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Barry, what shares outstanding? Are you referring to the upcoming placement?
You are not invested here so why do you continue to post? From the fact we're now a cash shell, I would of thought we'll be giving GH away for free. Shows how much potential it has!
PVF and Shoel Point can crack on as far as I'm concerned
Cheers TBH
Blue Horse - do you feel they drip a few more details before the 4th November? They will clearly want this to go through and the more they provide the market, the higher the chance!
LT - maybe your bonfire celebration might happen 12 months later than expected! Lol
Quite like that, bar Minty getting a few extra million.
Joey - just read the RNS!
Yet its NT to sell!
I think it will take a bit of clarity from the new boys before we see a proper raise. I'll be happy if i'm wrong!
Does anyone know if the 88m shares and the 0.005 placing will still go ahead if the SP is higher come the AGM. Is this a set in stone negotiation or a guide from the SP when the RNS was released on Tuesday?
I'm happy with the news overall purely on the fact Minty is finally out. The only part I'm not happy with is the 88m shares so I'd be keen to know if anyone has any views on this?
I agree Gary regarding the shell/ GH. That makes no sense and needs clearing up.
They must of either made an error or they are giving away/ selling/ disposing of NFL. If not its simply not a shell
I agree Kmack.
Howver, can you actually see anyone going into business with Alan let alone lend him money!
I received an email from him last week. It didn't say anything that we didn't already know.
Basically he said that they will stick with the strategy of updating the market as soon as they have news and that they all remain focused to deliver ......
I'm giving them to the start of October.
Its clear (going off historic cash burn) that they surely cant be being paid, if this is the case, tell the market and give us a reason to remain hopeful.
We need some luck Bladderman as this silence is seriously deafening. I like many others have been in contact with Simon and they keep the stance of "we'll update the market when we have some solid news". We're beyond that and need some kind of reassurance that something tangible is going on in the background and they have a solution in place to pay the basic bills to keep us a float! Surely none of the BOD will be receiving a wage now? There cant be anything to pay them with!
The lack of whispers from Mfdevco is also odd. I truly hope we are not continuing to fund Alan!
Cheers hwire. I hadn’t seen this, why wasn’t it publicised!?
Marbur - what can they say?
They can’t release an rns saying they continue to explore and negotiate on targets!
They need to close one of these negotiations or it’s game over - simple
i agree. I cant see anything happening here short term (sadly)
What news are you predicting?
Why else wouldn’t they start flow tests Barry?
The well is known to be an issue, it needs a new well, we increased the split with pvf for them to find the required funding to make it happen. It’s never happened so that tells me they couldn’t raise the funds and don’t have the money to do it alone!
Sorry Barry but someone on linked in saying they’re a off shore project manager doesn’t cut it! Exactly how much work are pvf currently doing on offshore Newfoundland??? I rest my case.
Regarding the finances, it’s been in a bad state (according to Canadian accounts, I haven’t checked this year!) and some guy who used to work with pvf said pvf had run out of money and Brian was skint (this was posted on here last year) about the same time as operations stopped!
Barry - give me some evidence that PVF / their owner is wealthy and secondly that they’re doing some proper work for SP!
Proper not people!
How many more -10% days can we have! GS needs to change the nuog ways and produce some people evidence of the projects we are working on.
And buy some shares!
Quite surprised McCadder disappeared without saying what encouraged him to sell
Gary, you make some valid points but it’s the gloating and excitement you can’t hold in that makes you lose any credibility. It’s not what you’d expect from a ‘journalist ‘
Followed by articles using lse posts as your info source!