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Correct me if I am wrong but the last fund raise was not through the typical broker route but through a placing, which I can't remember now, but it was cheap for the company. So why give them the opportunity to raise at any price when they can raise money cheaply after explaining to shareholders what they intend to use it for. If the share price was much higher than it is today maybe I would be more sympathetic but the share price is still just about what it was when WH took over. That doesn't shout 'brilliant job' to me. I need more than 'it will all be alright ' for me to believe them.

Well so far I haven't seen any transformation, certainly not in the share price and not for the salaries being paid. Until the Chinese approve the farmout and the drill bit is turning, there wont be any transformation.

What is Plan B if something happens and the Chinese don't come onboard? Do we let them raise more money to pay exorbitant salaries or do we say enough is enough and you need to lose your cushy jobs and find a merger. They need to realise that this is their last chance. WH has pulled out £675,000 out of the company which looks like cash and the company simply cannot afford that and the non-executive and remuneration committee should know that.

I will be voting a NO on dissolution of preemption rights for raising 10%., if they have a good case to raise yet more money they can put it to the long suffering shareholders. If they can't make a go of this company without continually diluting shareholders, then they need to think of merging. That has to be better than continuing to dilute so we can fund 360,000/yr CEO salary

I will be voting a NO on dissolution of preemption rights for raising 10%., if they have a good case to raise yet more money they can put it to the long suffering shareholders. If they can't make a go of this company without continually diluting shareholders, then they need to think of merging. That has to be better than continuing to dilute so we can fund 360,000/yr CEO salary

They really need to get this over the line or WH is out the door. We need this well drilled by early 2027. They need to go sit at the Chinese door everyday until they get the approvals

That should see the share price go up, I don't think the Chinese will want to upset EG so hopefully approvals from their side not long.

"We remain confident in the merits of the Cloughton gas appraisal well and are pursuing an appeal whilst opening a data room to attract a farm-in partner".

They need to just focus on EG, Cloughton is a waste of money

No, we still need the Chinses government to approve (agree) to the fuhai farmin deal. This is probably the holdup.

Yes, well done Maytheforce, I think you will at least break even and may even make something out of this share at last, I hope everyone does. It has been a painful path but once we get the Chinese to agree then we will finally see the light at the end of this dark road

Yes, I got a good laugh when they said they the company was loss making by design!!

Dream on. Let's just get to 5p first and let's hope that doesn't take 40 weeks!

Here is the story, since Will Holland has been CEO, appointed March 23, the share price has been above 1.2p when he started more than 3 years ago (at £360,000/year, plus benefits, plus pension), only 2 months in 2023, 2 months in 2025 and 4.5 months in 2026, now that we are back down to below 1.2p .

He needs to start earning that money and get that well drilled or he is out the door like Simon Oddie, I am so tired of BOD 's taking all the money out of this company and not delivering for shareholders

I have also let them know that they are wasting their money on UK/Ireland but clearly they didn't listen. They need something to do and pay all their consultants and staff. They have one asset they need to concentrate on, EG, get that across the line, drill the well!! Forget everything else and get rid of all unnecessary staff.

If everything comes together, I would hope we could see close to double this share price for a sale or maybe triple. In any case, it looks like it has a lot further to rise

To put the above into context, Rome has previously indicated that based on modelling, Bisie North has a low-high exploration target range of 102k-260k Sn. For comparison, the world class Alphamin Mpama mine has been reported to have resources of 325k tonnes Sn. A resource of 260k tonnes Sn would probably imply Bisie North having the highest potential of any of the tin projects under development currently.

Now that is something!! Alphamin would definitely buy us.

Well let's hope Gervais starts applying some pressure on Will as he has stated that he believes the farmout will be signed soon and the well will be drilled soon after that.

If this well doesn't get drilled in the next 10 months , which is 3 months into next year then Will is gone. He said it was through his connections that we had this opportunity, which doesn't appear to be materialising, and is was going to be drilled this year. He may even be voted out if we haven't got a firm drill date by Dec 30th, which was last AGM date.

Gerry,

Nothing in my inbox, certainly not form EOG

I agree, we need options and we have heard NOTHING. How long does the licence extension last, what will happen if the Chinese dont actually complete the deal??? All questions that need answering

Where is the news flow from the CEO? We need an update, he said we would be drilling this well late this year. There are many people who bought into the placing based on that presumption but I have my doubts now. He needs to update us on what is going on. If he had any inclination that the Chinese would take this long, he should not have misled us. The share price will drift if we dont see positive news.