Member Info for theyknowitall

No it’s not, there is no delay it’s going through the ministerial process

CEO giving his view or guess , he should not comment on what he does not know

I’m more focused on a £22m debt free company generating over £10m of free cash a year with multiple upsides

Ask yourself why he never mentions cash or revenue, it’s very odd

As i say a bid for the company will come in soon as current fundamentals are not sustainable

Stiffy is right but he undervalues the future revenues bless him

I would focus on the here and now

No debt

Cash rich

£1m per month revenue

OPEX monthly costs £100k

Generating £M’s of free cash

Mcap £22m

Viura self funded through revenue with 15% production & 10% coupon up to €8m

Best new corporate broker for small caps and they choose you by the way

Tarba deal once complete the 3rd party will declare thier hand

Farm out on tarba once permits land along with cash pays for drilling

New broker obviously fancies selling gets its clients invested and selling the company and earning a nice fat commission

Who cares about 9 more drills later this year, focus on there here and now

If it stays at this SP range it will be bought out simple as that

Calculate the free cash generation over the 20 years cycle of the wells, must be about £500m

I would focus on the here and now

No debt

Cash rich

£1m per month revenue

OPEX monthly costs £100k

Mcap £22m

Viura self funded through revenue with 15% production & 29% coupon up to €8m

Best new corporate broker for small caps and they choose you by the way

Tarba deal once complete the 3rd party will declare thier hand

Farm out on tarba once permits land along with cash pays for drilling

New broker obviously fancies selling gets its clients invested and selling the company and earning a nice fat commission

Who cares about 9 more drills later this year, focus on there here and now

All 3 interviews Angus did yesterday clearly shows the direction of travel

The key metrics are very strong here

Forward revenues up to £2.9m

Sales pipeline up to £5.7m

Contract renewals 96%

Recurring contract revenue 125%

Gross margin 92%

Current MCap only £6m

No warrants or CLN’s so simple clean share register mechanics

What hit home was he said the first Govt contract they got was £50k 2 years ago. The new contract this week took it to over £1m

Cash from govt contracts is the best money to be gaining

He is expecting more uk govt contracts and he stated they are looking at opportunities within different govt depts

Now has 3 new contracts where is expecting further opportunities just like the growth in govt contracts

There are 5 US partners & he said they had about 10 US clients but only scratching at the surface. This is a huge opportunity

SaaS companies business model are excellent & multipliers for valuations are strong anything from 7 to 12 times

Becoming cash generative in Q2 within 12 months of the RTO is good news

Sounds like there will be new contracts announced this month and Q1

Think shareholders will be pleasantly surprised as this moves forward

More expected sales growth before 31st Dec signalling more news in the coming days

MCap £6m revenues £2.9m sales pipeline £5.7m gross margin 90%

Now have 5 US partners which is great news as that’s where the huge market is

Cash called sellers look to be done after dragging this down from 10p

SaaS companies value multiplier makes this a great growth investment opportunity moving forward

Only 121m shares & great mechanics with 60% held by BOD’s / TR1 holders

Technically oversold as the fundamentals just get better

The big news is it’s planned to be profitable some time in 2024

Re rate looks to be in progress

Oversold from 10p

Share to watch for 2024 imo

About 60% of the shares now owned by the BOD’s / TR1 holders

Way oversold and illiquid shares tend to drift overtime on low volume and then move back up quickly on news and with buyers

This story is only at the beginning

Follow the money

UT trades at 9am and 11am of circa 720k

No UT trades at 2pm or 4.30pm so looks like a very odd one off trade

Can sell 1m shares all afternoon so MM's happy to buy them of you

Only 1 retail trade sell today and that was it, no sellers at this level of any note the past 2 weeks as we know

Gap on the chart will get filled.

Only 2 MM's at 6.50p the rest are at 7p and 7.5p

Todays low is a higher low than Oct so all playing out

All a storm in a tea cup

Keep to the facts and read the RNS's, the rest is just pure rumours and blather

Fact is the gas is being produced and the cash is landing monthly in the bank account

SP drops 6.75p from yesterday afternoon to 5.75p this morning on a £20k UT trade of 350k shares at 8am or MCap drops £2m lol

Anyway all gaps on the charts get filled and ticked up once already this morning

277k buys vs 350k sells so nothing to see

At it again today

4 x 100k and 1x 200k buys

Aug, Sept, Oct all ended with higher highs and I expect Nov to do the same

I’m really surprised more people posting on this share don’t buy as it keeps going up month on month

Gas is the transformational fuel and is at historical high TTF prices and will have high demand for the rest of

Good for you Island - all the chartists say it breaks 7p then 10/11p is next stop

Zak also said it by end of Nov so it’s nothing which isn’t in the wider arena

Fundamentals are so solid i just see true value being delivered and 15/20 region moves it towards the broker note

I’m invested from 1.5p and happy to hold so I’m in no rush

Yep 7p will go

Can only buy 100k shares at 7p so nothing in volume on offer

Its all academic anyway as will be circa 11p by the end of Nov and 15/20p by year end imo

Looks like impatient traders or investors with short time spans are missing the point here

The trick here is the current SP is only valuing the selva first production well

Deep pocket investors understand the mid to long term forward pricing of the assets and it’s all about this.

In the future they won’t care if they bought at 6p,8p or 10p

Huge 6/7p base being built

These shares won’t be here for long and once they are gone they are gone

With ££’s landing each month it’s just a simple low risk investment

Great time to buy before the here turn up and then it will be too late

MCap was £2m when the SP was 1.5p and the MCap is now £19m 2 years later

Just patience needed, lot of rubbish spoken on here which is down to ignorance, poor research or just pure under handed tactics which are a waste of time

🥱 Usual irrational tripe

BP pay one month in the rears

eg. Oct Gas is paid end of Nov

Its all in the RNS's

Current offers are

50k 6.75p

then a few more 6.85p and above so no volume

All depends on how many shares you hold I suppose, as I said if it works for you then fine

Only 100k shares traded today so all meaningless really looking at daily swings

Factually you are incorrect as when it went to 7p last year it then went on to 21p which was pre Italian production

As I stated the SP is ending each of the previous 3 months on higher highs and the volume has fallen off dramatically and is at a 12 month low post the large profit taking March - July

The share register mechanics have now righted themself, there are no warrants and the CLN’s have been converted.

The company is self funding for the future 3 shallow look a like wells so no more dilution

At €50 TTF & 72k production before ramp up that’s about £13.5k daily revenue or £5m P.A. When the other 3 wells come on line plus Spain the current Market cap is not representative of this

The broker note of 21.5p consists of 6p just for the selva first well thus discounting all the forward revenue / assets

Either the MCap increases or the company will get bought out it’s simple imo so based on that my logic is the SP will increase from here

This has changed from a risk play to a reward play now and the market will pick up on this

PVE SP is not linked to just selva as they have other off shore assets and don’t have other income like PXEN does from Spain so it’s not a simple read across and PVE SP is actually up 5% today

If you look at the technical resistance levels, MACD, RSI, daily, weekly , monthly charts I think they are looking strong with a BB breakout on the cards

There is no doubt 7p is resistance but that will turn into support. Yesterday there was 100k, 200k, 150k buys demonstrating this

We will wait and see and I wish you well making money as that’s the name of the game

GLA

July SP 6p

Aug SP 6.25p

Sept SP 6.75p

Oct SP 7p

Nov SP ??

Risk being replaced by cash and reward

Big sellers have moved on