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Mcadder,you still working at 2am ? You are really a slave at this job aren’t you.I would get a job with better hours or is the pay so good you can’t resist
wow haven't looked here in awhile , from 12p to 0.7 ouch in a year , I hope people sold out long before... passing through
Captain Senseless - the turd who's run out of ammo I see. Remind me where's the SP? 0.66 you say? Speaks for itself doesn't it lol
MadSliity and MeSlackyBladder receiving a real drubbing on the forum today.....lovely...
"The share price is where it is cause of all the negative RNS’s put out by the dodgy BOD"
Yes they are indeed "negative" but they are a reflection of the state of the company.
The nomad has to be satisfied of the accuracy of ALL information prior to release. So if you say the bod are corrupt then the nomad would be in on it too??!!
If at any point there was any suggestion of fraud by the bod you do realise that the nomad would have no choice but to resign as the company's nomad with immediate effect. And trading would be suspended on the day of such an announcement.
Which hasn't happened! Why? Because there is no fraud!!
The share price is where it is cause of all the negative RNS’s put out by the dodgy BOD and the fact that they are going to give the CB’s billions of shares which will dilute the existing almost 2 billion shares by much much more
The markets are not going to present the CB’s with fat profit unlike our criminal BOD
I am so surprised you think otherwise!!
Clearly everyone believes the rationale that this is a scam and the company are not in trouble whatsoever and that's why Hur closed down at an all time low of 0.66p lol
just tell the court that you believe the water is perched and the rates will be declining forthwith.
Adoubletroublebubble" "When in doubt, just make a noise, kick at stones, and cause corporate mayhem. Someone will take notice, somewhere."
Yes, they'll take notice and give you a lollipop .... and a set of crayons ....
yeah... watercut 29%!!!!!!!! 2....9.....!!!
So the BoD is telling the higher court this:
“ we are now producing more oil than even the Q1 at much higher oil price.
We are generating more revenues and far more profits than during Q1
We have over $120 m cash in the bank and increasing more than any time with much higher oil price that many predicted to go much higher.
we have debt to pay 22/7/2022 but we want to settle it now in a hurry by screwing the shareholders and keep our jobs and high salaries”
My Lord..please rubber stamp this paper with our Micky Mouse plans..
High court judge verdict.....call the police to handcuff those bastards...
“ Whereas here, we've got a big boat out there, taking onboard 10500 of oil per day”
Currently is even higher!
The RNS 10/5/2021...” Lancaster is currently producing 11,600 bopd from the P6 well alone with an associated water cut of 29%.”
And oil price at its highest level for the year...
TopCat1,
Your post mimicked mine, but no problem.
CA will certainly have something up their sleeve, and are maybe locking and loading over the weekend. Meanwhile, let's all do the same. And bombard the press, FCA, Chancellor or whoever in protest. Somehow, somewhere, someone will have to take notice. Bring on the 'Chinese aspect' if necessary. It's topical.
This is NOT the same as SXX, which was (and remains) a very speculative thing, based on some premises which may (or may still not be, I don't know) over-promised, regarding risk /reward.
Whereas here, we've got a big boat out there, taking onboard 10500 of oil per day, but a BoD saying they can't pay the bills ? Which aren't due for a year, yet ? And meanwhile paying themselves more than the judge who will hear the case probably makes? (And in fact, the current CEO is paying himself more than the ousted one, founder of the company, did.)
When in doubt, just make a noise, kick at stones, and cause corporate mayhem. Someone will take notice, somewhere.
Of course, there may be some lackeys who may consider that posts such as this particular one of my own may be considered to be a way of bending or 'perverting' justice. But it is not meant as such. Instead, it's simply with the hope that justice is seen to be done.
The company is not 'insolvant' right now, and instead of spending money trying to progress it, the BoD have simply been knocking down the walls to make the edifice look shakier. This is not right.
Or they have written the money off and given up like I have.
Cheers TopCat81, I didn't think that one through.
Why has HUR Disappeared completely from Crystal Amber Fund Limited Monthly Net Asset Value?