The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Looks like Dor was only a cash cow to get money into develop the Weald for Ukog and Angs to take our assets back on the cheap leaving us with nothing. Nice on DL, got any more tricks to show us.
Perhaps we can now focus back on what we are really after with 88e. Winx was an unnecessary distraction that went wrong and the disruption to the share price is massively over done. Winx was a few barrels of oil the rest of our assets are measured in billions.
Good oil shows to duster. couldn't make it up could you. Dave is certainly making a name for himself, unfortunately for us its not a good one. Lets hope he is telling the truth about our possible FO partners because we need a success story and soon.
DL must have know this is what was going to happen when he bought loads of UKOG shares when they were cheap. Very nice for him but I think we have all been well and truly shafted by him. Let hope the money he gets from this is properly invested for us share holders and not wasted on his wages. Disgusted by it all.
Well I suppose anyone buying at this price may make money as they are a fraction of the price we all paid in the U.K. 400 to 1 dilution then total collapse of the share price from there. When they are are 300% up we will still on average be 600% down. Nice one DL.
Nope. Cant imagine how he found anyone gullible enough to invest in this dog of a share.
Most probably need more than empty promises of success. I would think that most of these shares are still in UK ownership, that’s why it needs to be back in the U.K. All of DL’s crap about AIM hasn’t stopped him personally investing in a UK company listed on AIM, has it. UKOG ring any bells?
As 30% seems to be the magic number for seeing oil flow will they continue to remove frack fluid beyond the 30% if it’s not yet flowing? I have a feeling that they may need to remove a lot more or possibly re-frack it.
Agree with what you say. So as there is currently no work for the bod to do because we are waiting for someone else to perform surely it�s only right that the bod should reduce or not take any wages to show their support to shareholders.
It doesn�t matter how much oil flows if you cannot trade your shares because some conman registered your company on a foreign exchange. This share will not be any good until it is re-registered on a main uk exchange.
By the way where is Dave now?
Shocking really to think that Dor has taken millions of pounds of of investors and delivered absolutely nothing. Lots of empty promises of success and no substance. It must be time that AIM companies were more regulated and have to show real tangible assets or validated calculated risk made public before they can raise money against it. There is always a certain amount of risk in investing but I think Dor have overstepped the mark.
Only get oil if we drill horizontally from the Weald into the North Sea.
Ex, linking to crap on Twitter is pointless as only an RNS can have substance. As for stating that Dor are totally dependant on the outcome of another company just shows how poor DLs decision making is. Time he stopped blaming everything else for his failures and got on with the job. Not sure he is up to that, so on hindsight, perhaps its time he resigned.
I don't think that DL and his other cronies have any intentions of ever running a company properly. They are just in it for a quick buck and have no morals about the downside for people caught up in their pie in the sky companies. We have all learned an expensive lesson here so best we make sure not to invest in anything that he and the others are associated with. Best place for him is to stay in Aus.