Member Info for Aimshame

He is getting a very nice Christmas bonus without delivering on the farmout so I would say he will have a very nice Christmas after all he gets around £30000/month and it getting a bonus on top of that. But he isnt a rich man and he has told us in the past.

Yes, I will vote against SAR because clearly he cares more about the directors and his job, which he probably spends about 1 day a month on and gets paid well, then the shareholders or the Company. If Elenor Rowley is also on the RC, I will vote against her as well. I am okay with BO because I see that he wants the Company to succeed but he needs to get a grip on the level of salaries which are out of proportion and if by paying cash bonuses and large salaries to non-execs you have to issue shares to get cash into the Company then he isn't right for the job either.

Yes, so the best thing to do is vote they get shares because it is very difficult for them to sell shares. Terrible choice but that is what the renumeration committee decided was best for the company. I know how I will vote if they come up for election and I am still a shareholder which I pray is not the case.

The interim report showed .9mm in cash down from 1.5mm from the previous year. The remuneration committee which appears to be SAR plus one other assume it is Rowley director have awarded WH back in March 2025 when the share price was 1.1p down from 1.2p the previous year March 9 2023 a bonus of £50,000. This is a man who is earning in excess of £360,000 so over £400,000/yr at a company that has very little cash and has actually over delivered an LOI. I don't know about you all but I find that a real kick in the teeth to shareholders. Now, Bo is being rewarded with close to £150,000 for a non-executive Chairman role. I know he is a major shareholder but that is quite a salary for such a small company with again little cash.

Here is the real kick, if we don't vote for Resolutions 9&10, they get their payments in cash. Now, I ask, does the Company really have that kind f money to give to the BOD's, would it then force the Company to issues shares just to pay these bonus/salraly. You have to say, yet again the BOD's are just lining their own pockets with the help of the non-execs. Are the non-execs working for the Company or the shareholders? I think I have an idea!

I certainly won't vote for any rewards or share dilution through further equity release until they deliver on the EG farm out.

Well those are pretty hefty share awards, Bo gets 160,000 GBP and WH gets 80,0000 GBP. Now I can accept Bo since he has put money in and does not take a salary but for someone on 365,000 plus pension and hasn't actually got the deal over the line it looks too generous. He is on a whacking salary and yes the share price has gone up but only from 1.6p. So until the deal on EG is delivered I think his salary is plenty and we don't need further dilution.

AGM this year???? I would have my doubts as it takes several days to post and 21 days notice which takes us just before Christmas, seems highly unlikely to me

I finally have hope that we will see at least 5p on drill.

Yes, hopefully the farmout happens and we get at least one well fully c arried and in 2026, that will definitely see an increase in share price. However, WH needs to remember what happened to Simon Oddie when he raised money on a drill rns ( I know, in theory he can't do it because of th e past resolutions but I have seen it before, so best to remind him). Simon Oddie was voted off the BODby shareholders because he ruined the co mpany with a fund raise and disastrous well.

Best CEO, well let's see if he can get the share price well above what it was when he started. At present, it is below.

I think Serif is right AGM next year

Of course EOG need to release a statement today, the licence expires tomorrow.

I am delighted that the share price is finally.moving in the right direction but it is still below what it was when WH took over as CE O. He is paid an enormous salary to deliver and unless the share price goes above 2p and continues to rise then he really wont have proved he.is.worth his salary. If we get a farmout with a carried well and it is not too far in the distance, and we dont raise.any funds, which will kill the rise, then it should continue to rise if WH promotes it properly.

The title of the presentation says Interim results presentation. I doubt they will look pretty

WH certainly doesnt need a bonus, he is already on a disproportionate salary for what EOG is, a tiny aim oil and gas company. He is being paid to deliver and that is what he needs to do. He needs to get the share price up and keep it up by selling the company as having a great prospect of multi-bagging on the share price with a well in EG. It is difficult when people sell out at below 1p and make a profit but he oversaw a 50% share price fall during his tenure, so it really is his own doing.

It is really good news that BGF are out, with a big chunk of equity it was a constant drip feed taking the share price down. Lets hope Polus are out also a nd replaced with retail who will not have such huge holdings. I think this really helps the share price. Lets get 1 p and then 2 p before a farmout is announced. It is still below when WH took over so he needs to show he is worth his paycheck and sell this company to really g et the share price moving

Agree at least we have the chance to see an increasing share price

I have seen Europa get around shareholders rights by issuing shares in the Channel Islands and raise money through a cash box. It was reprehensible but they did it and I dont trust any Board to uphold shareholders rights. Yes, in theory they cannot raise money but they could call an EGM and try to get around the disallowance of shares for cash. I only hope Bo doesnt want anymore dilution. In reality, I think they would find it difficult to raise money and would be a very deep discount to the share price.

I hope the BOD see sense and DO NOT HAVE A FUNDRAISE, Simon Oddie did exactly that when he announced they were going to drill Serenity, the share price dropped almost 50%, if I remember right it was from 4p to 2p. If they need to have more money, they need to tighten the purse strings, drop salaries and get rid of consultants. It is a sub £8mm pound market cap. Get the farmout over the line, drill the well and if it comes in then raise money.

This is good news but it is not over the line yet and the share price is still only .7p, that is still 30% less than when Will took over, he needs to start marketing the Company to get the share price up. He needs to start now and sell the Company to investors because I suspect we have all lost money and need a significant increase in share price a lot higher than .7p