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Markettimer
Gosh what drama!
I wonder what it was they didn’t like?
And posts removed. Do you get banned for asking questions and quoting numbers from the filed accounts? That's a slippery slope...
There must be some mistake. Markettimer didn't say anything particularly controversial. Plus, all the information he quoted was in the public domain. What on earth's going on?
Very strange.
Somebody obviously doesn't like the truth being
disclosed. As you say if in the public domain there shouldn't be a problem.
Someone must be upset.
I wonder why.
I mean they have nothing to hide do they?
Everyone should be very careful on here. Looks like the Company are cracking down?
PS, Gneiss are to my mind the best oil and gas consultants. Worth every penny IMHO. And our BOD are doing a fantastic job. Just look at that AD plant they bought a bit of. And so charitable giving 50% away to a couple of other dudes. These troublemaking shareholders should be ashamed of themeselves.
This is where the Finance PR earn their money. Good old gentle Ben
That’s the brilliant thing I suppose. Spending shareholders money to protect themselves (and by extension they would argue, the best interests of shareholders)
Don’t you guys know what’s good for you??
I never liked markettimer he was way too impertinent asking so many akward questions!
GE
Well, it looks like they've won... Markettimer's banning has absolutely killed off any challenging and stimulating discussions regarding the direction of travel of Scirocco Energy Plc. Yep, great way to entice new investment...
They have complete control 44RJ.
They have made sure there are enough voting shares in friendly hands.
A lot of assets have been sold, and the cost of these sales has left nothing for shareholders.
I can now see a risk of the company completely folding if the loan is not obtained soon (leading to relinquishment). Such relinquishment would be seen as SCIR pulling out of the deal I would think, and could trigger payments to Gneiss (which SCIR don’t have funds to pay in full).
And they'll say it's all the pesky shareholders fault.
It's unfair to single him out while allowing professional trolls free to clog up the board.
Posting facts and opinions that don’t fit your world view is not trolling AA (assuming your post was targeted at me).
I’ve called the events here rather well. I know you don’t like that, but don’t shoot the messenger!!
Just saying it was unfair to single him out mrc,
Nothing personal
I can assure holders, lots happening behind the scenes.
Thank you BD. That is good to hear.
We need to stop squabbling amongst ourselves and post comments that are factual and remain polite and courteous to other members of this group!
Every one is entitled to their opinion and they should be back that up by with facts and not speculation!
AGE
Welcome back MT
Lol love the new handle
Why mrc_mrc you are speculating yet again!
AGE
Did anyone notice that the Ruvuma asset has an impairment on fair value revaluation of £3,846,000.
This means that the carrying value has been reduced by that amount as the proceeds of £11,828,000 are going to be lower than the carrying value. We know that the proceeds for the Ruvuma deal are 16m USD and I used HMRC’s exchange rate on the 31/12/2021 which is 1.3465 to calculate what the gross proceeds should be and I arrived at £11,882,658 which compares to the £11,828,000 shown in note 10 of the accounts. We know from the RNS that J Fitzpatrick is going to receive a success fee which is stated to be within market norms but who knows what a market norm is! The fair value less costs to sell must not include J Fitzpatrick’s success fee!
AGE
Can anyone help? I’m trying to find an article written by someone called the sheriff of aim mentioned to me by a friend, apparently it relates to scirocco energy. Thanks in anticipation.