We would love to hear your thoughts about our site and services, please take our survey here.
Is it possible the cpr won’t be in our favour?
Timekeeping has never been the strong point here. When they pick a date add 1 year
Well said Serif who knows. These opportunities can materialise out of not a lot sometimes. The recent ex director purchases are good sign as they must have the inside scoop but they must have lost a fair amount in recent times but they maybe cost averaging like we all do and any small uplift may encourage them to sell into a profit/ breaking even/ taking less of a loss. I await the outcomes with high hopes as I have done for the past 12 years, I’m never expecting to get all of my money back, but some of it would be nice. Anyone buying in at the current sp I think are on to a winner.
Ripe for a takeover here the cpr will be interesting. Other board mentions serenity being a dead rubber and I have the opinion to agree. The ducks are still far from in a row when it comes to Ireland while the ‘keep it in the ground’ crew are still there. Wressle remains the interesting part gla
Talk is cheap
Welcome to the gentleman’s club. Membership - 3 years.
I don’t trust the new ceo looking at his LinkedIn history but I like the fact he’s bought some shares at the current price even though it’s probably a drop in the ocean with his salary. I would like to see BOC put his hand in his pocket rather than relying on risk free options, good for him.
We need some good news that will move the needle here. The guys in charge are not acceptable in terms of marketing to the share price moving. I feel embarrassed for them. They have a good platform but are more interested in lining their own pockets rather than the shareholders.
I don’t think it will be enough to move the needle. People are much more conservative than they used to be and they want more action rather than cheap talk. I see the possibility and given the share price it surely can’t get much worse. But actions speak louder than words and the greens will do everything they can to keep it in the ground regardless. It may not be the right decision but they will do their best to keep control. It will be interesting to see how they deal with the situation moving forward. I for one am glad they put the rns out. Whether it’s of any use remains to be seen,
Good luck Tacuma. Thanks for your posts over the years. I’ve been thinking of doing the same recently. There comes a time when you should enjoy your money rather than waiting for this bod to bring something of value. I’ll see what they come up with by the end of this year.
Are they the smart ones by not putting money in or are we then? I would suggest they should not be working for a company this size they do not believe in. otherwise align yourself with the shareholders and show some commitment to the cause by using the money they take out of the business to put back in like directors should.
He gets paid 4-5% of income which compared to other companies in general is very high. Especially when you consider nothing has been brought to the table in his term. He has been nothing but a huge liability to all involved I’m afraid. A pay cut is in order for all the bod or they should put their money where their mouthes are and buy some shares! They must be sat around twiddling their thumbs at the moment.
I voted everyone but Cathain out. Wressle will look after itself but Cathain may come in handy for Ireland if anything happens.
The rest are busy fools trying to quantify their salaries.
I’ll give credit when credit is due. Until that time I will remain dubious of the bod’s abilities to provide ‘shareholder value’
The term ‘shareholder value’ is seriously laughable and insulting, just look at the performance over the past 12 years! No wonder they don’t buy any shares in the company they work for, this should be alarm bells. They have done literally nothing to add value, serenity was a huge punt that was unnecessary and the fact it failed calls into question the managements ability to identify a worthwhile prospect. On these salaries they are taking the p***.
All is not lost by a long shot. Eog are producing around 320bopd which isn’t far off UJO at 30m market cap. I did say previously the MM’s will try and take this down. The current climate doesn’t help this situation. I don’t think SO or the current bod are fit for purpose I think they are out to line their own pockets only. This company is fit for consolidation with organic growth via wressle as it has so much potential. Unfortunately Egdon take their sweet time taking advantage. All the prospects we have were provided by previous directors not the current motley crew. I would be interested to hear crushcuts view on the situation, where should they go from here?
None of this would have happened if it wasn’t for SO’s poor decision to become a pawn for I3e to have a bit of fun with. There was a reason no one else was interested in the drill.
We were told I3e chose Eog as a farmin partner because they had such a great technical team….. You have to laugh sometimes.
Come on EOG do us long termers a favour. EOG picked the drill site so it’s a real test of their technical ability so I hear. The mm’s love to take this down so it should be an interesting reaction depending on the outcome. Anything less than the maximum projected resources they will seize the opportunity to let their mates in then drive it upwards. But you’ll struggle to buy at the lows if that’s the case. Thoughts?
It’s been off the table since the greens gained power. Producing their own fossil fuels goes against everything they believe in. He’s the king of the Nimby’s