Adm Energy Share Discussion Threads

[pwhite73] 11/2/2022 11:51

T101 - All of the above is done in virtually all AIM stocks. That's technically what the AIM is for. To exchange your hard earned for jam tomorrow stories whilst the directors live the life. The trick in AIM investing is to be able to park the obvious to one side and look beyond.

[spikeyj] 11/2/2022 11:47

PW, i think i do understand what you are hoping for. and for sure, it’s not
impossible, ADME has got away with promising gold at the end of the rainbow
a number of times. but perhaps where we differ? -> i think there’s a limit to
how many times people will fall for it, & i think things are now very close to
that limit. & if they can’t just sucker more pis into handing them more cash,
the financial realities here are grim and will just take this company under.

ADME has no substance, imo, just smoke & mirrors, & most can see that by now.

[pwhite73] 11/2/2022 11:32

Spikeyj - "i disagree, PW. potential investors really *should* be interested in
the cashburn, costs, liabilities, likely future expenditure etc."

Yes but no. This is the AIM, investors are as interested in the fundamentals as punters are in the odds of winning the Euro Millions.

No AIM share price ever rises because of low director wages, low cash burn, low costs and zero liabilities. The share price rises solely because something nice has happened or more often the directors have promised something nice is about to happen.

Now if you want to talk ADME let's talk real ADME.

[pwhite73] 11/2/2022 10:14

It may have escaped your attention but directors don't work for nothing. At this stage the value in this stock is not linked to director wages but what's happening or isn't happening on the exploration and licenses front. The 1st March 2022 is a key date here.

[spikeyj] 11/2/2022 08:47

all cash removed from the company by the BoD in pay /perks /‘expensesR17; is still
value that is being taken away from pis, because it continues to diminish the total value of each share in the company. that’s just blindingly obvious.

[pwhite73] 11/2/2022 08:17

Terminator101 - "Why do you say not from PIs?"

I say not from PIs from the time the share price dropped below the nominal value of 1p. Yes I do accept that PIs have been funding this POS since 1066 but no new shares can be issued below the nominal value of 1p that's why the last cash raise had to take place at 1.11p which was higher than the existing share price.

[spikeyj] 10/2/2022 22:31

(although tbh, it’s hard to see why one penny
would have been much of a “breakout̶1; anyway.)

[spikeyj] 10/2/2022 22:14

you’re already a week out, range.

back on weds 2nd feb, you were predicting a “breakout̶1;, “by
close of play Friday” - that would have been friday 4th feb.

you said to “follow the money’.
the ADME volume remains pitiful.

[rangenoresources] 10/2/2022 21:43

One day to go Spikeyj Jealous is killer for you

[spikeyj] 10/2/2022 21:24

not much sign of that 1p “breakout̶1; range
was predicting for last week (post #2740).

[terminator101] 10/2/2022 20:17

Just checking in on the hardest working CEO on AIM. Seems its all systems go huh? Zzzzzzzzzzzzzzzzzzzzzzzzzzzz

[rangenoresources] 08/2/2022 07:14

Your just jealous you don't go to their slap up meals

[spikeyj] 07/2/2022 23:27

no way to know, is there? … but my
guess, range is just a broker’s boy.

[spikeyj] 06/2/2022 22:29

fair’s fair, let’s give rangey a chance to say where else he thinks the cash
will come from in the next few months to pay all those bills for the BoD’s
pay, perks & ‘expenses̵7;. he seems pretty sure it’s not coming from placings;

- so what other sources of income does he think ADME has to pay those bills?

[terminator101] 06/2/2022 21:13

Exactly spikeyj, with a cash burn rate of over £200,000 a month the last placing won't keep the lights on for long. End of March tops before they need yet another placing to keep OSA and the lads paid.