Member Info for doubleup

Why are no one else interested in the Badger and havnt been for some while?

Can you help me understand the following please mate regarding Badger -

What do ADL bring to the table?

Why are holywell / eagle letting ADL in as they could fund on their own easily with their BOD?

Why would Holywells other directors allow for the Badger asset (and the whole of holywell if they are now a subsidary) to be transfered over to Eagle where they have no holding as only Alan and Paul are directors of Eagle?

Hi Boom,

If Holywell / Eagle are so well backed financially why would they partner up with adl and sell part of there great asset?

As ADL own 100% of the shares in the new company should they have not produced an RNS about this?

All it was is to pass the resolutions they previously said.

Why did you want news from agm?

All resolutions passed.

Company will have 293,243,247 shares in issue and will also be able to add an additional 300,000,000 as and when fit for futher placings should they be needed.

RNS

Does not make a difference to the current market cap.

Hay mate, Frank has been in since I started. LTH holder who is still in.

Frank is that you??

I can see what you are saying about placing but don’t forget somehow they have managed to raise millions since the CEB days on the same old promises. It’s actually good here to have a debate without tamper or de damper being shouted out :)

Dear Chris Thank you for your recent emails. The points you have raised have been noted. The Board of Andalas takes communications with the Company’s shareholders seriously and all correspondence is carefully considered. In the interests of all shareholders, however, and to meet our regulatory obligations of treating all shareholders equally, communications with shareholders must be made through the regulatory channels, including announcements, the AGM, the website and Annual Report. The Company provides updates to shareholders when there is material price sensitive news and when it is in the best interest of the Company and all its shareholders. During the current development phase of the business it is key we minimise cost. To that end, Andalas is run and managed by a very small team; the time and efforts of which must be dedicated to growing the business and creating value for all shareholders. The Board continues to believe that the Company’s focus and area of operations presents an opportunity to build a Company of scale, with an attractive risk / reward profile. We would like to thank you for the support you have shown the Company, which is greatly valued, and we look forward to providing you with further updates on the Company’s progress. Kind Regards Simon Andalas Energy and Power Plc IOMA House Hope Street, Douglas Isle of Man, IM1 1AP Mobile: +447767 472714 Indo. Mobile: +62 877 7664 4880 email: simon.gorringe@andalasenergy.co.uk

Boom your theory on where the company is going is based on your investment and hope that it materialises, mine is theory’s are based on previous experience with the bod. Either could be correct. But until the bod show there hand we all just have theory’s, no?

Doesn’t make sense why they had shares cancelled to be honest, Haven’t an answer for that one.

Why am I still here, I invested so much time and effort into Adl although I have moved on money wise but I still find it interesting to see if they actually do anything. Opinions are just that on here be them good or bad. None of us know what’s going to happen tomorrow

Guys I am no de ramping one bit. As I have said if they pull of a working / cash generative asset then brilliant but I have no trust in them from previous experience with them. That all. Apart from my theory of what’s going on everything else I have posted is fact and is where the company currently are. Could my opinion change if they produce .... of course.

Hay mate, A dormant company who lost 200k last year? Rest could materialise though yes 100%

Looks like there is demand there

Really? Why would i make it up??

Was here from CEB sir. Was here when SP was over 1p.

Look back on my history if you wish.