Member Info for Miidas

Since GRH' posts referring to 'call option', I have been intrigued and trying to understand the intricacies, advantages and disadvantages of this. I have no training in investment, financial services etc and suspect that I may not be alone in this regard. I don't wish to decimate a lifetime of endeavour and retirement savings by foolish 'gambling'.
Is there a suitable book 'Call and put options for dummies' to which I can refer?
Any information would be gratefully received. miidas

Good morning GRH
You recently drew the board's attention to an exciting new Poole- Morocco seaway ferry crossing, avoiding the recent EU tariff restrictions to trade resulting from Brexit.
The company concerned is United Seaways which has only been registered in the past few months.
As part of my research, I contacted them regarding opportunities to invest and received the following reply, which I am happy to share.

Info - United Seaways
Tue, 9 Mar, 22:58 (11 hours ago)
To me, info

Good Afternoon Mr xxxxxxx
Many thanks for your interest in United Seaways. The company has been set up by private individuals with share capital and finance backing. As you can imagine the concept has been exceptionally well received and there are many investment offers. However it is not the anticipation for the company to look to float on any market in the near future.
Kind Regards
Mrs. May
Administration Manager

GRH, I join the long list of PRD bb members who are immensely grateful for your insights and advice.. Best wishes
miidas

Great news. One step further. miidas

Thanks GRH. I look forward to reading your future post on exploration risk. Best wishes. Miidas

busymomof3 . If your ICU friend became symptomatic 5 days after receiving the vaccine, it is likely that she had already contracted the virus, prior to vaccination, given the usual delay between contraction and symtomatology. Best wishes. miidas

BlackBat17 You may be aware of my most recent correspondence. With reference to your promotion of GBP, please give estimates of field size in P90, P50 and P10 estimates rather than just 'top end' Miidas

Thx. Like you, I am ever-hopeful of a highly-successful outcome. I am simply being realistic.
I have been overly- encouraged, in the past, of extremely optimistic P10 predictions!
Now, I want to moderate these predictions and be realistic in my expectations, hence P50 values should be my considerations.

I should add that I have a significant holding in TRP and am, in no way , a deramper! Miidas

That implies that you would be happy with a 10% possibility of drilling success achieving news sufficient to achieve o share price above 1p. Therefore a 90% chance of failure to achieve it! Odds are not appealing!

Why would you want to know a figure (P10) that there is only a 10% chance of achieving? Perhaps a P50, where there is an equal chance of achievement would be better! Add in the P90 which has a 90% chance of achievement to gain the full picture.

Chopper with underslung netting?
miidas

I have been a private investor in SOLO?SCIR for many years with the resultant disappointments. I am excited at the prospects of Helium1 IPO but have no experience in how to participate. I telephoned Peterhouse Capital ( as per the ATTIS OIL RNS ) for information and they advised me that they could not talk to me as an individual private investor but the approach would have to be made by a brokerage house, financial advisor etc. Any further advice from this board would be appreciated. Miidas

Thx

Bishop190 " I too think nuclear plays a part in future energy. I hope that will in future be fission not fusion though."
Please explain why you prefer fission with, all its explosive potential, rather than fusion. I understand that, whilst fusion is not fully evaluated and problems remain with its utilisation, it is likely to be far less dangerous.
Thx Miidas

"Algy Cluff has notified the Company that he has agreed to sell the 10,648,709 Ordinary Shares resulting from the exercise of such options to IPGL Limited, a company controlled by Michael Spencer, at a price of 3.5 pence per share."
RNS 13/02.2019

Thank you, Catchingpigeons
It potentially opens up tremendous opportunities..
Good luck. Miidas

Hopefully, they will be able to fast track both modes of administration. Miidas

I know that they can anticipate that they will be able to utilise their nebuliser to administer TZLS-501 directly into the affected lungs. The point I am making is that the nanoparticle technology may permit TZLS-501 to be injected safely and slowly intravenously, avoiding potential toxicity problems. This would permit two separate administration systems for differing patient circumstances. Miidas

Could it be that the most important aspect of the recent acquisition is the nanoparticle delivery technology, invented by Dr K.S. permitting safe, slow -release intravenous administration. If it could also be applicable to TZLS-501, it would give TILS two safe, rapid routes of administration. Then the added bonus of a potential COVID19 treatment in the form of Actinomycin. Miidas

I have been trying to independently validate the figures presented by the previous contributors and, before, presenting my own calculations, I should like to ask advice regarding the discount that should be apportioned to any potential purchaser.
Assuming a £30 profit per barrel of oil equivalent, what discount to this figure would a potential purchaser be likely to expect before considering an offer? Would it be 80%, 90%, 95%?
The field is contentious but has been appraised and problems regarding compartmentalisation have been reconciled. There is also the potential upside if deeper levels are confirmed to contain oil/gas and if the areal extent is increased.
I am a holder. Any guidance gratefully received. Miidas