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Get rid of the current board and the company will already be worth much more than 2.2p.
Bantam 5p for me.
A couple of months ago I could access their website
http://tri-starresources.com/
Doesn't appear to open now!
I have emailed Lavinia Jessop to see if there are any latest updates, the last one was in July 2021.
Bantam
"The last year was an exceptionally busy period for Europa, positioning it very strongly for the future,” O'Cathain said today. “Despite the continuing economic volatility, the period delivered good operational results.”
Production for Europa’s 30%-owned Wressle field has risen to the current rate of 700-750 barrels of oil per day (bopd) gross (or 210-225 bopd net to Europa).
“We are excited about undertaking further development on the Wressle field with a planned gas monetisation project unlocking further upside potential for oil production rates and gas sales from the field. This could add an additional 50% to oil production rates, further boosting Europa's revenues,” said O'Cathain.
“Looking forward, I believe that we are starting to reap the rewards of delivering on our strategic vision, with strong cash flows from our onshore production, further development opportunities at Wressle and Serenity as well as material upside potential with our exploration assets in Ireland, about which we are very excited.”
SO HOW COME IF YOU ARE GIVING SHAREHOLDER VALUE MY LARGE HOLDING IS WORTH LESS THAN 25% OF WHAT I PAID?
It's a reverse Ponzi scheme where it has paid nothing to earlier long term investors, I bought in (was sucked in on promises) at 6p and 3p, who cannot add anymore at ridiculously low prices and fund raising at 1.8p ...so newer investors will get the benefits
Bantam ...shareholder value my fanny, currently director value only.
Well I am a long term shareholder (12 years) with a very large holding which is currently worth 20% of what I have paid.
I have filled out my voting and submitted to NOT re-appoint Oddie, O'Caithan and Williams.
Bantam
Had enough.....they all make Hugh look good!
Well, as a long term holder, I for one (who has a couple of million shares) already decided, after looking into all the detail and reasons, a Yes vote was, and is, the best way forward.
The only downside was the placing offer price. But then we will be multiples of that within the next year or two!
It could be a 'transformational' decision....maybe the first of a few!
Bantam
Let's see how the share price goes over the coming weeks before the deadline!
Bantam
You cannot put in a value for your share that you want unfortunately. Otherwise I would do the same!
That would be nice!
You can only put in the number of shares for each of the relevant options.....so final (strike) price is what they make it based upon the weighted average price.
Bantam
Remember that this is subject to shareholder approval.
Bantam....a multi million shareholder!
that once again Simon has got his timing and pricing beautifully wrong..
Bantam...frustrated LTH
Having seen this all before....this is new investors profit taking in my opinion!
Short term thinking but I understand it!
I've been here since 2010, with a large investment, and am still happy to wait.
The BOD are hopefully putting in a good shift behind the scenes. Once positive news comes you will hear from Simon...not long now methinks!
Bantam
I know Ripley from older times and other boards.
He is genuine. Not like my football club.
Bantam.
Just as I posted that last message, they landed in my portfolio
Nothing yet in my iii portfolio.
They said they were chasing it.
I have still not received mine yet on iii!
Anybody else in the same boat?
Regards Bantam
So sad to hear.
Something he will never get over!
Puts things in perspective.
My deepest sympathies to him and his family.
From the Bantam
3 years ago.....not worth the read now!
Too much change since then.
Dream on
I think the 2 BOD should go on "Would I Lie To You" :-0
Snap...October 2007 for me
Bradford born for me, Mrs B from Blyth in Northumberland but we now are in North Lincolnshire.
Bought my first 8,065 shares at 14.65p back on 9th November 2010.
I have continued to contribute to my two favorite charities ever since (EOG and The Salvation Army).
I currently hold millions of shares but feel that my contributions to the Salvation Army have been more fruitful and better for my blood pressure and soul!
Hugh did not do a lot for this one but maybe he should have got a job with the Sally as a fund raiser! they would have done brilliantly!