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Always slows before the next move up.
So it seems after 8 months the money owed has been paid and eneo is back to negotiate a contract.Enough funds to last 4 months without a deal.After being here all these years it’s the usual story l hope it’s good news for all.The last fund raiser weeks before contract loss was a confidence destroyer.Oh well hope maybe round the corner as used to be said on this board nearly there.Good luck to all.
I think the institutional investors have stayed in one Newyork investment company seems to have increased its holdings last time l checked.I still after years have my holdings at 2.25 pence after much averaging down before 40 to one consolidation.Many old investors here have become naturally despondent like myself but let’s hope for many including myself that a solution will elevate the share price.The figures of loss seem high but maybe restructuring is taking place good luck to all.
The debt reductions during periods of development are for company progression.The new debt plan will increase the share price pressure as will the lack of direction it seems in terms of the money owed to the company.Well negotiated to reinstate old contracts did not happen just another debt plan?Just feel as many long term holders disappointed at the fact l was naive to buy into this stock.56 pence loyalty release before contract loss.
Great to see 40 pence or should l say a penny.Just hope the proffessional investors from the institutions dont sell before the genral public as we only own a small amount of stock.At the presentation mr Dik stated more funds needed as always hope some dillution or consolidation is not in the spike news.Just hope for many the free gas to Africa is near being resolved after 5 months.Well we can live in hope its been a long painful gamble.
Very smart presentable company director type left his tie in the pub last night.Still looks like the institutions are holding fast.He briefly mentioned a legal team don�t come cheap another drain on funds.The whole thing says little we don�t know a carefully written speech.Think the 8 week thing is a delay tactic.Hope we all get a boost for our shares the gas is there just need more customers that actually pay.Mr Dik is well worth the money he�s paid?.
They should receive payment outstanding before borrowing more money no good expanding the product with no paying customers.
They cant want more funding after the 57 pence privilage share issue years of dilution.I think some how the chances of new investment are small if investors track the history.I hope the directors assets are seized for share holders in the event of meltdown.Investors institutions people like my self and others have stayed invested.The only strange thing was a proper oil man Bob Scott who worked for the company BP worked for Vog the stock rose he bought no shares he had been in Scotland in oil in all aspects of the industry his excuse at the time was he had other interests?.Well l as many are in hope that after all these years it has an agenda no news of the 8 million owed ? No news just a chant for more funds it seems.
They are owed a large amount of money January to April no word of progress.Hope it has a good end result for us all perhaps this news will be positive not just the usual to spike the price to get new money as usual l think many will not rush in at the first chant having been bitten by the 57 pence issue.Facts and not assumptions are badly needed?The company is not an oil exploration company it�s a producer needing customers by the way?
The financial out look of all is that this is after years less than a penny.Bob Scott bought no shares he was an oil man he worked for the company the shares went up when he came due to His credibility down when he left .Mr Scott lived in the oil world a track to follow trace the facts.Having lost my money please trace the oil mans investment once he left the stock dropped.Clever banter does not hide facts.
Yes let�s be hopefull of a favourable outcome .?Confidence in the company is fast diminishing.For reasons that do not require explanation to long term investors.
57 pence fund raiser was to show confidence l would doubt the continual fund raising and dilutions show confidence.l would hope the situation has a good conclusion for share holders if not a full investigation into the companies methods would be warranted .
Well after all this time here the outrage of the 57 pence extra shares then contract loss all l am hoping for is a spike and go l will have lost someone will get a cheap pipeline the directors will have enough to retire.Well l maybe think it�s an African charity not an investment.Just hope it goes up so the Gentleman gets his 90 thousand mine was a lot less but still a large sum of my pension.I think many will be discouraged for new investment here after the last fund fiasco plus no updates.Well won�t be long now before the next news from the nearly there arms.
Yes my thoughts in earlier posts which you have put concisely.
it seems these have a 64 percent institutional holding.This has increased over the years maybe an upside to future company stability for long term investors like me and many others .They don�t seem to be selling in fact increasing holdings.Large purchase made by a new York company as l said before have over 5 percent increased after the 57 pence release.Still hope it seems for long term.
Least we have P .B and B.S for our up dates.The years go on traders have done well on the spikes investors have seen major devaluation to fund the company.Getting a bit long for more fund raising here if they go again its time to sell.Was reading the debt here and it�s payment plan had it in hand til loss of contract.Still say the 57 pence release before contract non payment and loss is known as blunt practice .
Well after years here many people said don�t buy shares .My Father put all his funds into Lloyd�s shares at 6 pounds plus in the 90 s well look now 67pence .New people still buy here might as well be on a horse race watch for more BS or PB make your own opinion what the abrevations .