Member Info for Nova2020

Or they kept it quiet because they didn’t know the work over would be successful.

Difficult not to be negative about this Co. after some of their deals have sucked the value out of what they produce.

So around 28M shares for us and 217M for the instis, UKIB and Koreans. That’s quite some dilution for us.

Guess no other way to massively upscale.

Just hope eventually these dilutive big deals are really profitable so our investments will eventually pay off

They need to get involved with helium so they can inflate their egos, and salaries, and of course the balloons to keep this whole s*** show on the road

No comment about whether we can expect the 'written approval for the Proposed Transaction'

I guess they've really got no idea as it's subject to the whim of pen pushers

keep the faith - one day Rodders !

Yawn yawn yawn

Sounds great Paul Haywood - bring it on !

Be a b…dy miracle if you finally do and make us LT investors some return

All reads very well as you would expect

See a bit of a shortfall on the funding they’ve lined up, maybe they’ll offer the balance $2.5M to us lucky PI’s (he only thanks the strategic investors, not us lucky long term PI’s !)

Well Techi - I’m another one with not so many posts, and have also been in here over 10 years.

I didn’t read anything wrong into Bluesm post - indeed I’m in similar position as him. Also was in Hurricane and FRR and blood* Sirius.

I believed in all these companies and yet it does seem very odd that they all get bought out just before making fair returns for long term holders.

Indeed I was also in AMERisur who also sold out what seemed rather cheaply (after having spectacular drill success) with all the main directors securing long term future positions with the buyer

Sceptical ? I should say so !

I sure it's called 'Sod's Law' because I have Marstons and I don't have M&B

Agree and normally a good price to get more

But really I won’t as stock mkt just too weird now

Big drop yesterday - obvious leak of the small decline in op profit

Treading water now until the outlook for the building trade in general improves, and confidence returns to the market (will it ever ?)

You would think that if they needed batteries to store some of the excess energy it will no doubt produce on some days, that they would have already got them in place by now.

After all we’d all be paying for them through the wind levies imposed on us all through our bills.

I think we’ll get there eventually but not in UK first

So the ‘Scheme Shareholders’ have voted the deal through, but they are only 30 odd % of the total eligible voting shareholders. I’m not sure of the distinction, can you enlighten me ?

Do they still have to receive enough votes from the rest of us to reach what I think was originally 75% of eligible holders ?

"In a challenging macro environment, we have taken decisive action to manage costs and deliver immediate efficiencies"

I hope that salaries and bonuses have been a part of this management of costs.

Share some of the pain too until things improve ! (some chance)

I (stupidly ?) bought into this early last year, and losing a packet on paper.

It's lost over 30% in last 30 days, despite all the promising great increases in capacity.

Why ? Some down to the suspension which seems a bit of an amateurish mistake

Mostly it's sentiment - all the doubts about net zero, forcing us to buy overly expensive heating systems

and electric cars (which are currently being built quicker than they can be sold, even after discounting)

maybe move out of graphite and back into coal / oil & gas

Just got some more - seems a no-brainer at £1.23, but maybe get blocked again by Cinch

Rio Tinto out then, what have they seen to make things unviable

or maybe just couldn't work with Bo anymore

All very pretty colours but when will they find something worth digging out

Looks like ii are selling down lots of shares at the higher price since announcement.

No TR1’s so don’t know who’s buying them

Looking doubtful that the sale will proceed ?

See the drop occured on the 26th but the Interims were posted AM on 27th

is that a leaky ship (is that usual for this Co ?)

Quite a drop considering accounts look reasonable but i'm no expert

would appreciate others comments on it

guess debt refinancing not going well - higher interest rates

money generally leaving the markets nowadays - higher interest rates

Bug+++ - wish I'd never heard of this s+++ show in 2017

or Premier Oil, or Tullow, or UKOG