Member Info for nomlungu

To put ocelot's post into context:

'Russian oil producers pumped 46.53 million tons of crude'

At 100 barrels of oil a day, UKOG would have produced 420 tonnes in Jan. That is 0.0000910583153% of what the Russians produced.

Did they lie about the snow? 'Cool Photos Show Lifestyle Of Swedish Youth In The Early 1970s'

https://designyoutrust.com/2022/01/cool-photos-show-lifestyle-of-swedish-youth-in-the-early-1970s/

Looks like Adrian has decided that opening a CFD is the way to recoup the losses he is sitting on from going long at 0.18p.

It might be worth UKOG suing him for slander; it could be a better way to raise funds than issuing more shares.

Same with LSE; if they need to employ Admin staff to weed out repeated abusers of their systems, they should consider suing those abusers to recover the costs they cause to be incurred.

'Brits can reclaim the right to work the longest hours in Europe, until they reach the highest retirement age in Europe'

I was working 21 hours 36 minutes a week when I retired at 47; having to work to pay GOV taxes sucks.

I would be satisfied with an honest PM trusted by the international community... Instead, we have a liar hiding behind Parliamentary immunity to slander Starmer.

When the accounts came out I did not read them but had a look after Zam's comments about the options. I found a potentially nasty surprise:

"Redcorp currently owns 85% of the Lagoa Salgada project and signed an agreement in June 2017 with Empresa Desenvolvimento Mineiro SA (EDM), a Portuguese State-owned company to re-purchase the remaining 15% of the project resulting in a 100% ownership of the project. The 2017 agreement was subject to the Portuguese Secretary of State’s approval which has not yet been received. Redcorp and Mineral & Financial continue to explore ways and means to complete the purchase. M&FI has granted Ascendant conditional options that would enable Ascendant to have a net 80% interest in the Project if the company is unsuccessful in re-acquiring EDM’s interest within a still to be determined period after the completion of the Feasibility Study."

So, if Redcorp do not get the 15% from the Portuguese GOV then MAFL end up with just 5%? This does not seem to tally with previous expectations and would erase a large portion of the potential uplift.

ANY THOUGHTS?????????????

Now the subject is correct... does ocelot just ignore the thread? As Ibug commented:

"But still has Allen D Howard as Non-Executive Chairman and Kiran Morzaria as Finance Director and no mention of Matt Gormley as the Company's Chief Financial Officer. Yep. Really sharp."

There is a legal requirement for this info to be up to date

So the rest of the website containing out of date info is just fine in your world? This company deserves criticism; people like you who post as though the company is one of the few "AIM Darlings" do it no favour. If it cannot get small things right, it does not give some people confidence that the Big things will go well... you know; like actually making money out of producing oil instead of paying bills by issuing more shares.

Happy with that... Also, seeing Chris Richards in there [as opposed to in the UK on his farm?] gives a bit of info that Covid interruptions are slowly becoming history. There is scope for PHC so be generating significant free cash flow in years to come.

mick-b,

PHC announced an EPA application for their Nematode [roundworms, some of which eat root balls] product yesterday. As I am suspicious, I was a little concerned they were whitewashing poor results due the next day, but the results are as expected.

Honest management are not always that easy to find.

28% increase in turnover, 3% increase in GP and favourable working cash movements.

Mr Market might like; certainly deserves a rise today.

Most satisfactory; an improvement in GP% as hoped; hopefully the increase is sustainable as less worthy competition has seen significant price increases.

"Gross margin expanded 300 basis points to 59% (2020: 56%)."

This should rise a bit today?

Levelling up?

https://12ft.io/proxy?q=https%3A%2F%2Fwww.ft.com%2Fcontent%2F84020f49-0b90-4fe5-93be-e0f069c88afe

They say if it sounds too good to be true...

"By investing your cash to capture discounts, you can earn risk-free returns that are much higher than traditional investments, a valuable asset that gives a competitive advantage. Investors achieve a very attractive return on cash of up to 36.7%."

Risk-free 36.7% return? Yeah, right...

Rightback / oldbaldy,

Article from a few days ago in MIT Tech News:

"Going bald? Lab-grown hair cells could be on the way; These biotech companies are reprogramming cells to treat baldness, but it’s still early days."

https://www.technologyreview.com/2022/01/18/1043751/bald-lab-grown-hair-cells

kenny,

They announced they are going to do a discounted placing and open offer - taking place in the open offer may be a quick flip for rent. Too many shareholders do not have Primary Bid accounts and open offers with high demand on that platform sell out quickly. Remember, open offer means punters who do not own shares can buy...

VANL did a presentation this afternoon on their interim results - one thing repeated a couple of times is concrete price inflation as well as lack of availability. Concrete sellers should be minting it; improved margins and demand for full capacity?

BREE?

Worth a read if you might have interests there:

https://www.thedailybeast.com/wagner-group-accused-of-killing-70-at-mine-in-aigbado-central-african-republic?ref=home?ref=home?ref=home

ODX was once a pharma "darling" and still has a very busy chat board. Shares are down 22% today after a leak - the company has said that they are in discussions about a placing and that the placing will be at a discount and will include an open offer (I presume via Primary Bid] which is likely to be oversubscribed.

Surely an opportunity for a quick 12% profit if you have a Primary Bid account and some hot money to sweat?

PHC announce EPA product registration submission for their nematode control product. Marketable yield in field trials of peppers has shown an increase of over a tonne per acre; about 5% on a healthy field?

First sales are expected late next year for the 2023/24 planting season; there is an expectation of sales of "tens of millions of dollars over the long-term" on a product with a gross profit of around 70% and a company which has relatively fixed operating costs. After tax, cash profit from this product alone could be worth more than half the current m/cap.