Member Info for mrcautious

Y110 - I will try but Iamrich's post fired me off a bit ! Anyone eluding to the fact that this is a well run company that made them loads of cash is like a red-rag ! And why RayPugh got attacked for simply stating the fact that they'd never monetised anything was just wrong !

Eric - I dont consider myself a clever trader at all ! But what I realised was that AIM is only really for traders and I had to fix the issues that the hype caused on this share. You may not want to hear it but unless KDNC monetizes Amapa they will have not monetized anything yet. Yes they have sold stuff ie EMH but so far only to cover cash burn. And to Degsie yes I am caught up with the possibility that Amapa will yet happen but until it does my stance is what it is. I am not selling any shares in anything just to please posters on a BB !

Sorry dont agree 100% with your analysis. Yes there is one well producing a small amount but there is significant cash burn as in all drilling operations. The values you state are estimates and only that at the moment. Remember Sound Energy and their NPV's and values etc ! Dont get me wrong it does seem now Idiens is gone that the new management crew seem to be moving things forward, but I think given where the company is currently that you cant expect a huge leap in MCAP at the moment - the market knows what junior oilers can be !

Least the price is stable - thats a positive..

The market may be slow to react, but hold on a sec - why has this got a MCAP of nearly £70M ? This is why the gains are small...

iamrich - so you are saying KM and his BOD are expert and successful businessmen then and it was our fault for being duped back in 2013 ? I am well in profit here also but because I realised that this needed to be traded to hell to repair the damage !

tomcat - yes I get this, but someone on a remote link doesnt have the ability to be there to give the board a hard time !

"it is with regret that the Board is unable to welcome in person all shareholders to this year's AGM and must limit physical attendance at the event to 30 people" --- OOH how convenient is this !! It is true that Covid has thrown up so many opportunities and advantages !

ffs BB you have admitted it !!

MLQ - MIght do a similar post on BCN for secker and his BOD !

Whats wrong with this discussion board then, why do people keep creating new ways to do the same thing ?

Quantas - I am 1mm away from filtering BB and I have never done this before ! He has already accidentally been drawn into revealing his true agenda ie get a nice quick flip with a smooth buy-out. That comment about status at the time listed is childish. No company says "we re a dodgy pile of rubbish" on listing this just gets found out later eg Theranos ! What amazes me is how he finds the time and mental capacity to write all this carp !

It would be very difficult for them to be sure who was on their side out of 30 unknowns ?

I think it is now apparent Secker would be better off running a toddler playgroup really, although those mums can be tough !

Foz - My view is that Ganfeng would have factored the ZNWD value into the deal on day 1. Now it just looks that bit better. I couldnt see any capital being returned to shareholders !!!

Mine are done for all of my accounts but I can only hope they are not just 'Protest' votes, my feeling is that secker is pretty hard nosed about all of this and won't care a great deal about a protest. I personally think BCN is just one big pension fund for the board.

So what you are saying is that it is planned to sell off our stake in ZNWD AFTER the takeover to effectively cut the cost of the takeover ?

So no reason for the rise today ? Will it hold ?

EV - " I expect this deal to close soon" I'm going to print this out in 80 point font and frame it ! Please define soon ?

Foz - I get and agree with most of what you are saying, the bit I dont get is how an asset WE own now can be legally spirited away from BCN shareholders ? Its like buying a car, and then having it delivered minus the transmission ?!