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Spotify's post didn't last long! I think there's a serious problem when a post like that is taken down but certain posters are allowed to post lies and half truths day in and day out. I think we can all make an educated guess who reported the post.
If anyone has a copy post it up again please.
Hi Montmuzzard
This comes back to my question too. I was wondering what the 20% specifically refers to. Is it the licence, the resources or what comes out of the ground. I had assumed that Eurasia or subsidiaries actually held the licences but I am now thinking it must be a share of the licence as I don't think anything else has a value on its own.
I posted this yesterday, maybe it got lost, maybe it is a dumb question, maybe nobody knows.
'Just a thought I had reading this thread. What does the owner of a percentage of the resource own? As far as I know, we own the licence, anyone know how the ownership of the resource relates to that?
Maybe I think too much?'
Can anyone enlighten me please? It obviously has a bearing on how much the various percentages are worth.
Just a thought I had reading this thread. What does the owner of a percentage of the resource own? As far as I know, we own the licence, anyone know how the ownership of the resource relates to that?
Maybe I think too much?
The way I am looking at retirement is that it is going to happen to me in 3 years anyway. If I can make enough here to buy a car and pay myself the equivalent of 3 years salary that will do. I would love luxury holidays and new cars but that would require some of the more 'adventurous' guesses to be correct.
I hope that at least some of us achieve our dreams, Lamstree it looks like you will.
Retirement, a camper van and a selection of fishing rods would do me rightly.
Dreams do sometimes come true.
Morning all,
A few weeks ago I posted that although still positive, this share had lost its excitement for me.
The last 2 major RNSs have brought that back in spades.
All the speculation about different scenarios stimulates thought and I wouldn't be surprised if there are more twists and turns still to be revealed.
The ACF report was one of the things that drew me into investing 'short term' last July and there's no doubt at all that since then many factors have added value.
Sitting in my dining room working through lockdown with all the terrible news has made me even more determined to try and enjoy every day and this board has helped me to stay positive. I
am 3 years off retirement and anything over 1.40 brings that closer, 1.80+ will mean an immediate end to employment, of course, anything more makes things more comfortable.
Let's hope the EGM is the beginning of the end and we can all start to enjoy the benefits that EUA may bring.
The excitement is back.
Good luck all!
Hi Dealer55,
My understanding is it £250,000 of shares at a nominal value 0.1p. That means that at the current price, it would raise £60 million plus. I'm sure we could do something with that.
Good morning Aviz and all.
I agree that this is all being done in cooperation with potential buyers. However, if Mac is correct and this is an asset sale, finance may be needed for further exploration of the Rosgeo sites. Remember, the option is only for 2 years and the clock is ticking.
After more good news and value being added in the JV RNS we are back to drifting around in the upper 20s.
Bot fly school has had a fresh intake and it appears that they they have lowered the entry criteria even further, the current bunch can't even be bothered to do basic research before they spew nonsense. Lamstree is doing a decent job of tutoring them in the art of bull****, clearly has no idea of what outcome he wants or expects from his investment (if he has one).
7am is no longer exciting as another day passes with no red dot, however, everything is still positive with zero reason to think the FSP will not be worth the wait.
I wonder if there are still more surprises to come? More licences maybe, or perhaps something else completely unexpected.
Personally, I hope we reach treasure island soon. For me, although I remain positive and will not be selling (topped up yesterday), the excitement has gone out of this one.
Lucky Topper1. I used to give the idiots a few posts to hang themselves. Topper is the first recipient of my new 'report &filter' award.
Slightly odd, they normally try and appear reasonable at the start, obviously an old snake with a new name!
Ian has very kindly collated all the guesses about dates and prices. He also notes the reasons given for dates and sends birthday greetings etc.
He does this from the goodness of his heart and while reading the board, I have noticed that he seems to be taken for granted by some.
I'd just like to say thank you Ian for all your hard work.