Member Info for whimax

Looks like we might be heading for a decent volume day too. 1m traded in the first hour.

GL all.

Relax360, with respect, we all (or at least 99%) of people who own this share, bought in too high. That’s not the point!

Still don’t get why you’re still here FFX. You’ve not trusted, or had a good or civil word to say about this company or its BoD for over 2 years, if not more.

Why not just take whatever money you have left and find something else to invest in, that gives you some pleasure? FOMO and greed are truely terrible things!

Points taken Surfit, however constantly asking the same (unanswerable) questions (i.e. “but what about funding for the other pillars”) and presenting it as a constant negative, is pointless imo, because nobody on here can answer it. The other “pillars” are in their infancy and obviously need funding (some of which will come from the placings mostly earmarked for Anchois and Onshore), but similar to Anchois/Gas they need planning and FID’s which the BoD are not yet in a position to provide. As far as “splitting them off” goes, it’s far too early, because they are not stand along businesses at this point. There is also no guarantee that funding for the other pillars will come from dilution, and imo, is unlikely to do so, as Jimmy alluded to earlier.

As far as you not being concerned about what’s going well, I’m glad to hear it.

GL

Fair enough. In which case, and with that average, you really have little to complain about imo. Especially, as I seem to remember, we had an intra-day high of around 26p in April last year.

Fear, greed & FOMO are the enemies of most investors lol.

I’ve never understood what ‘alleged’ investors’ rationale is behind posting constant negativity on the bb of a company they are meant to be invested in. It certainly will do nothing to help the SP. More likely it will discourage potential new investors who read it, and do the opposite.

If you’re that concerned that you’re being taken for a ride by the BoD, do something about it. Go to the AGM, look the BoD in the eye and ask THEM to address the issues that are concerning you.

Fernan, you appear to be particularly concerned? Did you go to the agm? From your post yesterday, advising that you’ve held “for over a year” I’m assuming (based on the sp chart) that you may have bought in the 20-25p range, in which case, and to some extent, I can appreciate techyness, but you’re really not helping yourself.

So you were happy to sl4g it off yesterday, without know the details?

Just so we’re clear?

Shouldn’t you know that Fernan, given how disparaging you’ve been about?

Apologies HS, you are correct. I did have you confused with someone else. My bad.

I don’t however, see much that is misleading on here More like differing views on what’s achievable. and also differing degrees of frustration. Just because one person has higher expectations than someone else, doesn’t make them wrong, because at the end of day, we will only what is\was achievable when the deal is announced.

In the meantime, I’m staying positive, and am hopeful of over 25% minimum retention.

Hi NewK. Thanks for the reply.

I know nothing about ORCA, but a glance at the RNS suggests they weren’t holding many cards during those negotiations. “As previously noted, working capital remains very constrained. Cash at today's date is c£90k, with a current monthly burn rate of less than £20k”. Sounds like the farminee had them over a barrel to a certain extent, especially as there’s now a 2 month+ exclusivity period in place for DD.

The rest is a bit “woolly” so hard to tell how that deal will look versus what the CHAR BoD come up with. There are so many permutations around how it could be structured, but I think APs priory with %age retention. Time will tell I guess.

HS, you’ve always been extremely “downbeat/negative” on any share I’ve seen you on. Fair play if that’s your investing MO, but I remember you “advising” that DEV Clever was going under at around 2p, and that we should all run for our lives. That was shortly before it went to 47p.

To suggest the Article/Interview should be poohoo’d because it uses AP surname, seems more than a little odd tbh. Each to their own I guess!

Was just thinking that Snott. Very significant, and maybe NOT the wasted dilution some have alluded to.

Are you comparing to something similar NewK, to come up with 15-18%?

Seems low IMO, and would think AP will want to hold on to larger %age ( especially based on wording of article below) but I’m not really basing that on anything or comparing on a like for like basis.

Thanks ICB. Great article.

This is interesting……” Potential Partners….have proposed boosting Anchois gas output to 250 MMcfd, given the resource upside in the field and in the Lixus licence within which it lies”

That’s the first time I’ve heard the say it’s the “potential partners” (I’d only heard in the context of Chariot saying it was an option) that want to increase output. If they want to increase it, they’re presumably prepared to pay for it.

He’s delusional UCC929.

He’s seeing what he wants to see 🤭

I think you need to go and lay down FFX. Dear me!! 🥴

Where did it say I was excited FFx?

Only an idiot would say this “is not good news at all” in response to that RNS. 🙈

Yeah, terrible news eh FFX, “not good at all” this extra cash coming in 🙄😂😂

Oh do gtf, Mulder!!

Ha, Gooner.

I wouldn’t bank on news on Monday, but hopefully today has shown a few on here that there’s more to look at than just the SP.

Todays SP movement was a prime example of what happens when there’s a big prise on offer.

A lovely finish on or close to the day high. Hopefully that’ll go some way to helping our nervous nellies get some sleep over the weekend.

Text book MM games over the past few day imo.