Member Info for partridge

" focus going forward will be on environmental industries and since then has made good progress in evaluating potential targets in this sector".

Whittling that list down. It is worrying that " environmental industries" rarely excites enough interest. Someone dreaming of a multibagger might be disappointed. Especially after waiting 12 months in suspension.

It is a " non-binding Letter of Intent" with conditions.

Good news. The suspension can go on for longer. Longer than six months. Waiting.

If I had the inclination to look on certain Twitter sites I might see a certain pump just before the dump. Mug punters apply. Are you scared yet. Just what the doctor ordered. The certainties here are low oil prices, little income and a cash raise before Sept 2020 to keep the company going. By that, I mean, enough money to pay salaries, bonuses and debt payments

The company raised £500,000 in October 2019 and followed that up in January 2020 with a raise of £420,000. Quite a burn rate. High salaries, large ambitions and small results. Can a company raise cash whilst the shares are suspended? I think it would help to pay salaries and keep the lights on it another cash raise could be squeezed in during April. Not too long to wait.

" a company you're adamant is de-listing". I can't remember writing that. I think the shares in the company will be suspended on May 4th. I think any deal is going to be hard to finalise before November 4th and raising further cash in the present climate will be very difficult. Especially when there is potential for rancour with your own broker. And I gladly admit to having plenty of time on my hands. It is what the country asks of us all.

Share Prophets reveal : "latest rumours on Ascent (AST), reveal that it is Novum Securities that has welshed on a £200,000 commitment ".

Things are getting tight. Novum Securities are the brokers here at Nuog. They will be involved when Nuog next raises cash. At Ascent Resources, Mr Parsons " intends to commence legal proceedings " because someone has welshed on a commitment of £200,000 in the latest fund raise there. Mr Parsons is executive chairman at Ascent. He is also a director and shareholder of C4 Energy. C4 Energy owns the debt at Nuog and parachuted two C4 Energy shareholders into Nuog to run the company. Now it appears Mr Parsons, a director of the company who owns Nuog, "intends to commence legal proceedings" against the broker of the company which Nuog relies on. Worrying, with the RTO struggling to land and suspension looming on 4th May for Nuog.

" Regency has executed a lock-in agreement with Red Rock Resources Plc ("RRR") covering the entire position (3,383,633 shares) currently held by RRR. Under the terms of this agreement 100% of these shares will be locked in through March 2020, 70% will be locked up through June 2020 and 40% of the total will be locked in through December 2020, at which time the agreement will expire".

Has the lock in been fair to shareholders of RRR? RRR were happily selling these puppies at 3p before the lock in. The share price is now 1p, a third of what they were getting. What have the shareholders of RRR gained from the lock in? What idiot agreed to this lock in on their behalf? I can see what RGM gained, or thought they were gaining, share price stability. Someone at RRR needs to ashamed.

Share Prophets reveal : "latest rumours on Ascent (AST), reveal that it is Novum Securities that has welshed on a £200,000 commitment ".

It would appear all you Ascent Resources shareholders have been naughty little boys and girls. How are these poor brokers going to raise cash if you don't buy these babies and pump the share price to extraordinary heights so the placees may dump their placing shares? Naughty, naughty, naughty.

This company is suffering from a lack of news, the coronavirus, the poor oil and gas price, no assets signed off, a need for a cash raise before September 2020, a poor deal to exit Italy, an overpaid management, high administration costs and a constant stream of sellers. Apart from that an unknown seller at an unknown broker has sold some shares.

Coronavirus and recession. Most nickel is used in the steel industry which is the first to fall back in a recession. This is little more than a zombie company for the next year or so. And when the economy does pick up it will not be a 50/50 partnership at Mambare. Where is that update? End of March, end of lock in. The nickel is staying in the ground. Make sure your money is staying in your bank account.

Apparently there was a seller of shares but I hear from someone in the city at a private client broker that he has disappeared. Yeah right. Is that a discretionary broker? Any confidentiality there? Certainly no privacy. Or trust. The truth is the seller has not disappeared. Someone on Twitter needs to sell these babies. A mug punter will do. Or do you really think you have the inside track? The pump and dump is on. I'll bet bags are involved.

CPR has been on the cusp of arriving for years. For what? It has little relevance to Coro and the share price. Perhaps someone should bang the drum of administration costs, expensive deals, and failed deals and a pending cash raise before September 2020. That is the reality. And the share price reflects that. Options anyone? Who deserves a bonus? Mug punters required.

I thought it was because one of your compatriots made a sick remark about me getting coronavirus, so the whole thread was removed. Shocking, yet needs must I presume. Personally, I would have preferred the post to remain as an epitaph for the desperation exhibited by shareholders on this board. Never come between a desperate shareholder and his next pump and dump.

Where has my post gone? I never get posts of others removed no matter how disgusting. It should be a warning to people looking in how desperate investors here are to get the naive to buy these shares.

" The Company is confident in its ability to close a reverse takeover transaction in this particular sector".

No date given as to when that confidence will be realised. This share drifts to suspension on May 4th. Tick tock. Is there the time or energy for another pump?

"Who makes the coronavirus test?
Mologic, a Bedfordshire company that produces pregnancy tests, was granted £1million by the Government to develop the coronavirus test.

SureScreen, a Derby firm, has created a finger-prick test which they say takes 10 minutes to return a result and is 98 per cent accurate. The tests are reportedly being used by private companies a number of European countries".

https://news.google.com/articles/CAIiEO_A6DNDYhH576g-jSOjSy0qFggEKg4IACoGCAowm6R6MMKqCTCfrxU?hl=en-GB&gl=GB&ceid=GB%3Aen

This is the 10 minute test being highlighted on Sky

https://www.surescreen.com/products/covid-19-coronavirus-rapid-test-cassette

Great news. All that lovely oil. But if the company is receiving so much revenue why are they asking for debt restructure? Mainly because the income is minimal at today's prices. Overheads swamp any revenue at Echo. And cost will not be reduced enough to stem the decline in cash. The company is scraping the bottom of the barrel. The debt holders are taking any value out of the company and will continue to do so. The company is set up for the benefit of the debt holders. A cash raise would be on the cards but it appears there is little appetite. Be careful.

" We expect Ascent will benefit from a counter cyclical early mover advantage as one of the few active foreign independent E&P companies in the region".

Same old tired same old. Of course Ascent will have first mover advantage. With its huge £485,000 cash pile. That it just managed to raise. Just. None of that money will go to salaries. To bonuses. The shame of the RNS is that there was no recognition of the coronavirus and saving money. No, Mr Parsons will pay himself well. He deserves it. He can be largesse itself. It's only your money.

Another day, another day nearer to suspension. Time to pump up the tyres on that dumpster truck. Hardly enough time for one final pump and dump. That proactive "Jay" video was worrying. The need for air time. Management didn't come over very good. Do they have any idea of what they're dong? I presume they will pay themselves well while suspended. It's your money. It is going to be theirs. Will one dumpster truck be big enough for all those new shares?