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BMN with his strong connection has told us about the news on licence to ZEN, back a couple of weeks ago that we are getting the licence. and he bought in large amount in ZEN and he made handsome profit from ZEN
he also hinted about deals coming to RBD and UJO and he also took large stake in them,
those following BMD will see that despite many hated him, he is well connected and most of the time he is correct.
copied from twitter:
https://twitter.com/geo_meda/status/1344295852412702723
i bought in last week . sp looks to be about to turn.
we are way below radar and have large % stake in sticky hand/large IIs.
chart wise, sp should start rising towards 18p soon
we know COPL need 1m extra to complete the financing of the new acquisition and the RNS saying equity sharing is not needed but says nothing about equity placing, which means equity placing still coming soon.
correct me if i am wrong but i guess, he wanted to place but need sp to rise up and hence the purpose of the RNS last week?
and now we are towards festive /new year, i dont expect any other news/license till next year.
i prefer to have the placing now/next week while sp still high above 0.2p. as the longer we wait, sp will drift and placing probably will be at sub 0.2p
imho
ECHO now getting the attention. and PPC which is also in Argentina seems to now have attracted some buyers.
time for PPC to rise is coming soon imho
now that we are nearing christmas, i am setting my own expectation that as any AIM company, there will be delays in offtake which SAV said due this year.
plus, am surprised that he didnt mention about offtake/JV in the most recent webminar implying that it will take some time yet.
realistically, no more news this year, i believe it will come in next year, which is by the way, only a couple of weeks away.
been looking at well promoted MUST in twitter and less well known ORM.
MUST market cap around 1m, cash 0.4m, news due
ORM market cap around 6m, cash 5m, oil asset due in next few days
just wondering, how come MUST mcap is double that its cash while ORM mcap not double than its cash?
it is because MUST is well promoted and hence very popular amongst PIs? or this is to show that ORM is undervalue and can rise a bag from here?
we may get TR1 tomorrow in Must but equally we had Irish billionaire TR1 in ORM last month.
anybody care to explain?
am just looking where to invest next, but want to avoid pump as much as possible.
am posting this in both board for discussion.
been looking at well promoted MUST in twitter and less well known ORM.
MUST market cap around 1m, cash 0.4m, news due
ORM market cap around 6m, cash 5m, oil asset due in next few days
just wondering, how come MUST mcap is double that its cash while ORM mcap not double than its cash?
it is because MUST is well promoted and hence very popular amongst PIs? or this is to show that ORM is undervalue and can rise a bag from here?
we may get TR1 tomorrow in Must but equally we had Irish billionaire TR1 in ORM last month.
anybody care to explain?
am just looking where to invest next, but want to avoid pump as much as possible.
am posting this in both board for discussion.
was hoping we rising higher, but it seems placing overhang still being dumped at large amount. and with brexit news this weekend, most probably i will be able to buy back here at much cheaper price.
sold my position here just now. good luck all
yes, the news is great but looks like we dont have volume to sustain above 50p
i sold for now and will wait for re-entry. it may drift lower waiting for next news and i can buy back around 40p
you may disagree, but that my opinion. thanks
i have small amount here but now not feeling confident.
if bank already agreed, why they are pursuing this appeal as if they want us to modify this deal and terms. bank should just withdraw this.
sounds like there are something else happening between bank and the company that we are not told about.
or perhaps further terms to be refined tune and amended? KDNC may get this at the end, but it seems to me unlikely for us to get this signed by this year if further amendment is required.
that may explain why sp been drifting.
is there any chartist? where is the support level? 10p?
it was around 150m mcap company.
no of shares around 570m and share price around 25p
worth highlighting, they actually made significant oil discovery in tunisia back then (and share price spiked !)
https://www.proactiveinvestors.co.uk/companies/news/61127/circle-oil-soars-on-new-oil-discovery-offshore-tunisia-71578.html
just saw this tweet. does make sense that deal to be confirmed before 17 Dec so that they know what details of buyback to be incorporated on 17 Dec.
i bought some more today, low risk as we are only at cash now.
----
https://twitter.com/geo_meda/status/1334483743164297217
sounds like they are finalising the deal and its very significant and hence they will wait till its finalised before announcing buy back or not. sounds good to me. #ORM
also looks like the deal may be announced well before 17 Dec so that they know to do buyback or not on 17 Dec
this is massive contract. many still live in the past and hate the various placing and EGHOS etc, but if we look for the future, this can bag or two from here.
look at those massive contract. and good thing to know is that placing is done recently and hence no placing short term
actually that buy is not 3.5%
mcap around 18m per lse, so, that would be only 0.6%
not even 1%
excitement OVER
UJO director just bought shares - see their rns just now.
we know Wressle now delayed till Jan, which means we will get news on WN first.
the fact that directors bought in, as they very confident in WN
RBD has larger stake in WN, and with UJO rising now, RBD should be well above 0.5p
i bought in
added more here.