Member Info for MickR

As I said, 0.50p is a great entry opportunity for those with a bit of appetite for risk.
In yesterday's RNS, the company is funded through to Q4 2023:
"The board believes the Company has sufficient funds to undertake the planned studies on NXP002 and operate on current projections until Q4 2023."

The bad news is all priced in and this should now go up IMO from here. Strong buying could see us back to 1p in no time.

DYOR

Looks like they have no gotten all the bad news out. Surely the only way is up from here? £3m market cap is even less than many cash shells. The SP has held up pretty well this morning and could go to 0.60p and higher on Dan's confirmation?

I am thinking of dipping my toe in as it looks like the bottom now.
DYOR

GLV and PRM are our partners on this drill and they trade on the ASX. They are not yet in a trading halt but some posters on other forums have said that trading halts (common on the ASX) may come as early as Thursday/Friday if there are early gas shows. Our market will be closed in any event on Thursday and Friday so Monday could see multi bags here or a 50% drop if a duster.

I am confident and holding my million shares in Clontarf for the result.

Oh dear. Rats deserting a sinking ship comes to mind. I feel bad for holders.
Another 50% drop today FFS?

Share talk interview out tomorrow hopefully https://twitter.com/PanPeterS5/status/1531185042516590594

Positive surely that he has flown offshore? To the drill site?

Could also be Tuesday as they said towards the end of May. I think we may see heavy buying today if FOMO kicks in and people would not want to be out over the weekend!

£2m market cap for an EBITDA positive company is a bargain.

I am holding for the results.

Yes, some big trades yesterday. Eagerly waiting for results any day now. 20p could hit quickly if the results are good.

DYOR

The company is making huge progress in restoring fair value:

From today's Notice of GM:
"As stated by Andrew Prelea in the Company’s RNS announcement of 16 May, we believe that the repayment of Atlas marks a definitive turning point for the Company, and the Board believes that this should restore a fair value in the Company’s share price. The investment and development work now being undertaken at Baita Plai, together with the new revenue streams being introduced as a result of the Company’s interest in Tajikistan, are already reshaping our financial performance."

Shareholders do not need to wait until the next AGM, RY may be removed sooner: https://www.lblaw.co.uk/services-for-business/corporate-law-services/shareholders-agreements/removal-of-directors

This was a vote of no confidence in RY, time for him to exit with whatever little grace has left or be voted out.

Boooooommm, in auction. 15p coming IMO. Solid buying.

SP in freefall. Hope many did not get spiked. 28p as I write.

DYOR

The order book looks solid so if they were dumping, MM's would have dropped the price to sub 7p. Looks like we could tag 10p today without news. If the results are good, we are looking at 15p 20p++ IMO.

DYOR

I am holding 40,000 shares. I was just warning people not to get spiked without doing their research.

It would be great if we go to 15p which it could if the results are good as we all think they are.

DYOR

Newbies should be careful not to get spiked here if this share is being pumped.

wressmycash on another board:

" I made 10k on inx.
Good for us too because I put the profit straight back in here
Boooom"

Yes, bid/ask 1.25/1.30

I am in for the drill. Having bought in at 0.45p, looks like I could half my money on a duster or walk away with five times or more if a gusher. The odds look good for a gusher, fingers crossed.
We need a gusher desperately on AIM.

DYOR