RE: Patience1 May 2026 11:59
How do you know all this? Easy said but not substance.
Did they say dubhe would be good and it has hydrocarbons.. and they stop, they knowlingly omitted it from futher rns. They spent all that time, money, raising more funds via shares, effort, then it was envelope of whatever.
Stop being gullible and and being angry at me or others for their view. Channel your anger at the board, where 's monthly meetings or updates.
Before you say.. "deAls TaKE a LoNg Time" yes and I'm sure they scale that theyre doing it, considering shrinkage, lawyers and other factors yeah it takes a while. But why be so over confident and say next RNS will be good. then by the end of the summer
I'll tell you what's happening - the board are planning deals with other companies (has to be factually correct as per RNS by law) BUT they're also planning if no deals happen... the balls not in pantheon's court anymore - it would be if they can prove hydrocarbons is commerically viable!
SP is 10p, they know it will go very low, funding is running out, and they also need to plan how the board can pay themselves lawfully and over a period of time before the organises ceases to exist for all the effort and time they've put it - no one is going to live forever and the board aren't going to stay and try and keep this company afloat for another 5,10,15 years at this SP or else they'd have continued with Dubhe because they might be a slight possiblity of commercial viable hydrocarbons, if they've 50% already.
It's also in their plans on how to let the shareholder down slowly and let them know if no deal happens, they ain't going back to dubhe, they're pulling funds out and SP will drop to 0. Once they're out, you're funds are gone and they're bankrupt and no longer liable - are you still going to be angry at the folk on this chat forum.
WORDING IS ALWAYS KEY AND IMPORTANT!