Member Info for CDF1

And all the money they have raised since 2020 /21 has been used for what exactly ?

Since #WCAT 's IPO back in 2020/21 they've had three MoU's, one of them being Sudan, the other two never came to anything ?

Also, in the last 3 years they haven't secured or worked any assets ?

Janiax -

I was thinking the exact same thing and no idea why ..

Still waiting on that large delayed trade from last week, thought it would of landed by now !!

Https://www.scidev.net/global/news/famine-fears-stalk-sudan-as-conflict-spreads/

These poor innocent people, always the ones to suffer, makes me sick :-(

Just get everyone around the table and sort ya sh*t out !!

I was always guided to listen to what PPL are not saying rather than what they are saying, that is the art of reading between the lines ..

1. Chairman raised just enough to pay the way throughout 2024.

2. Update to be released re work schedule once agreed and SA to be signed.

3. Now looking at other Countries too (backup plan) to keep confidence in #WCAT that other work continues behind the scenes as clearly no further work can be done now until no.2 moves forward !!

Most importantly Chairman has 61% so calls the shots with little interference!!

ATB

Most are just sitting tight until the update ..

No doubt some will top slice when it transpires, but we should go up and hopefully sustain a few more notches :-))

ATB

Janiax -

The drop was expected because there was nothing new it was just reiteration of what had been said previously.

And he openly said 4-5 months and it was submitted in September ..

I don't expect to see anything until the end of this month at the earliest, might until the month of February!

ATB

Simple as that !

Zzzzzzzzzzzzzz lol

Https://www.dabangasudan.org/en/all-news/article/sudan-army-no-negotiations-with-rsf-unless-they-retreat-from-urban-areas

RATR -

Hope for you and us all he delivers on what he has said !!

Have been investing for a while now and what they say and what they deliver is sometimes two different things and whilst that does not go for all it goes for the majority ..

Am I hopeful - Yes

Am I realistic - Absolutely

Is the Chairman hopeful - So it seems

Is the Chairman realistic - We'll see

ATB

DS22 -

It's quite simple, this year they have to deliver something, the pressure is on MS, otherwise there'll be mutiny !! lol

ATB

Yes IF he keeps providing updates RATR :-))

But IF he goes quiet then ppl will get impatient and go rainbow chasing elsewhere, so he has to keep momentum moving forward if only once a week would be enough and not Twitter crumbs lol

RATR -

So there was a very sustained period of 1p+ and some up and until War broke out in the Sudan in April, then it has been what it has been, fluctuating with the max just before the AGM now back down again awaiting further news / updates etc

If I were a gambling man I would probably say until some positive comes through the sp will go no higher than .35 but that is purely guesswork.

This may well be why the Chairman is now throwing other countries into the mix ..

ATB

RATR -

And this one from Twitter ..

https://twitter.com/trade_march/status/1743682434816704883

RATR -

Just scrolled back to the very first postings back in 2020 / 2021, seems like many names have come and gone since then, maybe the ol jam & roses tomorrow scenarios ..

Well back in the day when various appointments were being made the SP was up to 2p+ and Zak had it down for 3p ..

MCAP back in the day multiples of where we currently are !!

RATR -

Yes agreed, I had never seen it on their Twitter account until the other day !!

But is that just part of the big tease or is it genuine ? lol

*here not *hear

For:-

https://www.nabirm.com/profile/overview/

and

https://www.crownenergy.se/en/about-us/

What were the outcomes on these, did you ever hear anything more ?

Wasn't hear back then but would be interested to know if anyone could shed any light please.

Thanks

RATR -

Just thinking about the holding that the Chairman has, with such a large volume I don't believe he can be requested to step down at any point for the unlikelihood over promising and under delivering, especially as there is only one other director on the board and with minority shareholder collective volume, very clever that, but correct me if I'm wrong.

He originally trained as a psychologist before migrating into the financial sector so he can read situations and people and that is as good for us as it is protection for him I guess.

ATB

Https://www.wildcatpetroleum.co.uk/wp-content/uploads/2024/01/RNS-Reach-7216Y-Catflap-Newsletter-January-2024.pdf

Although the Company is fully committed to establishing profitable Sudanese oil production in 2024, it will however

pursue any attractive opportunities that present themselves in neighbouring countries such as Chad, South Sudan,

Niger, Ethiopia, Eritrea and Libya.

An older post but relevant to some of the above comments!

https://www.upstreamonline.com/exploration/ambitious-junior-has-eyes-on-billion-barrel-fields-in-sudan-south-sudan-and-chad/2-1-1277082

It's never wise to put all ya eggs in one basket, so is good for the company to identify now that we need more irons in the fire !!

ATB