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Unfortunately the market doesn't seem to think they are working on something big.
The secondees are more likely to be there asking some difficult questions and perhaps questioning the BODs appetite to invest. In the meantime we've entered yet another period of higher oil and gas prices. "Ooo the timings not right" "Ooo we're still reviewing a number of possible deals" ...
The problem for lots of us though, Scoreagain, is that opening the bottom draw when/if they are £1 will still leave us in the negative. That's how poor the company has performed.
I invested on that original strategy so I'm still hoping for a decent material production purchase.
Paul "They’ve been “actively participating” in deal processes for 5 years now".
This is my very point and concern, particularly those of us who invested from the outset! We've seen all sorts of oil price cycles fly past without delivery on the organisation's strategy to invest in production.
"I’m happy enough right now but clearly something else is coming."
My problem is that the feeling that something else is coming is like groundhog day... that's what I'm miserable about, along with the significant share price drop since floating
Deeko, how pleased will those offshore folk be with their purchases!
The length of time they're stretching out any meaningful activity really is a joke now. Seriously need to pull their fingers out and show investment ambition.
The presentation today will be all old ground stuff (or fluff).
Disillusioned.
Despite the lack of progress over the years and that I'd bottom drawered these, I'm thinking top up on this sudden movement in sp.
This is after me thinking I'm not putting a penny more in lbe 🤷♂️🤷♂️🤷♂️