Took my eye off this flea ridden corpse for a second and she enter's the 1p area I spoke of - what happened to the 2 partys battling it out for control here ? did one just die or was it more bull from the usual bulltiters.
Closed market has never been good for growth but what do I know I'm just to one who predicted 1p when all on here were talking 10p ; ))
Oil India disagree and are ploughing money into this license. tens of millions over the next 18 months. There will be plenty of news as this advances. Natlata are also committed., and Ireland where PTR traditionally raise lots of money is on the rise too, so funding is less of an issue. Of course Oil Prices not helping.
PetroNeft's largest shareholder are pleased to announce they have reached an agreement on a new Board composition and structure. Accordingly, Natlata has agreed to withdraw all of its resolutions due to be considered at the reconvened EGM due to take place at 11 a.m. today. Is this good news for small share holders
Maxim Korobov is a charleton using other peoples money to buy stock (as seen on Russian television). Board has extended common courtesy to this individual - there are thousands of shareholder, all can not request special consideration. The boards duty is to the shareholders, drilling and oil producing. Current board pays the drilling contractor to drill for oil, can not be sold to Rosneft Oil by Maxim Korobov .
Petroneft PTR Maxim Korobov - take over bid speculator risk - taking investors with expertise in the market trading and will usually try leveraged investments, with no worth in the company or the production of oil. Maxim Korobov bid to take over board and the company has no benefit to investors or the production of oil (the business of the company). Maxim Korobov - did not discover the oil field, has not drilled any oil wells, has not run any pipe line, has no control of the oil market, lone effort is purchase stock for his own benefit. The purchase of stock does not qualify or become recognized as a governance of the oil company, by purchasing a stock in the oil company. Board members and investors do not control the world price of oil. Petroneft is drilling, producing and selling oil - market price.
Natlata to remove most Board of Directors, reason - because they want to. There is no prudent reason, forward looking to control licensed drill area and sell off the work in progress. Note: Investors loose control of their investments Maxim Korobov works forMaxim Korobov .
pirate is a pirate .. Maxim Korobov is a pirate - corporate raider owner of Natlata Partners .. a Petroneft shareholder Pirate no original effort to purchase oil lease, Pirate have no influence world oil price. Corporate raider prime directive is gain and sell assets, (shareholders stock assets). Pirates notes: " Natlata has repeatedly rejected suggestions that it is trying to take over the company on the cheap, saying it wants directors on the board. It says it doesn't plan to take, but pointedly did not rule out a takeover bid."
At low tide the bottom feeding flat fish, are easer to see.
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