Member Info for Smythery

Desperate, Heid. You know perfectly well that to overturn an EA decision would need to prove a clear procedural error. The EA took almost two years to make its decision, so probably did their homework. Not liking the law doesn’t really do it.

Have you finally run out of people to pay you to shill for them?

Corelab, RPS and whoever Rohan Oza got to do due diligence on WN all disagree with you Stanley. But I’m sure you’ve done your own detailed geological modelling to draw your opposite conclusion. Right?

Agree a raise is coming at some point, but course sp can go above 30p before that happens. Company has cash for a good few months yet, clearly hope is to wait for positive feedback on Goliath from one or more major potential customers which will boost the shares, then can raise at higher/less dilutive levels

Haha - there I was expecting to get into a barney, and instead you come over all reasonable! I personally think we’re all safer if we stick together, though I do 100% agree that Europe has been taking the pss on Defence for far, far too long. I don’t agree with a lot of what Trump says and does, but he’s right there - we need to step up. But this isn’t the forum for geopolitics (despite my last post!) so I’ll just say I hope you’re right on Graham and the team, and that we get something concrete to back up that positive view sometime soon.

CY - you can’t really believe that, surely? Last summer Trump was telling us the Iranian nuclear programme was completely “obliterated” and was castigating anyone who claimed otherwise. Less than 9m later and it’s a 5 week bombing campaign RIGHT NOW or we’re all getting nuked?! It’s laughable. Even if you believe him (this time!) then surgical strikes would have been fine, as have worked previous times. Instead he called on the Iranian people to rise up and the clerics went into survival mode, closing the Strait and attacking their Gulf neighbours. Trump couldn’t have screwed this up more effectively if that was his the plan all along - we all lose and Putin, China and Iran win. Moronic

Agreed, but it’s helpful - as was the recent UK govt grant to Tata Energy to build a gigafactory in Somerset. Ilika is working with Tata’s Agratas, albeit tech for the factory not decided yet

Not sure if LSE will let me post the link below, but if not then you search for “this is money” and “Ilika” and the article will come up

https://www.thisismoney.co.uk/money/markets/article-15728769/amp/SMALL-CAP-IDEA-Ilika-cracked-problems-beaten-BYD-Toyota-Samsung.html

Got any counterarguments to the points I raised, or just childish insults?

Itsawrap - you just look desperate now. Take a look at what needs to happen to force a judicial review, and for that review to then overturn an EA decision. Then remind yourself that the EA took almost two years for its review. You’re grasping at straws.

On a more rational note, Rohan Oza would have got his own experts to take a view on WN before adding to his position. So we can assume that now his experts as well as both Corelab and RPS all think WN will flow. There is nothing for this in the current share price, zero. If it does, shares are worth many multiples of the current price

You made a bad decision to sell at the lows but the upside is still huge from here. Either buy back in, or move on and never look at RBD again. Posting nonsense on here isn’t going to make you feel better.

WN permit variation - the one you said wouldn’t be granted - took almost 2 years to get approved by the EA. Who are you blaming for that delay? RBD? Rathlin? Bramhill? Or the EA.

Actually, scratch that - literally no-one cares.

Yawn - they’ll apply for and be granted an extension.

At least Rohan’s has family ties as an excuse for backing Sachin. Heid, what’s your excuse for backing Kamran? Is it your legendarily bad judgment (Bramhill says hi) or are you simply being paid? Either way…..

Beacon now trading again and at 4.7p, seems to be 124m shares, means c£6m MC. RBD owns 29% so worth about £1.7m

RBD shares were at 0.055 pre Beacon deal, so at 0.09 have added £3.5m MC since then. Given value of RBD’s Beacon stake is £1.7m this means MC has added £1.8m for

1) The €16m NPV future cash from CS

2) The permit variation approval at WN

3) Rohan Oza buying a stake in RBD

Is this right? Maybe I’ve done it wrong

Itsawrap - RPS and Corelab, both highly credible technical advisors/service providers to the O&G industry have done detailed work on WN and believe it will flow. Rohan Oza has presumably bought into the shares because he thinks WN will flow. What’s your reason for thinking it’s unlikely to flow? Apart from that you sold your RBD at the bottom and don’t want it to go up any more than it already has.

Really? It’s very simple. If the market thought WN was going to flow then RBD shares wouldn’t be at 0.09, or anywhere close. And if the market doesn’t think WN is going to flow then why would the shares move on gas prices? So they need to prove WN will flow. Thats all.

If you think an investor worth >$500m bought into a Uk microcap to make a million or two by flipping it on newsflow then fine, but I strongly disagree. Why would he bother? Either this purchase was a straight family favour or (far more likely) he’s here for the Data Center potential.

Greypanther - did you look at the work that RPS and Corelab did in 2021/22? Not sure how much of it is actually available, my understanding was that pretty much all the confidence that Rathlin/RBD has on getting WN to flow is based on that analysis

Thanks for your input as always Heid. Last I looked the share price was still double where it was for most of last year, and trading volume so far this year is 7x last year average. But hard to tell without your regular and helpful updates on share price movements.

Maths aside, given you backed both Bramhill “an” Kamran I’m not sure anyone should pay much attention to your opinion when it comes to character judgement.

Not too late to be on the right side of a share price move for once! Have a great weekend

Not too late to buy Heid, you can make back some of your enormous losses from backing Bramhill on UJO alllllll the way down

An if they don’t?

An if there was a deep-pocketed investor buying into the company?

An if they get it?

An if they don’t?

This game is fun isn’t it