We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Bring back the days of Dave Whitby. I want to send my kids to Eaton
https://audioboom.com/posts/3722023-329-ceb-resources-ceo-dave-whitby
We are doomed
https://www.marketwatch.com/story/us-oil-plunges-25-to-trade-below-13-a-barrel-to-start-another-punishing-week-2020-04-27
Appreciate your optimism, we all need that. The practicality of the situation is that the oil price has crashed and regardless of what slide rule they use, there is not a project that will meet the commercial test. They have bills to pay and are paying themselves a bit so the 500k won’t last as long as you may expect.
I suspect a number of AIM companies will be at risk of FCA closing them down as they will be trading while insolvent. This of course is the Armageddon scenario but becoming more realistic these days.
Yes bad timing indeed although the management team seems seasoned and there may well be distressed opportunities out there. I am sure the £500k is safe as it is the money of the new investors and of course there is the flexibility of the additional share capital. Nothing today or tomorrow, but I suspect the slide rule will be going over a number of potential investment during these uncertain times which of course will not last forever. GLA and remember we must all do what is expected of us.
Hello to all. Figure we are all hunkering down and doing what we are told, boring for sure. Have been given a long list of to do items that have been ignored for years. How about you all?
Could not be worse timing for the new mgmt of the company. Oil price has crashed, those goofy Saudi’s picked the worst time or the best time to create a supply glut. Arrogant crew.
No asset deals to be closed and now way to raise fresh capital. This is the perfect storm of bad timing. This is not going to recover soon nor is it going to bounce back as that idiot Trump has been suggesting. Hard to find a ray of sunshine in all this except that we are healthy at this end. Hope the same goes for you all.
FB