Member Info for pawnsacrifice

Not sure the regulators will do much. Isn't their creed to maintain an "orderly market" rather than a particularly legal one?

They have a twitter acct but don't use it that much. Agree a few pics of the camp would be good.
They could learn from some of the small oilies there.
Perhaps a few requests on the twitter acct itself would be good?
https://twitter.com/contangoplc?lang=en

Not a big holder here but will still take the time to vote for the incumbents.
If they'd had a requisition to state the shares for salary should stop going forwards I'd vote for that but as a relative newbie here that's about all.

So they could well be surplus to requirements and one of the complaints of the Jersey lot?

That'd be handy, would be good to have an update on the GM if there's to be one.
Missed the cementing pics on twitter looks like they're on track at least.

Market reacting to the dip in revenue? If they're right about the growth going forward they're interesting imho.

Their PR co. emailed me yesterday after the update and they were sure there would be a "comprehensive update on Lubu in the coming weeks" which sounds promising but caveat is they're the pr co. not the co. itself so take it as provisional.

Totally agree, very happy with the way they're proving up their resources and production still on track too.
Still on target for an end of year 30K/yr producer which after todays RNS looks to have well over 2m oz's being proved up. Don't mind patiently waiting for the market to catch on here should be worth it and then there's the coking coal and updates to come on that...
Great little stock to hold imho.

Thanks fireman/croxie appreciated,

Apologies croxie. Are they bleeding cash in trin? That would explain a lot.

Agree its nice to know they're on track market can buy in when its ready.

from their twitter acct..
"Pleased to announce conditional placing of 26M new shares to raise £1.3M. Placing was significantly oversubscribed & utilises existing headroom shares. Proceeds will be used to rapidly build upon safe & successful MOU-1 drilling campaign #PRD"

I'm still presuming (from the RNS) the cash is for testing mou-1 once ONYHM agree and for long lead items for MOU-4.

Sounds like MOU-1 will be tested once ONYHM agree it warrants it?

"MOU-1 was safely and successfully drilled within the Company's pre-drill budget estimates and completed for proposed rigless testing after presentation of results to our partner."

Co. didn't excel at comm's agreed but end of day they announced the logs were complicated by issues and would take a while to decipher so they cemented the well ready in the meanwhile.
Market let the knockers convince it that meant duster so who's fault is it really?

Are they going to test and produce from mou-1 ands make a deal with offtakers next? They seem to be throwing a few options around.

Presence of dry gas in MOU-1 reduces development costs for CNG.

Facilitates commercial discussions with off-takers of gas in Morocco in relation to first right of refusal for potential future Gas Offtake Agreement.

Sounds possible, wouldn't be surprised to see an interview come out now.

Noted. 293m shares after the placing which would be 16m market cap at 5.5p

They also hammered the boards daily with extreme prejudice insisting this was a duster and there was no gas to be found.
No wonder it was at 5p.lol

They had to wait for the logs to come back I'd imagine and to be fair the market incorrectly called this as a duster from day one hence the tanking and resultant placing price.

Not a problem at all excel, but thanks for worrying for us.