Member Info for TinksTheCat

Unusual for you, but I have to agree with the spoilt brat comment.

Hi chattty are you in this as trade or lth ? What about Kod.

Is a ridiculous 50% designed to stop traders from taking small profits althoughif buying the buy price can be set inside the spread.
Just the MMs saying they dont want to really deal in the stock.

Just ,2 more business days befor suspension if no news and holding have not been sold the chances for losing money are that much greater.I have sold.
Meanwhile the BOD will be looking towards maintaining their own pay cheques before anything else.

Intelligence!

Suggest you try to understand exactly how Bell has played out shareholders for nigh on 20 years with at least 19 major share dilutions over that period of time without absolute zero return to shareholders, so to suggest he should be able to carry on issuing shares would be irresponsible the evidencee is the sp is one tenth of its value twenty years ago.
As for your reasoning for his statement which you have translated as in' not selling my (personal) share ) 'surely it
is obvious if a director said i'm selling my shares he would do even more damage so your argument does not stand
As stated before, in my opinion Bell demonstrates no faith in his product or ability to lead the company out of the mess it is in.
The question to ask Bell !
Is clear what immediate action is being taken to bring investors opinions back on side.

Bell clearly stated don't buy my shares.(RRR)
Therefore is unfit to be a director or hold company office.
because he demonstates no faith in his judgement or product.
He may delist the company by declaring insufficent funds to continue trading or take the company private thus leaving share holders with nothing.
His track record of p***ing share holdersfunds up the wall to maintain his first class lifestyle for the past 20 years should come to a close.
Unless E.OIL pays out .
He has been selling down stock.

Is it true Bell has endorsed a statement not to buy RRR shares ?

Appologies,
Should read: Cash etc. circa £2.8 million.

We are not miners. POW has Cash etc., circa £28 million and assets circa £10 million. No Debt, 2 IPOs due by the end of June if not before, 2 more on schedule for mid/end of Q3. These 4 will be followed by another 4 to 7 by the end of '23.

CEO is a cash concentric minded registered forensic accountant-

Ignorance is the price of misfortune.

The problem is bell has in my view compromised any profit by aquiring assets in Burkino Faso,Ivory Coast,Cameroon and the DRC also embroiled the compny in legal actions al over the place-war zones and the losses incurred in those unsound investments will be used to offset any profits.

He has lived a high lifestyle without returning a single return to shareholders in all the years he has been in business.
18 of 20? companies he has been involved with have closed.
His aquisitions policy has a measure of desperation which has clearly put shareholders money at risk-In my view exceediing the duties of safeguarding investments om behalf of shareholders.
He was asked to leave POW before he was pushed.
He has delayed the accounts in the expectation of Elephant listing and being able to cash in those holdings-
Some small hope-
If he does not get the money together for his obligations to JVs etc., he is liable to face cash extinction-unlikely as it sounds as he could raise money at a considerable discounted sp,via consolidation and issue.He has also been selling down his companies investments possibly with a view to also protecting his pay cheque.
bell has a track record of failing to deliver and has yet to produce anything that says different.

As has been said a traders paradise not for future investment but a straight gamble
My opion is-it would be difficult to find a broker who would recommend any private investor to place their money into Bells hands without fear of being sued.

As has been said these divi shares are for free,so why look a gift horse in the mouth? I thimk the prospect for the short term future for the sp is excellent so I'm not selling a single share to the market or the offer.
My short term target is 25pps
.Any major deal announcement will galvanise the sp into a serious sprint.

ATB

On my Barclays account and my Brokers account my Poolbeg dividend is registered, so I would expect to trade those dividend shares in the same way as I can trade the Poolbeg shares which we can all buy and sell at any time, simply because there is the potential liability of the share price falling away from the opening price of the 19th April thus creating a liability of the Brokers having to refund any deficit at the time of a trade sale being put through?

ATB

Their cash burn is running at circa $1million a month - at the start of the year they had around $9million. Management acknowledges further funding may be necessary but is confident raising funds will present few problems.

So us shareholders can expect another placing to raise around £10million similar to the last one in April '21 allbeit at c - 8pps or less.

DM was very positive at striking productive Helium and failed.

Let's hope he gets it right this time around, although it will be some time before drilling starts.

ATB.

Put it this way.
Advance Energy had one project with a COS of 95%. It missed the target sp, collapsed from 5.3p to 0.023p mAligne and it's followers bought in at c 0.065p!
POW has approx 38 projects with multple drill targets within 14(15) packages of asset licences. Also has a CEO with around 7% skin of the SII, much bought on the OM so his money is where his mouth is.
Find a better stock?

ATB

Just seen this on Telegram.
Tristran P in his last 7.55 Stockbox interview :- As soon as the pre IPO work was finished it will be 12 weeks to IPO so potentially July/August for FDR. Add in PJ's recent dividend comments and actions. If that timescale is reasonable GMR should also be about ready for IPO launch.
The question is will PJ pull off a double IPO launch? If he does the reallity is sufficient funding for both faster package development and dividends, moreso it will crack open the SP ceiling.
IF the above is anywhere close to accuracy recalculate the SP towards the 5p/7p mark.

ATB

Agree the sp will continue to fade, although CF delayed the selling date for a reason,more than likely in ecpectations of POLB announcing some significant news prior to the mid April sale freedom date.

It is difficult to believe that RRR mentions Burkino Faso - as if it is of value when their is non. The army has taken over- the country is lawless,close on a 1000 incidents of armed gang attacks throughout the country recorded over the last 18 months.
The BOD must know the situation yet write it up as good progress?
Rumour has it that AB stepped down from POW before he faced a vote for removal as there was the possibility of a motion being put before the BOD for just that.
No BOD member worth his salt wants that on his record.

12 metre column of oil - waiting wire line results if, speculative, circa 1500 bopd to Advance, potential sp will be 10/20pps. Big IF but the oil is there - make your own minds up.

Mr Average:

With regard to the IPOs, it will be seen NBGC, GMR and FDR are mentioned as the Spin Out vehicles; page 14 shows FCM as a disposal going forward to IPO with POW holding an interest of 36.3%.

The pre IPO values for NBGC is TBC, GMR £2.5m, FDR £3.325m, FCM £1.03m.
Dividends not expected for the first IPOs