Mike Ralston, CEO of Blencowe Resources, explains the significance of the MSP for Orom-Cross. Watch the interview here.
Enuf said, Dusty plays the man and not the ball and dominates this board, pointless trying to engage with him or anyone else when does nothing but reduce postings to personal attacks.
Because he knows I'm right, that his mindset is not only creating a one-sided narrative on repeat, it's not allowing positive avenues of conversation going forward.
It's a problem for him, that I don't agree that things should be kept with an open mind
Hi Laura,
"The fact remains that negative posters have been rightfully angry with BOD..I've stated that last week!!
But people either pick up the phone and ring then or sell"
That's what has been happening for month after month after month.....people had enough and sold it down, the last placing at 9p was the final straw for many I think, then if fell to just 3p......the recent recovery doesn't have anything behind it other than people buying into a bombed SP, unless you know different of course?
Electric Guitar (ELEG), the digital marketing and advertising company providing first-party data solutions, announced that its subsidiary, 3radical Limited has successfully deployed its Voco platform with Near Field Communication (NFC) technology for the first time. ELEG said it was excited to see 3radical’s continued innovation in bringing real-world experiences into the digital realm. This first use of NFC technology at Grand Designs Live demonstrates the effectiveness of its strategy to combine online and offline data collection methods, ensuring businesses gain real-time, actionable insights to drive better customer engagement.
Comment: After a somewhat shaky start in share price terms, few can argue that ELEG is certainly firing on all cylinders as far as the newsflow is concerned. The real world application of 3radical is particularly pleasing
Oh Dusty,
How the world has changed for you, few weeks ago at 3p it was resigned to your fate etc etc. Now all is well and us posters who are not in the happy clappy brigade are negaive, pessimistic, disgruntled blah blah blah.
Flip the coin, that makes you a Bull Sh** ramper trying to sell this to others knowing that it is a financial basket case with the one of the worst CEOs and FDs on AIM. Total shareholder destruction in terms of the share price and one placing after another and another.
Guess you are happy now you've started this little war again with your ridiculous postings going all personal.
No doubt your next comment will be the usual accusations of bullying by others and you will never give in etc etc.....
Same Old Same Old
I Concur V,
The historic accounts would in no way whatsoever reflect the business going forwards.
"It is hardly surprising that the accounts are being withheld . IF they were to release the accounts and the stock was relisted they might well be creating a false market in a Company that has radically changed its structure ."
Oh hang on...so now we are liars are we? Do you really want to go there now?
"I prefer his posts, things I cam actually chomp my teeth into and really look into, than anything you lot have suggested these past 6 months. As none of yours, has been true,"
I can assure you that Laura is 100% not Burrows daughter!
As for the rest, this is a discussion board to air all the pros and cons. I know you don't like it and can easily fall out with others you don't agree with here and elsewhere.
Fwiw I think you got very lucky with the price improvement here from 3p levels on little more than bottom fishers looking for a quick buck pay off.
Still waiting for Burrows to deliver on test volume data that he promised, that the only data that actually matters here.
Hmmm......quite amazing a brand new poster with zero history on LSE or OBD suddenly appears with what appears to be a tonne of information that no one has ever seen or mentioned here or elsewhere to date.
How and why raises some issues for me, timing is especially interesting considering Burrows has previously committed to updating shareholders on test volumes to end of September 2024. It's not exactly hard to to add up the numbers so why hasn't Burrows published what he promised? This new poster and his extremely detailed assessments has popped up at a very convenient time.
Caveat Emptor
Share dealing vs spread betting in practice?
We’ve covered some essential differences between spread betting and share dealing. Now, let’s take a look at share dealing and spread betting in practice. We will examine four key aspects: margin, cost, shorting, and what you can trade.
Margin
When you use margin to spread bet shares, you won’t need to invest the entire value of a share upfront. This is due to leverage, where you only need to deposit a small amount of capital to open a position at full value.
Let’s say you are looking to open a trade on Vodafone worth £2000, and your broker has a margin requirement of 20%. Now, because of the margin, you won’t need the full £2000 in your account; you’ll only need £400 in your account to open the position.
Now, with share dealing, if you want to open the same position on Vodafone, you’d need the full amount of £2000, plus commission and other costs, as you are taking ownership of the stock.
In both cases, the profits or losses that can occur will be calculated based on the total value of £2000.
As you can see, with spread betting, your potential profits can be magnified with margin, but so can your losses.
Something aint right here. Moves down far too easily on FA trading each day, every day. Feels like SB companies etc are influencing the price movements far more than genuine trades in the actual market place. Makes me think that traders put in plenty of SB BUYS in the 20s and have had to open SB SELLS since to try recover their losses. Nothing else makes any sense to me any more on this share which should be trading far far higher than this. Manipulation at its worst I have seen anywhere on AIM.
For the avoidance of any doubt re Nobel Peteroleum Ownership
Company Information
Pennpetro Energy Plc is an independent oil and gas company. The Company acts as a holding company and provides direction and other services to its subsidiaries. The principal activity of the Company’s subsidiaries are onshore oil and gas exploration and production in the United States. The Company has a 50/50 joint venture focused on gas and lithium exploration with partner Globalvision International U. LDA. Its subsidiaries include Pennpetro USA Corp., Nobel Petroleum LLC, Nobel Petroleum UK Limited, Pennpetro Greentec UK Limited, and others.
Hi Stuart,
Does make one think about how PPP can exploit this, both near term (ie if they need to farm someone in for a cash payment perhaps to address any near term financing) and medium term for a valuable revenue stream going forwards.
Hi Stuart,
Fascinating read, thanks for sharing. One extract caught my eye:
By then, drillers were looking for lithium in the Smackover. Galvanic Energy, an Oklahoma City company, acquired 120,000 acres of leases in Arkansas. Its CEO publicly worried: Could the lithium “be brought to market without destroying the pristine landscape of this beautiful, forested land?” To demonstrate that it could get to the metal with minimal disruption to the environment, Galvanic teamed with Burba in 2022. It was an opportunity to showcase his modular technology.
“Obviously, the first time you run anything through it, you’re a little nervous,” Layton told me. “I never doubted for one minute it was going to work. I just wasn’t one hundred percent sure how well it was going to work.” The results exceeded everyone’s expectations. An independent test later showed that Burba’s system recovered 97 percent of the lithium from the brine.
Exxon acquired mineral leases to Galvanic’s 120,000 acres for about $100 million, and Reuters has reported that the oil giant is considering using Burba’s DLE at the heart of its operations. (Burba’s company plans to provide its extraction technology to miners.) Houston-based SLB is looking to get into lithium extraction, as are Saudi Arabia’s Aramco and the Abu Dhabi National Oil Company. A half dozen lithium-mining outfits are leasing land in northeast Texas’s Bowie, Cass, Franklin, Morris, and Titus counties.
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