RE: *NEW PPP mark 2 BIGGER & BETTER - VOTE YES*18 Dec 2025 15:01
I have just finished listening to the meeting online.
I was impressed with Mavriky and how he portrayed himself on the call. He definitely sounds knowledgeable and in particular Ukraine.
The Ukraine asset sounds like a big potential asset, mavriky said gross 1.5billion $ asset minus all expenses and build costs probably circa $350m net and that's one of four leases within the licence I think he said. Obviously that's superb if they can do it.
He mentioned Poland and USA briefly and Canada but not in great detail. The one thing he said was Global vision have 30 oil and gas wells, these are the wells that Global vision have been working on. These were going to be originally part of ppp 'estate or assets" so it looks like Global vision snapped them up and now Robert Menzel is there to obviously make a deal with ppp & RMD to proceed with bringing those to fruition.
Mr Spinks did talk a lot about shareholders and explain things why the company are where we are etc, I wish he would have gone into a bit more detail regarding the likelihood RTO dilution % numbers.
I think a bit more time could have been spent discussing RTO and anticipated return date and things like that.
He said any questions can be sent in and the management team may answer if they can so it might be worth doing that (myself or anyone).