Member Info for optimist13

Have been adding over the past few trading days.

With funds secured we only need a little bit of good news to get the share price moving up. The first stop should be the 10.00p conversion price for the unsecured loans. After that, it will depend on how well the new product releases are taken up by current and prospective customers.

Going straight to NT at the moment to buy.

Delayed buys are showing as sells, don't be fooled.

Yes....the figure is taken from the financial accounts. £48,895,000 to be exact

Apologies, the figures are shown in dollars, so should read £37600000 approx

Added a few more myself this morning.

Further news can't be far off now.....I hope

It is clearly a concern for the people in Mozambique who live in the area, but it is certainly not stopping the construction of the LNG facilities. This is old news, but a lot of money is being spent on security by the Government and Total:

https://www.total.com/media/news/communiques/total-signs-agreement-with-the-government-of-mozambique-regarding-the

Extract:
This new Memorandum of Understanding provides that a Joint Task Force shall ensure the security of Mozambique LNG project activities in Afungi site and across the broader area of operations of the project. Mozambique LNG shall provide logistic support to the Joint Task Force. The Government of Mozambique is committed that the Joint Task Force personnel shall act according to the Voluntary Principles on Security and Human Rights (VPSHR).

Lawrmyer, thanks. It has taken a long time, but we finally got there. Did sell a chunk of my shares earlier but still holding a fair few.

Just been offered 1.6p to sell 1m....news inbound I think.

MM's playing games again. I added another 1m at .00365 and it is not shown here. I suspect other trades have been missed also.

A little bit of patience should bring decent rewards here.

Having raised £1.32m with a conversion price of 10.00p, I see good value at the current share price.

The company has recently launched new products and expects to be cash flow positive by the first quarter of next year.

A minimum 6 month hold for me, but I expect to see an uplift in the share price when further contract wins are announced.

Considering the company floated in 2018 with a placing price of 79p, original stakeholders are sitting on large losses. The company has a lot to prove.

With news at any moment managed another buy at 0.406.....very tight spread at the moment.

With a current mkt cap of £5m versus net assets of £48m, I see this as a very good recovery stock once the refinancing deal is announced.

The company can't raise below 1.00p and as the new financing details could drop at anytime, I can't see it dropping from here.

It is only at this price because a significant holder sold down their stake. It would appear that they have now pretty much sold out judging by the recent RNS releases.

Time to buy IMHO.

MM's playing games. Just managed to buy another 1m at .407. It may well show as a sell....

The discussions have been ongoing since the end of July. But given the support they have received from local contractors and major shareholders, plus the positive statement on the recent job adverts regarding funding, I would think it is not far off.

Looks like the seller has cleared....not selling into the rise...

This should rocket once funding is confirmed.

Can now sell 1m at .38, but can't buy any at the current offer.....should be moving up soon.

Yes, I managed to buy a few more this morning. Now have a order in at the current offer price which has not been filled yet.

It showed as a sell but only because it was below the mid price. After that it went to NT

That was one of my 1m purchases...

I have been buying for the past 3 days. I can assure you , you could not buy at that price.