Member Info for Oultonmike

Well that made me a smile. Good luck Mog

Proposed placing to raise £6 -£7.8 million. Raised £9.5 million.
The ii wanted these badly. I imagine they have profit sell levels. Sell so many easy 5%. When they are done move upwards 10%/20%/30%++ hold for spud and party.

Great to see these size sells going through and the sp not going below 2p. Easy money for the ii.
Once the placing shares are cleared we will rise like we did in January. The only difference is we have cash instead of cln dilution.
Soon be 5p again gla

Quite right. I keep forgetting about cerp assets!
1.5p?

The circuit my friend

Share price 2.2p
33% chance of oil
Possible 10 bagger or loose 50% sp 1p
I'm in.

The Company intends to broaden the SIP Scheme to international employees over time subject to local regulations. Further announcements will be made in due course.

Recent director buy gives me confidence.
Gla

Im happy with the dilution to fund ourselves. If I wasn't I would sell up and wish everyone good luck.
Whats your position here? If you don't mind me asking.

Krapp
Maybe the majors wanted to high a percentage. Therefore no deal.

Brynjon. I had heard and agree with Donalds post. They are selling the shares now

I believe the ii already have shares so start selling those. I'm guessing.
Gla

Srdoddy. Are you a scouser or Aussie mate?

Thanks for your replies. I know not to go off the lse site here for numbers.
So would guess the flipped shares are making 5% ish for the ii at the moment. Guess they will hold back if sp drops below 2p.
Hope you're feeling better soon Donald.Trump

The faster the shortage the better. I don't think it's happening as quickly as we would like unfortunately.

levels is level 2 predictive text

I've often considered getting levels but been put off by posters saying it's poor.
I'm trying to get an angle on how quickly the new shares will be churned. I've taken more myself as I thought we won't see these levels again now funding in the bank.
Does anyone wish to share their thoughts/ figures. Hope this doesn't start a fight but feel sure it will.
Would be very interested to hear from our Starchild.
Thanks Mike

1.44 billion will do. Long day I didn’t pay enough attention.

If we find 500 billion barrels the share price will be high and a raise to fund extraction could be done at the higher sp. Yes please

I am also Starchild