Member Info for 3cardbrag

Although highly undesirable, I'm not sure that the royalty scheme is the most pressing issue at the moment with low volume/high profit sales ongoing. That's hurting Mr Foo's retirement plans more than ours.
I'm more concerned about, the drilling costs and overruns, the award of the contract to Savannah, the lack of additional sales to local "gas hungry" businesses, the reality or not of a successful insurance claim, the bloated cost of management in relation to the T/O of the business, secrecy surrounding the new 20% shareholder, related parties, eg the website update, allegations about Mr Friend. Proper answers required, not just the usual shoulder shrugging waffle. I think that's enough to be going on with.

All very true, probably, but that said, it is not against company law to refuse to accept an unmerited pay rise/bonus.
You can lead a snout to the trough but you can't stop it drinking, to paraphrase a certain saying.

re "why are you not screaming to VOG about JS, 3card? "
What's the point Biggs? They're all a bunch of scheming liars. Probably wouldn't speak to me anyway.
I'm used to all the disappointments having been here best part of 8 years. Just hoping that something positive is in the offing which is delaying an announcement.
I think I'm on record as saying I'm out at the next decent spike. Didn't someone mention a 60p T/O earlier? That would suit me now.
The annoying thing is I could have gotten out at least 4 times with a decent profit over the last 4 years. Mea maxima culpa

All this talk of a takeover. Personally I can't see it yet, at least not whilst Mr Foo has his royalty scam (sorry typo - scheme) in place. But thinking about it, maybe the big power isn't coming back any time soon and if he is actually telling the truth for once about the lower volume but higher profit power wells and CNG, then moving forward his royalty scheme becomes less attractive to him.
In which case, could we be about to see an announcement that the company is buying out the royalty scheme, possibly for new shares as funds are a tad tight at present. Some 9-12 months down the line, a leaner and hopefully profitable company, unsaddled of the royalty scheme might seem a more lucrative takeover target. And Mr Foo with his enlarged shareholding could cash in his chips, along with the rest of us. Is that too far fetched do you think?

It it's that easy to move houses, I wonder how many Sami tribesmen and their reindeer you could get in the average transporter truck.

Re 10% drop. My only surprise is that we are not already back down to 30p

RNS - what a load of smoke and mirrors gobshiite. Not a hint of apology for once again overpromising and under-delivering.
You can bet yer bottom dollar that foo and Dik are still taking their full salary and foo his royalties.
Absolutely disgusted at once again getting bumf**ked by this pair. Same old vague jam tomorrow carp.
Over to you Banjofoodik for a few words of praise for our dear leaders.

Marvellous this new technology that allows you to have a gas powered mobile phone eh?
Trouble is the size of the cylinder on yer back!!!

Can't imagine why I thought the latest promise of an RNS would be any different. Shouldn't be surprised though. Sorry guys.

For the benefit of the board could you please explain why you made this statement?
"The management here are shocking too."
Yours,
Baffled

If we do get an RNS tomorrow and it turns out just to be a quarterly update with a cursory mention of on-going talks with Eneo, that would be totally unacceptable and Mr Foo should be held to account for, in effect lying to us. Hopefully this will not be the case though. GLA. Even Banfoo.

Can someone please explain to me how sales can drop by 372%?

Sorry for late response Bud. Having to get the nurse to type this as I slit my wrists last night and am heavily bandaged and in a strait jacket.
Only gonna go one of two ways tomorrow IF we get an RNS. Either it's been driven down so MM can hoover up cheap shares for a mahoosive deal. Or it's no deal and back to the 20ps.
Legs crossed as cannot currently cross my fingers. Ooohh matron

re "guess it is the H1 rns and not the ENEO rns..."
That settles it then. Shalom IS the office cleaner!!

Starting to get that sinking feeling in me water works. The only certainty is that we are 3 weeks overdue from Mr Foo's stated deadline with no news. For all we know, our friend Shalom might be the office cleaner. Very poor form.

For those who earlier condemned me as a troll, here is some food for thought.
In Feb 2014 the sp was 0.73p and the shares in issue were 853 million. Whereas now the sp is 1.94p and the shares in issue number is 5.5 BILLION. So whilst you have been fully diluted 6.5 times over, the sp has only risen by a factor of 2.68. If you were unlucky enough to buy in at the big spike, the sp was 8.4p but there were still only 3.5 billion shares in issue. Those unfortunate few will never ever see a return on their investment and I feel for them.
The rampers on here shout out "filtered" at the first sign of dissent because they want to crowd out balanced discussion. But they don't actually filter you, they are still desperate to see what opposing voices are saying.
The fact is most of the extra shares have gone to institutions so PIs have a diminishing voice in the decision making process. And for those who ask why that is a problem, look no further than PFD where a useless CEO is kept in place on vastly inflated benefits by a large institutional holder which is only using the company as a means of selling its own products in UK and Europe.
That's me done, the rampers can say what they like now, including those that have me supposedly on filter.

Having read article, I'm not sure whether that's a good thing or a bad thing. On the one hand it's always good to hear about ""unconstrained demand"". On the other, are they busily creating ways of not using OUR gas?

My posting today is not for some hidden agenda. Merely to offer some friendly advice for those inexperienced investors who may get sucked in by the hype, as I did many years ago with BMR and now very much regret it.
Hundreds of posts every day on here says it all. Lose the negative or balanced posts in a vast sea of ramps.

Lies all lies. I posted on here within the last 2 weeks and as said at the time, I have held these in the past and considered myself luck to escape with a small profit. Why so defensive?

Re "who know, there could an RNS for 2000BPD from the KL next, IMO"
Trust me, 2000 bopd will not satisfy 5.5 billion shares. A mere trickle. If you don't believe that look at what was Nighthawk Energy.