Member Info for affrm

Yes Hepran 200m shares would be ok but that's already a lot of dilution for existing holders. If they staggered this they would retain some investors and attract new and more investment. I think it would be great for ppp to come back with something really good, perhaps more info on the leases in Ukraine and hopefully they can get Texas back on the books. Remember those can be re added later on apparently....

200m shares is not much I agree but my concern is that they raise that amount now instead of staggering it and then we get diluted more for the RTO to take place. Hopefully not but that's my biggest concern here.

We need to protect the existing holders and hopefully depending how they play it, will attract new Investors (large or small)

I've admitted before a small bit of dilution to get us trading is probably fair do's but the pledged shares and all these millions of shares do not need to be raised right away. It is dilution existing shareholders for no real reason.

Hi Hepran haven't seen you on here much, are you in agreement that dilution should be kept to a minimum and staggered over a couple years or something? Why do we need to raise it all now? The dilution is totally not necessary (not all at once).

We can't just vote yes without seeing a plan from the bod surely? Negotiations should be able to be had right?

Thoughts??

New Uncle get a grip please.

I don't want the company to sink. I have too much invested here. I do not want anybody to lose money, now I am hoping for less dilution as possible. It's gut wrenching tbh. Totally not our fault at all. I wish I hadn't crossed paths with ppp now. It's my biggest regret NOW.

I hope we can keep dilution to a minimum and stagger it out including these pledged shares.

Come on BHP let's see your bid now.

Oh right thanks for updating us.

Appreciate you explaining that 👍🏼 I thought it was a re bid

Jianxi have offered 26p again? Huh? Come on add another 25p and we might be interested

I've had a good read of the board tonight. All I'll say is if Richard or anyone else from the BOD are on here, please be fair. You must try and stagger these shares to be issued and repayments to ex directors etc. By doing that you will be able to secure shareholder value for current holders and it will bring more stability and future investments to our company.

The RTO could proceed I guess but as long as the share price was fair, again I know this is business but it just won't get passed unless we see some good numbers and assets. You need to share more info with us about our leases (unless it's all rubbish and you just want the votes)? I hope not. I actually hope ppp come back with something fantastic. Preferably assets in the USA would be good or Canada. I don't mind Ukraine but we need more answers and info about the leases.

You guys must know the rough approximate numbers of BOPD from the Ukraine leases. Share those with us now.

Also does anyone have info on the other leases in Texas? Not the ones that "ran out" but the ones that were worked over.... Bring them back under our wing, let us have a % of Texas again. That's what we invested in after all!

Come on Spinks let's get to an agreement now, it's gone on too long.

New Uncle (or anyone here) I don't want us to lose money. But we need to maximise our investment here and they need to ensure shareholder value.

Some staggered approach to raises will be our best bet.

LLL333

This is exactly what I want tbh and I'll put it to the bod next week.

ZagEgypt

I agree with affrm and it makes no sense to issue this many shares today. If they need direction then I’d suggest :

- authority for the CLN loan note and additional investment necessary to complete the audit

- authority for Jesse White

- authority for the pledged shares

Then

- no shares for the management and they can be issued options which trigger at various levels above 4p and preferably over 9.55p

- any additional headroom shares or management shares to be requested at the AGM when we have clarity and more advanced information on the RTO

Isn’t that difficult

No way will I be voting yes to all just so New Uncle leaves me holding the baby. No chance. If we all go down we go down with honour and pride. Stop scarpering like a rat and face upto the company like we all are doing. We are trying to get into your thick skull this can come back without being diluted so much ! We need the company to understand and do a phased approach to raises.

Coxy what is some money? How much are you expecting back?

mattk6 i don't know who you are but i know your a ****. that im 100% certain of.

yes i do have that tied up here and it's my one biggest regret now. i feel scammed.

if only you knew the reason why i didn't attend everyone on here would understand.

now f off back under your rock where you've hidden for 18months and never provided any insight or information for us.

i have every right to vote and right now i don't want to vote if our shares are going to be diluted to oblivion.

i'm happy with staggered approach to dilution and that is fair way of doing it. we don't need to raise all of this now. end of.

I meant I don't want absolutely nothing back, I do want money back but come on throw us something god damn it ppp.

Can anyone share what assets are or what they were worth? I understand they were dodging a lot of questions ? So is this all for show so they get their votes and then at the AGM they will send us into oblivion? Or do you think that we won't be diluted heavily and that the assets will be worth millions and millions after all?

Done wrong. They need to ensure shareholders value and work like animals to make this right. It's totally unfair to call everyone names because some are voting No.

Yes I want my money back or more. I don't want nothing back. At the moment they want the votes for power to do as they please at the AGM. Can't you see that ???

New Uncle the reason why you are desperate for this to come back is because you got in very cheap at what like 1 or 2p? Or less?! So no wonder your in a hurry for this to come back whilst we all lost everything.

Your being selfish here because really the company are the ones that need to rectify what they've

Some of us have better things to do zag on a Friday night. Unfortunately that's the truth of it.

Next week I am dialling in. So if you're in the know now, then what was good about last night's meeting? Was there lots of positives there to discuss?

All last night was is they want the votes to pass at the GM so they have more control to do as they please at the AGM.

We need them to confirm exactly what the assets are going to be worth and what licenses we could be involved with. I'll be on next week and be asking lots of Q's

For me its out of BHP and Jianxi to take SOLG

If 26p was rejected maybe another offer may be put forward? Not sure what though. 35-40p?

So guys Jianxi have offered to buy us out for 26p per share?

WHat happens now? Do we get to vote on this?