Member Info for ndmLSE

Fingers crossed you're right - have same impression myself

Generally a FO is entered to avoid further dilution, since typically a key agreement in the FO is that the other party pays most/all remaining exploration cost, grabbing large % of the profits shall any happen. So, dilution may happen to fund exploration beyond the FO, but hopefully contained or not needed at all if FO brings in successes in short term...

... they must be signing something pretty big...
Fingers crossed, but long lead time is generally a sign of complex big money agreements

With the best FO deal, I can't see SP going higher than 50% + 50% in two consecutive days, before a retracing pause. Hence a top of approx 2.2p would be my current top level expectation.
For higher levels it would have to be a sustained series of very positive events, made of actual revenue boosters.
This is AIM and there's a tendency to retrace quickly on spikes, without actual sustainable long term revenue changers.

thumb up

You must be kidding trying to discredit this RNS is ridiculous. And impossible given the few simple POSITIVE statements in there.

This is telling a deal is to be signed now and all details will be published after signing.

Of course it can tell us of the deal figures, yet. But the deal is to be signed. Just telling everyone to be patient and wait for it.

3p from current level can only come with sustained SP growth from very very positive news: i.e. either an explicit hint to a deal worth 3p or such an exciting content to justify the SP adding 100% + 50% along two trading days.
And if that happens, then I would prepare for a -50% correction on day 3

I only work by %.
Absolute numbers do not work in almost any deal scenario, that being a FO, acquisition, partial sale of interest etc
I have very rarely seen the SP growing more than 100% in one single session on any RNS.
With a bit of luck and a great deal the SP may get a first immediate kick of +50 to 100% and a next day further kick for another 50-100; but news have got to be so good that the market digests the spikes and realizes there's still more margin for gain and fair SP value at +150-200%.
As said, very very rare. Hence, my expectation is set on spike to anywhere between 1.5 and 2p on very good deal. And a possible lucky run to 2.25 to 3p. Hence overall range: 1.5p to 3p

Darn, loads of typos, sorry... autocomplete nightmare
In reply to AIM4: yes of course any transfers (gifts) shall be carefully considered within the boundaries of hmrc rules and allowances.
RE providers, what suits me may not suit others. Need to do your research checking fees on accounts. Most providers charge your accounts if you do not trade "often enough", and that charge as well as the often enough tend to be the differentiator, hence, have a look at the FCA regulated institutions to pick the one with thresholds best fitting your trading regime.

Just a 1000-ft-view quick guide
1) check the double taxation avoidance agreement between AUS and UK: I assume they have one, such as you're potential capital gains are only taxed in the country you reside in for tax purposes. Generally that is defined as the country you leave in for more than 6 months a year or the country you have the strongest relationship with (say family ties) if you don't leave in any country for more than 6 months a year
2) Once you know about 1 then, if there is a double taxation avoidance agreement, doesn't really matter whether your capital is invested in USA or UK, except that residency in UK would allow you to use the ISA tax saver, which is only open to UK tax payers (i.e. residents for tax purposes - leaving more than 6 months a year /having ties in UK)
3) if you move to the UK, you can at any point in time transfer your shareholding from an account with AUS share dealing platform to an account with UK share dealing platform; most trading platforms in UK allow trading on AUX, hence you can still be invested in 88e AX though holding shares from UK account. For this you do not need to sell and re-buy. Just open account in UK and transfer your shares from the AUS institute. You avoid the risks associated to sell/buy if there's a sudden unfavorable SP movement
4) To benefit from ISA: there's a 20k£/year allowance for you and same for your partner. But, need to be UK tax payer. I would: first do 3 (transfer shares), then open trading account for partner too, then donate the equivalent of 20k£ shares to partner (donation itself is tax free, partner is potentially taxed at selling like any other individual UK tax payer); at this point open Shares ISA for you and partner (with same provider as the share dealing account, this to minimize time lapses for share dealing<>ISA operations - see later), sell 20k£ of shares in your and partner's share dealing trading account, re-buy in ISA. Consider that selling in trading account taxes approx 3 day for cash to settle, at that point you can instantaneously transfer cash from share dealing to ISA account and rebut the shares. If share dealing and ISA are not with same provider, you'll have to withdraw and then deposit, going through bank account with additional delay.
This assumes you don't have 40k£ cash to buy your 2x 20k£ shares in ISA, hence the selling and re-buying, with that cash-settling 3days lapse.
If you do, but still want to keep your level of investment in 88e say at 100k, you would have at least the possibility of timing your buy in ISA /sell in share dealing, to sell hopefully higher than buying.
Finally, the share dealing sales of 2x 20k£ would be subject to UK capital gains tax, but, you and your partner have an allowance of 12k£ gains tax free each.
HTH

I think you nee to learn an RNS in full:
"The forward plan is to further evaluate and integrate the valuable data acquired at Winx-1 and reprocess the Nanuq 3D seismic (2004) in order to evaluate the remaining prospectivity on the Western Leases including the Nanushuk Fairway potential. Winx-1 will now be plugged and abandoned."

They are using the data for review of the broader 3D seismic. But,

Winx-1 will now be plugged and abandoned.

with £ low vs $ any company in a field like PYC is, with a good breakthrough proving some disruptive tech, would be an easy snatch for acquisition by a USA corp

I'll use 88e is a slow growing investment, adding a bit whenever I can - in the hope that the large amount of assets will finally work out...

RMP will re-trace, while 88e will keep slowly growing and growing

in pharma by Feb'18:
average premium of 81% (data Dealogic) vs 42% paid in 2017
Interesting whole FT article: www. ft .com /content/fde484cc-ff92-11e7-9650-9c0ad2d7c5b5

Considering the SP though has gained substantially from announcement of sale process, I think we're dealing with a good level of uncertainty here. Big Pharmas are yes desperate for new medicines, but VER SP has been moving so much it is difficult to foresee at which level will a first offer come in. Hoping for a bid war to help us towards the upper end of the forecast.

GLA!

17th of Apr is over in AUS, and no report mentioned on the website

I doubt we will hear anything. This is the reply I got: "Thank you for contacting the FCA regarding your concerns about potential market abuse. Your concerns have been passed to the Secondary Market Oversight Department for review and we are considering the issues that you have raised. We will review the information you have provided very carefully with a view to determining whether it is appropriate to exercise any of our statutory powers in respect of market abuse. As you will appreciate, we operate under strict confidentiality restrictions and it may not be possible to update you on any work that might be undertaken or communicate our decision to you. If we require any further information, we will contact you."

I did report the case to FCA

I only got an automated ACK: "Thank you for contacting the FCA regarding your concerns about potential market abuse. Your concerns have been passed to the Secondary Market Oversight Department for review and we are considering the issues that you have raised. We will review the information you have provided very carefully with a view to determining whether it is appropriate to exercise any of our statutory powers in respect of market abuse. As you will appreciate, we operate under strict confidentiality restrictions and it may not be possible to update you on any work that might be undertaken or communicate our decision to you. If we require any further information, we will contact you."

I'm writing to market.abuse@fca.org.uk asking to pay particular attention to the RNSs from "11-Sep-17 07:55 RNS", announcing MT stepping down. Look at the events from then till today and then go back to review the misleading announcements of 2017 and the suspicious financial operations of the same period.