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Without the extension what’s the point in drilling at all , shallows or restimulating the Wells we have as the cost and time it would take would make unprofitable. 50m spent and **** all to show for it but a appalling sp .
Ok and in 2 years time when this is down to a penny and your ****ing and moaning like me lol, I have the right to vote no, at the end of the day the reason they are doing consolidation is because they chose Riverfort finance , this is on them and if good news was due then why would they be doing this? They are doing this for 2 reasons , 1 so they can carry on diluting and 2 to pay there wages. If you own 100m shares then they will be 1m after consolidated , John and the new crook will have 1.3m in options costing them about 70k . Like I said if your voting yes you’re voting for constant dilution
There was cash in the bank for the last 3 placing as well, and a lot more hope. A few years they consolidated 10-1 and look at where we are now . Il vote and they either get there **** together or we go bust but no more bull****
Well seems they are going to make a nice little profit off us . I believe they planned it all, Riverfort to drop the price and then this to drop it further. How can they warrant 138m shares at current (pre consolidation) each , for a man that as dropped the price to new all time lows and nothing but failure under his belt and another who has done **** all, a man which I believe most of us don’t want here . This company really is full of the biggest crooks going , how they get away with such corruption is beyond belief
Just did the math on them options and basically if they paid what I paid , then they getting about £2m of shares for £70k, lol and it makes my blood boil , as if they didn’t know what Riverfort would do the the share price , like they couldn’t of gone to existing shareholders and given them a discount and would’ve raised more that what they did from Riverfort. How non of this is illegal il never know
Oh and let’s not forget that they will be awarding themselves the equivalent of 138million shares at an all time low sp EACH. Lmao I mean what the **** , how the **** do they believe they’ve earned it?????? They have taken this company to new lows and I ****ing all time new lows . No I won’t be threatened with the company delisting or bust just so these CROOKS can carry on ****ing us over . No there has to be a limit to the abuse shareholders will take and I truly hope this is it
The bod can’t use the threat of the company going but just to ensure they’re salaries. If your voting yes just to keep the company going then all your doing is allowing the bod to carry on shafting shareholders while take salaries for complete failure
No point selling now as it’s been said before a 95% loss is about the same as 100% loss . I’ll vote and come what may, I won’t allow the threat of the company folding to sway me . If the bod cared about shareholders then 1. The Riverfort finance wouldn’t of happened. 2. They would’ve acted by now