RE: Merry Christmas holders25 Dec 2024 10:38
Merry Christmas to all holders. It's a pretty tough time this year, I hope we can all prosper next year.
Guys THIS IS NOT OVER! I have been thinking about this, will Lunn take this private or can he without getting 75% votes?
Also with so many eyes on Lunn (main market plus thousands of investors, LSE officials etc) I would be very on the ball if I were Lunn.
No investor here deserves to lose a penny because we all invested in good faith as per the rns's. So I think this will be resolved IMO, whether Lunn and Tom settle their differences appropriately or whether or not we find out more from Lunn about Tom and we hear from Tom about Lunns plans.
What I do know is Tom stepped down because he wasn't happy with what Lunn was suggesting, he felt he could challenge the board if not as CEO, I am looking forward to hearing Tom's side.
This is not over, if this gets resolved we are still sat with Globalvision on a potential few hundred million dollar asset. We have pro oil and gas government now in office too. If this gets resolved and we return to trading with all this behind us then we will absolutely rocket, due to the fact that any wrong doings have been put behind us, any mishaps or anything negative will be sorted. The loan may well be needed repayment by December 2025 but that could be paid back in a few ways (so no need to default the company)!
1) could be paid back with a mix of royalties and a few raises
2) loan could be paid back in full with another loan, hence getting petroquest off our backs and have nothing to do with us anymore once and for all
3) bring in another partner to help fund the deal
There are respectful and logical ways of solving this Mr Lunn. If you are reading, why would you take everyone's livelihoods from them? When you can do this the right way and get the company trading again and everyone can prosper here.
Did you guys know that the potential here is probably 150-200m $ asset? Maybe more. So 4m loan is naff all, seriously. We need to wake up to the fact that Lunn may be trying to take this all for himself, with so many eyes watching, we hope he does the right things, that will be a good day for shareholders and ppp, when they are back trading again with GV and the oil, gas and lithium flowing. From a Minnow to a solid good sized producer.
None of us shareholders can let that opportunity go. If it means voting Lunn out then so be it, but he has time to prove he's not out to screw us - I want to see how Lunn plays this.
Everyone watching, everyone waiting.
Goodluck all. imo this will become very good in the new year, 2025 will be a fantastic year, if Tom gets back in with perhaps the CEO of Globalvision on the board then that would be a formidable partnership. Robert Menzel and Tom allegedly work well together, we should look into this.
Like I said, Lunn has a chance to prove hes there for us, let's see what Lunn does in the next couple of weeks.
Merry Christmas all. Good