Member Info for RichTheNewbie

And the fact CH has said to numerous people that he basically can't get decent debt like bank debt.
This "review" (aka rather desperately hoping for a saviour) wouldn't make any sense if they could just get bank debt and fund development.
If that was an option, and they weren't doing it, it would be lunacy.
Clearly it's a no-go on that.

I do understand the truth and reality is painful for you (and many others).

I liked that one too.
It was a classic example of AIM padding in a RNS.
Telling you absolutely nothing new or interesting.
Yet fills two lines with it.
Even gives a branch for the particularly dozy to cling onto for no reason!

Good attempt today to make a bad RNS sound good by the company.
Production was lower for the month than when PG11a was closed for repairs!
Permit still minor amendments as always.
Strategic review "ongoing" as always to keep you all distracted.
Surprised the price isn't considerably down already.
Then again it seems the market usually catches up a few days later.

Lol, you're trying to gloat about England losing a game that was better to lose, so they had played their reserve team instead!

That German crash out of the World Cup before the knockout stages must really be hurting.

Brilliant :)

I wouldn't worry. It'll probably be back to a penny at some point in the future. Hype on that stock is crazy.

No.

You don't really believe that do you?

They could dilute and just offer it to you on the same terms to get round that.

They could also just sell some or all of the asset and therefore dilute your interest in it without asking you.

He's just telling you what you want to hear.

That's a bit better. Market gradually waking up to this. For the potential here I think we should be nearer double the price.

Yeah I did notice the typo ;)
(sadly there's no edit function on these posts so just had to leave it :p)

Looks like the selling's picking up pace today and therefore a fair chance we might see the 0.8p finally broken down through. Had help up quite well for a long time all things considered.

I don't think you want new laws.........in fact it's probably the last thing you want!
Rule changes are still being blamed for the current non-issuance of the permit!

Have to do a lot better than these prices to get me to sell.
No point investing in a bio company and taking the risk only to sell for 20% gain if it looks like it's going well!

Woohoo :)

WHEN DID MY TEAM LAST WIN??????

I do enjoy people talking to me in shouty capital letters.

Since you ask - about three and a half days ago.

England won 6-1.

You must have missed it

I suppose that's a common German trait right now!.

So, as they say, auf wiedersehen.....pet.

Thanks for prolonging my laughter :)

However, if it was only £10m for half the company, for example, many people might not be happy.

I think I know what you mean but I think you're purely limiting yourself to one touted round by the brokers in London to all and sundry.

I have my suspicion that they had a plan in mind already and it involved issuing shares to someone. I think resolution 6 was meant to make this easy to do without telling PIs who might object.

Let's just say they'd found someone to buy half the company for £20m (we can argue over numbers but that's not the point). I think it wouldn't be uncommon for the people they've engaged (GMP First Energy) to take a cut of the deal. This might be in shares and they might forward sell them to protect their value.

If this logic was right, then PIs might be happy, as I'm arguing these trades would indicate a potential deal, on the downside though it might not be a good deal, and the commision in shares is getting forward sold before the details are known.

Or perhaps it all could be nothing ;)

surprise=surprised
depends=depend

(typos irritate me)

Think that would rather depends who you're placing to.
If I'm interpreting the rules right they only have to offer to holders at the same price to legitimise it.
Should be no problem to keep it quiet if it's not a widely touted affair.

I personally still think this looks like forward selling in advance of a placing or convertibles. So wouldn't be surprise to see that in the next month or so.
I don't think it's PIs dumping blocks like that.