Member Info for Traa-dy-Liooar

Nice summation laxeym.

oh dear, not worthy of comment imo.

'The Issue Price represents a discount of approximately 63 per cent. to the closing mid-market price of the Ordinary Shares of 40.5 pence on 23 October 2019 '

Wonder if we will get next quarter update including current flow rates before next Thursday's AGM?

We will see, the lack of news has been pretty awful and resulted in the low SP to date. Found the last sentence interesting
'Hanno will be representing Ncondezi at the Shares Investor Evening at Macdonald Manchester Hotel, Manchester, M1 2PG from 17:00 on Thursday 10th October. The event will provide investors with an opportunity to hear about the progress being made at the Ncondezi Project with its co development partners as well as other initiatives.'
A progress report would be most welcome, now he has his feet under the table may be we can get some news updates on a frequent basis.

when promises (stated aims) are not achieved re the placing price raise under previous price. That said it is a very tough market and the leaked placing undoubtedly effected the settled price. Large amount raised and no doubt the newsflow will increase on WN - personally feel this lack of news re WN has been disappointing and clearly deliberately put on the back burner. Given S and S background PI's will always be secondary to the real money . This will IMO be available at or below the placing price, I am somewhat sceptical if the original S and S stated monetisation aims are still valid or if the timescales have increased dramatically. Not one asset has been monetised to date nor is there any inclination of same. More clarity is required the duo.

Well they may be renegotiating terms after today's shenanigans.
'The Company confirms that it is in the process of taking indications of interest from investors with regard to an equity placing of between £20 - 24 million, with the majority of the proceeds intended to be utilised to meaningfully increase Reabold's interest in Rathlin Energy (UK) Limited, to fund and accelerate the permitted, two well work programme at the West Newton project, and to exercise its existing option in Danube Petroleum Limited, providing the required funding for the IM-2 well.

spooked the market.

£50k

looks like the MM's have a line of stock to clear, as this is not moving as per previous weeks. Nevertheless the quarterly update should be interesting.

but no movement - looks like substantial sell being worked.

Open link and scroll almost half way down and you will see stock watch featuring BRD, wow some people need their hand holding.

little bit of coverage:-
https://www.dailymail.co.uk/money/markets/article-7487655/MARKET-REPORT-Rolls-Royce-hampered-fresh-engine-trouble.html

behaviour as the close of drill approaches. If no RNS by Friday am expect serious buying for Monday.

or thereabouts. Traders out. Lorne says it as it is, Mellon moved on. This stock has been severely mis managed by Bod including Lorne. That said, it would seem he has woken up to the crap he and other BoD members have presided over. There is a company here but they really need to up their game, realign investments and focus. Give some impetus and direction and demonstrate leadership and positive actions to attract interest. Sell the loose ends and re calibrate. How to make FFWD an attractive investment - COMMUNICATION on a regular basis and delivering upon stated strategy. Over to you Lorne.

at 132

looking like marked down to 130's , they looked short yesterday but clearly this will spook some and trigger stops. A week or so from result of current drill. MM's employing a strong game plan, buyers at the ready.

put through NEX

the late reported 10 mill sell this morning enabled the drop, good recovery and so much more to come from RBD. The twist and turns will continue given the rise from over past few months. Seems a safe hold to me with all news to come.

Nice to see a company make a stance against the dark arts of MW et al, this could get somewhat interesting.