Member Info for Superda

88 Energy Managing Director and CEO, Ashley Gilbert, commented:

"We are now fully funded to undertake Hickory-1 flow test operations during the upcoming winter operational season in Alaska. Burgundy's failure to rectify its payment default to date is disappointing and has necessitated the raising of additional funds. However, if not cured their default will enable us to exercise remedies under the JOA which may include the potential for 88 Energy to move to a 100% working interest in some or all of the leases within Projects Phoenix and Icewine West covered under the default.

We are also excited about commencing initial exploration activity on our Namibian farm-in acreage. The Owambo Basin delivers large-scale hydrocarbon exploration potential across a highly prospective and underexplored acreage position."

Thanks Quant !

Sorry new here ?

Do you think fundraise needed now, considering the new contract win ?

Was thinking about putting money in, but see the recent spike and dip. So was confused!

RNS on 14 November says -

As previously announced, in order to exit the TSP, it is expected that the Company will be required to raise additional funds. Whilst the structure of this is not yet known, the Board believes it is prudent to put in place sufficient authorities to permit an equity fundraising. Should any fundraise take place, the Company will prioritise structures that would enable existing shareholders to participate on the same terms as any incoming investors.

Is that why the SP went down earlier ?

Looks like preparing for breakout from 1.20 ! Next hopefully 2.25 as Zak predicted :)

GLA

Looks like Pinnacle Capital is connected to Australian based https://pinnacleinvestment.com/, considering Amte’s existing Australian connection with InfraNomics. Any thoughts ?

I hope we will get to see a RNS with details ! GLA

For green industry firms !

House of Commons Committee report, with recommendations to government. The Government has two months to respond. AMTE was part of the consultation and you can see AMTE’s response.

Check the link -

https://publications.parliament.uk/pa/cm5804/cmselect/cmbeis/196/report.html

https://committees.parliament.uk/writtenevidence/118548/html/

Noticed a few big spikes on the chart ! Could see some buys later on ! If that’s the case we may get another RNS soon ! GLA

Https://x.com/share_talk/status/1726342309816766532?s=46&t=WuyCAqCnuctRxVwyXpOFyg

This afternoon will be interesting ! GLA

RNS says - It will be the intention of the Company to cancel the admission of the Ordinary Shares to trading on AIM and to seek admission of the Company's then issued and to be issued share capital to the standard listing segment (or any successor thereof) of the Official List and to trading on the London Stock Exchange's Main Market for listed securities, once AMTE Power so qualifies;

There must be something seriously big coming as right now the mcap is so cheap. Main market requirement are far greater”

Do your research !

A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty."

GLA

Masdar Arlington looking to expand UK business ! GLA

https://www.thenationalnews.com/business/energy/2023/11/14/uaes-masdar-considers-transformative-acquisitions-to-expand-in-us-and-europe/

GLA

RNS anytime ! Hopefully with the funding news !

Https://www.insider.co.uk/news/amte-power-makes-progress-potential-31423942.amp

RNS says - As previously announced on 18 July 2023, integration work, testing and partnership discussions continue with multiple entertainment Majors in the US and the Board anticipates that one or more of these companies will ultimately contract with Mirriad by the end of 2023, at which point a further announcement will be made.

I think this will rerate soon ! Already Zak predicted this to touch 3 by end of November. Remember, this was in 20s last year ! I also think a take over in the card ! SP is so cheap for a company who has got over 35 patents and world’s leading AI-powered platform in-content advertising !

Top of the leaderboard now !

34 mil bought and no sale ! Up 42 % now !