Member Info for tuvok

Agreed, good test results and we’re off and running.

No point participating in yet another PI offer, when you can buy cheaper (which I have just done so) now on the open market.

Becoming a bit of a confetti factory here, burning through a lot of cash. Commercial Well with a decent production output is what we need to see.

Buys at 0.106.

Must be some delayed large sells.

Mm’s won’t let this go until the seller is done.

Great price for a punt, MC only £4M

Been trying to buy for half an hour.

MM’s reluctant to let you have any at 0.1.

No permits= No drilling

Could do with an update, SP at alll time low.

If they need to get a raise away (likely IMHO) then they need to pump up the price.

Can I ask anyone what news, apart from the permits, we may get, that will increase the SP and be morale uplifting?

TIA

Doesn’t say they won’t either.

Resolution passed, Ability to raise up to £3M hardly mythical, read the RNS.

ORDINARY RESOLUTION

1 - THAT, in substitution for all existing and unexercised authorities, the Directors be and they are hereby generally and unconditionally authorised for the purpose of Section 551 of the Companies Act 2006 ('the Act') to exercise all or any of the powers of the Company to allot equity securities (within the meaning of Section 560 of the Act) up to a maximum nominal amount of £3,000,000 provided that this authority shall, unless previously revoked or varied by the Company in general meeting, expire on the earlier of the conclusion of the next Annual General Meeting of the Company or 30 June 2025

Thanks for sharing, although there is nothing there we did not already know.

Consolidation is inevitable, capital is required. Not necessarily a bad thing, at least we will have the funds to drill and pay salaries/all these expert advisors fees.

No drilling=no SP accretion and that’s what we are all here for, a miserable failure so far in that respect.

Permit/raise/drill/sale

Wonder how long the permit approval takes (been 2 months so far).

Await the RNS confirmation, the pump by Price and the certain capital raise.

And then let’s get drilling, offers will not be forthcoming until proven.

At the moment it’s a lifestyle gravy train for Price, the board and all those ‘expert industry advisors.’

Fantasy island

Wrong again.

Out of interest What news are you expecting that we will open up over 300% ??

Tiger, you are a Lemon and so are your city boy informants.

If they do not drill to confirm what may be there, then they will not obtain a fair value from any potential bidder, giving it away for peanuts.

If they haven’t the funds, then do a deal with a partner with deep pockets.

Permit news would be a start, together with a drill time table.

How about a partner to share the cost and buy in for a share of the spoils.

Working capital is paramount now in proving up what we have, together with paying Price’s and all those so called ‘expert advisors’ fees.

What positive news can be expected apart from the permits?

Don’t think this is going to be enough of a pump in order for him to get that huge confetti placing away.

More likely.05p.

No point adding until we know what the plan is.

Expect another pump from Price after the permits announcement.

You’ve called it constantly wrong on this one.

However, you are right this time, we will see movement on Monday.

Could be quite a day with the US finishing well down at the lows & ISA redistribution allowance reset.

Why would ‘a partner’ pay for the drilling, without a major slice of the prize?

Unless this is to be announced.

We need something to happen here at near all time lows.

Makes a raise ridiculous at these levels.

What news are you expecting?

We have already had an update.

Next news should be the permits and then let’s see how Price intends to pay for the next round of drilling.