Member Info for tombi1

The 11.5 debt down to 9.3 mill in 4 months since September a 20% reduction impressive in a short period to cut your debts by that much , extra £1 million capital given in advance wonder what the plan for that is

Well that will catch a few out , looks like some who sold might be trying to buy back in , blue day guys finally

Been 9 weeks now foe new wells should have results now , needs updating

Surface commissioning has now begun and, given the length of time that these wells have been offline, infrastructure integrity is being fully confirmed. This is expected to take several weeks, during which time the flow rate from the wells will be at intentionally reduced levels to enable the surface infrastructure to be fully tested under production conditions.

Stated on there website

We advise and support companies on raising capital throughout their lifecycle to build great businesses, realise equity value and provide interesting opportunities for investors.
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Why have you posted that , makes no sense

Yes big chunk , but someone has to buy them for them to sell them is what I am selling and usually that amount impossible on this share for the last few years so who owns them now as mm,s don’t hold shares of that amount unless they have a buyer

I know , but I’ve done well before on similar shares , also failed but on some the gamble of aim , if we knew what we do now , would any of us buy shares in aim , I just think they must have a plan since covid started and hope that is coming soon , hopefully,lol

It wouldn’t be easy to sell 100 m in one go in this share , unless someone wanted them , think about it

Everyone said that last time indecember and it wasn’t true

I agree joe , someone has brought them always remember for every sell someone has to buy them , if it was the end of the overhang then yes we will find out , if not I’ve added at 8.6 today I’m happy , less than 6m MCAP , most of aim companies don’t generate anything so potential to jump is big imo, we have a new member joining board they let him on for a reason something could be brewing in my opinion as always a gamble any aim company but at this level I keep buying, more fool me or with luck comes reward ,

Just added some more , news due I’m hoping it’s good

The debt interest is vastly reduced , due to less debt , so I must be confused then

What was it then , it shows reduced on the books ,

Very strange yesterday , lots of buys then a couple of sellers brought it right back it’s as if they don’t want it up

Under 6 mill Mcap seems to low to me , they have been upward producing now for over a year and the 3 new wells should anytime be fully opened

Brought a few more this morning , bounced up a bit hopefully of the bottom , we will see , new wells news due anytime

Not today

I suppose the next time we will hear from them is when they hand out the begging bowl for the tab behind the bar ,,,,

Do you have to sign up to read it

640k mcap, with a new nomad , crazy low imo , any news of note and you will do well