Member Info for Nicks1981

$140k? Have you seen other trades somewhere?

I’m expecting news this week on tranche 1 of the 21m share subscription agreement

Remember the terms:

Not below the closing bid price from the previous trading day on the Aquis Stock Exchange

· Not a volume that exceeds 20% of the current trading day

· Shard shall use reasonable endeavours to place a first tranche of 7 million new Ordinary Shares within 1 month from signing of the Subscription Agreement and, for each tranche of new Ordinary Shares thereafter, within 3 months from subscribing for them

So even when the share price came off aggressively, shard were unable to buy.

So the first time they were buying was possibly 30th June, then 2nd July. And no more than the 20% of the previous days volume.

So the min price will be over £2. Average price will be at least £2.50 which supports the current price. And capital raise was around £3 too

Could be a good week

He has actually “stiffed” himself by wiping out 75% of the debt and interest. Imagine waiving over €20m in debt and interest for some shares in a £5m Mcap company - or does he expect to make it all back?

So did they wipe off 75% of the debt and convert the rest to shares so that they were aligned with shareholders at COPL too?

Or was it just the fact that COPL had shockingly back terms on their hedging agreements whereby the more oil they produced the worse the deficit

CORO is a renewables company with mega contracts in place and all of it is underpinned by a mega gas contract which will deliver big rewards in the future. It’s a totally different proposition to COPL and I expect the SP to recover relatively quickly

Https://x.com/davidburton1971/status/1889582498159407559?s=46&t=rXXwbKnHI02h5okyZmoFyA

Https://x.com/apathnottaken/status/1884523392633549289?s=46&t=rXXwbKnHI02h5okyZmoFyA

Hence positive movement

Waiting for formal RNS

Nomad checks everything rigorously. They won’t even allow words to be used that could sound too positive or bullish

If there is a linked JV deal as well, they adds more complexity to the RNS

Wouldn’t it be good to surprise these posters with a funding deal.

Let’s not forget Namibia, South Africa etc - opportunities for JV on these too

GBP close to finalising their Namibian deal too which should have an indirect positive effect on TRP as our Namibian asset is much larger

I said procured - just as the RNS stated

The warehouse is full because they have procured 20,000m3 of wood and boosted supply to make sure they are fully stocked to maintain revenue. It’s in the RNS

They are also installing more equipment to process a lot more wood.

Read the RNS

I was wrong re thunderstone

It’s white flame’s asset (previously called Greenland Gas & Oil). Half the bluejay board own WF. They own Jameson land licences for hydro carbons. It’s next door to Pulsars Liverpool land. ARCO did lots of work in 1985/86 I believe. Found up to 3.3bn barrels oil - helium is a by product. I believe their recorded helium concentrations were around 2%, which against the market average of 0.3% (pulsars stats) is very favourable.

Let’s see.

Thats a logical licence because exploration is now banned for hydrocarbons unless you have a live licence - which WF do.

I have done a bit of research in to helium assets and the asset known to have helium (other than pulsars)is right next to thunderstone. Official journals and research notes report it as consistently recording >2% concentration for as long as 100 years worth of data

https://x.com/apathnottaken/status/1791186106257399856?s=46&t=rXXwbKnHI02h5okyZmoFyA

https://x.com/apathnottaken/status/1791369097407533532?s=46&t=rXXwbKnHI02h5okyZmoFyA

Tamer

https://x.com/apathnottaken/status/1760184929889960189?s=46&t=rXXwbKnHI02h5okyZmoFyA

BHP investing / JV / farm in on exploration assets

Interesting!

I think we could see a sharp correction here…they maintained “This transaction remains subject to finalizing and executing an Extinguishment Agreement, which is expected to occur before 21 October 2022”

Met coal is >$400/t

Total costs $30/t incl transport - maybe $50/t now

We only need to sell 6500 tonnes of net coal to pay for the modular coke plant!

Why would we need to place?

So illogical

Also have multiple interested parties for the gold asset - Kalana sold for $120m when gold was $1500/oz

We could easily attract significant cash for farm in or sale

Posters on her never read RNS’

This is what Lucan said:

“ The present gas price forward curve shows very high average prices of over 400 pence per therm for 2022.

In fact, gross production, of which we have a 51% share, solely from the existing wells and which is wholly unhedged for the month of June, is expected to yield 1.5 million therms or gross revenue of £7.2 million at today's forward price for that month alone”

Now go and look at Nat Gas price (not UK Nat Gas) was

It had been bouncing between $4.35 and $5.13 on the JUNE FUTURES

Which what he based his comments on

CEO also said £7.25m per month revenue when gas was $4.5/therm or £3.5/therm. It’s now £4.85/therm

Bearing in mind the CEO said debt totally cleared by year end, pretty sure your calcs are wrong

Also Angs own 51%, so how do they receive less than mercuria?

Some of the posters on here would make good case studies for psychology graduates

If you are not shorters, then your proof that some people would prefer to wish so hard and do whatever they can to see a co fail just to prove themselves right when they say the co is poor. Alternatively rather than taking responsibility for their own trading decisions, not managing risk effectively, they live in a perpetual cycle of blame

Either way, Matt has survived the biggest economic shock in 100 years compounded by a negative oil price environment AND almost zero demand and still managed to go in to production, with a second well flowing as we speak

Great year for NTOG, live in the present and the present is looking very good

I reckon it has something to do with elephant oil ie JV. EO ipo (& capital raise) was delayed until September, now mid April. Wouldn’t be surprised to see Tunisia suddenly speed up once EO lists