Member Info for Onetomany

When to sell is a difficult one. If you believe in a deal then you sell as soon as you have evaluated the deal announcement. That may be sell immediately on the spike, or may have better long term potential. If you are unsure of a deal happening (40% chance I’d guess) then sell on the next hype spike.

I wonder what happened to all those chartists talking of imminent 46p, 78p etc. I have never heard of any of them, there was a Zack one who also did I one of the poor videos asking Tim his own questions. Don’t think he’s credible but really interesting how those were hyped all over the web at the same time Tim was doing same.

This is what you want to watch for if you’re a non believer, this is your out. If you’re a believer then hold tight

H not showing but it was 7.584p, 100k. Now holding 1.7m.

There you go growth, another biggish buy in for 100k. Someone must be in the know ?

OK I’ll take another 100k now for fun

Is that big? I was contemplating adding another 100k but there’s me thinking it’s a small top up. This delusion on volume vs real investment may be at the core of the disappointment so many are feeling.

Bit of a serious allegation there bubbles. However not a bad idea to raise £2-3m if they reach, say 0.5p. With the debt consolidated and a clearer forward view on production potential then adding to the already decent cash pile would make sense. Flexibility to drill additional wells as they see fit and also to take advantage of the many acquisition targets their acquisition team have identified. It feels like a lottery to some but the narrative recently is positive and the sell off was way overdone imo. The lender terms will be key as, I am sure you will agree, production upside is an absolute definite.

I believe it started on or before the date of the announcement and the lower production reflects the daily downtime. They did say 10% which looks about right for a chunk of December. January 40% so expect to see same trend. Around3 weeks until complete then let’s see, I’m sure February will be volatile as they optimise again but we should get a clearer picture soon enough. It’s pretty certain to increase production, not sure how we will see reliability effects.

On finding WG posted wrong data, 29m is the total debt being refinanced and, again, this is likely to beat improved terms. The enhanced production and cash built up surely will more than service this and we have the GoA deal in the mix. Further I’m sure there will be a new well soon so there is all to play for.

I also expect an upwards rerate upon relisting, let’s just see these production rates and debt terms. Finally all of the legacy issues will be closed and we can look forward with much excitement.

I got where?

Roger maybe they have sold the lot. Today’s RNS is 3 weeks old data. I know everyone trying to spin this but it is very bad news imo.

Cause more data on the delays have become available?

You’d have to question why the ketan fella not going to the JP Morgan bash.

Morri I think you are on the wrong bus with that

Sold such a large holding because a) he needs the money urgently or b) knows what’s coming

Closing price 7.05p

Do you trust the major shareholder who has just dumped a massive amount ?

Yes we’ve been discussing that, are you not paying attention

Bubbles you are serious? You asked AI a question about a deal and you think there is credibility in the answer? You do know that AI can tell you facts from the past but can’t predict the future. No AI tool has watched Tim’s horror interviews.

I didn’t say anything about the price rookie. Stop the abusive posts please. You have to question why a majority shareholder would dump such a huge amount of shares a few weeks before the purported deal.

TR1 Rookie

What do they know that we don’t ?