RE: PANTOMIME!10 Dec 2021 22:14
Hi JoeArther, you say 'Without some sort of fund raising how are company expected to continue operating without the usual revenue source. '
As far as I can see, the company, Lekoil plc, does not operate anything. It is a shell that has shares (40%) in an oil company (Lekoil Nigeria) and we pay salaries to some BOD through placings. Sorry, that was a bit 'tongue in cheek' and it is quite funny that there are so many paralegals around.
Of course we, as investors, would want the biggest return possible but it looks as if Olekan is a law unto himself. Do you think we will see an improved offer soon ? GLA, Dan