Member Info for MMgames

They didn't issue a trading update becoz its disheartening more debt. If Dbay are creditors then they need to carry this fragile company thru thick and thin and not let it be told that Esl could be cancelled from Aim - suspension bells ring in, another Aim stock hangs in the balance. Not good for shareholders.

Exactly winwin for Dbay ....

Anybody remember infinity energy?? It went to the wall. I was in it. Peeps made money following the money up down up down - £1k - £20k profit for some. So much there the director's family owned the oil and gas acerage just needed some investment couldn't get it got cancelled from Aim. Same we have here with Dbay. Put £55 m in and cut up company make £20-£30m profit by selling each part of it off separately to other companies.

Maybe u are right but then putting a large stake of cash by us is pie in the sky. The way I see it is news doesn't always follow sp. Sp is for us guys becoz we are small fry who need to make money, that's why we play Aim stocks. Dbay can afford to not let this go thru, they will prob cut Esl up in bits and sell it off at a profit for themselves. They might make more than their initial investment that way. It's frustrating but a better Rns from Dbay would have assured the likes of me to hang on and not sell. Besides by December most stocks will have doubled on trebled while we hang onto a noose or golden goose for 2021. Who knows, only Dbay do. They should make the Rns more shareholder friendly since Esl was in a pickle already to start with. I not holding onto this one, maybe a small £500 investment later at 12-15p if it makes it in next few months. Aim is run by Mms who only profit becoz they know the end game.

I have set sell limit at 7p. I know where sp will go in 1st 30 mins, it will go to 8p or 8.5p max then fall to about 4.5p before being degraded by mms and kept low around max 6p-7p. Seen this happen many times. I will make 50% loss but will jump into Batm at 80p hopefully. This unlike Esl has very strong balance sheet and Covid-19 friendly. This should hopefully in due course go to 220p a selling time . I will have made my losses from Esl and be in good profit. I got some shares in 88e at 1.07p but that's now 0.25p to sell pending news on oil which is there commercial yet , don't know??

Follow the money? After buys are not normal buys like u and me but mms. They need to do their bit to balance their accounts. Drop the sp buy a load then sell at their desired stop loss. Let's see, but never invest halfway through a rise on a company supposedly made to pick up. Esl do Euro trucking business of ferrying goods to EU as well?? I wonder if it goes tits up in December are we in for post Covid-19 dilemma with getting goods from Europe? I hope not who will be transporting the goods that Esl used to? Creditors are ********s need to see the debt problem the UK will be in. Over 3000 trucks , who buys them - DBay?? Will shareholders be diluted and then be DBay shareholders as opposed to former Esl shareholders? Really ****es me off this tomfoolery by creditors. I know they need paying but come on we all in a real pickle with debt from post Covid-19.

If dbay could have assured the market that it could find the £6 m then why didn't it do so before. Esl were say on a £161 m loss from the impairment charge , it's not been long since someone said orders at at 5 times what they normally are and ppe also have to be delivered. So if £161m debt to cover and £12m lower income this year then it makes sense for £6m not to be there. Obviously they are not able to pay their creditors although they have more than usual - seen Xmas time orders. Let's see what happens next , Andrew Tinkler bought a shed load of shares, is he a good investor ?? Does he know something about Dbay we all don't. Is Adrian, veteran CEO of other companies like Bahamas pet, tri-star resources up for convincing the market that we can stump up the £6 or more from a placing? Either way company is in a mess financially. Only thing is what happens when we get cancelled from Aim hypothetically in December 2020. It's happened to companies before - Afren comes to mind. Maybe a small weeny investment at any price , not get greedy is a better option for all. There are plenty more fish in the investing sea. All explanations otherwise are most sought after. GLA.

Latest rns, a really great deal for 88e holders. Hope it completes fully and we with XCD. Bodes well for 88e and XCD as funding is key to progress and joint funding helps both companies. Many shareholders look for short term gains but actual companies don't work like shareholders. Sp now is not indication of Sp in future. We will get that oil out of them hills - North Slope. We will be major holders in huge exciting oil plays. Exxon Mobil already in North Slope getting oil out. We will be next revenues will come in SP will fly. I am sure we will be north of 1p then and far north of it much later than that, back to 3.5p and beyond. Just trying to figure out 7.5 billion shares now. Are we headed for consolidation of shares or will be be lucky. Either way consolidation won't stop 88e marching to near 10p in 1-2 yrs time. Economic war with China due to Covid-19 may bolster oil price later as well as recovery from covid-19.

https://news.sky.com/story/coronavirus-spray-that-protects-surfaces-from-covid-19-for-90-days-to-go-on-sale-in-hong-kong-11979522

Hi guys had been invested in RGM and sold out lost a lot of money on the sp lowering to doldrums. This was in 2014. I wonder do u all think this will happen again or have we reached the Covid-19 straight line where casualties don't keep increasing. If that's the case then IG do a spread betting and CFD account. More chance of making money betting the SP will fall further back to 0.04p. Let me know guys I might consider this a fruitful investment on IG.

Don't know about Funds but they have unaudited funds in previous financial rns.
https://www.google.com/amp/s/oilprice.com/Energy/Natural-Gas/China-Is-Stocking-Up-On-Cheap-LNG.amp.html
With latest buying spree by China, Sound LNG has to be at a premium now. So SP is going up while other AIMs see their sp drop.

https://www.google.com/amp/s/oilprice.com/Energy/Natural-Gas/China-Is-Stocking-Up-On-Cheap-LNG.amp.html

That gas in latest drill by Premier could this be tapped and sold by company with correct equipment like SOU or another company.

17th Feb 2020 news - Sound plans to pursue a micro LNG plant within the TE-5 Horst within the Concession ahead of the full field plant being implemented. Timing is everything China buying cheap LNG pushes up the price of LNG - people anticipate a rise in price for LNG. So Sound sp increases.

https://www.google.com/amp/s/oilprice.com/Energy/Natural-Gas/China-Is-Stocking-Up-On-Cheap-LNG.amp.html

Wished we had Exxon Mobil as our farm in partner for North Slope with their huge money and expertise and equipment we should easy see anything from 1p to 5p/6p at least. Then onto 10p for actual transport of gas condensate through Trans Alaska pipeline. There is gas condensate equal to 10,000 barrels a day ??? Wow!!! Alaska has oil and gas since woolly mammoths from prehistoric times died and got buried in ice and rock . It is same rock strata as North pole , what Russia has been fighting for decades.

As of 31st january they have $7.3 M in unaudited cash balance which should take them through to second quarter of 2020. Hopefully covid-19 will be over by end of June. They still have income from LNG I think? Am I right they have some income to pay bills, staff wages. A fund raise might be needed if covid-19 doesn't halt by end of June. But maybe hot weather in USA,Italy,Spain will kill the virus - hoping for 40 deg C . Dean Kootz predicted virus in 1981, he said it will go soon although huge deaths will continue until then.

According to Rns on 1st April 2020, Sound has a MOU with State Power company of Morocco, ONEE . The Covid-19 case has delayed things till at least 30th June 2020. So MOU with such an important company strategically placed in Morocco means we have an agreement theoretically in place which just needs tweaking in due course from ONEE's side . Once all cogs in place then the SP will rise. SOU were in 23 interested party discussions before but have secured one in place all be it temporarily for now due to Covid-19 . So sp should motor along by July or August depending on Covid-19. Royal dutch shell and the other company u mentioned are much higher price so will be shielding effects of Covid-19 .
SOU should be back to 20p by end on year if not earlier.
Correct me if I am wrong on info posted. No hard feelings it's a discussion group for all to reflect on and learn from. Awaiting your reply and any one else's . Regards GLA