Member Info for Thordon

Interesting that 20% of the shares are held by Tr1 , beeen slowly building up since last month

Looking at history the shareholders are hold as the non controllers of the company , the resolution makes no mention of the raise required and simple fact it would dilute the company's share holders to under 5%.
So if i was a share holder , a sinking ship is better to watch
If this was another company with good shareholders with same research that different outcome.
do feel sorry for the share holders but well done to the two finger at directors

Should see the following in a few weeks one of the following
Ops update reporting the successful cement job at 16az.
Results of the pressure build up and subsequent production at 38z and the results of the 51z drill
Announcement of the gas infrastructure being commissioned then Gas sales will commence.
New targets from the 3D survey

Based on the oil well sells , the company been break even and therefore reserved more cash , yes there been cost but this was in shares . So the mayor costs been survey costs

Noted below that Greencare as of which we have note seen a full year since purchase how this effects next years result , will be interesting to see a good full year results , also out of sync with Totally year end results. which they may sync in the future.

The real prize is the high margin work in there latest new start up company to quote "Totally Healthcare Limited, our specialist business targeting the market for insourcing of healthcare services. The business has made a solid start since its launch in October 2019, working with hospitals and trusts across the Republic of Ireland, Northern Ireland and England. To date, it has secured total revenues in excess of £750,000" for a start up company would imply £3 million per year and not subject to contracts being signed ; this being that the figure of £750,000 stays the same in each quarter

Up 25% on these shares and still cheap intend to invest more at this rate , so under-look by most T1 investors, mayor growth company and maiden dividend just starting

Very little news on this stock , its like throwing dice and hitting double six

fair play sussex , buy more now to reduce the average if spare funds

The main real problem is what is the project at year end of burn rate compared to sell rate of goods sold , once we have a full year of end accounts the shares will bounce.
Do they have gas - Yes
Do they have oil - Yes
Do they sell gas - hold at present till connection - contract in place and pipe connection with gas purchaser
Do they sell oil - Yes and at two wells are neutral profit or loss

The latest out break of the virus will have a effect , is domino's the each fall with the market in scare mode.
Im a buyer when funds are ready , can see through the mist

Owning your own ships is good business then renting as the cost base of the asset will always be there .
the problem is the net debt which in several years decrease , can see a cut in dividend and restore debt levels to less then 10% of company value in aggressive debt repayment.
£20 million each ship brings in profit before tax which includes debt interest

Its all about the average , in the smoke is that they can produce 100 MMscf/d if required. this has been the norm in last couple of years and still have operating cash flow

Have to say BTMakaveli for someone that says they have lost 65% of there holding in this company then that puts you buying in at around mid July 2019 . Then you joined this chat room late January 2020 and since then its all negative comments and this is the only company you chat on. So this means that you have only invested in this company and no other. Im no expert but deal with legal issues and permits and which is way Ive invested. So for 6 months you had no voice but now been on 51 times in 1 week of joining,
My guess your a short seller or arranged to keep prices low in order for a build up a T1 broker .
If your investor then you know the positives also have a friend in George that already told me the system takes time for permits and this is no different from most country's
Looked at buying habits and there are some large buys hidden within the sells

Delayed announcement of trade by 3 days , would of made a difference on the day
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
31-Jan-20 16:26:58 64.00 100,000 Buy* 62.00 65.00 64.00k

Just need a few more contract wins , the results of there contract with the NHS has improved the need for keeping Totally.

Does anyone have information regarding if the metering terminal has been set up yet ready for connection to gas mains once installed.

Peel Hunt LLP has a buy recommendation on today's figures

You know when the truth is out there , except in this case when the chat is 60% negitive and 40% positives , the question is why ?
This can only explained in terms of others take ADM Energy the CEO assured that debts be paid in January except in there statement going to be in may and rest of year be zero profit as there expanding there takeover targets.
No regards to shareholders in this company
In Block Energy they excepted a 3rd party to connect to there gas supply at no charge , well in the real world this takes time not 8 weeks as excepted.
And as said looking at history in the area takes time 3 to 4 months depending on permits.
Will there be income - oh yes
For your sellers out there but buy back shame on you ; highly rated company in the future

Well looking forward to more buys of this company at this massive discount to value , 5th February as have some dividend payouts on on investments.