Member Info for doubleup

Baron confirmed this?? Bp confirmed this ages ago but stated not commercial

Ha, ok now work out how much they have raised in last 2 years agains what they have “officially” paid out on projects and work out what they should have left.....

Why was placing imminent? Company had $1.1 mill as of last financials, ??

Adl and their investors have been in this vote/ don’t vote position before and they always get pushed through

Deano this is just a carbon copy of what they have done over the last 3/4 years. This is their business model

Side track eat cost 1.5-2 mill, adl liable for 10%? Max say 200k year they raise 5 times this. Simon is a genius and can retire from what he has earned from adl over the past few years as per Dave did. Next to step up to take over and continue will be Dr Rob Arnott

Everyone has just been diluted to fook! Question is where has all the money gone since October.....more consultancy I guess

Same old same old, rinse and repeat

All about colter, next rns will show what’s what

Have a quick look, will all add up then

TOE expired and guess what... adl also paid bit consultancy fees

FB, basically a carbon copy of when adl brought into TOE

Jace, have a quick look into eagle, their cash position and also history of projects... Also look into Holywell, their cash position and also last time they did a project and current projects...

Jace, do you know how many 100's of thousands if not millions ADL have spent on "conultancy costs" over the years!!!

Yes warrants come into play but why/ if wait until the SP at 2p to buy when you could buy for 1/4 today on the open market?

On Bunga mass....... How the hell did it cost £200k when Simon stated the following -

Simon Gorringe, CEO of Andalas Energy and Power PLC said “We are very pleased to have reached agreement with the vendor for the acquisition of interests in the Bunga Mas PSC. It is an all share deal structured to align the interests of the vendor and our shareholders and ensure that consideration does not pass and additional costs are not incurred until the deal completes.

But Boom if they hadnt paid for colter and only set aside as FB has said then the £800k for colter must have been included in the cash balance of $1164000 as they still would have had that cash somewhere.

Also baffles how Bunga cost £200k when it was supposed to be a share placed purchase anyway costing no funds?

Another question FB, if they had the funds "set aside" would they have been reported in the balance in th financials?

Must have needed to be shown somewhere??

Boom,

3 days to submit the below or what happens to the extension???

The OGA has agreed a 5 month extension of the initial term of licence P2112 to 19 May 2019.

Under the terms of the extension, the licence holder must:

By no later than 31 March 2019, advise the OGA that it either: (i) has elected to drill one well to 3800m or 100m into the Namurian (whichever is the shallower) and approved the necessary funding for the well commitment; or (ii) elected to terminate the licence;

Provide the results of two G&G studies to the OGA by 1 March 2019 together with a conclusion as to whether the results of these studies support a drill decision; and

Provide an update to the OGA by 1 March 2019 on all pre-drill decision work.

They showed up at Indonesian shows.......