Member Info for Titmnttm

Er yes I was joking

Expect a big lift today, great news well done Deltic

New presentation = placing

Something is going on… A placing. and if anyone is surprised by that you need to invest in a cash isa not aim market shares

Can’t be much cash left in the bank

Must be running on fumes now. Needs to sell the assets and start again abroad. Won’t be able to raise as before

No decision for 2 years. Felt is moribund

Has to be worth a gamble

At 5p it’s worth a punt. Be prepared to lose your stake though. Could easily 3x from 5p if positive drill results land

90 day drilling then well capped. If it’s successful big fund raise needed or will be taken private for peanuts.

If it fails delt is bust

Hopefully you understand now Rot

Standard pump and dump

Going private I would think. I’m out

I’d be amazed if it’s not a farm out. It’s in black and white in the last RNS

Our attention is now firmly focussed on drawing the Pensacola farm-out process to a successful conclusion and we look forward to updating the market in due course."

Has a deal been done I wonder?

You are wrong

$40 million is the deal. Considering the depressed so this is fantastic. Pensacola still to come

90p/12p

How will "value be crystallised for shareholders " if we farm down another 50% of our stake in Pensecola what is that actually worth? Could it generate a special divi?

Pensecola worth 6p a share, starting bids 8p

Swap % of Pensacola for a share in a producing asset. Deltic have hinted at this many times.
News soon