The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Sorry for the question as out of touch with this. What is happening with West Newton?
I'm invested in UJO as well as here & whilst I'm not happy with UJO at least they're trying to drive things forward now.
Unlike our 2 morons who are doing sweet fa.
It's so clear that they are clueless when it comes to O&G.
The Colle Santo EIA closed for comments on 27.03.24, the final tally is 29 comments
I see George Russell's Mercedes understudy Lewis Hamilton did well to finish only 2 places below him in 9th
OK Uggy, let's just agree to disagree...no probs
persimmon i don't agree, their's wouldn't give a **** , would bail out, there holding here is minimal , if they thought this was broken they wouldn't be here anymore i'm sure they're might ****ed off tho'
Uggy, I think there is more to this than meets the eye. Firstly many of those that represent the larger Institutional Investors were probably known to the joint CEO's on a personal basis prior to involvement in RBD, so they feel honour bound to keep there involvement through 'thick and thin'. Secondly if they pulled out now it would show up their own shortcomings and lack of professional 'nous'.
yes moniman it's entirely up to our 2 scumbags to provide funds to progress wn. ok that means money will be tight for us but as its now **** or bust with us as they have squandered millions on dreadful decisions imo i don't see we have an alternative.
truly dreadful management has brought us to this
i think there has never been any point in having joint idiots in charge when neither of them is competent.
Exactly the licences are in place and potential to supply to UK with a substantial supply of energy that we won't have to import from USA, Norway or Middle East. West Newton will undoubtedly get drilled as part of net Zero obligations if the incompetent 🤡 🤡 get of their lazy ars@s!!!!
Persimmon we already hold the license so I don't see a problem there.
Why you may ask.
Because the Labour Party will almost certainly form the next Government.
Here is an extract header from the Draft Manifesto.
"Commit to stopping the issue of new licences for oil and gas, while managing existing oil and gas wells sustainably over the coming decades"
Shares are an asset, but look at what RBD's were worth years ago to what they are now. West Newton is only an asset of value when and if the field becomes a commercial success.
The only people holding WN back are our 2 toerags. And they call it a key asset !
The two 🤡 🤡 have probably tipped someone of about bad news with CS project do ya think? 🙄
Simon64, still averaging down?
Told you so.....just the start of a 'big boy' baling out?
All pointers are telling us the same story....this dog is going to drop further.
‘ On top of that we can now add incompetence to their list of failings after the Dunrobin debacle.’
WN to get me to entry then I’m out of this dog!
Simon it may be too cheap, however what we need to see is progress ! Something that we're not seeing right now. Just the normal lies we've come to expect here.
On top of that we can now add incompetence to their list of failings after the Dunrobin debacle.
Looks like something positive is brewing for a change.
Grabbed a few more this morning, just too cheap A.T.M
I'm not surprised by anything this pair do or don't do anymore.
They are a walking disaster area.
Yes quite remarkable, they have not informed us.
I'm still waiting for the RNS due last week relating to the relinquishing of the Dunrobin PEDL.
As the operator, you would think they would be on top of that.
"As announced on 31 October 2022, Reabold stated that it intends to return £4 million of excess cash to Reabold shareholders upon receipt of the final £9.5 million net to Reabold from Shell, relating to the sale of the Victory asset."
...I'm still waiting for my share of the £4m