RE: I don’t think a placing is very29 Mar 2019 08:49
.....OK you can't answer pre-emptive rights so must conclude you don't know as you have constantly reported there is going to be a placing. PRE EMPTIVE RIGHTS are share entitlements which Existing Holders have a Right to take up....
In so far as the 2nd Licence which Shell have an Option for a consideration of £600K, IF they do not take up ( (unlikely on the evidence available), but for argument lets say they do, well as explained the Licence is live until 2022, so not the end of the World.
You conveniently ignore the Portfolio of Licences acquired last year and if just one is a Gem, Bingo.
Anyone who understands the nature of relatively small explorers know the risk/reward scenario which clearly you do not accept and keep reminding yourself. If you are so risk averse why not transfer you attention to company(s) who are in production. Say UKOG as suggested earlier.
You really have a problem with CLNR.
Why is Algy Cluff a NASTY man? What has he done to you?