Member Info for Pecten11

Mark, I think most of us had already come to the conclusion that you writing your posts was a complete waste of our time

Unfortunately copper bounced back down from the $5800 resistance.
If Covid19 is brought under control, could be the impetus to break through

Strictly off topic
Daltry it apparently has a Covid19 test, but it has 10 bagged already - if that company has any sense, knows the time to place some shares to be able to fund production that all that bb rampers think must happen. It cant produce the product the mcap current,y suggests without the cash to do it

Amati's change from 15.99% to 12.96% is equivalent to approx 11,955,407 shares - the single large transaction was 11,449,600.

so definitely their sell - question is why now?

yes, it suggests the big trade was actually a sell, thus Amati selling down

Latino, yes and no - whether good or bad, the question is WHO is backing them?

So Parsons, Ainsworth and Salvadori have been 'proposed' to join the board - by whom?

Do they need a simple majority at the GM, or greater %? Is it by shareholding or show of hands of those present?

Are the options awarded going to be a GM resolution? I would hope so, for good governance (?)

Bartlebobton it's not like you to guess? You always seem so sure of yourself.

Or have you been guessing all the way along? Total whatifiery

https://www.investegate.co.uk/ascent-resources-plc--ast-/rns/board-changes--fundraising-and-debt-restructuring/202002140841390468D/

And that line up is meant to inspire confidence- is there a comedy club opening soon?..

ADUK, I'd agree, the point behind the CMD is to increase institutional awareness and confidence in the EPS.
Ultimately that should provide more alternatives when a FFD decision is made. Wrt to pension funds etc moving away from oil, there may be an element of truth, but and it's a big but, pension funds primary driver is still good dividend payers like Shell, not necessarily capital growth stocks, so Hur don't fall into that landscape yet and wont for a few years imo

Auson, no worries - you line 'em up and ...............

Sorry Auson, I'm too lazy to give you an answer

Interesting Perro, but still doesn't answer why directors didn't take part, especially with the warrants on offer?

Jedi, use the Force and you tell us

Castaway I wasnt suggesting another placing, but that some of the shares from the last one might not have found a home yet.

If so straightforward re Beaumont Cornish, just replace them rather than having joint broker?

Perro, I remember we briefly discussed the likelihood of the placing last year and I was hoping/expecting that existing shareholders ( yes in RNS, sadly no specifics, but not unusual in that regard), but nothing re the directors and no related PDMTR
Was surprised not to see John Teeling taking part

Echo, compared to the normal trade size on BOD there are interesting, but theres still potentially a lot (compared to daily volume) of placing shares to shift, which may have been a reason for the joint broker appointment

After last weeks copper spot price rally got bounced on Friday, looks like trading range narrowing, but think Cu really needs to hold above $2500 per pound or it could get messy. Warehouse volumes are dropping though which should provide support against Coronavirus threat.
Thoughts?

AJW think you mean whipstock, not whipstaff

'A long steel casing that uses an inclined plane to cause the bit to deflect from the original borehole at a slight angle. Whipstock are sometimes used in controlled directional drilling, in straightening crooked boreholes, and in sidetracking to avoid unretrieved fish'

Martin, on this occasion I'll try and give you a polite answer- what drilling costs?
If you were invested in HUR then you would know the last three drills have had their costs carried by Spirit

From the JV announcement 'Phase 1 - 2019: Hurricane fully carried through $180.6 million (gross) programme to drill, log and test three exploration and appraisal wells to accelerate appraisal of the Lincoln discovery and exploration of the Warwick prospect; fund the purchase of long lead items to allow the 7e-back of one or more GWA wells to the AokaM'