If you have any questions for next week's webinar guest speakers (Clifford Gross Ph.D, CEO, Tekcapital, Mark Selby, Chair & CEO, Canada Nickel, Robin Brundle, Chairman, Technology Minerals and Werner Klingenberg, CEO, Goldplat) please submit here.
No news im afraid , just read the RNS its a con Last 40 years this has been passed to different company's without any progress, Then company accounts show no employees but directors , keep giving wife needs a new car. Just to clarify its a clever con on the directors on words , also feel the pain on there ex aim company now delistest due to Fed USA investigation.
Thanks Thetruththe , sorry was taking about the drop from 240p to 20p , then the latter was is the company going insolvent in non news. Loopup is a recovery stage from a massive diversion business module , that's what we have so far. This harmed Loopup , do i think its a business investing yes , is it long term yes Will we benefit this year maybe but next year yes Regulation in countries are changing link up to Microsoft Teams. Take Russia as example have they restricted Loopup in communication , who knows as not communicated. That's the down side of loopup information.
makes me lol the debate on ex employee , well seen this on multiple different shares and can never be proven. However dealing in shares on a known company you work with or used to is inside dealing and can be prosecuted. Suspect that the in the last 20 years dealing in shorting is main stream to general public now and a by saying that you are ex employee and this company is negative sends others to sell. In other words Law or lies , well if its law then its inside trading and sentence if its lies then its Civil matter of law and costly to prove. The person could say i meant a ex employee i know and not myself and was a typo mistakes. It also can be cleverly covered up by the " , "followed by another sentence which when read you join the two together. If you want a lesson on this read all the RNS of INSP for past 15 years , clear sign of deception to all. Anyway Loopup - my understanding is a selected area joined to Microsoft Teams being legislation by telco companies and linking by licence law for each country and Loopup act as a transfer of data , voice across the 90% of the population for cloud data / voice without separate link ups communication or direct visualisation communication. In other word Microsoft Teams may link up direct to these company's but if global can not as you need a link that has the licences. In this case Loopup dominates this sector , problem is that this occurred half way through Covid 19 when pay per minute cost companies hundreds of Thousands of pounds when in the early stages of working at home , as always when you tell you CEO that this is costing ex a new way will be found cheaper. Hence Cloud based communication by Microsoft teams 10x cheaper then pay per minute , problem was country's want control over internet and started changing the law to deal with protecting there interest of control. Loopup changed the model when we all thought Loopup was doing well , rebuilding nearly from scratch and that's the problem communication. Communicate and we will understand but to learn a year later was a poison pill that still taunts this company until proven later. That's my rant , invested 60% under so hoping for good news in the future in the new module.
The Nugget Block energy have is Block XIB , this could bring BP ; Shell or any major to farm in
The numbers are massive for Block Energy - at present could not drill themselfs
Block XIB PSC
Block XIB covers 615 km2 and is the largest ever-producing asset in Georgia with over 180 million bbls of oil produced. It is located in the Kura Basin and is charged by a well-proven petroleum system. Production to date has been predominantly from the Middle Eocene. Only four wells have been drilled since 2009, three drilled pre-2017 by a former licensee and one, PAT-E1, in 2018/2019 by Schlumberger. Schlumberger's focus was appraisal of the natural gas in the Lower Eocene and Upper Cretaceous.
Block XIB benefits from 3D and 2D seismic coverage. The 3D seismic was recently reprocessed by WesternGeco and will be merged with that acquired by Block over West Rustavi in 2019. The Company's interpretation and understanding of the merged set will use production data and vintage and modern well logging information gained from the 233 wells on the block. The PSC has no remaining capital expenditure obligations and a remaining term of 14 years extendable by five years. The approved cost recovery pool at 31 December 2018 was US$103 million with a further US$30 million of expenditure incurred during 2019 to be added, subject to audit by the state. The PSC has attractive fiscal terms especially in the current cost recovery phase. We are inheriting an appraisal and development plan targeting gas initially-in-place of approximately 600 BCF, following the drilling and testing of a deep appraisal well completed by Schlumberger in 2019.
RE: biome could make these without plastic26 Apr 2022 23:32
paulwhite82 im afraid you may not understand chemistry , ITX could make these products but not Biome. Its down to the fact Biome make bio plastic more brittle and has less applications. Bio plastics is a vast range of company's out there. High Heat is a high point of biome Tech compared to others
Thanks stt1 ; the point is again we are lagging too value and again due to the upbeat news still holding from my investment in 2019. always said in 2020 will sell to cover costs and leave rest as free shares , problem is every year growth and profit ; free cash flow exceed projections and hence still have original investment plus free shares on dividends. Can see this as a top 250 in FTSE in five years , hence my problem