RE: scir interview MR A rrow14 Jun 2022 19:36
Just watched that interview and it is a reality check for me that shows me that we have been effectively been stripped of all our assets by TR and his cronies.
This deal gives us absolutely no shareholder value as we have put everything into this asset in the past , 20 million plus. It has only insured that he can drop feed himself and his buddies with multi millions for the next couple of years forward. Next to be sold is HE1 remaining shares. He is incapable of making any investment of value and should now go.
This poor deal shouldn't even have been put on the table without a percentage retained at similar terms which AEX got.
It should be the minimum accepted deal.
Get rid of these jokers and get a proper deal maker in for this valuable asset that is so close to drill.
If we were to get 16 million up front it would be a different story but we do not. Shocking to treat us stakeholders like this after all this time.
There is nothing wrong with voting no for a crap deal in which we do not even cover our expenses. TR has done nothing for this company since he has come on board with promises of countless barrels a day promise, mid cap status etc..
What has he achieved only to run us into the ground in this manner and with this deal money in dribs and drabs he will just squander that away too. Mark my words that this will be the only outcome. This deal isn't for the common good of the company and for what I have invested here under false promises I will definitely be voting against this deal. I don't want to have this crowd any access to any asset or funds here anymore. They have done us no good whatsoever.
1/2 of one AD plant and the stripping of our assets isn't a good performance.
I will be voting no. Why would I do any different because he tells me it is the best we can get.
We can get a better deal at a time of gas prices booming and billions there with Sciroccos name on it (another joke)