Support for PG26 Mar 2025 15:19
Not the greatest video release from our CEO. He is looking tired, but unsurprising really given the attacks on the company and its share price.
I can't see him voluntarily stepping down or accepting an advisory role. This is his baby. He has worked long years to try and bring this to fruition. There have been many delays and changes of direction, but each step has been explained in detail.
I feel sure that some results are being suppressed (by Moroccan authorities?) but all is still to play for.
We are a cash generating producer/ explorer with assets, land, experience and masses of data, which is gold in the Oil & Gas industry.
I believe Paul's intentions are good, as is his methodical approach. It wouldn't hurt to have somebody with a more business minded approach at the helm, but how much damage would it cause to shake up the board?
Once we start selling gas from MOU-3 we should be self sustaining until a farm in partner can be found to help develop Guercif.
Hopefully T&T will gradually have a snowball effect in earnings.
Ireland is looking much more favourable politically than it has for years.
So long as we can avoid further placings at these prices I am happy to hold for long term success.