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Always will see this reaction to delays on expected news. Traders leave but on the positive share go to investors who have a longer term goal so in the long run should help stability. Any price under 2p looks very good value to me with firm chances of a really good profit as long as you have a certain amount of patience!
We did ask and he said there have been a couple of minor issues so likely to see news by end of Q2
They confirmed one MM took all 100m shares and 4 institutions showed interest in taking then but the MM turned them down as confident could make more selling on open market. All have been sold finished about 2 weeks ago
All resolutions passed. Very positive meeting with good I formation shared. PFS update in 4-6 weeks
Royalty funding 3-5 months
All being well full funding package 9-12 months with production starting straight away following funding.
Well down the route with 7 tier 1 banks and 3 Brazillian banks
I am happy to pay £4000 for 1.75m shares assuming you have a share certificate to pass on payment. Please do let me know
Thanks Olly
Are you Zaza surely none apart from himself could possibly have such a high opinion of someone who has clearly stood up and lied and deceived us all. I want this to work out more than anyone bit your posts are nothing short of delusional and quite frankly make a mockery of how we as LTH in this company have been treated
This is about the COURT case and proving the company is not reliant on Outrider. Hope can now be paid off which will disrupt any defence that he may have been presenting. I suspect this will never be used as funding will come as part of a deal with BH or other major. Key point is RNS says nothing signed yet, so looks like leverage in COURT.
Generally does get followed by positive RNS. I think strike rate after this pattern is about 85% finger crossed we get the big one!!!
$56M payout works out at approximately .25p per share Quite nice if we pull this one off!
Have a proper job as well!
Therefore less than 20m shares freely available without major move up.
.442 for 10m
IG the point is this is such an illiquid market where tiny buys or sells can make large movements which do not reflect the real situation what so ever This is why on release of news movements of more than 50% in a day are very possible
FYI jist been quoted .54 to buy 20M shares so forget the 20% drop in value unless you think 20% of the company worth £100k
The Exxon staff were in a picture tweeted by FRR sometime ago (pictures of the drilling rig I think) Some super sleuth found the same man in a staff picture on Exxons website. The best thing is to calm down a stop panicing. Your frustration with normal AIM price movements will not help you earn money!
Why would we want another drilling company when we have BH MOU in place?
We have pictures of them onsite We have deal with Georgian goverment and Exxon in place We have FRR tweeting about the above We have Zaza mentioning Exxon in meeting I would be amazed if we are not headed for a deal with them. That is what I am invested for and I am happy to wait as long as it takes.
Sold out not long ago then bought back in. 2 weeks no news losing his cool. One would think AIM is not the best place for Aubree!
Think it has a lot more to do with someone selling 13.4 million in one go