Member Info for Wannabeloaded

This was once a £300m Mcap Company. The drop is way overdone! The assets are still there and may be a bit more. Just a matter of time and hopefully Ashley has learnt a thing or two about strategic management and clear communication skillsas this corporate presentation appears to indicate. Investors want to understand their particular entry and exit strategy, everyone to their own.

DYOR and GLA

Almost unheared of these days to have a placing done at a premium let alone 33% premium!

Feels this share price is suppressed and should be at least 50% higher than where it was yesterday!

Well done KAV. Very impressive indeed.

DYOR and GLA

For a £5m Company, this is huge! This should already be a £25m Company at least based on current projects and results. This is no doubt a multi bagger for the patient investor.

DYOR and GLA

@tbcx The value is in billions

The chances of success here are great but it may take some time. If you can go and come back in 2 or 3 years time, this will be a 10 bagger. The problem is most cannot go and come back in two to three years. There is also a real chance that the GOI may negotiate and come to a deal very quickly. So it can 10 bag very quickly. I have taken some of my profits and left the rest here for the long haul. I wanted and expected more at this stage but my strategy now is to settle for a 10 bagger much later with the funds left here. In the meantime, Profit taken has been deployed elsewhere!

Everyone to their strategy

DYOR and GLA

@Prof1, Absolutely agree

This is clearly a question of when and not if. And it is also clear that some sort of compensation is due to PAT....but how much? Ranges from $200m to $1.58bn. If you are a LTH, this is easily a 10 -30 bagger and I can see LCM fighting hard to maximise the settlement since their fee/compensation is linked. They will not risk $13.6m of their funds over 3-4 years for a $30m Return for example. I think they will want more which is why even if MB would like to settle for less than $1bn, LCM wouldn't. This is LCM's show and that is what most people do not seem to realise yet. It is out of MB's hands because it is not his money that is at stake!

DYOR and GLA

@Edhellas, £4.76 is based on Bhukia alone. This company is not a onevtrick pony. There are other assets which which be progressed and can add value. £5 per share I'd say..

All the best folks

Great news. Even if finally settled for 50% or thereabouts net of LCM fees, it is still a good achievement by the Company.

DYOR and GLA

@Hopefulpatience

Why sometime next week? Why not sometime next month :) Or sometime when he feels like letting us know? If it has gone in by the deadline (TODAY), then there should be an RNS 1st thing Monday morning. And if it has not gone in, then he should let all those who listened to the Interview know that the deadline has been missed and why. Otherwise why have a deadline and announce it publicly to "Investors"?

DYOR and GLA

Led through the garden path.

Even if he releases the SOC and it is good and make some money , I will be weary of him in the future.

DYOR and GLA

Https://youtu.be/DlJr-8V98Sk?si=C_pyB0hrcEhRN9pR

Folks, here in this interview MB clearly says that the SOC MUST be submitted on or before 16th of May. MUST.......

Now if that has changed, should he not do another interview? I do not like people who say things and do not follow up especially when you are dealing with investors who kind of trust you....

I am sorry but I cannot believe a word he says in future. Feels like people are being

So the 16th MAY 2025 it is then! Wow, should we have known?

So an RNS is normally released at 7am earliest. This means the SOC must be delivered 1st before announcement and that cannot be before 7am tomorrow....or can it? India is ahead but I think the SOC is being submitted in London. If London, then it is either going in this evening with an after hours RNS or sometime in the morning tomorrow followed by an RNS shortly afterwards.

Folks, it is what it is now. Just have to watch this play out

DYOR and GLA

Shares in sticky hands! Can't even buy now! Looks like the ship is about to sail........

DYOR and GLA

@ Prof

Well, we will hear within 30 hours whether there is a SOC or not. If there is a SOC and the number is fair market value and substantial as we all expect, that will be great for PAT.

DYOR and GLA

This share is beginning to look suspicious. Do they have to leave it till the last day or very last minute? It may even come after trading hours on Friday. Beginning to feel like those interviews and this delay was just to pump this share and dump. Time will tell. Not long to wait now

DYOR and GLA

The longer we wait the better for LCM. That is built into the agreement :) Why rush things then?

DYOR and GLA

@ Gallmat

Buying the company would have been difficult. 3% and they would have had to notify us all! And MB would realise what was happening and would have advised shareholders that the company was undervalued in the company's opinion. and Do Not Sell!!! It would also have been bad faith from LCM if the did that.

But you never know...."those in the know" (with their friends) may be accumulating queitly in the background, each staying below the notification limit.

DYOR and GLA

That RNS of 25 August 2023 - Funding Confirmation Notice is what this is all about. Just thought I should have another look.

LCM's entitlement is very very interesting. They get reimbursed for all amounts deployed + up to 4.5 times the total of the facility. The Total facility is US $13.6m so they could be walking away with over $60m depending on how long this takes. It could even be higher if the award is very substantial :)

So it is not just the shareholders anticipating a good outcome here. LCM are definitely looking for the BESt outcome too are muct be working ver hard at it.

DYOR and GLA

Current market situation

AIM Market - Very HIGH RISK and virtually NO RETURN

FTSE100, NASDAQ DOW , = Low Risk Good Returns (Dividends and share appreciation)

Why waste time and money on AIM which is less regulated and can easily be manipulated since the ONLY Return for most of the shares is a very dodgy manipulatable share price appreciation potential?

DYOR and GLA

Baffling how with a discovery of approx 240m Barrels of oil at Project Phoenix alone, we have a market cap of £30m. That is less than 15p per barrel at this stage of the cycle. Not even close to the capital / exploration expenditure in the last 3 campaigns. This is very very undervalued and I think the Management is to blame. In any case we will get to approx £5 per barrel in the ground but there is some way to go. £1 per barrel in the ground at this stage is not unrealistic and that can get us close to 1p/share.

Sitting tight and watching in anticipation!

DYOR and GLA