Member Info for Scrodingerscat

ScotsLoveTrump this is the second time you've called me out. So let's set the record straight... there are plenty of people who complain about a static share price which is fine, I have no issue with them complaining.

The issue I have is with YOU specifically. Why? Well you twist it into a politically fuelled reason to spout off about stuff not related and that you clearly don't understand. Let's just cover nonsense you have attributed or inserted into this topic in the past.
- "The" cabal
- the illuminati
- Joe Biden
- George Soros
- Donald Trump
- Vladimir Putin and your quite frankly disgusting support for war in Ukraine
- Quantitative Easing (attack on US stimulus).
- Kim Jong Un and North Korea
- Mainstream Media

We are just missing dolphins, religion and aliens and you've covered all the main conspiracy go to's.

No RI's managed to buy at that level. I know because I was trying to buy at the same time, it bounced off that level quicker than lightning, having been invested here for 4 years I have added during multiple dips. Only Algos where able to trade at the absolute fringes of the range the lowest I managed was just under 8p. RI's where only allowed to enter the party when the oversold correction kicked in. Under 7p is just not believable. My average is 28p who are these mystics who only bought under 7p and never sold. I call total BS.

They will refinance in 2023, it's already been mentioned in conference calls on at least 2 separate occasions. Will need some more headroom for CAPEX if Kenya is done and dusted. They will be able to get a much better deal mainly because credit rating has recovered and $100 oil won't have lenders worried about the chance of default.

AimLeeroy the PE ratio is based on results stacked on accounting gains not operating profit. How difficult is this to understand? There are so many 2000% chasers on here who don't understand fundamentals. The purchase was made on a raise, they are not generating enough income to repeat an asset purchase without external finance.

railroad the profit before tax figure for 2021 was due to a one off accounting gain from purchase of 71,000 hectares which arguably may not have the real world value attached to it that the accounts suggest considering the purchase price, they have also significantly marked up the total value of their biological assets. From actual business activities and not accounting gains, although EBITDAS positive WBI made a loss in reality.

Projected revenues for 2022 is expected to yield a profit of £200K - £400K according to analysts. So where did you get £140M from?

Never told anyone to sell sunshine. I'm still holding an amount for the long term to see how it pads out. You hold that's your prerogative.

What I will say is current mcap = £164M. Broker forecasted revenue for 2022 £24M - £27M, profit £100K - £400K.

Yeah I have reduced as well, mirrored the big
boys. Current mcap is way above current fundamentals and projected. I get the monetization of the carbon credits but WBI is way off even being certified to sell and also throw a dart as to how much it will be worth, will need more land for bigger revenues so still danger of a raise with weak cash generation from current shipping issues.

Also before anyone shouts deramp etc. I have still a few thousand invested. This is just a view for balance.

panda1 I don't like to usually call out nonsense but do you think you may possibly have taken a significant amount of artistic licence and run away with what the article actually implies? Identifying 1 "potential" cause for Lupus is not a cure, nor has any treatment been identified. If this is indeed the holy grail for Lupus patients then Immupharma's patent will have long expired before anything is approved for treatment. If for example I wanted to sell hair gel as a treatment for cancer then I would have to go through trials to prove it, so even if there is a drug that acts on the gene in question I can't just sell it as a treatment. We have regulators for this exact reason. What your suggesting is Quack medicine and that somehow some recent find is going to beat IMM to market. Which is entirely disingenuous as the poster asked a legitimate question and you gave a false hypothetical response which sits nowhere in the present reality we inhabit.

Be interesting to know how much they have lost as a result. End of the day PH should topple on his own failure not from an agressive attempt to pick the assets on the cheap. If anything the attempt galvanized support for PH where at the time his performance justified the opposite. If they had waited longer they would have had much more sympathy. A hard lesson in timing is everything, and when someone is fupping up on their own let them continue.

The SP is out of touch with reality now. This is a company heading into a fully funded phase 3 trial, likely within 12 months. You have pre-clinical nowhere's with much higher mcap's. 2 years to wait for what is on the cusp of transformational and this is 7p. Even with the history of this share, right now Lupuzor has never had more chance of success, de-risked yesterday massively. I don't even know why they even bother listing here, if I were the board I'd de-list and move the listing to the USA. UK stock market is broken, outside of the FTSE 100 everything is just throw a dart, no direct link to underlying value.

The average salary in Georgia is $2200 per month an employee is likely to work 180 - 240 hours per month. According to the public domain BLOE has 68 employees. So unless you have inside information on how many subcontractors are currently hired and what managers and directors are paid then it does appear you've just made up a load of ****. Think about it how have they maintained a $1.2M cash amount while purchasing long lead items for 2 drills, yes the share issue has helped on that front but are you really suggesting that paid for what is likely to be conservatively guessing easily over $1.5M in capex.

Where's Earlofaim? What I'm seeing from the update is that despite his excellent "research" that he's $6M short of his forecast and that block are getting $24 for 1 boepd not the $200 he was claiming. What's more ludicrous is this guy has followers on Twitter. Wonder if he will apologise now he's definitely been proven as someone who can't add up.

JMAX yes and with an agressive 7% short interest at the time. They have less than 3 months now to not get relegated again. Positive news will address that. I guess being completely reliant on a Kenya announcement if oil turns, but if oil remains high this will stay up on it's own steam IMO. There won't be a trading update this half going by last year (and my memory, prepared to be corrected on this) so we will have to wait till August for the half year report to surface.

For someone who can't even post a link you have a very high opinion of yourself. Also it's plank, as I'm sure you didn't intend to compare me to noble prize winner Max Planck.

I apologise whole heartedly to you and the rest of the board for engaging in such low brow drivel from EOA. But come on $500 BOE what planet are we on here?

Am I wrong about BLOE getting $500 per boe? Possibly but am I? Come on the info is there Hepseal highlighted it succinctly. So $22 - $25 is more likely. But hey if people want to believe EarlofAim or even hang around with the fairies at the bottom of the garden, who am I to stop you?

Hepseal maybe you should start your posts with "do the maths" you have done them based on company numbers, not fanciful posts on unrelated prices, understand them and also very thorough.

Also what I would add is that in Q4 and sales of 36,100,000cf of gas equated to $3.02 per 1000 cubic feet or $18.12 boe. So all EarlofAim needs to be right is for that gas to sell $481.88 higher to be right. As you already mentioned the new deal quoted a 30% sale improvement to GoG, not 2659% so I know where I'm putting my money.

What? Georgia is technically in Asia geographically but part of Europe officially due to it's long cultural ties based on Christian Orthodoxy.

You can keep sharing your link, you are still 100% wrong. Holland wholesale options has no bearing what so ever on what price BLOE gets for its gas, its agreement with Georgia is based on spot prices. I grow tired of arguing with you, you actually believe the opposite of reality. You will have some serious apologising to do when Q1 trading update comes out, so I will just wait for reality to kick in then.

TTF is not European prices, I already explained to you that it's the calendar month options for gas already in the grid in the Netherlands. Fact.

It's the global benchmark. Fact. Are you really this stupid or do you have to work at it?

I'm the idiot haha, I have explained what TTF is and you still don't understand. Spot price from the Energy Investigation Agency... gas is trading at what now? Absolute moron.

https://www.eia.gov/dnav/ng/hist/rngwhhdD.htm

Not this again. Do the maths yourself, gas is trading at $4.92. Your link to TTF is completely irrelevant to block for 3 reasons 1. It's the calendar month option market for gas already in the grid in the Netherlands 2. It's 1Mwh 3. More importantly here BLOE are a producer they do not trade options, the gas gets sold to Georgia at a discount to current market prices.

So to make it simple for you your "evidence/link" might as well have been a link to the sale of pineapples or handbags. $4.92 for 1MMbtu = $29.52 (1 boe).

No you just start them and go back to pumping out positives without balance. Choosing not to answer the question again.

Truth is you dont know what the value of this deal is, you can guess but at least with the last gold offtakes they guided some revenue. The money is made on the margins of these kind of deals, you've happily accepted dilution without knowing the actual forward value of the deal. You can still be positive about TRR without just being a blind investor you know.