Not really guilty. Bit stupid for getting involved in the first place & too stubborn to sell at a loss whilst there is still a faint hope that PIs won't get royally screwed in the end!
//You obviously hate this company, so why not move on//
But I LURV PM & all the pearls of wisdom I read on this board. Great entertainment! (If only FA had stayed) BTW - unlike many know-it-alls here I never try to tell anyone they should buy/sell/hold. DYOR innit.
Assuming GoM have earmarked PM's oil for the refinery and are quite happy for it to be left underground until they are ready for it - can PM make it through to then without further cash raises or should they consider mothballing the project, laying off employees & stopping BoD salaries until production starts?
We all know (or should) that AIM is like the Wild West and the UK regulator will do diddly even if there is fraud. Maybe a good old-fashioned lynching....