Member Info for munchbox54

Mozza.

Any delay with deal making is saving the buyers hundreds of millions in renegotiations.

There’s too many to list on here that have saved crazy money, so it makes me even more confident that the BOD are playing chess with the asset holders until they cave in.

I think the recent pull back in oil and negative sentiment will help us get the deal over the line.

Mcmullak. How high is your average ???

I thought 9p ish was all time high ???

I’m still here. 9p breakeven.

Looks like my “50k trade post” from yesterday was spot on.

Jim is buying for a reason and that is good to see especially as an insider.

Looks like he will keep on buying and has not put a floor on the sp as such whereby it’s very very difficult to see these below 40p.

Expecting nice tick up today

Just noticed the 50k buy at 48p right before close.

Surely that’s coinciding with today’s sp reversal.

News tomorrow? Possibly.

Is it possible ? Like Wtfffff looooool.

Must surely be a leak. We have 40min of trading left. I’m going for 50p on the ask for today. Come on MC.

DDD. You make a valid point but how many investors do you know are calm ? Or stay calculated with risk ? Not many I guess. Emotions dictate investments and it’s human nature when you see your investment value fall that your mind frame changes along the way.

Let’s hope we have a nice rns of any sort to bump us up another 5-10% tomorrow.

Certainly looks that way with the sp turning blue and then rising further. Buys still coming in.

For a change. Good buying volume. Last 5 trades all £5k buys.

Let’s hope we get some news and see these push in to the mid 50s.

It’s always satisfying to see a red share price turn blue within the same day. Long may this continue.

Looking at today so far ....

2 x 50k buys at 43p and a 60k sell at 40p.

Throw in a 25k and regular 5ks

Something Is giving way here and I’m all for it.

Let’s hope we finish blue today which would hide well as it would have bounced off strong support of the 42p level.

Looking really good but confusion on trades direction still there. My 22k buy was put through as a sell.

Glad the volume is up if not the sp , we need liquidity and we need RM gone for good.

It was a year ago to date that the sp was at its lowest 17-18p and today’s it’s at twice the price. Not bad and actually Feels decent Now than a year ago.

Notice how they mentioned that the major companies in the North Sea were looking to divest giving LBE the opportunity to view or shall we say “ wait “ for that asset to come up, I really feel good after yesterday’s rns and feel they will definitely do a good deal, can’t see the sp going much lower from here so in any worst case situation of the RTO I can still see these minimum doubling from current levels on the worst case and best case is sky high

Invested £10k flush.

I’m in. Glad to be here but ffs MC let’s get this going.

EL. I’m glad we can have a chat without getting all sweaty about it.

I’m not thinking it will
Happen and hope not but my theory on why the sp is so low adds to these pointers.

Look, we all want to make profits and we must understand that one day it will happen here ..... just don’t expect this to go straight to the moon, I can see many parachutes being used along the way.

It’s always surprised me how undervalued we are and have been , my final question .... what if for any personal or commercial reason JM decided to sell his stake ?

It’s not 100% certain he will and not 100% certain he won’t but can you actually imagine if for any reason someone with his holding is forced to sell ?

This stock is really on shoe strings and it’s not ants in pants believe me, we have all had them once or twice .... it’s just about being realistic and why the sp is down another 4-5% today is anyone’s guess.

Land always has and always will be an issue .... I can’t personally see anything resolved in the next 3-5 weeks.

Will wait until new year for a major re-rate, so sad that gold got crazy high and it did not be of it us one bit. Strange.

Good to have to back posting seingred. Always a fair and balanced post as usual.

Elise1- maybe the things you mentioned would have helped the sp no doubt but I can assure you the geographical issue here is holding this back. You have numpty companies worth twice what we are with billions of shares I. Issue. Why do we always get the short straw ?

Even after tester kindly outlined the good value we have .... mms don’t care because without scaring anyone that good could easily be taken from us one morning and good luck trying to go through the courts to get it back. Ok so B2 have mined etc etc but times have changed dramatically.

Really Pssssss Ed off with today’s drop. I can also see us sub 40p if 42p support doesn’t hold.

Excellent news today.

Norwegian assets along with a producing asset.

Looks like when it lands it will be a double deal.
Very happy here. Buying more today.

Good to know your still here lex. I’m with the same feeling. We will come good here. Tick tock

EL I was just summarising where we are at and where we are going.

Ggp has had its price inflated because of everyone jumping on board but the reality of the fact is they are in a 100% safe jurisdiction and we are not.

On that note with what your saying the following comes to mind “ id rather have 10% of something than 100% of nothing “

I’m still here and although I expected the sp to be much higher than it is ... this share never fails to disappoint and it has done for a number of years.

What you need is a balanced view .... can you imagine we go in to production and the broke a s s government suddenly increase taxes on mining ? We’re not talking 2-3%.

Risk is the only factor that’s stopped these settling at £2-3 by now.

Also one should take everything good and bad with a pinch of salt .... after all one should never be over invested in any stock because you should only invest what you can afford to lose.

MC had kept a lot under the belt and never panicked the markets but if he doesn’t get a move on these will drift lower.

Is that we will eventually come good here but the market is ahead most of the time and it seems that by listening to MC repeat the same jargon again n again that it’s actually been very very difficult for him but fair play atleast he’s getting it done albeit very slowly.

Must admit the political risk is Always there and with so much gold / money to be made as tester has shown us then there’s always a chance this government can make a coup for the mine.

Personally its getting boring again ....... but feels safe on this frothy market. Atleast we know if the market corrects we will not fall because we haven’t risen up with this market rally.

In 2 weeks we enter q4 ..... I can put a massive bet today with anyone willing that although we are hoping to be shovel ready we Technically won’t.

MC ... without his fault has missed numerous targets and it just begs the million $$$$$ question ....... will the production / mine etc etc go without a hitch ? With mining in general there’s always issues ..... hate to think if we e er had an issue whilst in production what this market would do to our sp.

I have my exit target sp , I think people with £1 or a bit more are ok ..... £5-6 just wont happen in my opinion.

Wanted to know if WS , Lexion and duster we’re still here ?

Beardozer .

I thought that may confuse some.

With redmayne you get through within minutes rather than longer than usual and more importantly you can tell them to execute your order and have the confidence it will be done.

They are quick to call you back also etc etc and I meant that would then enable me on relisting to concentrate on the smart investor which will surely give me a few issues trying to sell so many at once and then maybe put through a NT.

Been through too many over the years. Didn’t have them all with redmayne because profits could show up big and then tax issues arise.

Hope that Clears it up.

91p. CFD. Ig index.

Because these are hard to sell in one go if you have a big holding I have maxed out my redmayne Bentley and Barclays smart investor accounts which hold 25k each

With redmayne they are expensive but brilliant. They will sell on order for me whilst I will need to work the smart investor account.

Got in and am not getting out until the first deal comes in which will show the ambition / quality of this company going forward.