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This is a very good question, in fact, have we ever had one?!
Wonder if big Al thinks some news for the shareholders might not go amiss (just a small progress update, particularly the diagnostics side), you know, just to act in the shareholders interests...
Mommur, unfortunately discoveries don't seem to be in fashion at the moment so i doubt a discovery with the remaining drills will make a material difference to the SP. Egyptian Vulture is a good discovery but we are at 50p a share. Market wants cash generation and so did shareholders when we were sold the company strategy.
They should change the company name to just 'Longboat'.
If only longboat energy had some energy to sell eh! :(
The board has now passed 1) a point where the price of oil and gas was poor, 2) where prices had stabilised and 3) where prices are going through the roof! Big question now is when will they become a production company???
The board clearly knows best
WitH shareholders' interests in mind i think we need our esteemed leader to provide a clear update on the lft position. Is it or isn't it, timescales, initial discussionswith regulators, update on medical authority's assessment of devises, views on future covid testing etc etc.
Currently, as we have all indicated, updates and communication has been very poor to say the least. The company has lost an arm and a lot of shareholders with it.
Which investors plunged money in at 1.20 a pop in the past? Are they still with us?
Terrible state of affairs.
Best test in the world, sell all we can make etc. (Big laughy face and aubergine emojis)
Wholeheartedly agree with you there jh.
Took an age to relist on an exploration basis, against the initial concept. The lack of a production deal since has seen confidence significantly erode.
I didn't and don't want exploration at the stage i am at with investing. Another lesson learned eh...
Roundhowe - "Ash....AS would need to know the exact product before getting a steer. Regulators don't work "in principle" They truly don't".
Well he'd better just get a move on sorting out the 'simple process' of the affirmer and antibody then
Why doesn't our esteemed leader find out about the regulatory requirements in principle whilst working on the antibody/ affirmer. He would then have been able to communicate with the market more clearly (extremely mad face emoji)
I agree flabby what a rancid share and company. As someone else has said i certainly didn't invest for exploration, i thought those days with the likes of Faroe Petroleum and Desire Petroleum were behind me. Mislead and no sign of current management getting the company back on track.
What if a duster in the current drill 54p would be my guess.
Certainly not throwing a penny more at this until it attains its original intention.