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So let’s look at it this way, we are issuing another say 500000000 shares approx one third of current shares in issue , ignoring the outstanding warrants recently issued . I was estimating a 10 p value with one successful drill . Now 7p to 8p with the dilution.That totally ignores the cash raise and additional licensing values or attributes very little to the 17 million raised .
Still worth the gamble up to a solid 5p even now .
I will take up maximum allocation at 3.5p.
Just my thoughts .
Hi Noel ,
If you have a 6 figure holding my name is Tom Cruise .
I suggest we all nominate you to go deep sea and decide on the final positioning of the drill head .
I can lend you a decent face mask and flippers to protect you .
The kipper flies high on the flagpole tonight .
That’s the depth of Noel’s understanding of flag pole analysis from his bedsit .
I believe we are riding on a winner here .
Feeling lighter now.
So three posts so far today and mine is most informative of all three
Going for a poo now
I can smell a large buy coming today .
Filtered .
More hateful posts from Noel .
‘Idiot followers’
You are a nasty piece of work .
Better choice of words would be gamblers all trying to make a gain here .
90 percent of your posts are filled with venom.
No one knows if and when . We are all aware of possible share dilution and employees that could exercise their options at any time . That would depress the share price and in my opinion is the main reason there is hesitation here .
Go back to your bedsit (shared kitchen and bathroom)
Possibly rns of 3rd drill date on the way?
At that point, pre drill I see substantial share price jump.
Probably just stating the obvious.
Hi Noel ,
If you truly believe that’s all you said then you really do need to see a psychiatrist.
Banks of all faiths generally come up with same calculation.
Bit anti semitic are we then Exploration?
Correct no current income but anticipation of income should October drill be successful and other drills in the pipeline .
The by the way paragraph is his words .
RE: Muppet show lyrics26 Aug 2022 07:41
" check out the board over at DELT." - yes, do that, and see how they accuse me of saying things I never said. They are just like the scoundrels on here - they cannot put up an argument based on truth so they resort to lies.
The day before yesterday (the 24th), I said the DELT sp would drop and it did. Yesterday, someone on there accused me of saying that it would hit 3.2p on the 24th, but I hadn't given a target for the day. My target was for the end of the week.
Just like on here, they spew out bluff and lies, because they hate truth. They are fools who have unrealistic dreams of big rises.
This is Noel’s post on one of the multiple other companies that he enjoys aggravating .
My guess is he lives in a bedsit, either with own kitchen in the room , shared bathroom . Or could share both kitchen and bathroom . On benefits that we the taxpayers provide . Mental issues and feelings of worthlessness. Shame .
Anyway it’s lovely here in Mill Hill and looking forward to getting together will all Deltic Winners !
Best to all (but not Noel)
And by the way - I hold a lot of DELT shares. I believe the price will rocket - but not just yet. I do not disagree with them on the DELT board that it will go higher - all I said that got me the shameful abuse was that the big rise won't come until we get the drilling results. See how they can't stand a bit of debate when it doesn't suit their dreaming.
Mock me all you like jonny - I sold my FLX shares (thanks to FK1) at a much higher price than it is today and I sold my CNR shares before the huge drop. Those who mocked me and gave me abuse lost money - that is a that matters.
Sorry you think I don’t bring much to the table .
You all overthink this company .
The company really has nothing of significant value without drill success .
That’s it in a nutshell .
Blackjack game .
Only other detail is whether there will be dilution at some point pre or post drill .
Definitely post drill if dry to fund massive salaries .
That’s all we really know .
The 20 percent movements in share price basically day traders . If the long term funds or major holders start disposing then probably game over .
So bring something to the table then aside from hope of drill success.
Nothing new here that changes anything .
Am not folding my cards .
In it to win it .
Christmas is coming,just not for you.
Each to their own but I agree .
Two scheduled drills and a further will come . Three with even a 50 50 chance of success .
Better than blackjack odds .