Member Info for dusterhater

And also take a pay cut to half what they were on before recent pay rise untill they bring home the bacon.

People are worried about this 100:1 consolidation - why can't art retract and say max 100:1 consolidation.

Shareholders would be more accepting of that.

Ghi I expect arts tech would of been recorded now as probably potential JV partners would want the technical details also maybe SR report.

I would not of thought any JV partner would want to be relying on one man ( art) they would want their own technical fully up to speed I would say.

And so yes a new ceo would / could be an option going forward if that is what peeps wanted.

Then why ask for 1000:1 especially now.?

Yes I was thinking that also - so a few months away atm.

It's all just words.

What we need here is news oil being lifted at profitable rates - - - ie a big lift in barrels per day.

That will get the sp rising.

J/V news to come hopefully stlll ongoing.

Maybe if he would give us some good news the UK market may improve - just a thought

Why can't art just land us a fantastic rns.. JV.

Consolidation x 20 if need be no 1000:1

Production up.

Then we can all be good buddies and Art will be back in our good books.

To be fair regarding ii's buying it don't matter a jot if sp is 5p, 50p...... Or 200p it's about market cap and if they see value and returns.

I think some Ii's do have a minimum market cap requirement.

Correct £50.

And £500.

£500 per share after consolidation and so most of us want a 10 bagger from here so we are looking at £5000 per share - wow

Dunc without the massive consolidation art won't have headroom to dilute - that's the point.

I agree stas - as far as a farm in deal is concerned I can't see It matters regarding sp. They farm into the asset not the company.

I agree some people should sell f ook off - but I guess they are waiting for the better news to drop in hope of getting their money back.

Of course there are the weird ones who do seem to get off on others misfortunes. - they probably don't even hold shares here. Sick f. Oookers

I think some people are just angry that they have lost a packet here.

Hopefully then mid next year buy back would be good. Will be nice if it happens.

😯

Ed I get you point ( yes I know what share buy backs are) and I agree.

But this is copl and it appears the ceo does not really care about what the sp is at ( at least for now anyway) and so I would say that revenue / profit from any increased production may be used to lift production more + also obviously even bigger pay rises and bonuses for the bod.

I just can't see Art using the funds to buy back shares on open market.

Imo

That is a nice thought but would be along along way off if happened at all. Unless you are referring to bond buy back.

Would be great if Art dropped an rns saying the 1000:1 consolidation has been scrapped and we are doing a 20:1 consolidation so as can join USA market. That I can live with.

Love it.

Pilots easily pleased by the look of it.