Member Info for Not2sure

What is even more laughable is knowing all of that and holding any of these shares !

On the other side of the coin New it could be argued that by not divulging the stuck tool info at the time CH would not have raised the £1.5 m at 1.66p and we would have had greater dilution so maybe you should be thanking him lol

sorry was mean't to say we are in a similar position Solgold found themselves in before the initial injection of capital from Maxit Capital

Just my opinion but at this juncture I really do believe it is all about the money..I got shot down a little bit the last time when I dared suggest that they would need to raise so close to the previous time but the last raise topped up the coffers for the time being..not as much as the BOD may have wanted but in the current climate very satisfactory and at not much discount to the sp at the time..I believe it is a very similar position Solgold found themselves in and I may have said previously that people could not understand when they kept reporting good grades but the sp could not sustain any rise and that was all down to funding so it is slightly inevitable when a corporate deal is announced whether that be this year or next but that time is getting ever closer we will shoot up and not by 1 or 2 p..not a recommendation to buy but just my thoughts on how this may play out..in the meanwhile we have big shareholders that would support if need be or alternatively although a little more costly to arrange but the knowledge a rights issue would be very well supported by private shareholders who have not taken part in the previous raises

April 1

Smokinjoe..mms do what it says on the tin..they make a market ..they are guided by the orders and set the price accordingly and basic supply and demand comes into play..most mms probably do not have a clue about the day to day running of the companies they deal in

I would be the first to agree that the situation at the moment is very frustrating and personally I do think some of this delay is by design..one thing though I think it is fair to say that TE 10 early results are a lot more conclusive than TE 8..it is the final result that we want to be very different

New.. work out the number of shares issued and multiply that by 0.35 and you will get £750000..that is GROSS proceeds ..the difference between that and what AST actually gets in its coffers is what the institutions pocket..comprendi ?

Lol !

Doh New are you really that naive ? AST pay the institution a fee for them to subscribe for the shares so that was a quick turn around for them selling what they paid for them and pocketing the fee..surely you are familiar with the workings of the markets and commenting on discussion boards..without that basic knowledge perhaps you should not be ?

Unless of course they are confident TE 10 will flow and planning everything around that scenario ..or is that just plain wishful thinking ?

What is so difficult to understand..AST do a private placing at 0.35p .. a few institutions subscribe and get paid a fee for doing so..one of them if not all offload those shares with the help of mms to get their money back and trouser the fee..it is what makes the world go round and happens on the markets day in and out

Of course they would have received a fee for subscribing for those shares

I hold my hands up and admit I was one of those impatient pis who emailed JP last week to ask if the CT was on site..response was we are not giving commentary on operations at TE 10 needless to say price sensitive info would be Rns..however this approach had been flagged up to investors previously ..so hopefully you are right Crude and all part of the bigger plan

I thought it had only been going 5 minutes , in Fylde that is ..permission granted in 2017 I think

to note in this country Natascha Engel has thrown in the towel as fracking commissioner ( actually not her real title I think it is commissioner for shale gas ) in protest at Ministers more likely to listen to tree huggers who are likely to cause more harm to the enviroment at least in the short term rather than allow fracking under a little more relaxed but perfectly safe practice..finally someone with sense but I doubt it will make much difference

I agree Toro with the points you make and with ref to VM and the distance and road link it is no different to NM and Solgold pointing out all the benefits of the existing infrastructure in place and the economic advantage that provides either to IRR or anyone else that gets involved..I think the market as far as IRR is concerned is awaiting developments on some of these future financing arrangements which is where the likes of Assore and Sumitomo may just take a bigger role than they already have

I have emailed JP just to ask if CT is on site as I do not think it unreasonable to know that

over 3 weeks ago that we were advised that pre stimulation and stimulated flow tests would not begin until coiled tubing was on site..stalling or not I think an update on that progress at least would be in order

many to note in report..the company is now well advanced in the execution of its Moroccan strategy which includes early options for monetisation