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Things will change here. I do believe it will be the USA prospects that affect those changes as soon as they are proven up with the confirmation of flow rates at the Andrews-1 well. This should be the catalyst as the likelihood of a second successful well would be the sign of further strong revenues. With oil already being sold during the upgrade to permanent production facilities, it is quite obviously they are not selling 20 odd barrels per day as that amount wouldn't be collected for sale. Whatever tanker is arriving and departing, it is not collecting a dribble of oil. Looking forward to hearing in excess of 100 bopd as soon as it can be announced as optimised and stable rates.
Yeah look forward to learning the next dividend on that 100 BOPD
What will it be 0,20p ?
Gosh, didnt they do well. Must be cheers at Bath HQ with that perplexity of pay rewards.
Are you sitting there refreshing the page every few minutes Heid so you can reply negatively to every post? I guess the maid is making your coffee to save you leaving your laptop.
No Christine, why are you ?
No doubt you will be here all day as always.
I am just digesting the Annual Report an the drop in the share price.
Andrews-1-17
I see CT5's flow forecast has gone from 150bopd to 100bopd. 🤣🤣
Ooops, Pboo failed to add 'in excess' that was in my post. Will you be parking up at the Andrews-1 well in Oklahoma counting tankers this summer Pboo? Perhaps they will feel sorry for you too and invite you in 😂
I am going 275 a day FWIW
Of course we could just wait and see :-)
You can have all the barrels of oil you like but are the board strategically growing the share price or their salaries ?
Buy backs stopped. One poor dividend. Share price still a trader's dream. 8p below last year's AGM. No buys for Craig or options for Zac. Forget Biscathorpe an N Kelsey..
Hey ho...we are all still stuck here with the future's bright.
Jeez Heid, don't you get fed up of saying the same thing over and over again? 🙄
Does David not get fed up of putting the future's bright on every annual report ?!
Maybe one day we will all be as bright as his bank account.
Some retirement coming up !
What new investors????
The share price has fallen since you started to invest in the USA.
I bet Reach are so please they found you.
We believe our heightened activity and the expected additional news-flow generated, combined with effective investor engagement on both sides of the Atlantic, will continue to attract the ongoing support of our existing shareholders and the attention of new investors, broadening the appeal of the Company to a wider audience.
Phoo telling porkies again it was 14 before the UsA
that is what has pushed it up to 24 pnly this last RNS
not sogood
Pboo, you're in? To make money? (Some have questioned.)
Do shut up Heid.
Do you know what I honestly think ? The board will retire, hence this extra payment they got, an we will all be left carrying the can. Same old AIM. To think I fell for it.
Do shut up Heid.
Craig Howie the new Non-Executive
I wonder what his salary will be declared next year ?!
Gonna be pretty high me thinks going by this year's little windfall payouts to the board.
An you lot had a dig at me for saying our dividend was scrooge.
During 2023, six Board meetings and two Audit and Remuneration Committee meetings were held, either by telephone or in person.
I bet that was a tough meeting over the phone.
" Hi Joe, I think we deserve a pay rise ?!"
"We certainly do Da-vid"
" Gotta go now mate as the 2.30 is starting soon. I will let Ray know."
Notably Mr Bull is the Chairman of the Remuneration Committee .... Wish I was mates with Mr Bull.
I mean Graham was hardly going to say no to a pay rise request was he ?!!
Yet if I asked for a higher dividend they would all laugh in my face as the money is needed for drills.