Member Info for SecretSquirrels

Well £55k should help restock Penfold’s wine cellar

Jelly11, if (big If) you traded the dervatives markets for 30 years then you'd know that all of the derivatives jargon you just spouted is pointless with respect to Aim. There are no futures on Aim stocks as it's a high risk, illiquid market. Why do you think there's no ETF launched tracking the Aim composite? Go figure.

Feels like there is a lot of guessing going on here. May be we wait to see what the funding plan and terms are?

Ra11adw2

Your posts are all over the place. For a start, get your decimals right.

SNDA is currently at 0.07 pence. You are talking about SNDA being at 0.7 pence to 0.12 pence to 0.7 pence. If SNDA hit 0.7 pence then everyone here would be celebrating. I suggest you figure the basics out first before you accuse SNDA of being a pump and dump.

Secondly, BOIL has now changed named and has pretty much a new Board. So I don’t think it is reasonable to compare old with new.

Thirdly, “how long to wait”. Andy Butler has consistently said drill early 2025. If he doesn’t hit that time frame, he is obviously in a lot of trouble. But, if you are a genuine shareholder then at least give him a chance to achieve that rather than posting inaccurate and uneducated waffle that may put off other genuine shareholders.

Other than the above, good post chap.

This reminds me of the new poster who popped up the other week to say he attended the Asia Pacific conference and was told a deal is done. I wonder could lightening strike twice and the two new posters be the same person. The mind boggles…

Sundagas is no longer listed as a mandate on Moyes & Co’s website. I wonder why?

Absent significant news I think a placing at 0.05 would be tough. More like 0.04/0.03 unfortunately. Plus 500k would be a large amount given the MC, placees will want to see a likelihood of making money

The Chevron news is great, but the disappointment for me is that GBP have done nothing PR wise to capitalise on it, not even a tweet. I’m sadly starting to think Ceclilia may be out of her depth as de facto CEO.

Https://www.upstreamonline.com/exploration/chevron-fires-opening-salvo-in-battle-over-new-namibia-exploration-play/2-1-1635016

Chevron has fired the first shot in what is set to be an upcoming battle between supermajors to secure access to promising oil and gas acreage in Namibia's next big offshore exploration play — the Walvis basin.

As a result, supermajors and independents are scanning the potential of the Walvis basin to the north, and like what they see...

They could all do well though off the back of this news

Exactly, could kick start a mass scramble for copper assets and consolidation within the sector

Given BHP have just bid for Anglo American for their copper and others are expected to submit counter-bids, I certainly wouldn’t rule out 5p plus for ARS

Yes, surprising there’s a buyer given the fairly dire current position. May be there is something in the works

May be Ceclilia is out of her depth, alongside the two shareholders who brought about the 'Dan and Ceclilia' show and the joke Cyprus deal.

Unfortunately it seems like all around amateur hour.

Looks like comms have dried up here unfortunately.

The problem with the Namibia asset is that its going to be very hard to get a farm out until someone has a successful drill elsewhere in the Walvis Basin to prove that the Orange basin success will extend there. Much better to get something that has nearer term impact imo

We are all in the same boat Pauly.

If you look at Cecilia and Dan’s CVs arguably Cecilia is more impressive - question is whether she has the ability to bring a new asset to the table. I have done some research on her, she has a lot of links in the Fintech space so it may be that GBP pivots in a new direction?

I also looked at Cynergy in some detail. Mike G has no background at all prior to working at Cynergy (and their associated companies) and also his business partner in Guernsey has had a run in with the local regulator, so in hindsight that may have been a bullet dodged.

Another factor here are the large shareholders who originally pushed out Peter Hill and I suspect had a disagreement with Dan which lead him to resign. They will be pushing GBP in one direction or another in order to get a return on their investment.

Finally GBP have to agree a cash guarantee payment with the Namibia authorities this month to retain their licence. Are they going to do that or relinquish and move in a new direction?

Suspect this month will be pivotal.

Sounds like someone got out the wrong side of bed.

Anyhow, I wasn't making a statement rather an observation. Also, it seems that irony is a little lost on you

It’s certainly a bit of a mess to say the least. Hopefully Cecilia is being credible when she tweets that they are looking at alternative plans. Im also hoping Omar and the other large holders have a plan up their sleevs which is better than the last one …

I invested in SRES about 7 years ago at 0.25 pence. I became concerned as to lack of progress and spoke with Cheetham who at the time who told me words to the effect that the company will reward long term investors. I subsequently continued to be concerned and so sold out around break even.

Seven years later on SRES investors are down 80% and are celebrating a deal that has a quantum of $500k in 10 years time. At best that will make back around 5% of those long term supportive shareholders losses (and thats discounting the impact of 10 years inflation). Thats why its a bad deal.