Member Info for Mrzippo

Its Fidelity

Ooh I wonder if the big buyer is still manipulating the price to get his position?? What twaddle. No buyers interested in this PoS.

A parody account. I see! Ha ha!

Are you on crack?

So we should just see this co as a cipher for the oil price? If so, it has no role to play, no need for a CEO, pulling in a mill a year.

Almost 18 months since new CEO appointment. Share price down c.20% since. Where is this company going?

Think she was already a non-exec at 88

Savv on 10 May last year when SP was 18.5p

The problem is, it's always "next year" with this lot. Let's hope they can make some meaningful progress this year.

Savv on 23 May this year when SP is 30p:

Same old story with these guys. It's always "next year" but next year never comes.

Thanks Mike.

True to your name you certainly have ‘loaded up at the top’. Parsons loves guys like you.

Yeah it all looks f’ing fabulous. I would think zero chance of residual equity value. Debt holders are snaffling the lot in a sale scenario. In a non sale scenario this is dead in the water.

Not sure this represents ‘skin in the game’

Not really news. Theyve been saying they had an HoA signed for almost 2 years now.

Really. What sort of price do you think the residents of the Mekong delta are able to pay for their power?

No one is prepared to pay that bill as you put it.

Following the announcement that they had a no win no fee litigation funder on the 9th April, they announced that the litigation funder had withdrawn on the 14th April.

That story lasted the bank holiday weekend before it collapsed.

Hook, line & sinker

Some Nigerian gentlemen keen to get in touch with you re some cash their uncle left untouched in a bank account somewhere or other.

Actually he’s right. ‘Conventional’ resource companies with cashflow & proper assets are flying. Particularly the leveraged plays. You could have made 3x In oil & gas cos Tullow, Premier & Enquest in last 3 months. Why punt in things like this which have little hope of building real value? They can spike with a twitter campaign but you need to be lucky to get out in time & can’t play in any size. The aforementioned have plenty of liquidity.

You can’t short this stock. If anyone knows how please tell me. I’d take a huge short Position if it were possible.

Buried in there is that they are in default to the tune of Euro200,000 to partners. Suspect the Nomad wanted that news to be in public domain but they wanted to hide it amongst a lot of waffle.