Member Info for Squeezeit

They should also have a lead time for the equipment needed. Happy the price is above 2p. Guess most of us are still underwater though

Haha...

Daz...buying out Tesla, then going bust cos can't afford the lithium for the batteries!

Had a quick desktop dig and neither Ganfeng nor Sinohydro seem to have any connection with Evergrande. The only risk as I see it, is the collapse of Evergrande could impact lending to other highly leveraged firms. The demand for lithium is global and as we saw the other day other companies and by extension countries want to secure a supply of lithium. Kodal will do well once we get the licence. If Wednesday is the day they sign off licences and this week it is a holiday, we may have to wait. Hope I am wrong as most of my other holdings took a beating today so some good news would be welcome.

@saint-tropez. Thank you, that's much appreciated. Hope we all get some good news sooner rather than later.

Taking all your shares in one go. Is that good or bad?

What's happening today? Hope it's a leak somewhere or is it just FOMO and general bullishness about lithium.

All good though. Up is better than down.

They haven't been getting paid properly for a while. This is good news and is not greedy director behaviour.

1 share for each dollar of profit last quarter!

That makes sense on the financials. If it was a choice would rather have a divi than a buyback but not sure if that's feasible though.

I also think we are being treated like an exploration company, and not a profitable producer that has the ability to increase production with refinement of current extraction process. Sancrai demonstrated that as it was like it was a bust and we were done. I hope we are right and that they can increase production. BA's buy suggests we can and will sooner rather than later.

I agree on the SP being too low but the market is jittery about the production drop. Even a sniff of an increase in production and the price will rise. An update next week would be nice confirming dates and progress. I don't think anyone wants to be relying 100% on high oil and gas prices.

We still owe money even if considered debt free don't we? If I have understood this correctly cash in the bank and the ability to pay this back would be better than a buyback.

AIMO of course

Oh ok..let's hope we get a grammatically correct RNS before the week is out.

Straightaway

Think the same, brought in to speed things up, and put dates to things. I felt the answers in the live presentation were too vague.

I would assume he would issue an RNS the day after it is granted and well before the repository is updated.

Hi Pennypot. Don't suppose you can see if any other mining licences have been granted since we paid our application fee, or have paid the fee after us and had their licence granted?

No idea, but personally don't think there is anything suspicious. Dates of things happening were not as firm as I would have liked. But guess par for the course with oil and gas. I would be happy with 4p but think a lot of holders need more. He said he thought 6p was fair valuefor the business. Good luck, hope we get a result sooner rather than later.

On the call he said decision to suspend was Wednesday morning. As per AIM rules had to report. Was an unlucky coincedence that interim was out the same day.

Gas price for Sept in Romania is about 13 dollars. Up from over 6 dollars per mcf.
Total EBITDA last year over 6 million. First half this year, 5 million.
Sancrai first prospect out of 32.
Pump completion date not clear. Maybe start of next year.

Thinks sp should be 6p.

Bit vague on dates for lifts, pumps and very vague on sancrai as just happened. Schlumberger can't give a delivery date. Ffs.

Feel free to correct any errors above but think all correct.

Is there not a court case in the works that could be positive? Has anyone here got any input on what the next step with Sancrai will be and the chances of getting gas?

Biggest concern to me has to be another production drop. This needs to be addressed as others have also said. Would be good to get an interim update once the lift is installed saying production is up.