Member Info for Yanis2005

Ocelot, would the other sources be OGA and EA? If so, permissions given by them would still be valid?

Why can the Balcombe application not be submitted now?

As far as we know the reason they need another application is because Angus told the council that they finished testing, so the Council closed it out - Have I got this right?

If so why does it take so long to resubmit (the same?) application again. They already got it done once why can they not do some minor tweets and resubmit the same again?

I don’t see why it needs to take as long as end of August to resubmit. Then again I am no expert. Anybody knows why it might need to take this long to resubmit?

Lawson, they filed a TR-1, disposal box ticked. That means they do not own the stock anymore, sold it. I think this is the reason for the SP weakness.

Bought in at 3.05p.

Nasdaq compliance did not cause it. Drop is probably down to HSBC selling the rest of it.
https://investegate.co.uk/motif-bio-plc/rns/holding-s--in-company/201907181630460354G/

Must be the bottom ... 230 million shares traded above this level in the last 3 days.

They are walking it down ... widen the spread by dropping the bid to deter buyers ... then lower the ask to encourage sellers. And looks like it works.

If Lucan buys shares then sentiment will definitely change.

Need Lucan to buy next.

Non-Executive Angus Chairman bought 1,515,152 shares at 1.65p

Eurofill, Seriously ?

RA has ulterior motives because he was bullish on the 22nd of June whilst awaiting the Brockham flow test?

Which LTH wasn’t bullish up until the 28th June when the bomb was dropped?

Do you remember the 24th of June RNS stating that preparations for flow test were underway? Only for the well to be declared a duster 4 days later?

The fact is Angus has misled the market all the way up until the 28th of June. All LTHs occurred heavy losses because of it. I am sure you can see what RA is talking about.

Sentiment is not going to change, trust not recovered unless Lucan shows that he is serious about it and is not just talk ... buying some shares in the open market will go a long way towards improving confidence.

Ocelot, looks like it did leak, but not to the general market. That is why the SP dropped from 6p at the time to below the placing price of 4.25p and never recovered. At the time of the Brockham duster RNS the SP was already down to 3.3p.

We had a considerably long period of the SP being below the placing price, in the all time lows, failing to recover and there was never an MAR Disclosure issued by Angus. If they believed that the well will flow up until the 24th June (4 days before the duster RNS), A’s they claimed in the CC, why did they not issue an MAR Disclosure?

SP is not going to appreciate unless these guys truly show that they are serious about it. They need to move on with the assets that they got left, put the applications in ... yesterday ... is the least they can do. Putting the Balcombe application in by the end of August is taking the p@iss. Jam tomorrow ... and the story continues ...before you know it another placing to pay their salaries. Disgraceful.

Sorry to hear that Sam. We are in the same boat. Fooled and these guys must not get away with it.

Angus needs to do some work for a change. WTF isn’t the Balcombe application in already? They had plenty of time to do that.

Sam, who are you talking to? I still hold 1.2 million shares and I am more than £60k under at the moment. Are you loosing anywhere near that much?

Mirasol, i don’t think is rocket science.

They can easily adapt the last application. After all they have to put another application in only because according to Lucan, Vonk told them they finished.

Work 24-7 to put the application in if they are serious, what else do they have to do? Tweetle their thumbs whilst awaiting for the next placing to pay their salaries?

Get on with it. Why end of August? That is jam tomorrow tactic.

Rxdav, don’t stop posting.

Ocelot, nothing I would like more than seeing a high single digit SP but given the current circumstances is not likely to happen any time soon.

We may not be at the bottom yet. Looks like the downward pressure on the SP has not gone away,if anything Friday’s price action shows that downward pressure has intensified.

The only way to stop the SP slide is to change sentiment - maybe Lucan will send a signal out that Angus is undervalued by buying some shares in the open market? After all he did say that the gas field is worth 4p to the SP.

Perhaps they can show that they are serious about getting on with the remaining assets by starting now (not tomorrow) with issuing some meaningful RNSs on meaningful work that they are doing?

For example, surprise us next week with an RNS saying that the Balcombe planning application is already in? Why not? Why does it need so long to prepare it? It should be very similar to the last one - why re-invent the wheel? Work 24/7 if need be and put the application in? This is what you do if you are serious about it. End of August? That is taking the p*iss again.

YinYang, lol cut it out!.right temperature? That is funny. Need a laugh.