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More seriously though, if you want to invest in awful pump and dump AIM listed Co’s, please look away. Go somewhere else. E.g. UKOG? This is a quality company building for the long run. Great Board. Improving Assets. Story is getting better as the Board delivers.
Wow, early stage O&G play doesn’t deliver divis yet? Breathtaking research there!
Been out of BIDs for a while but from the sidelines it’s seems dodgy as fk! Has to be reviewed by the FCA.
Good lads, we’ll done.
Just took a look at HUR which has also taken a hammering in recent times. Valued at £625m for 17k bopd. TLW is £640m for £70k bopd. Certainly an overly simplistic comparison but indicates TLW is currently very undervalued imo
5% down on 12 trades? Seems harsh. Will hang in here to let the bad feeling die down and the good news start to flow (hopefully).
Yes, shame they couldn’t get a better price but at least the placing has been used to acquire a producing asset which should add value over time. I’m hoping it will reduce the need for dilution for running costs in the future and so be a good long-term move. I.e it’s basically what placing a should be for: to drive a company forwards, not just keep the lights on as do many do
If it’s not past 2p in the next few weeks they should simply sell to Barrick Gold etc. True value must start to come through now.
But another funding option is a big plus
Great stuff. Well done boys. Validates the strategy and my faith in the management.
Doubt old Haribo will have done this out of the goodness of his heart. He must be reasonably confident that things will move positively soon. Just need some tangible good news now. Fingers crossed.
Seeing this ramped on twitter. Investment looks to have been bought from HGC Investco 1 Ltd which was a subsidiary of Monchhichi PLC. Monchhichi seems to have de-listed from AIM and gone bust so the investment didn’t do anything for its shareholders. MESH looks like a failed pot play that’s picked up one investment in a Belgium tech company. So at the moment is a no-revenue 1 trick pony. Struggling to see the excitement. What am I missing?
Oh they’re playing with this one! Cheeky scamps. Holding on to my shares for the foreseeable future.
Nice to see a bit of life in the old girl!
Yes, often companies seem to waste years drilling a bit here and a bit there. Says a lot for the project that it’s got the green light without the need to explore all of that potential upside yet.
Great LSE interview out. Already have interested funders by the sounds of it. The issue is of course on what terms and funding will be subject to the usual consents, but all seems very positive to me. Dipped my toe in today.
See someone bought one share. Secret code or extremely cautious scaling in?
My HL app has it as the 8th most traded stock! Impressive
Read the recent RNS. Valuation of the project is massive. Funding being unlocked to secure it. Even the gold price is perky. All at circa £12m market cap. Nothing is ever guaranteed, but I’m hoping the fundamentals here will play out over the next few months and that will be the evidence of the likelihood of a substantial share price increase.
I’m rather enjoying the new burst of energy & excitement. Hoping this is the start of the upwards trajectory and progressive news flow. I’d anticipate quite a lot in the relatively near future as this recent news unlocks other parties to make their moves, honour their funding commitments etc as it all comes together