Path Investments Share Discussion Threads

[fatfish] 09/2/2018 07:13

tagsumo

I couldn't have put it better, you seem to be in exactly the same position as me.

Here's wishing us both good luck

[tagsumo] 08/2/2018 20:44

I am not getting too excited yet. Yes, the figures do look fine but the trouble is we will have to reinvest to get back any where near our losses from the transition from Niche to Path which lost us 10's of 000's. like most of you who post we have lost considerable sums and i am not quite sure if i am prepared to reinvest on a long term gamble with lets just say only 'potential' revenues.

As you all may recall we were promised 'big oil and gas' back in the day by the masterful Irishman JM and whilst he has no involvement i feel hard pressed to consider reinvesting in the Path venture due to being once bitten etc.

just my view of course! and i am sure i will be proven wrong and hope we do make some money back in the long term.

p11 i hope you are right and it does explode cos i need it to !!

watching and waiting.

gla

[purple11] 08/2/2018 07:36

These are enormous figures which certainly don't disappoint.
Dependant on the placing price there could be massive gains here short term.
Fantastic news that it looks to be happening so quickly as well.

This could explode on relisting.gl

[lochnessmonster] 07/2/2018 16:48

"Additional future cash payments could amount to €7.25 million, if certain discrete revenue (€100 million gross; a €3 million payment) and gas production milestones (10Bcf and 40Bcf; €2.25 million and €2 million payments respectively) are successfully met within the first five years of operations following Completion."

Potential annual gross revenue for Path of €50,000,000 within 5 years on this deal alone. LNM

[fatfish] 07/2/2018 16:45

Fund raising ?? dilution to shareholders probably

[currypasty] 07/2/2018 15:57

not long now..

As previously announced, the Company intends to undertake a fund raising and to seek admission of the Company's ordinary shares to trading on the AIM Market of the London Stock Exchange plc ("AIM") during Q1 2018 in conjunction with the completion of the Proposed Transaction

[the_curmudgeon] 07/2/2018 15:54

BOOM!! :-)

RNS PATH

"Converting the MMm3 above to Bcf, the CPR has ascribed a 2P Reserve of 20Bcf for the Phase 1 vertical wells H-WD Z2 and A-EZ Z4 (2). The Phase 2 programme, which may require the drilling of up to three horizontal wells, has an ascribed 2C Contingent Resource of 64Bcf."

[the_curmudgeon] 07/2/2018 10:02

I see 10p attainable 2018 based on current deal plus news flow on that deal. 15-20p would be on assumption of a second deal or some serious additional good news from current deal.

[lochnessmonster] 05/2/2018 12:51

15 - 20p would need additional deals in 2018 Curm. You're assuming 2 or 3 of those to be completed surely?

[fatfish] 05/2/2018 12:27

Curm

15 - 20p Really ??

[currypasty] 05/2/2018 11:56

thanks, lets hope a decent re-list price

[lochnessmonster] 05/2/2018 11:52

They are on the road and aiming to relist of February is my understanding

[currypasty] 05/2/2018 11:32

anyone any ideas of timescale here?

[lochnessmonster] 05/2/2018 11:32

Well I hope they do better than Scotland in the rugby. FFS

[the_curmudgeon] 05/2/2018 11:10

Lochy: All imho dyor etc, with markets beginning to fall investors will be looking for solid plays with guaranteed consistent revenue flows. Path ticks that box. I'm guessing the placing will be over-subscribed. I'm guessing we will be 4-6p within the first day or two and my target for 2018 is 10p MINIMUM. Really looking for 15p-20p by end 2018.

All IMHO, DYOR

[lochnessmonster] 02/2/2018 14:16

Hearing good things and hopefully get an update soon. Rumour more deals being worked on for later this year so 10p+ could well be on the radar Curm. I'd be happy with that. DYOR LNM

[fatfish] 19/1/2018 16:40

that would be a very good question, now the wait

[currypasty] 19/1/2018 16:39

what price the placing?

[the_curmudgeon] 10/1/2018 11:50

Expecting fireworks here guys. Strong deal, tiny market cap, people will be queueing up to buy on relist if they can be quick enough !! IMHO it should move fast.

[lochnessmonster] 01/1/2018 13:33

Curm love your predictions! LOL. You might be right with a 2p raising and hope you're right Curm! Q4 but which year? ;-))

[fatfish] 31/12/2017 16:36

Curm, last time this delisted and came back I lost 23k mmmmmmm well apart from £100 so I cant lose much more

[the_curmudgeon] 31/12/2017 10:06

They're coming out of the woodwork now with their FUD lol! Always a good sign on small caps and shelf companies. People obviously hoping to FUD the relisting so as to load up their bags. Happy days. 2-3p relist, 4-5p over coming months as project progresses. 10p+ MINIMUM by Q4 all IMHO

[cinques] 30/12/2017 22:41

LNMPlay the ball not the player.

[tagsumo] 30/12/2017 10:20

its progress... been a long time coming but it is progress.
one step at a time !