Member Info for NewKOTB

Down 7.5% (10pts), on nothing !!!

Receipts are one thing, OpEx and expenses are another.

Works ends March, payment due !

Also, Optimum and LEKOIL have agreed the final payment of US$9.6 million to Optimum which covers sunk costs and consent fees as follows:

· The sum of US$2.0 million to be paid on or before 20 March 2020.

· The sum of US$7.6 million to be paid on or before 2 May 2020."

You forget, this was arranged and signed off on the assumption of that LEKOIL had secured US$184 million winging their way into their account..... now the scam has put an end to the US$184 million, but the payment for the works will still need to be paid by LEK who have next to no cash and debts that need to be paid that exceed their current CoH.

DD required all day long here.

circa 2.85p ...

So we still have a gap at 2.85p !

Fair enough, my charts only shows a gap at 1 minute intervals, from 2 minutes on, no gap, so not sure who's is correct or not in this case !!

BTW, 1 minute intervals I do not count as gaps, unless you are trading FTSE or such like !

I see you are looking at this going lower, is this correct ?

atb

atb

So, invester2015, you have clearly read my last post ..... still waiting on the facts of this 'gap'

Check the charts yourself, tell me where and when and how long this gap is and I will congratulate you, otherwise stop peddling false information.

PS : See you called in your sidekick ramper for support now !!! lol

lol, you really are trying hard ...

Intra-day RNS made sure there was NO daily gap up yesterday ..... Tue, 21st Jan 2020 14:29

There was NO daily gap yesterday ..... !!!

This will go lower as traders leave knowing they backed a donkey.

Although, they will probably be back ramping at circa 2.4p imo

DD required here all day long.

"Funding extension" lol

No, deferred debt payment is what I call it ;

"As previously announced, pursuant to the Cost Recovery and Sharing Agreement, LEKOIL was required to pay a portion of Optimum's sunk costs and consent fees (previously estimated at US$10.0 million) as well as provide evidence of its ability to fund 42.86 per cent. of the costs and expenses for the drilling of the first appraisal well during February 2020 (estimated at a further US$28 million).

Optimum and LEKOIL have agreed the final payment of US$9.6 million to Optimum which covers sunk costs and consent fees as follows:

· The sum of US$2.0 million to be paid on or before 20 March 2020.

· The sum of US$7.6 million to be paid on or before 2 May 2020."

Without news, good chance of a double bottom before then imo ..... circa 2.36p

DD required with LEK before investing imo

Being on Main market would deter these relentless BoT 'A' trades too imo, greater regulation and accountability. Too easily to manipulate the SP and strangely, appears to become easier as the months pass by.

atm, SQZ market is totally false and controlled daily by the BoT, this has to stop. With >90% of daily trades 'A' , these would be investigated should we move to the main market.

DOWN 6% now .... has to be a reason behind this ....

We have ADDED 50% INCREASE in our BKR PSA ( for free) got Erskine back up and running, NO DEBT, over $125m CoH, shown astounding financial results, yet our SP is still that of NOV 2018 !!!

Down -10% in days .... this has to be manipulation on low volumes. !!!

Almost back to pre-results RNS last week .... and what fantastic results they were too .... we are adding approx $10m per MONTH to our cash on hand atm..... starting to become really ridiculous the lack of sp traction here ....

Upomega .... starting to think your theory of a t/o is worryingly, more likely as days go by.

atb

Upomega,

That it does too, but it also could be argued that the SP is being 'controlled' to allow a merger to occur.

Either way, I have more than enough ..... Its been constant thorn for over two years now, ever since BKR

Upomega,

You are overlooking the real fact we are already trading WELL below where we should be ........ all due to our resident BoT imo.

We should easily be trading in the 140-170p range particularly after the latest EoY RNS.

ATB

Think the market is working on the assumption of a massive placing to raise cash by end of month atm imo.