Member Info for spike912

It’s riddled with debt and loss making

Jesus this is being ramped by some. Newbies beware of the spike

Have been saying but no one listens. Hey ho

A_mill you really are a ****. Go enjoy your blow up friend again tonight as I assume that’s about all the friends you have

End of the day we are down, so whatever buy it maybe, there have been large sells over the last few weeks and minimal buy, so likely old sold stock being moved hence the non price increase.

I don’t think Timo would be buying more, he’s getting too close to the limit and even he isn’t an endless pot of money

It’s more likely wealthy individuals given they are now longer as “often to dictate an accumulation” as before.

14 weeks and counting to partner news (max!)

Halifax is crap if your mobile and not on WiFi. Very hit and miss. If your WiFi or desktop your normally fine

Sankeys, I couldn’t actually believe how bullish they were in the RNS.

It felt as if they were telling us to load up!

Possible timeline;

12th September announce clean up
Allow “a few days” say 4 days = 16th September
Set up test, and test on various choke sizes, this could take a week if testing on various sizes, plus logging, digest data etc
I assume they would also want a few days to see the decline on the flow rather than issue top end flow rates for a decline later

My guess is all this could take a good 7-14 days unless they want to flow it like an EWT for 14-30 days

My guess is probably news next week

However, people need to realise, the “few days” in the RNS was to clean the mud NOT to test

We do not know, and not been told, how long they will flow test the well for. We all know some companies run extended flow tests for up to 30 days

Imo no news is good news.

No flow and we would know pretty much on day 1 of the testing. You can’t stimulate a flow that deep after it’s been perforated

Thus, we would know very quickly if it didn’t flow as there is no point testing for more than a day

The fact we are now at day 7 (in my eyes) means we must be about to test (depending on mud clean up) or on test

People shouldn’t get hooked on the “a few days”.

“A few days” is simply one part of the process

Longer the wait, the more positive in my view

Just noticed they are having an investor and analyst call on Monday with the interims

Interesting. Have they don’t this before with interims? Something expected?

Another 300k buy now popped up

Buy prices varying up and down on each buy without any real sells

Jace, well there's not much to read really is there lol
But you can obviously see the secret message in the one liner RNS.
Give me strength lol
NT to sell. Oh dear, Friday/Monday repeat

Slowely be careful what you post.
You are factually incorrect, I did not state what you said. read my post.
I said it was simple admin.
No more.

Be careful

4 x 100k buys and now 2 x 230k buys yet down and the buy price moving up and down

Someone confident today?

Big buys

EGM would be needed, which needs to be given at notice which if I am right ends today/tomorrow

Yes I agree why not notify, this is poor from the Nomad. Are you thinking its a secret message lol

I see A_Mill is ramping to high heaven as usual, with 90% of the posts his.
It is an admin change, its not even price sensitive.
No doubt Nomad will confirm.
Talk about reading into things that aren't there.
They have changed registered office to their broker address for correspondence whilst in suspension. Its really no rocket science.

If they had an RTO to announce there would be no need to change address at this stage.

Low volume, and up on herd mentality

I hope you guys get the RNS within the next 2 trading hours, or your money is locked up, maybe to come back, maybe to disappear on a delist

Red or black......place your bets.

Should get an update the status of partner deal within interims next week imo

Not much else to say in them we don’t know, unless we see a bit more results which is unlikely before interns out

4 x £10k buys popping up
Looks like a filled order given timestamp, same buyer, taking a cool £40k

SLN for example, when they tied up a partner earlier this year, not a huge deal but a good deal, fairly norm for Pharma, now valued at mcap £184mil

Granted you can’t always compare Pharma due to type of drug, but on that basis of a mcap in the same area (which I don’t think is unrealistic), that would give a share price of £4.60.

As long as we don’t issue too many shares in any deal. I believe with SLN the partner subscribed to new shares at a premium but only circa 5mil shares but they got worldwide license for the drug, $20mil upfront, plus milestones funding, with SLN taking royalties on future sales.

Something like that here would be nice

Zen, yeah, that’s it. Buying on the bid. Very odd

Partner news only maximum 12-16 weeks away.

Was having a look at what we can expect. We know T will be funded by a partner but will we progress clevegen or partner up on that too.

With Timo holding a large part of the company I see no need to dilute anything here with a partner, and I really hope a “share issue” doesn’t come up giving stock to the partner for cash, which, due to the low free float could be a possibility

But on a run of the mill, average partner news (depending who it is or course), should see us over the £100mil mcap mark or circa £3 imo