Member Info for manycats

Great news.

Well all the MOU’S are still there and they had enough carrot to make people try so sell the MSAR. Easy to get bored of waiting especially with the gentle drift but It would only take even a pilot contract to make a large jump. Ideally before the year end please!!!!!

Anyone remember what sort of cost the company thought the pipeline would be? I remember it was a shortish distance.

My thoughts are they are fishing around a few banks or whoever they get money from for a placing. The MM’s seem to smash the price pre placing from what I have seen on sres for instance. What does not change is the value in the ground. Maybe the mm’s drop the price as more shares due on market or so they can get there mates in. However solg were at around 1p and talks of placing were rife and all of a sudden they placed at 3.45p approx and then went to 40p. Whet is in the ground is great. Lj seems honest. So just timing. And I will buy a lot more of it drops from this.

Mmmh, I thought with a increase from about 4p on start Monday to now some 70% or so better approximately I was expecting a sell off from traders or maybe they have. The higher the better in my opinion so when we get the big contract we can move further ahead. No idea of my average. Mexico to score first figuratively!

Rather interesting to me that we did not get a good rise post rns. It does seem that some folks are worried there may be a fund raise which may well be likely. However, maybe we will do a JV with one of these two interested parties and not need to raise funds. If we do, with so few shares in issue, I would have thought we would get a stiff rise. I will definitely be adding more if I can.

Thanks Dust of Nations.
An excellent summary and shows just how much has been progressed lately.

On the website under investor faqs it says mmu at cespa is to be removed about mid year. Guess that could soon change with a contract. Do agree though that Morroco looks hot (prospect)(could not resist the pun) so mmu in Morocco. I think setting up mmu is 2 months but could be wrong. Fair bit of data on website to check this.

Data on Cespa and KSA are on website under investor questions and that gives up to date answers. One thing maybe someone can help me with is I can see good use of this in power but on marine with the 30% water in the fuel does this mean more fuel is needed for the same journey as I could not see shipping owners wishing to carry 30% more fuel cutting down on the payload space. Anyone know about this? I know MSAR is cleaner but how efficient is I guess my question? Thanks in advance for sensible answers.

Agree Fyoz,
Some good contacts being given incentive. Could see more of these too. It may well be that when we get a contract of interest we get the snowball effect and get several in short time. Nice to have a bit of excitement in the portfolio for a change!

I think pc is returning from his annual Xmas leave/ hibernation/space trip....... please invent at will. I have been in these
10 years and lost significantly and it’s like Groundhog Day with the price continually halving and from my memory pc goes missing in Jan/Feb. I am bleeped off too and quite down I ever continued with the share. If anyone can invent a wilder and humourous reason for pc’s quietness please post it as it may cheer me up!!!!!

Good post Animal. I agree, price depressed until they confirm we have enough of it. We also don’t have masses of shares in issue which from my observation makes the share price more volitile and not too many can move it one way or another. That also means if the Jorc is good we should get a good stiff rise.

Are we counting any directors in this list? Or other companies? Because it will be interesting to see the free float .

I have 4.8 million. Lth from 10 years my first million was at 2p. May add just before additional shares come on the market if I have funds. Going to be a great year!

Only been eating toffees pranchalee. Google said they have a rainy season but when you investigate further it’s about 24 inches a year in a 3 month period so nice thunderstorms but the ground is so hot it all evaporates in no time. Looking at images of the country it does look like a desert. Sorry for the redundant question then. Back to my toffees!!!

Will rainy season stop the drilling? Or just slow it down? Do they have time to whip out another couple of Tant shipments to put back the fund raise date? I thought there a concentrating on drill and JORC but also says employees are multi job skilled or words similar? Any thoughts please?

Thanks theorns, that makes a bit more sense.

Any ideas? How about 80% chance of a fund raise and 5% chance of a jv negating the need for a raise and 15% chance for a mou on Pozz then the fund raise.

Hi, I am fairly new to this open offer lark. I am a bit confused why the share price has dipped under the offer. I can buy cheaper as a trade. Is this share offer likely to be taken up by bigger investors? they could not buy a large amount on the market without pushing price up? If so, are they likely to take up this offer? Any thoughts please? Also how do I find out who the big holders are- guess if they think they will make money they will invest?

Thanks Dustofnations.
Some useful reading for me.