"What have they been doing since July?????25 Sep 2023 17:12
Our mis-named "PredFan", signed up under a n other "pseudonym" on 8 Aug & first posted on 22 Aug, politely with a "Dear Keith" question, followed by 9 negative posts of 12. Today PredFan posts: "What have they been doing since July????? We have achieved nothing on 3 months, other then a 50% reduction in SP".
Strange, on 26 June - closing share price - 11.2p, today 25 Sept - closing share price - 11.25p !
What has Paul, Lonny, Moyra & team done for us lately ? Well apart from two June to mid July very successful & safely drilled & logged wells, in 45-50C summer heat, followed by post well logs analysis, samples analysis & subsequent seismic re-interpretations & evaluations, OHNYM updates, follow on EIA applications & future drill site planning, "Absolutely Nothing" !!!
Oh, forgot to mention, in Aug, they Issued a new Prospectus & a new CPR (with a new company), raised £10M gross, £8.95 nett, paid bills, settled the Directors loaned shares with newly issued shares, signed up for rigless testing with ECS, managed the necessary equipment & team logistic requirements, but yes, apart from that "Absolutely Nothing".
Oh I forgot to mention, they are also involved in finalising the T&T delayed purchase, trying to advance the Corrib South licence with partner & probable LNG discussions & potentially dealing with future Morocco CNG partners & contracts & plant development, whilst maybe trying to sell a large slice of our Moroccan licence & negotiate pricing & stub equites, etc, but definitely apart from that, "Absolutely Nothing" !!!
And that's only the "Nothings" we know about :-) GLA, DAB