Member Info for Soundingoff

Mike- Not a lot has changed for the investment opportunity here despite what the crew may tell you. It’s been fairly obvious for quite a while we wouldn’t be drilling until Jan/Feb. And IMO there has always been the chance we would need a small placing. That’s still unclear. The BOD are incredibly poor but the potential asset is not. When all that is done, your investment will see a return leading up to drilling.

The trouble is that you and Jim have gone over the top (no pun intended) now. It’s quite obvious no one would waste this much time on a share they weren’t interested in. Newbies indeed...

I feel for you jim, rather sad. I said drill Jan/Feb and here we are... nothing surprising. Anyway, you crack on with your work. I’m enjoying my holiday and getting more cheap shares thanks to you. Don’t work too hard.

Agreed maestro, if they did need a raise (hard to tell either way) it will be £1m or less.

PIs or those that got out last time..? It's been rinse and repeat recently. Buy, let it drop, buy etc etc

Agreed Rich. The one division clearly needs some improvement, but the others are performing very well and more than compensate. I think the events since admittance to AIM have been unfortunate for this company and over time will trade at a much higher multiple than this.

The PE ratio is rather silly. I can't see anyone voting him back in. You see it all the time, the guy just can't let go.

Did you see what happened in Echo? I will be shocked if there isn't a significant rerate.

I don't think the big boys wanted to be in this at the higher p/e levels. I sold at 220 and will look to get back in if it reaches low 170s.

Probably! I sold at the top (for once) and will watch for a while. Very nice return for a few months work.

The Naked Trader looks to have called this one right. He too out a short spreadbet last week.

I've no idea why they floated it when they did, far too early IMO. It needs to drop further, then it has potential for me.

Very disappointing, but expected. Not an easy share to replace in your portfolio.

Even my six year old has voted no.

Only hold a small amount here, but it feels like nothing's changed. Data room etc etc. Absolutely no point buying, as there will be dilution to fund the drinks bill as you say. Far too many better prospects.

Thanks for all the great analysis you do here wolfhound.

I think it's quite clear why this has broken out of 165p. Awaiting the update...

Great news. Been riding this one all the way. Still got some way to go.

Sold 10% here given the rise. I didn't expect such an early return. In terms of tips, it depends what you're into. My portfolio is eclectic to say the least. PETS has been shorted to death, it's had good results and I expect a rise back up now.

More tipping Toastie, or are we seeing the more cautious arriving now?