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Don’t worry their mates will know.
Blubay, you’re an intelligent person and have also been here a long time as have I. It doesn’t need explaining. They have done nothing in this current campaign to support or promote the SP, almost the opposite infact, why ?? Yes DM was the other extreme but again for FS enoug is enough, get some positive news flow and upward price movement.
@coco, could not agree more. Shambles.
Goldgirl etc. Aha ok good positive news, we will open up then and have a strong day presumably? Let’s see lol.
I read it, why the extra 45m shares ???
And another 45m shares. Really wonder who is running strategy here, for F S maybe let’s just have a positive spud RNS and a run of good news instead of all this relentless self inflicted price damage.
such a shame this board which was intellectually enlightening and educational with the occasional oddball has being reduced to the **** it is today, really have most you egits not got anything better to be doing ?? so transparent most of it, reminds me of been back in primary school play ground 50 yrs ago.
Have to laugh at Art & co, isn’t school back yet ?
Anything sub 10p a very decent entry in my opinion, as previously mentioned whoever is selling the large puts recently just needs the capital for some other reason, whatever it may be, and can’t wait longer. Real Money is earnt through patience, not continual worry and very rarely through short tem trading.
Lol more likely the last few weeks not years
Or logged in as someone else for the day !
@Void, likewise, missed you when you were awol ! No one to keep Dai on the straight and narrow…
Indeed, from what we’ve seen of Lorna so far and from what I have seen about her, she seems to be an honorable straightforward respectful person, so here’s hoping she - like we - are in it for the long run.
Wouldn’t want Trek £5 disappointed !
See you on the other side :-)
Well, if you have a major investor who is unwinding their position, for whatever reason, as has been suggested and seems to be happening here, then I am not sure there is much the company or board can do about it, that’s the problem of having to raise at such low levels, it becomes an ever self perpetuating decreasing circle of stock being issued at low prices, held and dumped at correspondingly relative low levels.
The only thing is possibly should they have a discovery and the price is still low, it would provide a perfect take over opportunity for a major. That won’t be the multi bagger result many LTH here, myself included had hoped for.
@Gogs, That’s business !! ;-)
Not always what you know, but who you know, specially when who you know likes a flutter . Only my opinion !
Thanks Skittish, yes the multiplay between the 2 companies does make sense from that point of view, sensible risk spread in a way.
Will have a look at Maxar later, maybe fun to have a good look for the relatively small cost. Sure you could be right there too. would make a lot of sense.
In any cases as has being mentioned I am very happy with the progress here, it is all completely different from Tai1, LB couldn’t be doing more in fact to make sure this drill is being managed differently to the first, and I am appreciating the more professional approach even if it means the ‘fizz’ is missing for now. That won’t affect the price on discovery, just you wouldn’t want to be out for that, or not too much out !!
Thanks as always Skittish, is there any good reason why they would want to be waiting for Noble, if it were me and all was in place I would be cracking on, can’t really fathom any reason for waiting for Noble, unless its for some big PR requested by the Tanz gov, but given Tai1, any Gov PR they would want everything pretty much nailed on for a discovery.
Agree Rambo, and looking closely compared to the last photo they are definitely delaying the news flow out, this will spud sooner than is expected. Good luck all, this will still take off imo.
There is no second rig, says in the update and they apologize for confusion, just the Marriott staying to drill all
I think the next resistance level is 7.6 ? Taking a hammering today, this won’t recover much pre spud, can’t see it making 10p now. Interesting, far more qty buys than sells, is it the MMs clearing out their stock ready for something
I asked the question which wasn’t answered, if in the forthcoming inevitable raise, that the long suffering and loyal PI’s couldn’t be included in the offer. Given the change of board, and the way the company operates, it would be a nice gesture, even if just the once.