Member Info for Ddraig

07.11 - Would Appear, Jimbeax, Bynari (Telemachus), myself and Goldstringer have had a very reasonable discussion...appears you Alaric are the one constantly posting pointless conjecture...Whatever makes you 'appy

07.11 - Drama queen

Jim - Not sure if any others have answered this (given my filter list) but The 112,492,355 are the voting right share Farallon have remaining which is 17.87% of the 629,368,196 total voting share in issue currently.
This is above the significant shareholder threshold (5%) under rule 17 and DTR5 (disclosure and transparency rules) I believe.
Therefore my understanding is that if you have a holding greater than 5% the company is required to disclose when that shareholder acquires additional shares or, in this case, disposes of shares. The company will be required to disclose Farallon disposals right the way down until their holding falls below 5%.

14.32 - very dramatic ha ha. You should be on the boards not a board

Keefy - Rodrod,
I used to think that people posted because they had a financial interest, wanted a financial interest, wanted to reduce/extinguish their financial interest but over time I'm questioning that. Seems to me that some just like the sound of their own written voice, like to wind up, use it as a conduit to self satisfy or self heal personality problems...just look at most of social media...the world changed somewhere in the past 10 years, and I'm not exactly on board.

19.59 - we’ve all done it....what you hoping for for Christmas? ;-)

RNS 27th April

16.38 - We all know that everything up to the 10th May has been driven by DW and therefore him not issuing positive results would not lessen the achievement, however looking at the RNS of the 27th, the minimum time frames for any results were 2 weeks...which would ironically be the 11th. Let's hope they are good and if they are reflect on who go us there.

15.13 - Hmm, I've owned my own financial consultancy company advising banks and FIs' in the city, Spent many years working in banks advising clients - FIs' and corporates (only the big stuff...FTSE 100 and 250) including tax and derivatives advisory...and my accountant for my company only ever gave options (which I generally knew or sometimes provided better approaches anyway) once Id told them the strategy they just made sure the filings were correct.

Its hard to say but the change in board has been sign posted for sometime so I would have expected any positive or negative sentiment to have been factored in? Its not news.
Also chances are AG may have the opportunity to issue one of the best pits of news to hit the company in years...should imagine that'll take precedence?
As for DW's shares...impossible to make comment with any certainty...he has all the information to date so if it looks good (ie Peregrine / Charlie-2 / central leases in light of Talitha)then why would't he continue to hold for the long term you'd expect him to rationally hold and reap much higher benefits going forward if he believes they are available.
Also depends on the structure of the resignation and what post leaving lock out period they may have agreed.

In my experience (and it's probably a fair amount more than most) accountants just have too much control over the business when their function should be more centred around the financial impact and assessment....often the tail wags the dog

I doubt an accountant would have gone for XCD or Umiat and yet to be seen if that was a good play but not looking bad so far...maybe an accountant wouldn't have had the contacts or the ability to broker FOs' with Covid and <$30 a barrel oil price etc...its not just about (as I said, the rules or processes. Without business acumen and strategy...what would they be forecasting? Time slippage and overhead costs? as for management accounting...
"Managerial accounting is the practice of identifying, measuring, analyzing, interpreting, and communicating financial information to managers for the pursuit of an organisation's goals"...its the finding of opportunities and setting of the goals where you need a business developer....just saying

13.40 - that’s why I said ‘very little’ or ‘on the whole’

06.48 - And does it in such a calm and magnanimous fashion....I don't mean that do I...

10.09 - I get that everyone has the right to change their mind and that could well be to do with changing personal circumstances....but then quietly walk away...don't surrender overnight do a 180 degree turn...are you French or something?

09.52 - Accountancy is solely based around objective rules. They learn them and apply them...very little business insight on the whole and their world is generally retrospective recording not forward anticipation. Far too many señor roles in business, large and small are favoured, to accountants who are incredibly risk averse and therefore miss a majority of business opportunities as they have limited vision. Fortunately DW has built the portfolio so AG can now just follow the well trodden path of drilling testing and selling...We are going into stage 2
In simplification...
Stage 1 - Build the portfolio for high risk opportunities
Stage 2 - Drill, test, evaluate and delineate the commercial viable assets
Stage 3 - Negotiation of asset/company sale
You'll only know if 1 has worked at the end of 3 but 2 and 3 are just processes.

06.16 - someone told me you were no more. Clearly not Back after so many years. Really hope you are a regular again to warn people that this will not make money. You’ll be busy with 12bn shares in issue and a large US investor base now. You’ll need to register for Reddit, stockists and Twitter now to make sure your saviour message reaches all.
Very good luck

14.42 - Exactly...

11.32 - I'll let Scot know you miss him? ;-)... Stay appy

Don't worry...I think some times admin get the wrong end of the stick...in this case I pointed out the date of the interview not the reposting date so no-one thought the information was current...yet Scot sat here for a day arrogantly ramping PANR...is what it is...