RE: Cperkin24 Oct 2018 13:17
*The market cap is below £14 million because its been totally mismanaged, no income and the business model, to date, hasn’t been successful (I don’t class the UKOG transactions by the “new BOD” as a success)
*£7.5 million is in the bank due to endless dilutions from the old and new regime.
* Debt free, yep. Thank the LTHs for that. All diluted into oblivion
*Yes the Tanzania asset is great. But due to ongoing geopolitical issues and the above reasons the market is not interested in SOLO unless a drill is involved
As Kev says, it’s a lemon