Member Info for rickmeister

MM22, I hope you're right. That's another share of mine that's languishing somewhat.

We are all grown ups and know the risks we are taking especially with AIM shares. I'd be very surprised if investors in BEM don't have a varied portfolio. I've been in BEM since the very early days and have made and lost money. Fortunately HMRC allows me to offset losses against profits so nothing is ever as bad as it seems. PS it was a lovely day today and the birds were singing.

It's a risk now. Any LTH's value will be so low it isn't worth exiting. Refinancing could result in the company going private and surely the Vardar 'buyers' will decide to renegotiate soon. GLA everyone still here

Can't dilute much further so who will stump up the cash, except by convertable loans. Our mcap is just £4m, little more than we are supposed to get from Kosovo. This co had such promise in the past but now its just withering away.

We need to get Vardar over the line asap, cash isn't going to last much longer.

Sorry everyone this is a done deal. Stay or exit are your only options.

It would seem obtuse for India (aka Modi) to be doing a deal with a rogue like Putin and not with it's own gas supplier. I tend to the view that both sides are playing for negotiating time.

Doesn't really matter, if someone is offering 4m euros we should snap their hand off. The company should never have got involved there in the first place. If Finland can become self funding then that's helpful. Any money from Vardar can be used for Kallak. It's a precarious situation and we risk losing Kallak for nothing.

Was half tempted to sell this morning-glad it was only half tempted. In for the long(ish) ride now.

And now it's down 7% for no discernable reason. Aim is so frustrating.

Opening paragraph states they are expecting new PSC. Income was better than I had expected bearing in mind there is no official customer. It suggest that GAIL are still needing gas from us.

May the farce be with you. I'm not a fan of shorters but when they deliberately attack a share that should be punished-even under AIMs weak rules.

Absolute farce today.

Not very I'm afraid without some spectacular news. Currently I wouldn't touch this with someone else's bargepole until the CLNs have cleared. Too much of a lottery. Having to go the CLN route suggest they had limited options for raising finance.

Had this share some while now, it's flitted in and out of profit. That the co is looking at it's strategic options is welcome but my read is that this process will take a while so as in profit today have decided to exit but will keep it under watch and may buy back in.

Was expecting a dip today after yesterday's spike but more than I thought it would be.

If the BoD didn't understand the implications of the financing they put in place then they have no right being directors, if I and many others posting here can then they surely should have.

The directors haven't touch this since Dec 2022 and then via placings.

Unfortunately that isn't unrealistic. Assuming £7.5m to go, this would increase shares in circulation by 2.5b at 0.3p. (currently 6.4b shares issued). If conversion are at less than 0.3p then more shares will need to be issued. Assuming the Mcap remains as it is, circa £22m, the sp could drop to .02-.022p without any exceptionally good news.

Ouch, but not unexpected.