Member Info for woodfromthetrees

no mention of farm in and tiny COS. expect this to steadily go back to 2p zone.BOD here will sit on this for another 12 months no doubt.Nothing actually new here.

"Mr Market also knew that Urals has stacks of production, so why was the valuation of Urals less than �10 million? It's no joke when I say that Urals reported gross output of almost 2000BOPD in its last results and profits higher. Is the market an idiot and has the market been missing this spectacular opportunity!?! Of course not. Urals is an opaque Russian business that has very poor shareholder communications, it has a Russian set of directors at the top of the pile, has a big shareholder owning almost 50% of the equity and has been involved in NUMEROUS court cases with big sums of money outstanding. Outstanding! Retail punters have been drawn in by speculation. Urals is obscenely high risk from every angle"

doesnt look good

Churn inevitable given everyone here is sitting on substantial profits.Still very undervalued and will move in its own time.

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Easy money

See my posts on 23rd & 26th June.Hopefully saved a few people a few quid.

You were all warned here by myself 3 or 4 weeks ago.As I say the twitterati fraudsters have made a killing here at the expense of the mugpunter.They ride off in to the sunset with 30-40% returns while the mugpunter on a 40% loss.Rinse repeat.

one of the worst sets of results ive seen in a long while yet dressed up to sound more positive than they actually are.EBITDA loss of £4.8m is half the MC loss!Alarm bells should be ringing here given they will need a raise before christmas or risk liquidation & delist.They are burning through huge amounts of cash. WFTT

Cash burn $1.6m per year, around £500k cash in the bank at the moment including the recent raise means that another raise isnt far away.