Member Info for TankerQ

Bluemoon71 - at this level I expect market priced 85% of it, nevertheless, and righfully so, I dont see us winning that one, while looking at insiders would maybe make me believe we stand a chance... on the other hand I doubt we break 20p bottom and imo I am taking as much as possible coming days... hopefully december helps everyone adjust buy-in avg, and then we can look forward...

If this ends in M&A at these low prices, authorities would need to look into SP manipulation. All I am going to say on conspiracies.... bad news after bad news, meanwhile no news at all nor marketing.... market cap under 300mil USD, sometimes I feel this forum with good crowdfunding could take it, how much structures need cash in advance for commercial enterprise 25-40%? there you go

Could we see another 10% drop - Yes I could see that happening, but at this point IMO its a good accumulation/entry point

Jsremus - by the time this will reach 1GBP you could make same ROI on chip/defence and potentially no matter how tragic it sounds SP500. There is just no math in it to be 1GBP, math is not mathing, our debt, zero growth projects and easily calculated production does not push us there anytime soon... but markets are markets and everything is possible.

Sustainable Capital sounds like 10 analysts each with 8 year industry experience saying they have overall 80 year industry experience, my guess is they were in for quick pump and dump on 10 mil and lost, so now they cover by lowering entry price. From all I could find on internet I would not want to be taken over by them (sry Sustainable Capital, with all due respect we are not also that sustainable, hope you can understand).

JMAX - I dont see this dropping below 10p even if we lose both, which is very much a possibility. I would rather enter 2025 at 18-20p than at 40 which was somewhat of a cemented ceiling for some time now.... meaning a chance to improve entry level price, and grow to 30p which is 50% growth at these levels. Back to a drawing board moment...

Best of luck!

Supercooper... I was sarcastic on my post. However, you summed it up well, there is no incentive for anyone, yet I think USA will continue with their plans and it might come down to this... lets see, I just threw a curve ball (since everyone is trying to stay overly optimistic), its important to know there is other side of play as well.

Waiting for oil flush? US production increase under Trump followed by OPECs (Saudi...) flush. Anyone? Its a distant possibility this geopolitics ploy plays out, but if US is to "drill baby drill", incentive is there for OPEC to teach them basic maths...

Antonvb - if not already you should be a lawyer. But truth be told Kodak was developing film while others made digital photos, what could've they done. People lost interest in real photography.

Truth is good management would not leave it to us on forum to think of what could've been done better or not, worse management on the other hand I can agree would run this into a ground. Rahul and Co. are not ones to blame, but can we do better management visa probably, however bigger chances are doing worse... with that said, the moment you need to defend someone who is paid to do something, its a lost battle, we are still running hence not here for sympathy if he cant do the job, lets bring someone who doesn't need public defender.

...and the reason why the idea is not working, imo as I said we have very difficult assets to manage and once vultures are aware what we are trying to do, everyone will turn on the heat and ask for more money... not to be taken out of context I think management plan was sound and only reasonable one but execution was terrible, and now we cannot shake anyone cause everyone knows we are in tough spot and are wanting to squeeze us...

Truth be told the company is in difficult situation navigating very difficult assets and its not doing it In the most efficient and effective way. With that said, TLW sub 20, even 20-ish a buy imo. Question remains with better management would we be able to navigate this situation better? Probably yes, that is the part that maybe hurts. We lived thru oil prices ranging from 80-110, yet each year we lost value, stock is extremely volatile and has no grounding. Regardless of it being undervalued for some (me included), no big played would invest given the situation; either it’s a sinking ship or management is sinking the ship… sooner question is answered, sooner we will know what foundations this stock has… thinking of the cleaning the debt idea they had, sounded perfect, however its not working and we are only getting drier…