I well remember the Des oil to water. I lost quite a few quid there based on that misleading info. I've also seen and ignored stuff on the net about Falklands companies being boiler room companies, worthless! Yet when I look at how Des and Fogl have lost value, makes you wonder if they ever had value in the first place! I feel for those of you that are bitter here. I've also seen on mercopress I think? A Falklands rep saying about how optimistic he is for the Falklands whether oil takes place or not! Made me feel I was being primed for the obvious! I'm a long term investor, I feel mislead and foolish.
I remember Desire Petroleum That was the company that announced they found oil on Friday and then on Monday said they made a mistake and it was water instead. Shares then collapsed down from over a £1+ down to 10p after which they were taken over by FOGL. Farmiliar Falkland story. Des taken over by FOGL for peonuts then FOGL taken over by RKH for next to nothing So who is going to take over RKH when they go down into the teens?
Thanks for the advice but this bb is only a vehicle for opinions which I am airing. Suggest you don't reply to everything you don't agree or disagree with as Im sure you have better things to do putting your huge joint ventures together rather concerning yourself with this piddling little board. Only advice though.
Olliesky/Diver I wasn't being in the least sarcastic but giving you some help. Clearly you haven't worked that out yet but I'm sure you will. Anyway if you want to 'blast off' at the BoD I suggest you go to the next AGM and do so there where you should be listened to properly and answered by the BoD as doing so on here is a futile exercise.
Diver 69 Well said sir.bod are disgrace effectively running the company into the ground for their personal benefit. The company should be mothballed and cash protected until such time as market conditions change. Are you listening bod ????
Been here since the beginning, average of £2.27 per share, I wanted to invest a good chunk of my pension into a solid company. When I found out about the salaries being paid it hurt, it looks as though I won't be retiring any time soon. Yes I may be foolish, but when you have grafted all your life and you see this going on, I'm sorry but I'm fuming.
I don't consider waiting this long as looking for quick profits. I just don't like whats been happening i.e. all negative sentiment while the BOD sit and take their huge salaries for seemingly doing not much to bollster any confidence. Can't blame small PI's for being angry. We have been lagging behind other oilers with much less cash in the bank, less proven oil in the ground and producing less than us.
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