Member Info for Muchaboutmoney

OMG did you miss the memo? Are you still in? lol

If you look at the trade times you will see they are all executed at exactly the same time. It's BOTs trading and looking to move the price at times of small volumes. They make quick multiple trades based upon the order book to try engineer price moves that they can capitalise on and take multiple small profits that add up over time.

Its why shares never rise in straight lines.

Bang on Nom.

Focus on Sealion imperative but as soon as things are set, they will be all over Isobel like a rash.

That for me is when we we will get something near value on these shares and / or a possible takeover ie when Isobel is understood

We shall surely follow .......

There is no stock out there .. if you want to buy now you are going to have to pay.

I suspect as happened last week, it's to do with the insurance payment and someone somewhere has leaked that the remittance of the funds is either imminent or has been received.

Agree. So many will be shaken out on the pullbacks and miss the opportunity to make their fortunes.

Sadly it's investor psychology, fear v greed and the madness of the crowd. Nothing new. History repeats again and again yet sadly some people will always time their exit badly and live to regret it based on their previous experiences. You should learn from previous shares but not assume the same outcome.

Let the trend be your friend until the bend at the end!

Personally and if I still owned any BOR I would take my money from here, invest it in Rockhopper and then switch my fundss back in here if and when it becomes clear that something is going to happen at Darwin.

Having funds in here is dead money waiting for a miracle.

Boy did he get his shorts burnt ....... ouch!

This is all working out rather well.

Hopefully the year pans out as follows from here ........Shenandoah comes online and flows as predicted, money hits the account fromm the insurers, banking finance confirmed and fund raise ask revealed with a sweetener for shareholders and then onto FID.

Seriously worried that my 92p end of year prediction is going to be blitzed!

I guess I will just have to live with it ......

Agree.

I drive an electric car and have a Heat Pump being fitted beginning of September.

I'm doing my bit but doesn't stop me investing in a critical oil project like this to secure the production of the oil required to keep the lights on, planes flying and the wheels of industry turning.

Good solid move up today and with just 2 days for the insurance payout confirmation I wonder if someone knows something.

Cashflow for Navitas.

It provides the income and capital to enable them to move forward with Sealion and provides the lender with surety of repayment even if Sealion failed.

Hey LT,

I was the tall tanned guy sitting in front of Sam a couple of rows back with a navy blue linen short sleeved shirt for what it's worth, but got to speak to Will the finance guy too.

My take from my conversations with them all is that they can't initiate a cash raise until they know what the ask is. In other words once the lead bank and Navita's confirm the requirements for FID and have ironed this out, they can proceed. The positive is that it will mean that FID is effectively a foregone conclusion if and when they seek to raise the funds.

To be clear, the population of the Falkland Islands will have the highest income per head of capita in the entire world once Sealion starts to flow so no-one should be under any illusion as to the extent they want this to happen, and that they will do everything form their side to get it over the line.

Much

I was at the AGM.

A few points from my conversations with the board members and what was presented.

Deadline for the insurance confirmation of payment is this Friday so expect an RNS one way or another on Friday if not before.

Shenandoah should come online any day now albeit of course Beacon aren’t publicly listed so they have little interest in sharing news with the public at every juncture in the way that public listed companies do.

Effectively the cash call will be required to enable FID and they won’t be seeking to raise the cash unless the lead bank and Navitas have everything lined up and are proceeding.

This will make the cash call rather interesting as the appetite for shares is going to be off the scale given investors will basically be being told that if they cough up the cash they’re going to bring a multi billion dollar oil field online.

Shouldn’t be a hard decision for any holder to make and may be worth holding off buying any more shares for the moment given you are going to be offered a ‘sure thing’ at some point in the not too distant future.

The next 6 months are going to be very very interesting.

It will be interesting to see if we get the first hour drifting down to shake out the weak and thewn the emergance of the heavy buyer at around 11.30 each day which appears to be powering the recent rises.

Price catalysts which should take us into the 60s this time around will be the insurance payment, Shenandoah starting to flow and then of course September FID which will take us to a 3 figures number.

Exciting times ahead and looking forward to seeing some of you next Friday.

Is he / she / it still posting and have people not got it filtered yet? If not please do so asap. Without oxygen he is of no consequence.

I note he was unable to come back on my request of him to tell us a bit about his occupation. Strange that someone with so much knowledge and insight to share is unable to answer such a simple question and tell us how he makes a living.

I think we can all safely say that Poncet’s career is well and truly over.

In addition his failure to disclose all relevant facts about his suitability and history and resulting costs to the party’s suggests he may well find someone coming after him for a significant amount of compensation.

Regardless he is in my eyes wholly responsible and should be made to pay even if it means bankrupting him.

Out of interest Market Dealer, and assuming you work, what is your profession?

I've fascinated by your ability to get everything so wrong. Help us to understand a bit about the person behind the insane drivel you constantly post.

And before you ask, Commercial Baanking....... over to you.....

Yeah, can everyone please put them on ignore and starve these two of the oxygen they need to survive.

All for exchanging views but these two are a total waste of time and add no value whatsoever.

I think you'll find he already has ....

To think the board chose to walk away and give away Sealion to Navitas to concentrate on the North Sea makes my blood boil. Stupidity beyond belief.

Fortunately and at the time I sold out and invested the lot in Rockhopper.

I suggest others seriously consider doing the same thing.

As a seasoned investor and long term holder, I continually ask myself the question who on earth would sell at these prices and given what is to come over the next 6 weeks?

However if you look at the individual trades and the times you can see batches of automated trades flying through at identical times and you realise it’s Bot trading in a low volume environment seeking to manipulate the price and make small % gains.

Each to their own but it is a bit annoying to see the way they are able to manipulate the price for their own gains.