Member Info for THEHOTTICKET

ok,if you say so. Its just not many others seem to think 12-14p is realistic as clearly no material share movement following this RNS. So glad you see it better than most. have you considered being an investment advisor? Top man.

HI Rich, I was under the impression that it is ok to express an opinion. All opininions vary and can be positive,negative or neutral . Don’t get your anger at my opinion . Just an opinion . Would love the share to hit 10p plus.

Ok scenario could be Algy says to his mate Need this to fund another year and second tranch but underwriters need it sold or won’t proceed. You buy at 1.5 and you can sell at higher price at some point or I will take care of you if tanks below . Anything possible. One would think that Algy would take up some if he thought multi bagger coming. If anyone would know if a farm out was coming surely it would be him.

Not a deramp just stating my thoughts. Clearly he has brought the total first tranche at 1.5p Algy did not participate. There are many reasons one could construe from this single purchase both good and bad. We can only guess.

OK Let’s have it your way Demand for gas unbelievable . Algy will definitely find a farm out partner. Roll up roll up. Multi bagger !

Opinion that there are very few companies looking to invest as surplus gas and oil everywhere.

I hope I am wrong as invested here but everyone I know in the oil and gas business is of the opini

In retrospect I think you are right,probably a buy.

Not according to whoever sold 2.5 million shares!

Nice of mms to show delayed sale now.

Well does not seem to have caused a stir.

I may be reading this news wrong but seems to me that Algy has had to get one of his mates to buy £250k worth of shares to get the lending house to release first part of funds. Does any one else see it this way and it is thus no big indicator of anything .

The fact that the underwriters are only wiling to underwrite in two tranches clearly demonstrates their lack of faith in this issue and that as soon as they can either recover their monies they won’t release the second tranche . As I said Algy has had the begging bowl out to get this million .

Algy Duff not Cluff. No one interested . Disgusting .

I hope you are all correct. Just seeing it as I think it is.

Hey Blakeney Good take on the current situation. Company is run by heavily invested individuals who certainly want to make a go of the mine. If the diamonds are found it will pay off. Pure and simple punt at a very cheap level.

Begging bowl is out Trying to find underwriters to undertake fund raise and at what price for a company with no income and what looks like to me no prospective farm out partner. Not looking good .

I must compliment myself on reading the situation perfectly . Totally in line with Chairmans report. Simply outstanding. .

So , assuming break even is very close and we see 2m profit in the future with increased production and a few bigger stones a capital valuation of 15million is not unreasonable in short term. Naturally Directors options in place will dilute this once shares hit their targets but seeing them exercising their options is only a good indicator of future increases in the share price. At sub 3p this is a very fair gamble in my opinion.

Algy had his begging bowl out now in the farm out room. No offers on the table to speak of. He will struggle to get investors at 1p here. Too much supply in the market and it's goodnight Algy .Time for the hoy chocolate .