Member Info for rosso123

Some seriously loading up going on. Added a few more.

Temperatures will reach between 44 and 47 degrees in several provinces like Ouazzane, Fez, Meknes, Moulay Yacoub, Guercif, and Khemisset.

Https://www.researchgate.net/figure/Idealized-simple-creaming-curve-cumulative-discovered-volumes-versus-time_fig1_237441576

Where do we stand on the curve atm? Point 2 perhaps.

Timeline is set out. The quick buck rainbow chasers will now move on. Expect a short term dip in sp. Genuine investors will move in, sit tight and wait patiently for things to develop. Excellent opportunity for topping up. A giant in the making here.

See that the bucket shop boys have moved on to ICON, where they've been handed a cool 200 billion new shares to shift.

Job done here, meaning buys are more difficult to come by. Hence sp up.

If I could be a troll for a moment, I wouldn't mind the sp being dipped down towards 11p this week. It means I get a few extra shares for my fistful of dollars.

Using part of the extra £3m to go through to MOU 2 TD?

Decision to drill through the MOU 2 debris into the Moulaya fan?

What's going on is an absolutely normal process. Any kind of oil/gas find by a junior is held back, cucially along with the sp, in order for a suitable sackful of shares to find their way into the hands of a select few. Does anybody really think that the Moroccan authorities are going to sit back and gaze at a tiddler foreign Co. sweeping up on a national prize asset? This is not just 25% owned by OHYNM. Call it what you like but this is how deals get done, perhaps more so in African States. Pretty sure that Lonny's associates are very happy at 11p entry. Do I have a problem with that? Not at all.

Agreed. Though in at an average of 6p is prob colouring my judgment of the way things are proceeding.

3rd-rate broker so no surprise the poison pill for existing holders. They'll get the job done through their City spiv associates at knockdown price. This is what Novum does.

Anyway, move on. Test results will leave 11p a distant memory. Can we ditch this disreputable bunch then?

Agreed. But who's going to stick in £1m+, even at mate's rate, without a bit of extra knowledge as to how things are developing?

I'm sure he's dying to update. In fairly unapologetic fashion in view of the challenge of raising £10m in a difficult financial market. Hands are tied until an official news release comes through. prob cpr. At which point he can embellish. No interview beforehand as he would be restricted to telling what we already know.

As for sp, overhang should clear this week. Next week for news release + interview + sp starting to motor. I suspect MOU-5 sweet spot drill will be announced. Will £10m cover drill + testing?

A little patience is all that is needed.

However many of those 90m Novum were responsible for, by the end of this week they'll be in stickier hands. With £10m in cash for kicking off the testing, shares are going to be more difficult to get hold of. Expecting to see us rerated back in the low 20s in sharp style as multiple charged sands take centre stage. The 11p smash and grab raid will very soon be forgotten.

A Main Exchange stock frequented by the usual unholy trinity of

a) a bucket shop broker,

b) trolls

c) Average Joe Punter

Look beyond nose folks. £10m cash raised in next to no time for extensive testing and a further drilling prog.

Huge gas basin awaiting development.

No doubt AJP, for whom a fortnight is a lifetime, will be back bleating when the next discounted placing comes along at 25p, after the sp hits 30p.

... whether it's a raise at 15p, 13p, 11p. 40m @ 15p or 60m+ @ 11p.

Things are moving very swiftly. The bookbuild is already done.

Straight onto the testing, then the next drilling. Long lead items already being tendered for. This gas basin is huge.

They'll forward sell to monetise the project.

"MOU-1 well drilled in 2021 is being prepared for a follow-up testing programme to coordinate with a further drilling programme to move the project to a CNG development stage."

Novum is a bucket shop bookbuilder. The 60m going out around 11p will very quickly be flipped over for a quick profit. This is what Novum does. A bit of pain at the dentist.

Looking beyond this week is asking Average Joe Punter to look beyond his nose. The serious stuff is about to begin. Multi-layered charged sands are about to be tested. Sub-20p will soon be long gone, along with those quick buck City traders that Novum associates with.

The rewards from this gas basin are potentially so great I have no issue with a group of insiders helping themselves to a bunch of cheap shares. Savvy types should follow the money to reap their own reward. Top up, simps.

No, the Prospectus must come first.

The Company is working with its advisers to obtain approval of a prospectus (the "Prospectus") which is in the late stages of the vetting process with the FCA