Member Info for Upsidepotential

A trader closes his position on a Friday and you call it a dump! This just shows how sticky the hands are that hold this stock, meaning when it re-rates, there will be healthy profit taking and not much else fluctuation.

As always DYOR GLALTH! 😊

Any real volume and this moves fast.

Just taken a top up at these levels, market cannot ignore this forever. The story is playing out, waiting for any new contracts to land which could light the touchpaper! GLA DYOR

With respect, how do you know Cash is not too pretty?

It absolutely reduces overheads, whilst maintaining staffing levels. It is 100% creative and sometimes essential in ensuring a business can find it's feet or grow faster after a tumultuous time. Regardless of the reasoning, I don't think the Directors would be agreeable to it if the chance of payoff was low.

With the liabilities, I would wait to see the full results to 31 December before making assumptions as to what this 6 month period may hold, however what I will say is that an operating profit is a great place to start in terms of debt repayment, sometimes you must walk before you can run.

I understand your points, but in a growing scalable business where revenues are increased by 45% Y/Y those liabilities will start to(percentage wise) appear smaller in the grand scheme each period. The focus here is on growth, the company can grow its way out of the Liabilities highlighted, whilst ensuring they meet the minimum requirements in the interim as they have discussed in length on previous RNS's.

Taking shares could also be viewed as a vote of confidence in the business by the Directors ... it all depends on the lens in which you view the information James.

Companies get new brokers all of the time. Either way, I would have no issue with the company conducting a raise to clear CLN's if that's your point.

Looking forward to tomorrow.

GLA LTH's

Hi All,

Thanks for the welcome.

Yes, I have looked on the official London Stock Exchange website where I can see the RNS for 2024 Final results are available, however not here on LSE, very strange. I will take a look over 2024 results today and come back on my thoughts. So far, my impression of this company is resoundingly positive. It's carrying all the markers of a good growth stock.

- Strong management.

- Good product, design and concept

- Engaged Customer Base

- Ongoing R&D

- Strong Revenues already ongoing especially in relation to SaaS

- Long pipeline of projects creating a good order book into 2028 and beyond.

- Governments getting onboard with the offering

- Large customers in which operations can scale up to include more of their business.

Looking forward to those Half Year Results in the not too distant future, then hopefully it'll be one step closer to a re-rate. Maybe the last step, who knows.

IMO this company(if they can show profitability on the Half Year Report) should be many multiples of the current MCAP.

The other massive plus here is also no dilution, just sitting on hands and waiting for the inevitable.

GLA LTH's

Apologies, just seen in RNS Number : 8867D published on 7th April 2025 that the figures are with auditors and will be published when available.

Hi All,

First post here, new investor over the last few days.

Looking at the headlines here, this company seems to be turning a corner into profitability, with big strategic partners. CLN's being pushed out to December 2027 seems to give the company sufficient runway to get the bottom line well into the black and pay off CLN's with Cash Flow/Profit.

Are there any skeleton's in the closet here that people should be aware of or are the CLN's the extent of it?

What is the situation with 2024 Final Results? I presume this has been delayed due to change in auditor. Not sure if there is part of an RNS that I have missed in relation to this.

GLA LTH's :)

New shares are not entered into the market until 06/08.

It feels like the Business is in the process of dusting itself down now after a few internal changes.

I think management drivers are now more aligned with Shareholders.

The guy in charge seems an old hand to these Oil Fields and the necessary red tape associated with getting these fields into production along with the contacts to action the physical transition to that point.

There seems to be a high degree of cash on the Balance Sheet after the recent raise and Sales. This coincides with what looks to be small wins in scaling up production for Sagebrush to the point of profitability, with the possibility of extending this out to Cayote Wash when Seismic is complete.

Then, I think would be the right time to look explore the opportunity offered by the deeper Helium held on that licence. This is the big money maker here, but getting to profitability will be the key to unlocking it.

There's plenty to like here. Trash talking about being bored isn't going to put me off the key drivers here.

Just to say, buys are currently showing as sells.

This could move up fast.

Hi All,

The last update eluded to no material gold discoveries in relation to the current pit shell design, does this mean a new mine will be required for stages 4 & 5 as they will not be able to extend the current mine or it will not be economical to do so?

Also how long do the current operational stages have to run before becoming redundant?

Kind regards,

Upside

What's with all the 1 trades?

Seems to be trying to keep the SP appearing low. IMO

Hi All,

UK Gas prices rose above 400p per therm this morning in anticipation of the cold weather, the current workflows that are taking place will surely move this MCAP much higher?

GLA,
Upside

Hi Push2,

Thanks for your reply, I really value your experience here and it is good to hear someone with such expertise in this field is so positive about the potential here. As I understand any potential increase in flow rates could go straight to the bottom line and given the price per therm atm that could be serious amounts of increased revenue.

GLA,
Upside.

Hi Push2,

I am invested here and have been doing further research.

The Gas field initially had a production rate of over 50 MMSCFD from 4 wells. The production rate then dropped significantly to 15 MMSCFD over 3 wells.

I suppose my question is now that the field has so much less resource available how could this affect production rates and would you expect production rates to continue to drop as time continues?

Further to this I suppose I wonder what is the possibility of Angus with 2 wells(A4 and B2), the second compressor and Side Track ramping up production rates and what kind of production rates you have seen previously from similar situations?

Kind regards,
Upside

Hi All,

Just seen a late £45k trade go through, is it a sell and does that mean they're cleared?

It'll be great news if so.

GLA,
Upside

Hi All,

That looks like a worked sell to me, what are your thoughts?

GLA,
Upside