Member Info for 3cardbrag

Didn't spot the spelling gaffe. lol

Re "I’ll gotton gains"
May I suggest "Assets or money obtained through nefarious means"?

Breaking it down -"a business that functions" - BMR isn't functioning as a business, it's carrying out a mates rates fire sale of valuable assets to save these assets from creditors when the brown stuff hits the fan.
-" without the threat of liquidation" - Given there is no income to cover ongoing costs, mainly snouts salaries, and with no investor wanting to touch it with a barge pole, that threat seems increasingly likely.
Frankly I find it bizarre that Viginere is even more upbeat now than before we were de-listed and sold up the river. Bizarre or perhaps nasty.

Using this as a standard definition of a going concern, how sure are you in your own mind that BMR will not be in liquidation in 12 months time?
"A going concern is a business that functions without the threat of liquidation for the foreseeable future, usually regarded as at least within 12 months."

If accusing someone of destroying shareholder value is a crime, then I am guilty as charged. As for your plan, anyone with a modicum of common sense will know that any meaningful royalties are a long way off, possibly years away. By then the company will have long since parted with any remaining assets and probably diluted the existing shareholders to hell by issuing directors shares in lieu of salary.
So on the second point of my post, most directors with a track record like Mr Borelli's over the last 2 years would have gone by now or been sacked. So why else would he stay?

Yeah he always used to link our SP misfortunes to POI, just like another loser, Gavin Darby of PFD who always tries to link PFD's misfortunes to the weather.
T minus 8 and counting.

It's pure fantasy land to suggest Mr Borelli is in this for the share value. Firstly he has been instrumental in destroying shareholder value. And secondly, with the deal he has kindly negotiated on our behalf, it's hard to see when his shares are likely to be worth much more than their current value of c£76000 (which is of course based on the last listed trade and could be considerably less).
No he's in it for the salary and perks package which is worth far more to him.
Would be interested to know if he or his family have any significant holdings in GLR or JLP.

Let's hope it is only 5 years. If it were 10 that would give Mr Foo the perfect excuse to tap us for another 50 million for the next phase of drilling.
A 5 year contract should see a large enough spike for me to get out. Certainly aren't in this for the dividends.

T minus 9 and counting

Just scoring through VOG's website found this.
"It has been brought to our attention that some individuals have received fake job offers purporting to be from Victoria Oil & Gas Plc; this is recruitment fraud. The aim of recruitment fraud is to obtain your personal information or money.
Victoria Oil & Gas Plc would never request money from candidates, only ever communicate with potential candidates from the domain name @victoriaoilandgas.com and would always interview candidates in person at one of our offices. Any job offer that has not followed this process is not genuine"
Made me think that some INVESTORS have received fake offers of untold wealth and they WERE asked for money up front. lol.

Biggs - just checked Linkedin. Maybe this one??
" Previous - Financial Reporting Manager at Avocet Mining PLC, Sabbatical at Home, Financial Accountant at Tullow Oil PLC, Joint Venture Accountant at.."

Just spoke to a guy called Jonathan Shalom at VOG re the Eneo reconnection.
He tells me that this has been delayed but when pressed he said there will be an RNS next week (Thursday).
Didn't unfortunately say whether it would be good or bad news though.
So T minus 10 and counting.

Abandon hope all ye who invest (sic) here

I emailed him a couple of weeks ago and got no reply.
Talk of a £1.30 T/O may be fanciful at this time and course it's only us passing the time of day here, but wouldn't that be great?
Even it it did happen though, the price would be nowhere near £1.30 based on recent SP trends. In that respect, you would have expected the board to be releasing news to pump up SP prior to agreeing a T/O price. Oh wait a minute, they did that nearly 4 weeks ago didn't they?

Now well into the 4th week since Mr Foo's "couple of weeks" announcement and not a peep from the board.
Utterly disgraceful the contempt with which the board holds its shareholders.

The point is that when Mr Foo went into that investor forum interview, he could have said that he hoped that big power would be back on in the next few weeks.
But he didn't. He instead confidently predicted that power WOULD be back on within a couple of weeks. And in the same interview he said that they are aware they have all too often over promised and underdelivered and that this has to change.
That he has gone back on his word and not even had the decency to inform shareholders why things haven't materialised as promised, speaks volumes and helps to explain why A) the SP is so poor and B) The city doesn't trust him, apart of course from the bit that earns money on diluting fundraisings.

Only difference is when we raise it tends to be at the exclusion of PIs thus automatically diluting them, apart of course from the one last year when they screwed us for 57p whilst fully aware that we were going down.

Over six figures invested equals 7 figures. Is that over 1 million pounds or 1 million shares?

More to the point though, 3 weeks have now elapsed since we were given a fairly unequivocal statement by Mr Foo that big power would be back on within a couple (2) of weeks.
If it's on, we should be told. If it's not on we should be told why not.
Either way it's a pretty depressing same old same old.
Kev is gradually building up a repertoire of phrases that come back again and again to haunt him and disappoint us, such as " unconstrained demand for gas". We can now add "couple of weeks" to that list. Lots of love, lol

Maybe Banjo is actually David Cameron and he's just spreading the luurve. lol