Tag: Placing

UJO. In Defence Of David Bramhill. CEO.

David Bramhill is one of the best CEOs out there. His integrity, honesty and genuine belief that UJO are sat on one of the biggest UK onshore oil/gas discoveries is beyond reproach. That’s a fact. You really couldn’t get a better CEO at this level.

I spoke to a broker and an analyst this morning, their opinion is that Union Jack Oil (LON: UJO) did the right thing by placing now. They believe that if the pandemic continues to take hold, raising cash in 2021 would be difficult. It was prudent of Bramhill to get the cash in. Ergo he did what was in the best interests of shareholders. A bitter pill to swallow but one that puts Union Jack on a firm financial footing.

The drill rig for the West Newton discovery is imminent. Wressle should be pumping oil some time in October/November. Keddington will be worked over/drilled, BOPD will increase, Biscathorpe will be drilled. The company are now fully funded for at least 12 months. I don’t expect to see another placing post West Newton success and Wressle going onto production. In my opinion there should be no more placings, the proviso being success or the sale of West Newton.

As for the ‘background noise’ out there post the Union Jack £7M placing that dropped yesterday. Lets get some facts out there. The financial BBs were awash with placing rumours a full 10 days before I managed to confirm a placing.

Understandably people are ‘pissed’, I get that. It’s always a kicker when companies raise cash but it’s par for the course on AIM listed stock no matter how good or bad the company’s are. Regardless of who raises, by its very nature a placing usually leaks out. That’s specifically down to the broker/s running the book who in order to fill the book have to reach out to their clients and other brokers and their clients. That’s how it leaks and that’s why it was all over LSE, ADVFN, III, chat threads etc.

Which brings me on nicely to some of the utter shite currently being posted on social media.

The attacks on Bramhill and his company are nothing short of vile. The conspiracy theories are so wide of the mark that they’re up there with ‘Lizard People‘ controlling humanity from Mars.

What these trolls do is to blame everyone else for their failure. How can you be sat on 50%,60%70% 80%90% profit and not derisk? If you can’t understand that then it’s easy to see why you hurl abuse. You’re not mentally adept to be trading on the AIM Casino. Better you buy premium bonds. Crawl off under your rock, leave it to those of us man enough to deal with the ups and downs of investing/trading.

One moron who got caught holding a big chunk of shares and regularly trades in and out of UJO came up with a belter last night, told me how I’d sold at the top and bought back at the bottom ’cause I knew there was a placing. I derisked most of my UJO at the height of the lockdown pandemic/oil crisis in May, after sitting on a £30k loss I managed to basically break even. I, like you, have other financial commitments, I missed the huge rise but I don’t seek to apportion blame for my missed opportunity. It’s one that got away. No great secret and all a matter of recorded fact with UJO and my broker.

However, inventing smears out of thin air and posting/emailing/phoning vile abuse to a 69yr old CEO at his home is a reflection on you. You really shouldn’t be trading AIM stocks. Baseless accusations of shorting, insider dealing and the calling for the jailing of the company PR girl is about as laughable and ignorant a rant as I’ve ever seen on financial BBs.

It’s all to play for at West Newton. It’ll be interesting to see these ‘pussies’ currently howling shite, change tack should the biggest UK Onshore oil/gas discovery finally flow. Just remember who they are.

Viva!

Dan

18 September, 2020
Nostra Terra Oil & Gas. Fraud with a capital ‘F’. ‘Gone for a Burton’.

Investors really need to take note of the lies and deceits of the well known fraudster and liar running the scam that is Nostra Terra Oil & Gas ((LON: NTOG). I’ve high-lighted this POS many times and each and every time I have been correct. Two weeks ago the Ex Estate Agent Mormon shyster, (Twat) Matt Lofgran, was running around with that other well known shyster outfit Total Market Shite (TMS) telling all & sundry that they would not be raising money and didn’t need too. While at the same time organising another placing. This was tweeted, posted and cowboy-casted out over all the financial platforms by the paid P&Ders.

Lies, Lies & More Lies….

Total Market Shite! Strikes Again!

Total Market Shite is the brain-child of one Mr David Burton, who was booted out of Vox Markets, when they decided to clean up their act severing all ties with him & the P&Ders he’d introduced to the Vox platform. Now that’s fact. So it should be no surprise that TMS and the Burton Pump & Dump crew all found comfort together again taking payments from shyster companies, like Nostra.

Misleading investors into proven shite companies, taking backhanders, trading the stock while heavily promoting company changing events is nothing new. The best way to think of it is as a bit like the ‘Time Share’ scam. Suckers get sucked in, fed horse-shite, part with cash. Leave with a head full of magic clutching worthless timeshares, then get wiped out. It’s only after the event reality bites. The scam moves on focusing on the next set of suckers. Rinse repeat ad-infinitum.

The Crook Of Mormon.

The simple truth on Nostra is as plain as the nose on your face. Lofgran has raped, lied & deceived gullible investors in the company for 10yrs. He’s wasted tens of millions of your cash. It’s had more bullshit assets, trumpeted as company changing plays than you’ve had hot dinners. RNS’s galore, Placings galore, Consolidations galore, Dilution galore. Debt galore, Assets galore. Production has never ever covered costs. It’s stripper well production. Marginal, exhausted fields/wells bought for a few thousand dollars to ‘Flesh out’ the ‘Jackanory’ are never going to transform a company. It’s cash burn out-strips it’s highly costly minimal stripper well production. It will always dilute and place to raise cash because there’s always debt. Here’s a prediction. Shares in issue will yet again double from where they are now. Then they’ll double again eventually breaching one billion etc. etc. etc. That’s the ‘Modus-Operandi’. Rinse repeat Mug Punters and always keep changing the ‘Jackanory’.

Take some advice all you ADVFN/LSE/III Posters. Walk away there are plenty of decent oilers out there. This isn’t one of them. It’s a Fraud with a capital ‘F’.

If you had invested £100,000 in Lofgran on day one of his tenure then you would have less than £100. You put money into NTOG then you will ultimately lose the lot. It’s run by a liar who shorts his own company and will carry on diluting and placing until you’re all ‘Gone for a Burton’.

Work it out!

Viva! Dan

27 February, 2019
Haydale Graphene. Huge Placing Closes Tomorrow…
Some times one really has to get the news out to the ‘lumpen-proletariat’. No matter how unpalatable. There’s a whisper of a huge shocking dilutory placing of circa £4M circulating amongst the bucket-shops. On Haydale Graphene (LON: HAYD)

Running on vapours…

Mother Hubbard says there’s nothing in their cupboard. So beware.

I’m hearing that there’s a massive discount which could be as big as 60% to today’s button price. The placing is being run by Cornhill and it closes on Wednesday 20th. That’s tomorrow.

Just a quick update. ‘Protect & Serve’

Viva!
Dan
19 February, 2019
Coro Energy: The Shambles Part 2. Placing Update!
Shambles Placing

One of my favourite sayings that I often use when it comes to the fakirs and shysters that operate on both sides of the corporate fence, is “Oh what a wicked web we weave when we practice to deceive”,. The tricks and manoeuvres never cease to supply me with a barrel of laughs. CEO’s, Directors buying a pittance of stock, clarion calls, emails and text messages to the gullible, Chief Operating Officers rocking up on cowboy podcasts to deny funding, twitter DM groups infiltrated by the company PR to monitor how the deceits are being swallowed. Mass tweets of the‘veritable’ paid pumpsters such as Total Market Shite (TMS). It really is testament to the power of honesty that one man exposing the shambles of companies can have such an effect.

I’m reminded of that well known line in the exorcist: “The Power Of Christ Compels You” Ergo, The Power Of Dan Compels You…. AIM companies just need to be honest. It’s as simple as that. Honesty is the best policy. You duck, dive and deceive then you pay the ultimate price. Loss of your share-holder base. Such is the ‘Jackanory‘ on Coro.
Yesterday those that had been made inside on the Coro Energy (LON: CORO) placing were ‘cleansed’ Mirabaud, Company and Nomad emails went out ‘en masse’ and the CEO bought a handful of confetti which means that Coro have, after being exposed on here, done an Angus Energy (LON: ANGS), delayed and walked back their placing and we all know what happened there, which will happen here. Coro will try to puff up their SP then when the coast is clear they’ll drop their Placing. It’s a ticking placing bomb on the heads of those daft enough to suck up the guff. Hence why the 5 day ‘silence of the gullible’ was broken by a plethora of corporate denials, but you can, like Angus, only delay the inevitable for so long. The cash position is woeful. Their balance sheet reveals the two ‘fundamental’ truths. The shine of my good com padre, James Parsons has some what dulled and £14M has all but gone…….

Which leads me on to another snippet of news. Just why have Coro paid circa £18,000 (Flights, Hotels, Wine & Grub not included) to attend a ‘one to one’ direct corporate investor funding shindig in Hong Kong?

1/ Because Coro have got lots of cash?

2/ Because Coro have spunked away £14M?

It’s a bit like speed dating but in this case it’s speed ‘debting’. As for the Euro Bonds for Gas, any one with half a brain knows that Lombard ‘odious’ and Rob Giles are vulture financiers. This is death spiral funding. Euro Bonds for gas? Would that be laughing gas? As sure as night follows day, however much they ‘delay’ theirs a placing coming.

It’s a Shambles. Like venereal disease, take precautions. Protection helps.

Viva!
Dan
19 February, 2019
UKOG ‘Death Throes’ Is The Corpse Being Buried?

Well I never, would you ‘Adam & Eve’ it? The great United Kingdom Oil & Gas (LON: UKOG) is now officially in its ‘Death Throes‘ . Of course you were all warned many, many times not just by ‘Yours Truly‘ but by many, many other ‘Savvy’ commentators on the wholesale ‘fairy tale’ deception that is and soon to be, was the ‘Gatwick Gusher’ that never gushed. Except for the likes of those who were complicit in the massive over promotion.

Come on down David Lenigas, whose whole career is one of massive wholesale lies, deceits and down right corporate fraud, only yesterday Liargas was feverishly STILL tweeting his pearls of wisdom on how super and world-changing UKOG and Angus Energy (LON: ANGS) would be.

#Liargas

Yesterdays RNS had a telling small paragraph hidden at the very end of a CPR ramp. The company is thinking of becoming an ‘Operator’ as opposed to an investing company. That doesn’t make any sense whatsoever. Now that bit of news is significant in the fact that becoming an operator means they get suspended and have to basically apply for re-admission. And re-admission means UKOG have to raise further cash. But the most salient point is being missed. This suspension will coincide with the Horse Hill drill, which means that there’ll be no trading the shares for those daft enough to hold them. There’s a real possibility that UKOG may never come back. The corpse being buried now is the typical end game of the Liargas ‘modus-operandi’.

Once the fat man has rinsed every last drop out then he and his cohorts walk away. Liargas always comes in, massively overpromotes for a couple of years then leaves citing some bullshit excuse such as the company have institutions now wanting to take it to the next level etc While at the same time, once he’s out, then the plethora of consultancy fees and warrant exercises kick in for him. I’ve studied fatty for quite some time. Usually 3 years after he leaves then it all goes tits up. Of course this allows fatty to put time between him and his over -promotes and have the appearance of ‘Clean Hands’ where he can stand up and say “I left the company 3 years ago. Nothing to do with me etc. He’s basically got ‘legal cover’ if any of his bullshit UK promotes comes near a UK court. If Liargas was in the USA he would now be in an orange jumpsuit.

Today’s ‘cough’ on a placing is further bad news for the gullible. Adding insult to injury. Hundreds of millions have been raised and ‘rinsed’ yet we still await the oil. So far we’ve had five milk bottles from Broadford Bridge (fiasco) & absolutely ‘jack shit‘ from the Gusher other than a deception of a 7.5 hour IP that they extrapolated to death! Coming up with a few hundred barrels. Where is the oil?

You can fool some people all of the time but you can’t fool all of the people all of the time. David Lenigas you are now fully exposed yet again for what you are. Shyster.

Viva

Dan

8 June, 2018
Ascent Resources. ‘Mother Hubbard’ There’s Fook All Left In The Cupboard..

“Mother Hubbard there’s nothing in the cupboard” So goes the sad sorry tale of Ascent Resources (LON: AST). Today’s 7am RNS announced accounts for the year end December 31 2017. The problem was that the accounts were not released within the RNS and directed investors to their website which funnily enough never had the accounts on. READ ACCOUNTS HERE

Now call me a cynic! ‘You cynic Levi!’. But surely if an RNS states that the accounts are on the company website then that is where they should be. But no. Several calls to the AST Nomad, Aim reg team with a follow up email seems to have done the trick. Accounts in all their gory details now on the website 3+ hours late and no wonder why….

I Want Your Cash! Again & Again ad infinitum to pay my fees for failure…

The accounts lag behind real-time by some 5 months. It’s glaringly apparent that Ascent Resources are close to the bone and running on fumes. The cash burn is what’s important here. £1,032,000 in Directors/Employees remuneration, £1,966,000 loss for the year with a measly £699k left in cash as of 5 months ago which doesn’t reflect their £210,000 of liabilities 5 months ago.

Serial Failure…. Gave himself massive pay rise.

So let’s be generous ’cause I’m a real generous type… Directors/Employees Remuneration is running at circa £1,000,000 per year. Five+ months have since elapsed so circa £500,000 as per their D/E Remuneration cash burn has now been paid but’ lets only take off £400,000 from their cash position that leaves them £299,000. Hang on I here you AST trolls scream ‘we’ve got revenue now!!!’ ‘Ok’ say I, I’ll add that in… The Ascent gross margin was £411,000 that is to say the actual cash received and held by AST. So you have £411,000 per year but your running at a £2,000,000+ loss! Ergo there’s a £1,600,000 funding gap that has to be bridged to survive this year!!!

Old Mother Hubbard LOL!!!!!

Where is that money coming from because it’s not coming from the production is it? Production is declining because there isn’t the cash to spend on it. What an absolute fooking mess the corporate shysters carve ’em up Carver & Hutchinson have made. They’ve cleaned the company coffers out and annually trouser hundreds of thousands of pounds while awarding themselves huge pay increases for failure. You can be sure of one thing whatever happens to AST these corporate shysters will continue to bleed it dry until they are booted out of the company.

Ascent Resources are running on fumes and regardless of what these two fookers are spinning to you, the mug punters, if they don’t raise cash and raise it quickly then they will be insolvent. Massive Discounted Placing on the way as sure as night follows day! And guess who will be getting the discounted stock? Come on down Mr Henderson and Mrs Darwin. with their bastard child Primary Bid in the bolloxs!!!

Sell and run like hell….

Viva

Dan

8 May, 2018
Andalas Energy Investors Face Wipe-Out Via CONsolidation & Another Placing…

Today yet again we have ‘yet again’ another scandalous placing & acquisition RNS and a Board change RNS from the corporate crooks who run Andalas Energy & Power (LON: ADL). Make no mistake these fookers are running true to form. The RNS’s contain blatant lies. Which I will expose further down in this ‘Epistle to the Morons’.

Mug Retail Punters woke up this morning to yet more horse-shit via the bush-tucker system. I say ‘Bush-Tucker‘ for good reason as my sources, who are 100%, have kept me informed on #ADL at every twist & turn. More of why I’m using an Aussie term further down in the blog…

What is happening at Andalas Energy? Well I’ll expose it and expose it in full! Today’s Placing/Acquisition wasn’t news to me as I already knew months ago about the new asset and knew on Thursday/Friday that the joint cunts, Novum & Optiva were lining up a placing. Sadly I only had 2 sources. (The BMD rule on solid info is that I have to get at least 3 separate sources unconnected with each other before I run an article.)

RNS LIES

Investors who are currently holding ADL stock are in for a wipe-out via a massive share consolidation and another placing. Todays RNS’s contain blatant lies. Gorringe has stated; “Indonesia offers significant potential and we remain committed to our existing projects and strategy there”. This is a blatant lie.

As is this; “On behalf of the board, I would like to extend our thanks to David (Whitby) for his service to the Company, he brought passion for Indonesia to Andalas and we wish him well in his future endeavours.”

New Name. New Asset. New BOD. Consolidation & Wipe-Out. Rinse Repeat!

David Whitby, outgoing Chairman, said “I am proud of what the team has achieved in Indonesia, whilst the Company has not done enough to show the market that the foundations built over the past few years will generate shareholder value, I am confident that I leave the Company full of opportunity. I wish the team and shareholders all the best as Andalas executes its new focused strategy, which has the potential to make 2018 a significant and exciting year for all involved.”

For a company to opine such blatant shite in an RNS is testament to how detached from reality they have become from their share-holders. There is no shareholder out there who, hand on heart, would agree with the utter shite above! Whitby and Gorringe have decimated ADL and raped it since day one with a series of worthless paper deals. Not one therm of gas or drop of oil has been produced, yet tens of millions of pounds have been fleeced out of UK investors. They’re now being paid off to fuck off. For Whitby or indeed any of the sad sack of shit that run this company, to state such utter bolloxs gives away exactly how they see shareholders. Gullible fools bent over & willing to be repeatedly financially sodomised, with the help of the likes of BigGob, Bellcunti & the Gunslinger a.k.a Doc Holiday etc. You’ll all remember them with their incessant ‘Share of The Year’ shysterism…

SHADOW DIRECTING

Those who are basically shadow directing ADL have no intention whatsoever of progressing Indonesian assets because they know they’re paper assets and worthless. The plan which is being shadow directed by Paul Hayward (Block Energy) Novum brokers Colin Rowbury, James Sheehan & Optivas Christian Dennis, (you may recall some of those names as these were the people who installed the crooked Whitby crew (and kept it going) at the beginning of this long, sad, tortuous tale and what a tale it has turned into) is to reinvent ADL and slowly flip out the majority of the board quietly over a period of months, bring in new blood, while at the same time changing the company’s name, employing professional PR/IR and changing the emphasis/direction of the company. Hence the new asset…. It is a reinvention of the wheel, a passing on of the ‘cash cow’ that allows those at the pigs trough to keep feeding and filling their pockets.

And pray tell just where in the name of God are ADL going to get their 14.75% share of an offshore drill in the North-Sea for the Licence P2112 ? The cost of which is up to circa £50,000,000 sterling…. It cannot be done unless they jettison the entire Board of ADL and run away from Indonesia and wipe out existing shareholders via a massive Consolidation and placing and that folks is exactly what those shadow directing this POS are about to do!

As for the rest of Licence P2112 who is going to come in? My sources are telling me that, that other super sodomiser of UK Retail Mug Punters, Solo Oil & Gas (LON: SOLO) are also in discussions with Eagle Gas LTD. And we all know who really has their fat sticky ‘didgeridoos’ in SOLO. Come on down the fat Aussie Liar and corporate conman His Excellency ‘LordLieAlot’ take a bow David Lenigas!

Wipe-Out on the way ADL!

Have a Good Day Cobbers!

Viva!

Dan

30 April, 2018
Alba Mineral Resources. Not A Fooking! Gain? #Placing!

Most followers of the HorseHilster companies will be eagerly watching the group of companies that have various slices of the Horse Hill pie. Not least because they always place. That’s because none of them have any production whatsoever worth a hill of beans and cash is as we know critical. Hence the UKOG Death Spiral that is currently smashing the Mug retail punters every time there’s a Death Spiral CONversion.

So who will be the next to place?

It’s known by this site that their is a strategy on organised placings in-order of seniority. They all work together and they all piss in the same pot when it comes to raising cash and massively over-promoting. That’s certainly not fair on the ‘Average Joe’ so we here always try to level the playing field and get the news out in the interests of fair play. I mean we’re British and we unlike the shysters running these Aussie outfits don’t tamper with our balls to gain an advantage! It’s just not cricket!!!!

So without further adoo doo doo there’s a whisper/s of a big discounted Placing underway at Alba Mineral Resources (LON: ALBA) Now it ‘s unconfirmed as it’s come from 2 different unconnected sources. I only confirm when I get 3 sources (unconnected). Such is the stringent criteria of ‘Yours Truly’

You’ll all know them as a company that has consistently failed to do any thing other than create wealth for their Board and the usual corporate hangers-on. Ostensibly what Alba are saying is that this placing is to help to fund ‘Greedland’. But in reality it’s to help them fund their #HH share of the bill and pay themselves their corporate fees.

What better way of keeping the lights on by getting the Mugs to pay the bills…

Remember you heard it here first on the UK’s favourite iconoclastic anti-City of Mammon blog!

Viva

Dan

27 March, 2018