Member Info for sandcrab

With this company, code 1 s are usually accurate

Sadly, they usually involve warrant conversions

AP covers this in the podcast

Anyone keeping track of how long it will take Taylor Pope's placees to clear ?

botswana diamonds just jumped 11%

botswana diamonds just jumped 11%

botswana diamonds just jumped 11%

Sound placing today

Something not right here

I pray that something of substance emerges in the RNS

Otherwise the SP will tank

All IMO DYOR etc

Having listened again to the recent podcasts, focusing on BP Yes, there were problems at the beginning of the year which needed to be sorted out These have now been sorted out AP spent a week recently at the ministry, going through the final agreement line by line From this, i would expect the licence association in the very near future

"If they bought back, they have nothing to unload" No, but the loose hands they borrowed them from, do

No, but it was started by an Australian, trumpeting about billions of barrels, who now, for some reason has baled l Geologists, such as Professor David Smythe and The British Geological Survey tell you that the billions of barrels  is a pipe dream that could never be extracted and even if fracked is not financially viable 

Yes, joyous shorters bought back at .9p, when they were expecting to have to pay 2p They will be unloading over the coming months, along with YA

I broke a rule laser year, never to buy an exploration company run by Australians, when I bought into Mastermans Saffron Energy, and then saw the shares crash from 10.5p to 3.5p over 6 months after acres of hype. . Masterman now seems to have gone. That too had a placing where placees unloaded into mug punters

Hardly gives you confidence if he's baled And with Sanderson having no skin in the game It's being said that the placing was largely taken up by shorts exiting at a cheap price If that is true, there will be a large overhang for the foreseeable future and with the death spiral loan conversions

What's happened to this Lenigas chappie? Does he still hold shares here? If not, why not?

After the similar shameless ramping on UKOG, I was amused to see Tom's accurate forecast of a placing at .9p, notwithstanding the shouting to the contrary about being 'fully funded '

There's talk of them buying a resort now

Hmm. Also from the same article it looks as though Winnifrith is not alone "The fact remains that VOBM#5 has been commercially unsuccessful. The financial implications of this are likely to be negative for Pantheon. In its results for the six months ended 31 December 2017, released in March, Pantheon reported a cash balance of $5.98m as at 26 March 2018. The balance looks healthy on the face of it, but it is worth noting that it has not provided a net cash figure since it spudded the well on 3 January this year- three days after the end of the last results period. This point is significant because it means that all of the costs incurred from drilling the well may not feature in the business’s cash balance – we do not know. If Pantheon is yet to subtract drilling costs from its cash balance, then its face value strength should be taken with a pinch of salt. Furthermore, to compensate for the failure of VOB#5, Pantheon is likely to want to go out and drill another well as soon as it can – the company has said as much itself. However, this costs money. If the firm is unable to fund the new well from its existing net cash balance, then we believe it is entirely possible that a placing could be on the cards. Proceed with caution. "

Is Tom's 'bucket shop' placing forecast of between 9p to 12p, in any way realistic?