can't comment on Hargreaves but halifax did sort it within a week of the notification

Boris has just given the green light for restaurants to open from 4th July! This could 10 bag from here and still be dirt cheap.

I always though mid cap was around £200m mcap?

Try 5 years plus with wrn lol. Not quite the same as not looking to rto. But still waiting for resolution

No coincidence at all that article was published today just as the price was recovering.

Absolutely agree Andre. Taken to court many times and openly admitted breaking FCA rules because doesn't believe they will act.

Should be a solid few months here, considering we should be building up to 500bopd as our split

Interesting no warrants exercised Rns. Mid day?

I see they would be looking to float the spin off at £300m....

What would people hope to get here off that? Git to be worth a few Bob right? Nice to dream

Maybe if anyone here who participated in the tpi purchase can comment. From the Rns the shares were due for delivery Tuesday 8am. Should we presume they were sold with that settlement date in mind? Meaning come say 8:30 Tuesday morning there is no pressure to buy from them any more? They just take the hit immediately.

Thoughts ?

Realistically I very much doubt this will hit 5p quickly to be honest. The warrant holders will probably start selling tomorrow, and after monday the shorters have to take the hit regardless.

Mid term, I'd say 5p in a couple of months.

88e opened up 150% one time. I remember it well. If they don't Rns anything all day I fully expect this to be NT to buy until at least 12 noon. By then I'll have to judge and see where things stand. With no silly rns shenanigans I think I'd buy this up to 2.5 but definitely no higher. if I can buy at all.

Am I right in thinking most here are expecting the warrants conversion to be the next Rns? They are absolutely relying on this for Q4 plant development costs. So if it's not triggered in next 2 days I'd say a large placing in a few months is inevitable.

I guess, to be more accurate, no revenue until successful deployment of Petroteq's tech in a commercial plant.  

It should be pointed out, for balance, that 10p is a mcap of approx £34m. For a company with about 1.3m cash and no revenue until drilling.

Be enthusiastic yes, burn the shorters yes, but keep some common sense.

Imho trading range 1p to 3p until drilling, many warrant holders dumping around 2.5p.

Just to check your point here, where do you get 8am 23rd that they have to close? As that means beyond Monday close the squeeze is off right?