Member Info for xel123

Two successful fund raise - most recent one at 18p and previous was 7p.
And we are at 19.5p today

Share price hasn't dropped.
It was 18.3p just before the fund raise. So we are still around 8-9% higher than the fund raise.

https://www.bbc.co.uk/news/science-environment-61723252

I have received my allocation but extra 20,000 shares requested not received.
Disappointed

MrMagic is still around ?

Shares was placed at 0.25p. Are you suggesting that they are selling at less than 50% of what they invested?
Please correct me if I'm wrong

https://www.reuters.com/markets/europe/exclusive-spains-repsol-talks-sell-25-oil-gas-unit-eig-sources-say-2022-06-07/

Who are these institutional investors invested over £20 million?
This is represent over 13% of the company so surely they needs to issue holding rns?
Or
Can the company not disclose about these investors?

https://www.bbc.co.uk/news/business-61406077

Thanks Goza,
That was very helpful.
Thanks again

Do they have sufficient cash in the company ?
How likely they are going to do any fund raising in the near future?
Thank you all in advance

Okk,
You think Adonis Pouroulis & co will spend £500k on doughnuts thinking they are getting cake ?

Which is better ?
Cake or doughnuts..? ;) :)

Bacuse Adonis Pouroulis treat himself with another 2.7million (£500,000) new shares @18p.
Clever man ...
Simple:) :)

I wonder what these big Unknown trades are !!

10-May-22 08:20:04 18.4384 400,000 Unknown* 73.75k O
10-May-22 08:19:34 19.00 500,000 Unknown* 95.00k O
10-May-22 08:19:03 19.60992 500,000 Unknown* 98.05k
10-May-22 09:00:21 18.4815 150,000 Unknown* 27.72k O
10-May-22 09:00:09 18.4815 150,000
Unknown* 27.72k O
10-May-22 09:18:15 19.395 150,000 Unknown* 29.09k
10-May-22 08:37:12 18.2135 300,000 Unknown* 54.64k

https://www.bbc.co.uk/news/business-61330552

Excellent quality dry gas confirmed, with greater than 96% methane, in all seven discovered gas reservoirs, without detrimental impurities such as H2S or CO2, supporting minimal gas processing required in the development.



· Highly consistent gas composition potentially allows all gas produced from the different reservoirs to be processed through a single gas processing facility, enabling a simple development.

https://www.bbc.co.uk/news/business-60925016

Thank you Guy,
Yes , that's my bad it is 15 months. Still over a year

Gloria
"Without sales and at current cash burn rate there will be another placement Q4 or the company will go bust in 2023"
Would you share with us how did you come to this conclusion?
Do you know how much cash available?
£6.0 million
Do you know how much is the cash burn per month?
£0.4 million
Do you know how much debt we have ?
£0
Do you know how much this cash will enough for even with 0 sales ?
+24 months

Please do some research before you tell something and this shows how uneducated person you are.
Good luck