Member Info for unvrkw

Listening to Mike Rothman of cornerstone Analytics says supply is going to get tighter, there’s 300 million barrels of emergency supply from gov in the mix that isn’t accounted for. Supply is very tight, any suggestion of carbon, oil reduction is just talk, pressure on supply is huge, oil balance won’t get better, get worse.

I hold dec simply because it supplies energy that is needed more and more with a tightening in supply already here

The only option, best decision, gla

If copper drops they’ll buy something else for far less. Can’t have it both ways, cheaper and less demand creates buying op. We have one of the lowest cost producers in the business so I’m holding

Everyone in the region include Kazakhstan invited, everyone bar Russia. New deals being signed on uranium, their signing for ev market materials so copper will easily be in there, bought another 10k shares Friday at 2

Listened to AGM update. thought it was really good and interesting the question on nationalization and pretty much zero chance. overall good summary, i'll buy more just a question of overall with macro economics where is the bottom?

What happens when US gov runs out of oil from strategic reserves to pump into the system come june? the demand is still there

Well worth a listen, it was a very thoughtful, great podcast of someone clearly understanding what he’s doing.

Still here they have just changed the watchlist format, removed some info based on whether suspended or not

This stock was written off a long time ago, however i'd never say no to getting a few quid back. i could cash in now and take a bit but been here for so long, actual chance of benefit is probably higher now than ever so whilst natural reaction after a suspension might be to leave i'm going to let this one play out right until the bitter end.

even a small win in the legal case with the shares i have will certainly take out a lot of the loss so happy to hold. good luck too

Well done, I’m still way down need around 9p or £4.50 in the future to breakeven. My best bet is divi from a settlement. It’s clear Chris will hand this out direct to shareholders, anything 10 to 20 million plus gives a generous slice which would actually make the wait worth while. Five year pain to get at least double digit % return!!

I read they closed off and plugged more wells belonging to other businesses in this period than their own which we know an hope is an alternative revenue source. interestingly their hedging seems to be far more working out into 2025 than many wrote and had comments on this board, looking out unless you see commodities at this current price until 2025 onwards we are hedged well and i expect an increase following recession soon and /or if a bad winter appears, russian gas isnt coming back soon.

they seem extremely good at cost control, cash control, just reads very well and they have extremely clear understanding of what is going on. they look at hedging, selling land, solar, capping and many more aspects for the business success.

big investor here, will buy more as irrespective of business success i expect macro to take the sp down further, i'll take more next six months but happily hold what i have and take divi

I think we will see this share traded some what. Quite a few will trade in on the litigation aspect too, to put a few hundred or thousand quid in, take the dilution but hoping even if they come out with €60 million it’s worth individually quite a lot

New shareholders are simply that. They have shares in the new business after dilution and consolidation, their reward is they own the new company

It means that just before the point the new shares are issued, dilution occurrs the share holders of the original, current 417 million Will be ring fenced to collect everything awarded from any tribunal win.

Ie if they win the award won’t get diluted and given to the new shareholders.

It make obvious sense if your Chris G or us. Imagine they won £100 million, imagining having to dilute amongst the huge amount of new shares?

This way any win the original holders gain.

Before the last day many might be tempted to buy some?? Say it’s £100 million, that’s 24 pence per share, i huge award, half it? Whatever to a degree it’s significant

if they delivered anywhere near that 4 times a year i'd be more than happy. it yields me pretty much 10% which is ok

not sure why this is late, i'm quietly confident about this company so we shall see. they have investments in many different areas from commodities to AI which is what i like.

Be $6 by end of year if it’s cold. Straight up and all these message easily forgotten

As yet we await an update on the legal case, I draw comfort from the fact they placed a clause into the RTO about money going to original holders, Chris G must think there’s something in it

Vis a vie I’d take same investment value after RTO than now as obviously more potential to increase.

We need £4.70 for me to breakeven, a £330 million company overall! Always possible

so we are dropping down to 70,070,080 on a 51 to 1 ratio so beforehand, at the moment that means we are now sitting at 3,573,573,080 shares before consolidation meaning that's a hell of an increase and dilution for us original guys but obviously those shares are funding the new business.

going to 3,573,573,080 from 417,000,000 is an increase, 8.5 x more shares

I'll drop to 15,029 and at a cost of 55p per share that is £8265 which is £200 more than they are currently worth today so no change but a better company?

against todays price and going forward this is a better solution than suspended or carrying on as we are. based on original investment this is a disaster and massive right down on investment, not surprisingly an 8.5 x right down but appreciate its better than nothing. we have been normalized to expect nothing.

an unexpected win would be the trial case, anything won gets given to the original share holders which might compensate us a little for the other loss.

I'm happy with the progress, the change hasn't certainly come for free at a massive dilution.