RE: Prospectus and voting1 Oct 2025 07:06
I can't vote yes blind can I NewUncle! I need to see the prospectus and what is included.
I also don't think the SP will "crash" at all, not like some are saying. There was a 12p raise, 2x6p raises and now the CLN at 4p. If anything it will open up at somewhere in the middle, 5-7p imo. They can't just drop it willy nilly.
Also the assets must be good to write off £7m of debt, petroquest must be seeing value elsewhere for sure.
The HOT deal with GV is simply being replaced with HOT with RMD Group - I think that's something to do with Robert Menzel anyway. Plus the GV connection isn't dead.
The EU assets must be good imo, as per RNS, 'The directors are all working hard on the new prospectus'.
To write off ,$7m of debt in replacement of 50% shares then to me that's a very good sign.
I will vote yes if I feel it's worth it to. I am waiting on the prospectus now which is meant to be released soon as per rns. Will they release these at the AGM?
Our court case is in two weeks time and I'm not sure how it will go but legally we can still call an egm I believe. Lunn might even get the AGM rigged up before our court date maybe knowing him.