Member Info for spike912

If you listen to JP, imo it was a very astute move.
He stated that those that took the placing were only interested if it wasn’t open to the retail market as they didn’t wasn’t people selling. What’s that telling you? They see value and want to hold! You don’t request to not go to PIs if you don’t see value, clearly they see what’s here and want exclusivity. Again why do that!? Sticky hands

This not only protects PIs but ensures we are diluted to the minimum.

Look at other AIM companies, not giving a toss and diluting to the hilt with death spiral loans.

JP hasn’t done this, and has serious skin in the game.

Personally I think he made a very tactical and bear minimum placing knowing this would be the best way to protect us.

The clever ones also see how he has clearly negotiated with NAE on our behalf. Again astute move

JP could have quite easily done a open market placing for millions at big discounts. Then we would all be moaning!

We have to give him credit as when I listened to his interview I felt “yeah you’ve made a sensible move”

Clever, astute and protecting the PIs whilst still looking to create shareholder value. I have no problem with that.

Sounds as if the $4mil is on its way, and simply politics/paperwork/procedural rather than “cant pay”. If it was more drastic I would have expected JP to raise more than he did. For that reason I believe he knows it’s on it’s way, as two quick raises in succession would kill the share/sentiment/confidence. JP knows this

Faith remains here. Bump in the road that’s all.

We have to remember that conditions precedent could take a few weeks. We are reliant on a number of things happening in relation to the WI before execution of documents take place
With deals of this size and no doubt lawyers in various countries potentially we could be a few weeks away yet from the next update

Imo I’m personally not expecting too much until end of July. Anything before is a bonus for me

Happy to wait if we get the best deal we can. Cost pool recovery is the big win in my eyes as cash will always be king

Could be a month could be a year. No one knows as no date has ever been set by the company

Take 88e....granted different sector but took two years to get a partner after being in “advanced discussions”.

Just gets rather repetitive day in day out, share price drops a penny and “partner news due soon” lines comes out like it’s on a limit order lol

Zen, please. If I had 50p for every post you quoted “partner news” I wouldn’t need to invest in aim, I’d be a millionaire

I think we get it and have done for the last 6 months, you believe partner news is due, but please mate we don’t need it on everyone of your posts. Rather getting like a broken record now

I do find it odd that after all the recent PR and interviews no one seems to have asked the question about core results, seems very much focussed on EWT in the next 4-8 weeks and not any mention of core results, which should, in theory, be with us a lot sooner

Jiddy, just saying keep to the facts, no need to get on your high horse this early in the morning. Your post was misleading imo new investors, so I simply added clarity. Grab a snickers ;)

Jiddy most of that is speculation on your behalf
You seem to know the deal before the market
Tier 1? Cash up front? 30% WI?
Come on buddy it’s all guess work at the min hence the paltry 1p

Simple, more selling than buying as if it wasn’t and with such small free float, price would rise. It’s not simple
Can’t believe all printed buys and sells

Looking very good indeed. Progress seems on track :)

It will all come down to the finer details of the deal.

The deal will dictate the share price so it’s all guess work at this stage and will depend if we recover back end costs for example as a cash payment and the % of free carry etc

What’s happened to the core samples? Focus seems to have shifted to simply EWT? Aren't we expecting news on cores still before that?

Well until the selling stops we aren’t going nowhere price wise. My £1.15p tip up looks expensive now...ouch can buy under £1.03 now

How do you define “due” as from what I see there has been no date issued for partnering so any “due” is pure individual speculation for clarity

Can we pack it in on “partner news”. There has been NO confirmation of any deal, news, nothing.
Simply the CEO saying he’s talking to them. It’s getting repetitive now.
Everytime the share drops a few pence the “partner news” line pops up.
Simple maths plenty of sells have dragged the price down

Sorry wrong board!

Are you thinking of 88E?

Been away and catching up. What’s the goss on this rumour?

Look out grammar police on patrol lol. So sad

Docit, you sound like you have inside information. Be careful is my advise as you sound like your “in the know”. Either that or it’s just personal opinion and speculation

“Partner news on its way very soon”

Speculation not fact

Share price drifting daily

Thought adding at £1.15p was a bargain

Clearly not!