Member Info for NelsontheDog

Art’s mentor in the oil industry is the current President of a large Texan oil company - Ewing Oil….
Taught him such wisdom as
“Don’t tell the truth if a lie’ll do” and if it’s worth going for go all the way.

Happy days here - JV should derisk this considerably and accelerate out route to riches

Gla
NtD

Hi Dave

I think that’s the market right now. Many loathe to put money in the market currently and when they do they are less risk averse meaning they want more certainty.
At this point the things that are some of BLU’s best traits start to look to these folk as their worst;
The new and novel markets of gaming and crypto payments are less known and therefore perceived as more risky.
The management team is less known than bigger companies.
Whilst timelines could be “in the future” before, now they need to be known and short in duration to reduce capital exposure.
The rewards now can’t just be exponential or huge, they must be defined and predictable.
In other words, the visionaries are out of favour and the accountants have their hands on the helm - in fact it’s so bad it might even be the actuaries in charge! (A little in joke for the accountants among you all - Muscles?)

Times will change as will outlooks and in the mean time nothing is more certain than an actual happening once occurred. Pendulum will launch, Dtransfer will make money/get bought/float. There just won’t be much pre-game on anything.

I am going to wait on most of my opps whilst simultaneously looking for dull divi shares trampled down in price as the money left the dance floor.

Gla
NtD

Be added again - this is definitely last time till we rise and I sell a little. Just far far far too cheap. Checked my pf rules and I am still just within ratios for the holding.

Couldn’t resist with the sterling effect - on top of what we already know.

Just need to remain patient now

I’ve worked really hard to not add more here - it’s my largest holding - but I am sorely tempted at the moment.
Such a cheap price but simply a little too concerned with too many eggs in one basket to date.

In other words we still have that massive jam deposit to come, but now as an investor you can sit in a lovely plush seat on the train sipping pina coladas while we get there

I am hoping ART wouldn’t do this call without having something to say and I am hoping that he feels that irrespective of RBL negotiations/status, he is happy he will have August production and a talk track as to further action in September improving this further. If he has also got enough production to be cashflow positive and can therefore drive a talk track of Copl entering a more stable time in its development then he can simply allude to RBL coming and still send out a come invest here vibe
All imho
RBL would still be nice though :)

No surprises. Good use of the work languishing by the chairman. First actual acknowledgement of their poor performance but no linkeage to any culpability of the team. I don’t want a pound of flesh, but rather this is the time to re-engage with shareholders - opportunity missed.

62000 is my guess
GLA
Rampy McRampface

I had expected a rise here this morning simply to reflect
depreciation of the GBP. Have seen this occur in other oilers and commodities I hold today.

This up in production will be a real boost. If ART can announce an RBL and increassed production he effectively lances the risk question on this share - cash in and cash positive and runway of cash through RBL also - I think we will get both of these within the month. Once we have them I think we should be back in the thirties - however this last bit isnt up to me - I do still have this as a strong buy right now however.
AtB
NtD

BoNidel,
I have to say that I don’t feel any credit is due to GC.
Financially, he and his management have put me through the mill. He has done anything but focus on the drugs - de listing, maybe relisting but not having the humility or quite frankly balls to keep us share holders in the loop. Absolute sheet show and shows no signs of this changing.
But more than that - he named this company after a loved one, wanted this to be in their name improving the lot of other folks suffering. And he has quite frankly failed in this legacy - he is not accelerating any products to market and from the outside appears to be in a fug as to what to do with any of the products. Shame on him. Wealth buys you many things but it doesn’t salve your conscience or soothe your worries. GC needs to set a strategy and then let this go forward.
I personally see his purchases as the prelude to his shafting lth’s and do not see anything but contempt for shareholders in his corporate actions. In my eyes GC is either a morbidly depressed overly controlling buffoon or an absolute see you next Tuesday.
So there’s my credit to him.

I find myself tonight wondering whether this is a forum of sage fellow investors, or a tutorial group at the royal society of share price drama.
Duke is 1 Investor and by all means reassess your position in BLU as a result of his selling down, but please bear in mind a sense of perspective.
Do you feel online gaming has a future and do you think dynasty is part of that. Do you see a route to success for pendulum? At what odds? That’s about it isn’t it?
Putting my own view here - long term I still like
Gaming and see any pendulum extra as just that.
On the drama side, Short term, perhaps Duke may be selling before the clear out RNS where the almost made its gaming stocks and investments are cleared out - or may be he’s woken up with a giant gambling debt that needs paying. -lol.
Personally nothing has changed for me but I am running profits having gotten in quite early.
NtD

It is good news but this is not trials - we need to either sell or partner Foralumab rather than this illdefined path forwards - less fan dance and cut straight to the full monty!

I fear that Putin is still all about escalation rather than de-escalation. Referendums will be ignored by us and un. Then what? Full scale war? Well we am not sure how much more Russia can risk.

Ukraine has its dander up and I suspect at moment Russia won’t even be able to negotiate Sevastopol, let alone the crimea. All still very grim imho. But EUA assets still in the ground and we are valued at about 0.025% of their value. Worth hunkering down for still
I feel - bit a long term rather than short term now - hope this last bit is wrong ;)

Sorry broker has it at 16p now

This acquisition is such a fantastic deal. For the $o.75m we get infrastructure where we need it and even more crucially permits - with oil reserves to boot.

Classic example of location being key - seller has no other use case and avoids a cost. If the seller has any sense they will put that $0.75m into zephyr shares and gains further win - the impact is not at all in the share as yet.

Broker has this at 15p now!!!

CH’s zephyr actions in the last 18 months or so have been spot on - not content to be formulaic he seems to be one step ahead at all times - I am becoming a big big fan.
Gla
NtD

Title agrees my mood. Its how the news of the higher production starts to come that will ignite an initial recovery back into the 20's - maybe 30's with the RBL - thats safe territory once we can prove we are upping cash in and we can sleep at night so to speak. We can then start looking up with the other news in regards to new drilling and the future phase will have begun.
GLA
NtD

Popped in to see how things are as I am very fond of this share. It appears the ongoing oligarch fued continues in the courts despite the war - going to be a grim day today for this share I think.
Good luck to holders - cant see who holds here for all the Russia frothing in the below.
Slava Ukraini
NtD

True Rosso
Bit is that smoke due to someone furiously spinning twigs for the fire, or the first wisps of a forest fire taking hold?

Well, I think we will crack 6p or at least touch it today despite a little selling and profit taking. I have a core position and trading position but fairly comfortable with both tbh - if i dont time a trading exit I am pretty sure with the news we have in store that the share will forgive my lack of attention.
My favourite growth shares are those such as ZPHR where there is an element of funding for growth within the business via cashflows on existing business. Means that whilst I am impatient for the development, if it hits a snag, it simply delays more cashflow rather than putting the company, or my % of holding at risk. I think we will see 15p within 12 months and 50p in three years.
Could be a real wealth creator this one over the next decade - all imho.
GLA
NtD