Member Info for MadChatter

Personally I'd say it's odds on that the extension will remain in force, meaning not much to see here for at least a week.

I don't see one judge contradicting another on a state company.

Up 34% and flying! Looking forwards to the deal confirmation coming.

On even small amounts!? Took me about 10 mins to get my order through.

An out of court settlement could actually be massive here. If they know they are losing cambay, why deposit the funds to go through the arbitration process at all. Just settle it out of court

Still can't believe there's only a few of us talking on here!?

This is the reason I bought today. Any share that is NT almost constantly for any decent volume *before* news hits is a great share to consider. The herd would struggle ordinarily to get in on news, but here literally they will be really struggling.

Potash is very good business as well, very stable compared to some resources.

Forgive my lack of knowledge here, but why is this constantly in NT? What is the free float here?

What is your level 4? Better get that one ready!

The way I see it, let's suppose there are only "degrees of good" here. I see minimum based purely on resource and mcap at say 12p. Upwards... Would 25p be out of the question? Hopefully not.

Was the same for me, and reading back it seems NT on any decent amount. Which is before any news! This will easily gap up 100% on the day DFS lands.

Looks like they are on a fishing trip at the moment.

You do need to factor in any share issues since 14p days.

Seriously, lol. Market has been open 11 minutes.

Ignore what happens in auz, its absolutely meaningless due to the erratic volume. It dropped something like 30% the other week on a $40 sale!

If we do get the £3m it will make a huge difference here and mean we will be funded for easily the next drill if nothing else.

I don't mean to be flippant greendave, but have you read the last RNS?

Whilst arbitration is ongoing GSPC are obliged to pay 55% of any future cash calls. So it's not going to drag on another year. They'd want a resolution asap, and if that means them exiting now then so be it. Remember, these are the guys in debt to everyone, even selling assets to another state owned company that is paying it's staff on loans!

Also, the Gujarat government desperately needs the tax revenue from the gas field, so they will be very keen to rubber stamp the development plans. Which means drilling in feb/ march and yep, you guessed it, a cash call.

Are we sure that £50k was a sell?

Please

I could reluctantly accept 10p per share. :D