RE: Biggs re Foo6 Sep 2018 16:00
Further to above confirmation, two points:-
!. Halfway through the interview Kevin said "one other concept I'VE developed is energy wells.
Hope he's not thinking about a patent and royalties.
2. At 13.30 he said " thank God no more drilling"
So why was it so important to raise 23 million for a vital next phase drilling which didn't go ahead and is now no longer needed? A cynic might think it was a cheap way for as yet undisclosed shareholders to come on board or increase their stake. That would of course assume a cheaper share price than 57p but how did 23 million go so quickly over a period of months when we were also receiving other revenue, reduced revenue yes, but more profitable revenue than from big power revenue?