Member Info for Sir_Hector

I’m not sure we are getting carried away with our price predictions as they are well within those already produced and freely accessible on line to view. The Oak securities one is a little out of date but clearly properly worked through. I’m sure there will be potential investors doing their own homework shortly too and it will be interesting to see how the market reacts hen trading opens on Monday. As has been pointed out, volume of trades is key and if we see more of the same volumes as last week and more I have a feeling we might find out exactly where the sp is heading.

Who knows, it’s a bit like asking whether the next spin will be red or black, or odd or even. The die is cast, the drill will happen, will the gas be as predicted?

The thing is that between now and the point the time the flow/composition is confirmed, the SP is entirely governed by market demand and sentiment. It could re-rate 100 fold in one go or it cold drift up over three months, nobody can say they know certainly not me and probably nobody else either. Oh apart from Dudemug who has been right at every step - or not!

I think we might expect an up-date on Mt Winter sometime next week along with a Vox interview with AH. Difficult to know when we will see the value of the enterprise truly reflected in the SP given the situation with warrants atm but, with the trading volumes at a new level, any overhang should clear fast. Hopefully we’ll see some positive movement and the end of the penny traders as more serious investors get involved.

£1m buys you a 10% stake. Plenty out there with that money but very few investment opportunities with the potential of GEX. There seems to be the volume churn we just need a few high rollers to show an interest and this will move upwards rapidly.

Well the trolls don’t have a great deal to work with anymore. All the no licence, no capital, no rig, no whatever have all proved unfounded. It’s happening and there’s nothing likely to stop it now. The only real risk is that there is no gas. But those are the risks you accept if you choose to believe the scientists!

Difficult to really understand what’s going on atm. Every time the brakes come off and trading ramps up we get all manner of strange behaviour. De-rampers find another even more tenuous excuse and the market makers start shaking the tree for anyone lacking conviction. You only need to look at the spread and the number of trades incorrectly labelled to realise the picture is being manipulated like crazy. Hopefully Monday will see a more pragmatic and measured evaluation. And, fingers crossed, more good news should start to force the price up.

Only four months for a listed company so due end of May, as last year!

Why would there be an RNS? They only issued one previously to announce the delay! No delay no RNS!

Filing Monday, warrants Tuesday maybe an interview to follow. Difficult to see the sp staying where it is for long.

The word ‘Dude’ I believe, derives from the American word Duds (for clothing) and Attitude. The portmanteau referring to the apparent appearance reflecting the desired style and attitude of the individual. Hence a sharply dressed gentleman might be considered a ‘Dude’.

Having read the “dude’s” posts, I picture him in the style of Worzel Gummage with the attendant farmyard pong!

Why?

I recall it being contingent on natural gas and not just for H/He

Not sure I fully comprehend the implications or likelihood of a suspension. The one last summer didn’t really have much direct impact other than provide the naysayers the opportunity to say ‘I told you so’. The sp has fallen since suspension was lifted too! The cause of the delay was down to the complexity of the return caused by the reverse take over. That’s no longer a factor and the interim passed unnoticed. Solvency isn’t an issue either after the small raise to generate working capital.All the drill funding is being provided by Harlequin. So, why should there be an issue with the return? And, even if there is a suspension, only the day traders will be impacted because works will continue anyway.

Double the market capitalisation maybe but we’ve seen a bit of dilution since that was issued so perhaps a smaller SP increment. Either way, if both Hussar and Mount Winter deliver the predicted numbers then we are looking at a multi-billion MC and £10+ share price.

Fabulous! It’s up, it’s down, it’s back to where it started! Trades by the bucket load, MMs working their socks off. However, despite all the excitement, the reality is that it’s all in progress and in a few weeks there will be tangible value in the billions and no dispute about the MC. For now I’m just sipping my tea and enjoying the frenzy. It reminds me of the jumble sales in the church hall when I was a kid!

Still fully funded, £1m raise provided liquidity to keep the backstage operation solvent. Shouldn’t be any issues with the filing this year. If you’re clinging to that as a reason this will fail, you’re more desperate than a desperate thing! No more bumps in the road here!

Very much enjoying this tick up to my breakeven point. A way to go yet still but all that topping up on the drop has paid dividends and my portfolio will be looking much healthier soon (I hope)!

Did you have the decimal point in the right place there?

Whatever way you look at it the free float is being hoovered up this morning. There will be a good number of traders in there and they’ll be in and out for their 20% or so, but ultimately demand is going to drive this up shortly. I’m slightly envious of those who waited for the 3p SP and filled their boots after the placing. My holding has been accumulated over many months and it’s been a little dismaying to see the price dwindle despite the major milestones that have been achieved along the way. Anyway, I can’t complain because I’m in for the ride now!

Oak securities had the risked value potential very conservatively at $142m which suggests an SP of 72p on successful spud. However, the market situation has changed considerably within the last 12 months and that is based on a fully risked evaluation.