Member Info for spike912

Hawk, the lock on cash will be long gone, MQ fee, wages, running costs, that $1mil we will long gone imo. But that’s the problem we don’t know, and the fact the bod act as they do doesn’t not fill anyone with confidence in how they run the company. We still don’t know why the major walked...was the data poor, was the COS so poor that a major couldn’t even make it work? If either are them is the case then it will never be drilled, let alone the politics in the area. I’m frankly amazed people buying in at these prices, bpc have nothing bar hope and lac luster cpr with poor cos. No ea, no drilling, and from memory licenses expire soon too, and no one interested in finding any drilling. Sorry for being negative but I can see anything postive about this company at present, but I hope all those sitting on big losses get their rewards

Smiley good to see uounover here, let’s hope our other share comes good too! All the best

It’s holdong nicely which is good after some good rises. Just need to hold the 0.38 resistance point. Next week will be the fun week ;-)

Guys people make their own decisions we don’t need to keep moaning. Just sit, wait and discuss the share. It’s up to other when they buy and sell

Hawk but I thought you knew the most likely scinerio? They need to get a deal before Christmas as January they have no cash, this has been well documented, so come 8 weeks they will have dilution. They have no revenue, and seem no idea on what they are doing, and soon the MQ fee will no doubt be done. They can’t pay them for more. Mr Potter needs to come out of hiding and update people on the company (which he never will do). I want to know; 1. State of play with MQ 2. Cash burn rate and how much money left 3. EA 4. What happened with major 5. What are MQ actually doing None of which we will be given until dilution announced One major walking has tarred the company and another will not suddenly pop up. Those that still thing the major is hanging around are niave to say the least

Hawk...what’s the most likely solution? Dilution I think come early next year.

Until Potter comes out of hiding and explains himself to us PI’s no one will trust the company with him at the helm. He ****s a deal with a major, exclusivities end and yet we still have no idea what happened, it where the EA approval is, silence on MQ. Shocking. Another aim company run for the bod lifestyles. I still hold sadly in my SIPP but won’t be buying into my own isa at this stage until the company explains

What’s L2 looking like please?

Problem is we don’t know when ratification will happen and I can’t see where the bod have given any real expected timeline so feels as if “how long is a piece of string” for now, but when it comes will be interesting times

Corruption at this best, some things never change here. Was obvious to see what was being played. Welll be sub 1.5 again by close of play tomorrow. Sorry to all those caught on the spike

Mr 1mil buyer back again

Smiley thanks for posting. However I wouldn’t read much into it, Simon gives nothing away in that reply, just sit and wait is what I get from it? I still think they seems while away, where are words like “progressing well” or the like? Very koi imo. Good to see they are in talks but personally I don’t see too much “give away” in the reply (not a dig smiley! Just my take on his reply)

Align invest and promote shares they invest in, simple. Look at pathfinder mining they bought a chunk in them low and behold it’s the best thing since sliced bread (which it is far from)

Mr investment if only aim and the stock market worked on prices in research notes! There are many many shares out there that are not even closer to broker ratings and the like (up or down). Worse on aim. Fingers crossed this one is a good un! Soon find out in a week or so. Newly invested here with only couple k at the moment until I can research more but certainly looks undervalued

Seems a bit of an anticlimax to the end of the day

There is no judge in arbitration, the decision is a binding decision made by an arbitrator. No judge

I would say if money was deposited the company would announce it as it’s material information

So for a newbie if they don’t stump up the cash, this should add significant upside to the SP post this announcement? No? Given they have no money and it’s a given imo they can’t pay

0.5061 to sell on Halifax so nothing for me to get excited about yet ;)

Everytime ask goes up, it’s paid in full. Lovely set up for this afternoon and an rns tomorrow ;-)