Member Info for steve58

Same old story.

21021 @ 19p was definitely a buy.

Showing as sell.

What a bargain.

Next week could get very interesting here.

On 16th April the company raised £10 million for drilling etc.

Lorna was given 3 million options at 10p so she hasn’t done too bad considering she has only been on the team for a few months.

All the more incentive for a successful drilling campaign.

Excitement building to hopefully the first helium show.

If not night drilling about 36 hours.

Someone will have to slot in the rate of drill etc.

Helium drilling not one of my better subjects.

Looking at the figures involved.

Seems little if any profit in the deal IMO.

Also there is asset backed debt of £1.9 million not sure on that.

Also transaction costs of £200,000.

Had a quick look at the accounts.

Maybe that sentence should have included fees.

Looks like the aborted deal cost about the same in fees etc as what they are investing in the new deal.

Hope it all works out here but given the investment amount looks like a very long time before they actually make a profit.

Morning Chris.

At last a deal.

Rather small compared with the aborted one dyas one.

The amount invested is small so without looking further although that cash will be earned it probably will not be much.

It will be interesting to see the cost in fees of this deal.

Good luck here. The sp will probably double knowing my luck.

Still far from impressed and yet another change of strategy.

Not too sure how shareholders will react in the vote.

Looks like a bit of competition and 12%.

Maybe a potential buy out looming.

I'll stick to fish and chips.

Maybe a stick toffee bat pudding for afters.

That's all the world needs.

Chinese bats with squeaky voices.

Almost forgot its mine on 17th.

Another year gone.

Fire brigade on standby to put the candles out.

50p would be a great start but I'll take £2 any day.

To predict the day or even the week for the drilling to commence is very difficult.

DM said early June so hopefully next week.

A few days delay for whatever reason should not matter.

All that matters is that the drilling goes to plan safely and their are no problems of a major significance.

Should by all accounts start by the early to mid next week.

If helium is found in anywhere the quantities envisaged the sp should respond accordingly.

I for one will be very pleased if this is the case.

They say money can’t buy health and happiness but I’m sure for many of us on here will be thinking otherwise if things go to plan.

Thanks for that.

Somebody certainly needs to sort it out.

They have options available to them but do nothing.

I did contact them regarding relisting, however they said the costs were in the region of £300k.

Without relisting the company will go nowhere. Once nxt ipo’s our investment should be worth around a million pounds I calculate. We can then relist have about £700k in the bank and become a cash shell similar to Attis. I’m not sure if shareholders will get a chance to say anything at the forthcoming agm. I think however, the board need to be given an ultimatum. Do something to enhance shareholder value or find others that can.

Enov Partington is a director of nxt tec and also involved in a company called blueprint homes in perth.

Could be a tie up between the two companies. One designing and the other building them.

The blueprint homes website shows many designs that look as if they have used nxt system.

Far from it.

Nxt will at some point soon have an ipo.

The value of our investment should increase by a multiple of what it is now.

The board will then be able to monetise it and maybe do a similar deal to the recent Attis helium one transaction.

The board supposedly have a lot of experience, however, they have shown none of this during the many years they have been here.

They have made a few promises over the years but without saying it they have imo done nothing.

I expect the update will just consist of a set of a fairly useless set of accounts as usual.

Imo they need to contact nxt, we are still shareholders albeit a 1.3% holding but shareholders we are.

I’m sure nxt would tell them what and when things are happening.

Not at all impressed with our board, I know their is little in it for them financially at the moment but I’m sure with a bit more work put in it could all change for them and the long suffering shareholders.

Imo once they have the investment at a stage that it can be monetised (post ipo) the company can be relisted and become a small cash shell with losses of a few million. This can then be used against future profits.

We then may get a fair proportion if not more of our money back,

Should have accounts soon which will meaningless imo. The board are here in name only have done nothing in four years.

Why not just do something similar as to the attis helium one tie up.

The former attis shareholders are doing quite well for themselves

Come on board do something.

May well do.

Seems a bit of upswing on the sp.

Maybe some are of the opinion the drill is days if not hours away.

Nothing to stop them starting over the weekend.

The only downside is that wallpaper.

1960's or what.

Apparently we are down. 00045%.

Drilling only a few days.

Up 4.5% 45% 450%.

Better stop there but if drilling goes to plan I'm hoping for the last one.

GLA

0.55 to 0.65 helium content.

To think we could have nearly 20 times that.

Drilling very soon now.

Exciting weeks ahead.

Feeling lucky punk.

Was that a big helium show.

Go on DM make our day.