Member Info for Onetomany

@span I think it is best stick to IMM, I have been trying to advise everyone of this over the last few days but for whatever reason some can’t help themselves and resort to abuse and off topic. It is best for everyone to abide by LSE rules as a starting point whilst also being cognisant of the implications of our actions.

I am sure this board can be a great space for debate. As I do always, let’s make it objective and civil and if we disagree then so be it.

Looking forward to it.

I’ve been saying exactly this for the last 2 weeks Jen. What surprises me is that they RNS about a website upgrade and attending a conference yet they can’t give a progressive update on critical talks. It is very easy for them to do so without compromising anything. Begs the question why?

Maybe it will come, be good timing to see one tomorrow

In addition to this, I feel a really important change was highlighted from the September interviews to the delay interviews. Don’t quote me on the verbatim as I don’t plan to listen to all of them again but the narrative was very much …

September - deal or deals by end of the year. In one interview I think repeated 3 times and stated any time from ‘NOW’ until end of the year. So Tim implied that a deal could be done as early as first week of September. That clearly gives on the impression that they have a clean case and can expect a deal any time.

Delay time - Tim went to great lengths to explain how complex these deals are and how they take time. Commercial, technical etc. Well that is a completely different message to give to the market is it not ?

Once again, I am not implying anything, only stating facts around the change in demeanour, language , tone. This doesn’t sit comfortably with me but it may just have been over excitement. All eyes on the next few months.

I have reviewed again some of the narrative and the change is very clear. You go back to September and Tim was quite clear about Pharmas had come back to the table (with one of the chuckles). I ‘think’ he also mentioned in one interview that hey were rushing back. If you then go to the ‘delay’ interview he is very clear when he comments on Pharma’s that ‘they reached out’.

I know this is minutiae but there are many examples of changes in tone, narrative, language…. I think we need to be mindful of this and asking why. Were they just overzealous at the beginning, due to their excitement? Or is it that things are going very differently to their expectations and hopes? It could be either but you have to be concerned and it is important to focus on the detail.

Fingers crossed they can still come through this .

True

@BP but we are where we are and what is important is the here and now. You always get upset about the past. The war is over, let’s look forward. Things about to get very interesting soon I think

@cthed I would prefer you stick to discussing IMM on here. I am losing the will to live with some of the nonsense people are posting. Literally 80% of the posts last night and today were at or about me prior to being removed. There are so many thins that we can get angry and obsessed about, surely not someone posting solid and objective opinions and debate on IMM’s recent past and possible future. That, after all, is what this is aol about is it not?

Anyway I am almost becoming as bad by debating. IMM only and I am sure we will see things cleaned up.

Why the big dumping

@WG, he can’t live without me so let him be. I’ll keep the oxygen flowing here until we get the deal terms announced. I have a hunch that this is delayed as they are waiting for the final well work over results. I know that might sounds far fetched but it does make sense to the preferential terms of a deal.

As you wish cthed, I was merely trying to have a sensible discussion on opposing views. It is truly not my fault that some people react with such intense anger to contrarian views, you have never and will never see such behaviour from me. I will leave it to your opinion on why others have ceased to engage, indeed I don’t recall much engagement in balanced and civil debate.

Best of luck for now regardless.

Exactly ocelot all is in hand and seems to be going well. Of course they have built quite a bit of cash since March last year. A full 12 months of income with no specific outlays other than standards costs, which they have stated they are managing carefully. Even if the work over is £1-2m then they still ought to have quite a surplus. It is all guesswork of course but logically they are in a strong position.

*happy to debate it. Typo

Apply to debate it cthed, what would the rationale be for believing a deal will be soon ?

Yeah I agree it is holding well Morri, but for how long? If you are in for the long game then it matters not, but I do think you will be able to add at lower prices. I personally believe we are bit away, time wise, from a deal being announced.

Can’t get any price to sell online with ii. Was looking to switch in to 80mile

I’m still on the sidelines, haven’t had time to research it since it was tipped yesterday. Sorry for being lazy but what are the short term objective expectations ?

@WG I think they’ve already got enough cash to drill one new well. Total debt is less than £30m and cashflow going crazy high. I struggle to see anything negative. Current production extrapolates to 2.5m per day based on their RNS, and they haven’t finished cleaning up. In singing it hits 3m? Truly transformational.

Very little interest still and all small trades. Largest £19k which was a sell. This needs some big players to invest, I think small PI’s are exhausted now so it’s hard to see where momentum will come from.

Now would be a very good time for Tim to surprise us with a deal announcement.

@cthed was your reply genuine advice or derision? What I was asking for in my post was advice, not an attack. Seems like you wanted proof of my holding which I’m happy to share. It’s modest after all.

@cthed have I not said multiple times that I believe there is a good chance of a deal and by my estimates this could be worth 20p per share, possible even a bit more. That’s a 200% increase on today’s price in 6 months, if my estimate is correct. And you’re asking me why don’t I just sell now ?