Member Info for NelsontheDog

If its going to 4 its going to have to work hard - UK inflation release this week and expected to be a big fall in inflation - the parked money is going to start coming back to the markets and a rising tide should lift all boats.

Lets find out which way we pivot...

Its the countries with Currency controls that will be the early adopters of any crypto fx solutions as quite simply, these are the customers who have a real need so I dont mind these visits per se - it just needs to be linked to partnerships and the real work of driving business to the Pendulum site. All to play for via Nabla but time will tell.

Many happy returns Bob,

Thats a lot of candles to be lit!

Hopefully before 5 years we will be back at all time highs

AtB

NtD

Mr Woo,

Also, ets hope he / she 's a youngish up and coming future big corp star being loaned out to bolster their future and not a 6o odd year old looking for a final payout as they approach their retirement.

Hi Office Manager,

Only like that with this one - the funeral march is on standby until they can show signs of life (production, RBL, JV). Im still here and invested FWIW as I do think improvement is on the way.

To be honest I just marvel at the ability of this board to write messages that dwell in the negatives. It doesnt cost anything other than a couple of minutes and a little thought to write more bullish communication straplines and that tone is very important for a company that has put itself through the mill. Even a prcedural RNS like this should go through the steady eddie positive messages process imho.

Yes you need the fundamentals but I would have hoped that the new CEO would add some focus to the future and where we are going in each RNS as a matter of course. Not overpromise, just link activities to the common purpose - it does make a difference in perception and ultimately over time, market reaction.

Feels like the company feels unsettled with a strong day yesterday so reminding us of dilution today! - thats probably my mindset rather than theirs.

Wierdly situationally good business getting money in at 2.6p price when your market price is 2p to then pay off creditors.

A reminder that this set us up for a 6 month runway to profitability - would that have been too much effort to tag onto the back of the RNS?

Eazy,

thanks for that view on the 9 wells - I take great comfort from those stats alone that what we need to happen is most definitely very doable.

Millhollanding - its the thesaurus results that will be most telling;

see skinned, fleeced, diluted, misled, blindsided, f***ed.

Also, just a quick note to again thank Seis for sharing his calcs on revenues and profit - great work - you seem to have judged impacts very well, which bodes well in the next phase that when you can see growth it should follow on in results.

Please keep sharing.

Results not a surprise for me, or a disappointment - I agree your comments Dorfan.

I thought we had hit bottom at around 7p - to be fair that may be the case but having touched bottom we are now descending into the cleft....

...We have to pullback soon or aaaaarggghhhh!

Hopefully some forward facing news at 11 wiull be shared?

GLA

NtD

Solid news today - big relief and hopefully exits the speculators (of which the chief protagonist was almost certainly Anavio).

IMV Cowan target of 2000bopd smacks of a personal banker on gaining his performance bonus settings - start low, very low. Once his targets are in, Cowan can boost this SP with immediate effect (if the business progress allows) by simply holding an interview and expressing the view that headwinds are receding and he is seeing the fruition of production increases as a result og the GGS.

So I eagerly await the interview from Cowan - as I suspect he wont break cover until he is personally happy to do so.

FR - can you point me towards the hysteria - just seems to be people calmly raising points on a BB

Eazy - Which comms from the company...

The GGS RNS does not mention this activity, nor the next few rns's - genuinely -can you point me in the direction of these comms?

Not only do you have more information than me in relation to activity, but you also know it went well. Could you give details of the communication please

Sorry, Eazy, where did they tell us that part about connecting seperators and the topside fieldwork etc - I may have missed that communication - or is that your knowledge applied to their circumstance.

Yes - GGS and JV are big ticket sellers.

However my mind keeps dropping back to the manipulation of the fields to bankrupt the other party allowing our purchase on the cheap - I now wonder if a straight bat is in play on our field development in some way. Dont think I have ever trusted a BOD less!

The comms on the GGS implies underbudget and performing in line with expectation - what expectation was that?

Us PI's are stumbling around in the dark. I did expect a rise in August - why? 1. If installation complete, I expect less downtime days. 2. There were choked wells under the old system - I expected these to become unfettered, even before any new injection strategy.

The result does not allow us to assess progress as we do not have the plan that drove those expectations and as such we cant see if it is a problem, as expected, or another leftfield item causing the result.

In short I feel we are being made to bear more pain than is necessary - production guidance is all I ask.

Hugely disappointed here but dont expect anything from our totem CEO - they are jumping for our debtholders and the JV requirements.

Microsalt IPO - does anyone as yet have an idea of the assumed MCap valaution? or a view on the timeline till we get this?

TEK - a great idea, and picked some real winners in their companies - but i think the last 2 years just demonstrates the difficulty of bringing tech ideas to market - especially in the new market era of realistic valuations based on future cashflows etc.

I suspect TEK are keen to limit future cash outflows - and the resultant need to raise in TEK. I still think they will raise but for new projects - TEK BOD need new projects!

I am still here and toting a significant paper loss - I think in my investment thesis I did not anticipate the prolonged need for cash in these projects as well as I should have, and I believed there would be a return via IPO for TEK. However that isnt the current case and TEK feels more akin to a non-profit agent of change rather than a profitable company at present.

In turn I have gone to a big big enthuser for this company, to hoping it can rise a little more so I can bail. Great products, lovely story, but not sure there is excess profit in developing these businesses in the current market.

Hi, I was pleased to see the impact of the option on our share price and it was refreshing to preak to high 2's and finally see some realisation of the AZ investment. However we seem to have now dropped a long way back - is this due to Conduit SP crashing? or is it something else? I usually have a feel for these things but a littel confused now as to why the recent drop again - if anyone has a view on this I would be grateful if they would share.

I think we need to all reduce the emotion and anger levels - yes I am sure there were some views put to influence - but actually nothing wrong in differing views. Lets not overreact the other way and most important of all for the quality of the board, lets try not to talk for the implied weak holders who bounce on the emotions of the board and are always losing out - its just another way of digging at people with a differing view. Most on here are "rampers" in that we are here as investors in the company but "derampers" have a view also and I do like to hear that also.

What i really dont want to happen is this board go to the dogs (ahem....its a really good board imho).

GLA

NtD

Agree Shouston - though it appears the market does not. I would very much like a bit of meat on the bones of the GGS now - I know it went in under budget and on time but then...are we happy with progress, any glitches, has injecting started and is there already signs of increased production, what level to we see this going up to, etc,etc. Breakeven BOPD postiton....ok, now im fantasising....

But my point is this is 100% material to us shareholders and its being witheld when we are at this suppressed level is akin to market manipulation in and of itself.

I expect the results to be positive, as again, no word to the contrary on that, but if there are any issues or slowing in ramp up I will be outraged (yes,really) by the lack of communication.

Personally I would be disappointed if CH goes. I get the frustration but what has he done to warrant going. As i said earlier - the well is in charge here. Until we get 36-2 complete we are all (including Harrington) passengers.

I'm frustrated but I don't think he is at fault and when you say he could communicate more - about what? TBH asking him yo go seems a false comfort - if he did go I doubt you would be any happier and there would then be the distraction of gaining a new boss, CH selling out his holding etc.

So, I hope there is good news tomorrow, but if not we wait or re-set expectations imv.

GLA

NtD