Member Info for Setanta1

upon which delay you think is explained Mr Triumph. The RNS from which you quote also says that " The Company is at an advanced stagein negotiations with the final two offtake partners and the board of OnfraStrata believes these negotiations will REACH A CONCLUSION IN THE NEAR FUTURE (capitals mine). The near future can hardly be construed as the end of 2019 . On rereading the RNS it does come across as being a bit weasly in parts.
I think we are overdue some unequivocal good news in place of the current silence.

Agree with you Nobby. Infa, allegedly, had a deal available in December which was rejected to enhance shareholder interest. Delay was then put down to Christmas! Now here we are still waiting. I find it hard to imagine why any deal is taking so long to complete.I'm too accustomed to fine words on AIM leading to nothing, so I think it's high time we had good news or an explanation.

to look like the longest negotiations of all time. Over six months now to agree on offtake and funding . We haven't had any decent news for months. So the Sp goes slipping and sliding. Come on JW get it done, please.

would much prefer if you are right but what yesterdays RNS said is " the supply of certain items of equipment currently held at EQTEC's Newry site. Perhaps I'm splitting hairs since we're talking about an AIM company with a very chequered history.Most disappointing of all is that following the RNS the SP has dropped back to where it was before yesterday's RNS. That IS a fact !

The latest RNS describes the equipment as " Currently held at EQT's Newry site..?" So how can it be in the USA?

you're right Merchantbanker because I bought a decent chunk at .29p and sold at .295p in early May judging that the hour had not yet come. Now I can buy at around the .21p mark, a 30% discount. But I will wait ,I think, until the 100% rise you predict begins to take place. There will still be plenty of time to reenter.

There were three 8.5 m trades reported at the same time this afternoon which may have been related to administration of some kind. The only ones who know what it was all about are those involved and the MMs.

There have also been mountains of comments by posters about late trades that "must arrive", Late items that "must be RNSd", and speculation about breaches of AIM rules and about the duties of the company. At the end of it all we are no wiser. Nobody has got it "right".

Posters would do better to strengthen their research and then decide whether they believe EQT is worth their investment. I've decided it is worth mine based on my belief that the project itself is very timely, and the hope that it will come good in time so that I can make money from my holding here. But I'm prepared for the risk and the loss. This is AIM. We'll know soon enough.

all todays prognostications of a huge late reported sell have not been fulfilled. I wouldn't be surpriseed if Dip-Stick's suggestin in the 16.51 post may be correct. Anyway I've profited by lowering my average price quite nicely from my already low of yesterday.
I think the EQT project is very viable but the company is still trying to shake off earlier financial mishandling. So I view my investment, so far, very optimistically even as a longer term hold. With some addition if the sp continues to decline in this phase.

Some very prescient posting from you today. Nice to see some well researched and knowledgeable posting. Go well.

Hi, the first line of your post is not right. if the Company had issued the 45M shares to make a loan repayment they would have had to notify.
The second paragraph is a possibility,(ie, a background seller), but nevertheless there is some very strong foreground buying to mop up any background sells.
The third paragraph referring to the 25% drop:It does no oblige the Company to comment. In theory,at least, the Company has no control over the market.
Thanks for your comments. All very interesting,isn't it ?

Is when shares are issued by the company to an investor for the purpose of raising additional funds. This has not beeen the case here and if it were the Company would have been obliged to notify as they did with the loan repayment to Cuart investments last week.

If yesterdays large trade was a buy by a new investor it does not require notification. In any case there are clear signs that it my have been a cancelled trade for whatever reason.
The EQT project looks very timely. If you believe in its future this has to be a very good entry price. If not you are best to stay clear. But some good buying today !

Yes I did sell up and at a tidy profit,(around the 1.2p mark as I recall). Still not wild about the financials but this looks to me to be a good investig point. We'll see. Go well.

and building my stake again. Almost incredulous that we have been given this low priced opportunity. The project is a natural winner for out times. Last years gains are going to come again. Soon, I think.

Looks like a brilliant summary from last evenings meeting. You should be writing the RNS's, ban. Thank you very much for such a comprehensive report.Go well.

A paltry few trades today. Four sells amounting to about £2000. I predict that that will change in the very near future with a strong performance on the sell side !

is not being shorted. At least not to any important extent. The "mischief makers" ( as Mr.T calls them), are the group of manipulators who have been active in this share since early in 2019 and very active since the 1.2p share price in February. The strategy is simple and effective. I've outlined it before so I don't propose to repeat that. But it is clear that it is aided by a lack of any undiluted positive news since January. Yesterdays late RNS had all the hallmarks of a quickly put together and very muddled document. An absolute gift to the manipulators whose sole wish is to lower the price as much as possible and then buy in again when incontrovertible good news begins to raise the SP again.
The rather naive handling of the various delays by our BOD has helped them greatly. My only regret as a subsantial long term holder is that I didn't sell out when the manipulators were doing so . But then I wasn't "in the loop".

There is no shorter !

That's good honest comment and good common sense, Snowman. Go well.

Both the information given at the meeting and the posters reaction. Plus the SP reaction of course !

More slippage, ( offtake, equity and FID ), is not good news Posters have responded in a variety of ways. I liked the posts of aunty, radders,and Kibuc,(at 9.25), and I was pleased to see Dawski positive as usual.
Personally I agree with Kibuc that a lot of the information divulged ought to have been given in an update RNS.
What has now happened is that the manipulators have been given a fresh impetus and so they will attempt to drag the SP still lower, and in that they will probably succeed.The past three months has been a paradise for them and they must be even a bit surprised to be given fresh ammunition at an open meeting !
As a LTH I'm very disappointed with what has just been communicated. I'm patient but I'm also tired of the constant downward trend in my investment. I know the BOD are far more interested in the Islandmagee project than they are in the day to day SP. But they are paid for that. Perhaps a bit of unequivocal good news in the near future might be in their remit.