Member Info for TheTradersFoocus

Despite good ol "the end is near I tell you" Polls highly emotionally charged claim that any duster on this drill and CHAR will never see double fig sp again I'm looking at this in a more factual based calculated way. Shares in issue post raise and open offer will be aprox 384m....not actually particularly high as registers go. Cash at hand will be around 30m GBP. Based on raise price that gives m/cap of 49-50m. So in the event of a duster its a 39% discount to trade at cash levels.....that gives just under 8p share price. Thereafter catalysts to move share price back up will be , Singing of any partner, worth 20% at bare min , dependant on terms possibly 35-40% signing of rig deal for Namibia, that would be worth anything between 25-40% immediately post announcement.....and will increase further the closer to drill date. Should there be further industry activity from any Majors re Namibia again this will bode well on CHAR sp. If TLW even get a sniff of HC's CHAR will double overnight. If CHAR hit in Namibia even just with minor 50ft column its worth 200-300m m/cap purely because the area really is one of the last bastions in oil exploration to be unlocked. Whoever is first or second to unlock the puzzle will go stratospheric. So in summary to say should there be bad news from this drill then anything below 8p I'd literally put my fooking house on it with leverage, close the screens and walk away for a month or 2 knowing it would be some of the easiest most opportunistic money I will ever earn. The risk on this as a play is now short term. The reward or offer of easy profit before end of year is simply to great to ignore.

join twitter and dm me @5LFour

Hi M.....sent you a mail mate.....cheers

Just been studying the geo maps for last hour, just gobsmacked how close a proximity all the discoveries are to the ECO block......latest being "Pacora" is only 4-6km's away!! It'll be like shooting fish in a barrel when they get a rig down there. Then with Namibia hotting up I genuinely can't fathom why the hell this is still only 43m GBP m/cap......yet UKOG is 63m m/cap. No disrespect to UKOG holders but ECO have every major lining up to either get in or are already operating in immediately adjacent fields. Unless Total are run by a team of absolute windowlickers ( which its not) then fair to say next news will be Total confirming farm in.

Quietly researched this last week finished buying this morn. Never ever known a firm to have so many majors already involved and many more courting them before drilling, incredible indication as to where this is heading. Best of luck all holders, will be some rise this year!!

can hear a pin drop......but not for very long, in fact if you listen closely with ear to ground you'll hear a herd of bulls charging in the distance lol Between "strong" and "buy" pls insert f******

Sorry should have added is this part of one of the new apps they have been developing or a stand alone project. Someone pls corner him with this , many thanks

If anybody actually attending AGM could they please bring up the subject of the meetings ONL have had with London Stock Exchange and see if Clem will comment on what company will play in blockchain development ie clearing trades for LSE. Thks .

Camkite nope your wrong pal, the coins went live only on ADVFN start of Nov at time it was described as a trial etc, but you could mine for them via ADVFN. Many dismissed Clem and team saying it was waste of time etc and the coins would never crossover to be an actual currency of any sort. Coins only just listed on Trade Satoshi so now have a physical monetary value albeit low at this point. This proves the technology, the concept and direction company is taking. As of Friday after AGM this will be only company listed on aim with blockchain in name , a listed actively traded currency exclusive to themselves, a ready set up system with 3000 users holding ADVFN wallets and ability for users to cross over from other exchanges etc

Why take the risk in posting such comment......well there is no risk luv simple. I am not officially inside of any deal, the rumour is what it is and didn't come directly from anybody inside of the deal. The city lives breathes and survives on speculation, it is not illegal to consider such speculation when trading. This is a 253m m/cap firm who's sp is controlled or moved by the city not bb pi's. The city has increased the value of this by 11.5% at current or 16% at earlier highs.....you don't get movement like that without some powers knowing something. Allegedly its a private scandinavian company moving in on them......time will tell if rumours correct.

I wouldn't go shorting this chief they're about to be taken out next few weeks if rumours prove correct

can hear a pin drop

If spelling correctly you have comms test

Fregatr, Hi mate. Started to tap out long explanation but realised may be showing too much of a hand on an open bb considering content of 2 significant calls with IG close of play today by separate parties, dialog ongoing with Spreadex and then potentially notice being served legally to both early next week. All I will say is IG appear to be heading towards a mutually beneficial resolve, Spreadex may not have grasped the complexities involved ;) Do you have a throwaway email addy? May be able to elaborate by Sunday at some point. Slainte

Falstaff in response to your comment cut and pasted imm below "I'll need to read the NEX rules to understand what the legal standing of that price is (I haven't had chance yet, but I've located the Nex Rules for Issuers on line and will review when I get chance.) Even so, I still think IG would argue it's not a 'fair' price" Surely the legal standing of the price is that the brokers, city, clients all accept quoted price as benchmark to trade against everyday. You would consider if they could argue against this price set by exchanges then what sort of mess would markets be in as parties argue about profits made losses incurred against ANY quoted price etc. Irrespective of whether IG or any broker deems delist or new listing price as fair I personally believe it would be extremely difficult to raise a legal argument against a quoted price. The delist and relist prices I quoted were given to me by CHL themselves. These would be readily available to any broker/stock clearing company. Cheers

Freg, if it helps any the official price used by AIM regulators/CHL for the delist was 37.75 and then listing price on NEX was rounded up to 38p by the exchange itself. For any broker or platform to try to quote any other price would simply not be legal. Yes some have caveat in their terms and conditions where it states "unless revalued by us" but that can only be brought into play when there is no official guidance ie equity delists period but by both exchanges valuing equity on exit/entry it sets firm parameters brokers will find hard to deviate from. Also note Core Spreads have set a "precedent" by already confirming their clients will be closed at 37.75 minus the spread. By any broker delaying several days to act then any terms and conditions they might try to rely on can be contested easily (breach of terms/contract)....longer they leave situation more open the remit for client to refuse anything other than either transfer of position to NEX market or close at last quoted price. The move to NEX by CHL appears a voluntary one, albeit with knowledge of a looming deadline but voluntary all the same. Preparatory talks/planning etc must have taken weeks at a bare min which again weakens brokers ability to be wholly reliant on any terms in client agreement. Lastly I can't see how they could wait until say 20th onwards before updating clients of their status or moreso using any news that may be released after that date as a basis for their decision how to execute positions. That would mean they have held throughout a reasonable period when equity already listed on an exchange they do not offer any platform for....they either offer NEX or they don't. SB and CFD providers have confirmed they don't and will not cover NEX so opening point on pricing set takes precedence legally. Lots more I could say but best wait to see how they play it firstly. Cheers

What ever happened to our quiet bb. Sounds like http://absasia.com.hk/product_images/uploaded_images/vit-log-4c.jpg but liquid this company trades is not water.

I was trying to be nice an not call you a twat lol

Moz if ISA move surely it would be 900+900k ....but qty's differ. Sure we're not looking at one of our I's taking out the seller there in one move bud

to see the liquidity has dried right up on RSP ask side, that 100k took out last of 2 M's cheapo's then 2 smaller buys seemed to have made M's reluctant to offer blind liquidity. If there was any placing being planned odd's on chance somebody I trade/speak with would have had offer as they're all the "placing angels" to most brokerages in city....I aint nowt. Besides liquidity would be swamping the book and that ain't hap'n either.