The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Resurrection is needed if you want to oust Sanderson, he has weighted the cards with a 10% advantage to himself. He is determined to rub shareholders noses in it and bleed every last pound from this company.
'It is easy if everything works.' Er, no 5hit Sherlock. Wash plant is already a month late. No details there I see how this monumental fcuk up happened? Cowboy outfit self caused dilemma. Someone not doing their job correctly. I said a month ago no way it would be going by air.
Anyway apparently RRR will be in production and making cash before the next dilutive placing is needed. And shares will be placed @ 0.2p or even 0.3p. So who cares?
Helpful by name, 🤡 by nature.
Just for the mindless rampers. Although apparently RRR be in production and making cash before the next dilutive placing is needed. Or placing shares will be forward sold @ 0.2p or even, wait for it... gasp... 0.3p Tic, toc... 🤡
C'mon Banburyboy, as George Michael said, 'You've gotta have faith'
helpful 🤡 29 Apr 2024 10:50
'Given your own timeline, Bilbale will be in production before funding is required. Ideally, we do a deal on RRAL that gives RRR some cash, pre-IPO funding and a decent residual position for RRR.'
And, there's more. helpful 🤡 29 Apr 2024 12:59 'If RRR places shares at 0.2p is anyone bovvered? or 0.3p?'
And on that note the 🤡 disappears.
Looks like he will have to sell his placings shares at a loss now. Karma.
Unfortunately that won't help the unsuspecting he has lured in to RRR with his lies. NTOG board was spot on with the granny mugger analogy.
You cannot short UK Oil & Gas (UKOG) any more. Its shares are now more than 99.99% down from peak ramp and, at 0.029p the market cap is only just £1 million – there being almost 3.7 billion shares in issue, post one consolidation. But the final death throes are going to be interesting.