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I believe there never was a plan since they moved away from the power strategy. They have been jumping around like a rabbit in heat ever since. Warner is spending his time chasing rainbows in Australia. The CFO, Dan (whatever his last name was) couldn’t keep the debits in the left and the credits on the right of the balance sheet and then there is our illustrious leader Simon, who has been a ghost and disappeared when things went bad. You couldn’t script this fiasco. Yes Double, sorry that good guys on this board lost money but then this is the AIM casino. FB
Why do you think CAV wouldn’t spend a penny on the workovers ..... not worth it!
Greg always said this was “proof of concept” ha the bod say not interested in Selo which was the gas he was going on and on about.
Anyway u all know Greg is just a ramoer of whom moves from 1 thing to another to which ever suits his agenda.
Takeover I see now, lol. Must have been the plan all along
No Victory lap bud, I don’t like seeing good guys lose money especially when the bod are milking them and here they have done it so obviously.
This won’t go into administration, as I said earlier the bod will recoup the money from the well over say 5 years and use these funds for them selves as backpayments for their deferred wages.
Look for Simon stepping down with a golden handshake and Robert taking over, then a crappy asset will be brought into and raise money against and the game starts again.
And even on this rns, the bod were “targeting” 80bopd over 70...... they got 9
Well DoubleUp. You can take a victory lap and I will be right along side. We have been saying that this day would come. No assets, no money and no future. Sorry to say but we were right. My post on going into administration was removed, but I guess the truth hurts to some on this board. FB
They also need to learn to read an RNS as well.
The RNS reads okay to me. The results on the wells could be a bit better but we are doing okay. The report confirms that Colter is not a write off and work is continuing to enhance value.
DYOR
Someone needs to re-read a tr1 LOL
15 million sell. Showing as a buy Strong sell. Avoid this dog
Don’t you see John selling out
What's coming?
Ask John he knows the ins & outs of it...
hahahahahha let me guess, Indian asset???
Hi Guys,
Hold your nerve it's coming.!
Good luck all shareholders