Member Info for SuperRoty

For anyone buying in now you get most of your cash back in a few weeks and the rest will earn between nothing and 300% plus. Quite a risk v reward game changer.

The overall deal is poor for LTH ers including myself.

Anticipation of Jamaica farm out will shortly ramp up the share price. In the meantime remember the RNS 17th Jan 2023. £2,45m should be about to land in the bank for the sale of Maria discovery.

https://www.lse.co.uk/rns/UOG/apa-signed-conditional-sale-of-maria-discovery-imj0q4dtzcchzkv.html

I'm out and will buy in after the placement

The placing was done too near spud. It'still the churn of placing shares.

Looking at PRE shows the risks involved in financing big projects. #MKA needs a buy out to concentrate on recycling.

We also know they are producing over 20k bopd. Subject to oil price 2023 should be even better.

I like these paid rampers. It makes it easier to know what to avoid. VRS is one of them.

very interested to read the details of Globe's MDA to see how good the terms are.

Looks like the market ain't read the article.

Thanks for sharing

Just bought another 79,920 shares having to pay 11.88p per share. Now holding over half a million shares and can see a sharp rise here to 20p, (possibly this month).

Distressed seller, no need for an immediate fund raise, 2023 drilling campaign funded, disposal on the cards. MCAP below cash and no debt, but a large facility that can be drawn upon. MCAP below cash

The Board should have raised more cash. The market knows more money is needed to flow test the well and after the poor PANR results no one wants to risk much capital here. I will buy in again after the results and the next placing.

thanks now I understand

is Blackrock in trouble? They come across to me as a complete bunch of amateurs as to how they have approached their exit. Surely there are other ways that would got them a better consideration, such as negotiating a private sale.

I would love to know their investment strategy because I want to make sure I avoid it. Dare I say maybe a touch of individual insider shorting taking place. Still thank you for letting me load up.

I understand as to why Blackrock may want to get out but their selling policy is nearing insanity. LBE has cash in the bank to fund their immediate drill commitments and the risk of an immediate placement must be low. I want to buy in here substantially but their continuing selling means that all potential buyers are holding back. If I was in Blackrock's fund I would be seriously questioning their wreckless approach and the fund manager's ability to do the job. I have seen Blackrock do this before in BCN where they brought the share price down to around 11p from the £1 they paid. I bought in heavily at about 13p and bagged three times on my holding. They desire to sell in this manner has created a most welcome opportunity which I will use to my advantage. There is a big drill coming up which should create some excitement. The issuing of the wrong RNS shows the quality of staff Black Rock employees and their investors are going to be pretty angry if they doing this with their portfolio. Buy low and sell when the market buys. There is teh potential to make a killing here courtesy of the distressed Black Rock.

No surprises with the fund raise. Now a buy.

Mr Bubble. You deramping here as well. Good luck mate.

Ran out of money to do a paid interview with proactive etc ?

Well that's it now in an RNS.

Who's the plonker putting it public on the website. Wouldn't want to be in their shoes.

Hopefully they will put future drill results on the website before they are announced. Lol