Member Info for Tex2374

This share is a little too tempting (I have no idea why to be honest).

I think I’m about to break my AIM rules of investing and buy a few more.

Then, if JAN can ramp up the old PR machine a bit that would be great ! :-)

IBAB you’ve posted 500 plus times in the last 30 days and actually your average is falling. I think you were above 600 at one point. So the reality is that you’ve probably posted over 1500 times on SXX in the last 3 months :-) :-) :-)

Some good volume today and a nice push into close.

Hopefully it continues next week.

Nice to have a quieter board.

FOMO

I agree.

The sticking point is what level of dilution versus what level of sentiment increase which will attract MAJOR investment into the share.

It’s a simple calculation. If dilution outstrips the sentiment gain the the price goes down. The other way round and the price goes up.

That question will only be answered once we know the details of any deal and the market reacts to it.

Govt has no part to play here. As I have said before, we will run out of cash before any (hypothetical) govt support is provided.

“ What surprised me most on this long road is why a strategic partner wasn’t brought on board much sooner. ”

Very good question. naivety? Greed? Lack of experience of a project this size?

Based on the exit polls it’s a conservative landslide victory. Crazy majority.

Is JP still in charge of Echo?

I agree it will continue to slip till news. However, there ‘may’ be a bump tomorrow in anticipation of a Monday morning RNS.

FOMO and all that :-)

Given we are towards the end of the period (which ever way you look at it). I would hope that there is some sort of update, even in the case of any ‘complications’ which are delaying progress, which can happen.

Generally speaking it doesn’t take anywhere near 45 days to drill. The elongated period was to also do the analysis work as well. Therefore, I find it unlikely that we could be looking at a duster as this would have been known for probably 2 weeks now.

Personally, I prefer a Monday RNS so will be keeping my fingers crossed for that and some positive news to raise spirits :-)

To be brutally honest Groupplease, this board is dominated by ongoing battles between 4 or so posters which completely destroys the value of the board. There is minimal opportunity to start up a decent debate and even if you’re a holder and mention anything slightly negative you are branded a troll immediately.

It’s a real shame when a board gets like this. You always expect the normal ‘lively’ debate on BBs along with the ‘get out now’ crew and the ‘£1 Christmas party’ gang, but this is at a different level.

Shame really as I doubt it will change. Just my opinion, maybe others find it funny and are more tolerant than me.

Any chance of a coherent sentence Danny? :-)

Hahaha Bellers.

I have a young family and can relate to that.

I recon we have about 90 minutes of peace unless he is on his phone at the pub.

I will catch up on the conversation later tonight. I’m out on the monkey 47 now. (Well actually I am sat in a bar on my own awaiting people to turn up for Chrissy drinks(.

More like the voice of the mysterons!

.... no offence :-)

Boom! Yeah I sort of set you up there (no need to say thank you).

Let’s agree to disagree on this share. I was inspired at a young age by chicken little, hence I am invested and materially up.

If I say the Earth is round are you going to start preaching Flat earth theory to me?

Having been through 3 acquisitions and several M&A situations this is not my experience.

Admittedly, these were a bit larger than this one and not in the same market. Usually, the potential buyer foots the cost and this will be credited back if a deal is struck.

In the case of SXX that cash balance would be declining pretty quickly if they were funding due diligence for any interested parties.

As you say maybe we check with IR.

Guys. You will never win this conversation.

Whether we like it or not, or agree or not, the points IBAB flags are the fundamentals of why the share price is at 3p

Personally, I believe that there is upside to where we are at the moment but the market does not.

IBAB you are listing the reasons why we are at 3p. The fact we are at 3p and not 0p shows we are still in the game. Therefore, we are back to where we were earlier.

We are where we are. Things don’t look good. Share price reflects this. You think the risk of things going badly is too great to invest. I think it’s worth a punt and a solution will be found that shows upside from here.

End of.

Only point I really disagree with is your description of tyre kickers doing due diligence. I’m sure you know how much due diligence would cost for an acquisition like this. So I would say they are a little more than tyre kickers.

Not at all, opinions are good, the question is when does opinion become religious rhetoric? I hate either end of the SXX spectrum, the £2 tomorrow gang and the titanic get out quick gang.

BTW you forgot the van driver and the lady (good friend with no reason to lie) in the restaurant who overheard a conversation.

Right, have to fly I have a meeting to go to. Tough at the top and all that :-) (I'm a chimney sweep)

Yep, you've posted 255 times on SXX in the last 30 days and finally we have the same view.

No one knows what will happen, only an RNS will tell us. Therefore, neither of us should be preaching our views.