After much deliberation I think it is good that core money is not coming in....this essentially means share count is still same and RIG is very much relevant.......out of Range story I genuinely feel sorry for CH....I never realized such dumb people are born even in this modern world.
Phil, you / RIG need to call an urgent meeting with the directors of RRL, if it smells of fish it's normally fish and yesterdays RNS stunk to high heaven.. Don't sleep walk into a delisting and let shareholder's assets / investments be walked off the table.. !!!
i remember reading Oma's posts and thinking wow this guy really knows his stuff with posts that were well thought out, structures and knowledgeable however that would be made easier if you knew what was really going on and simply reversed it. prove me wrong Oma please !!!
I see OMA has resurfaced and putting forward some incredible theories again on WS. The guy is a fool and a danger to other investors.
Reason Core pulled the plug is very simple. The shallows cannot support a PLC and its associated expenditures (see past financials) and $60m is too much money to gamble on waterflood in today's oil price. There is no need to read anything else into it.
How foolish you ask?! He still says 1.5p on resumption of trading! Says it all really.
If there was no agenda behind this group of people who are now running the company and stripping it we should start trading tomorrow again as they put the company in suspension then we can make our own choices if we stay with them or not but it does look like we have been robbed as we should have asked for them to put the money in an account before we voted yes to everything we live and learn may be what people are saying is correct we may have a case against them and the others behind this scam?
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