Member Info for Fastfood

It matters very much in my calculations. I’ll make my points known when it come out.

Good example Posted by Eazy. Has merit. Good read.

£50m lol. Here we go. That be nice. Pay off our Senior Lender. Nice one.

There’ll be no suspension imo. This would apply controversy to a free Trading Market. Controversy best avoided by Art.

Chuggs. FYI. The Significant Shareholder List will be updated every 6 months. Last update 22 Feb. Or when TR-1 circumstance permit for example. So either way an update coming soon. I will compare once revealed.

The Company could update the SSL more regularly but that would come at a cost to which the Directors wish to avoid for obvs reasons / avoid waste.

Dickbat.

You have to realise that the Shorters (And I agree / they absolutely do destruct and bring Companies down) attack certain types of Companies. They look at Companies with poor Balance Sheets and specifically low cash. Companies in industries where it’s no skin off anyone’s nose if their actions tip the balance sheet into the red by forcing higher Financing Costs ie : Low SP.

They make their cash margin and recycle that into basically the same business under a different name in the form of Financing (Now at more Beneficial Rates to support growth).

Art wants to stay in his lifestyle and so will do absolutely anything to keep funding himself at the expense of anything else. Not in strict adherence to his responsibility to SH I know / but there it is.

Art raises cash under whilst Balance Sheet under Stress further increasing Risk. Everything now has to go right.

The Shorters imo are scum and in Germany I believe the “Activity” is banned.

Art can win the battle against the Short by fixing his Balance Sheet over time.

Shorters Target weak Balance Sheets. Recycle their own gains in the same Asset once a New Company takes over.

All the while the Asset remains the same. It never changes. But the Shorters grow their influence over it. Ingenious really.

A Strong Balance Sheet stops this altogether. Enter the CFO.

At last. A good informative but more importantly honest Post from Dougb. Very welcome and thank you. There’s Risk here. The Risk is magnified by the fact that we have no more cash to be able to absorb any more errors.

Imo Art is under strict instruction from certain Bondholders that he must minimise Risk re any extraction plan and thus take baby steps re increasing production.

If I am right on this matter / then that alone could benefit the SP. ie Ultimately reduce Risk by delivering real cashflow.

Art to commit to a plan. Slow and steady growing Production by 1000bopd per Annum. No massive numbers. Kiss Goodbye to multi bags. How many would accept this ? I would. Remains to be seen if it can be done because Production has been on the Decline. So Art telling porkies or couldn’t get to grips with what the field needed. Hopefully it’s the latter / Hence the Bondholders stumped up the cash / at the Expense of PI who have been rinsed as part of the equation.

95% decrease in SP over 2 years tells all that Art is at end of the line and now must deliver growing numbers without more debt. His History is littered with debt and PI have paid for work rendered indirectly from being rinsed.

Can this get to 9p ?

Based on the Bonds full translation to Shares then I’d have to revise that down to 5/6p but in that there is recovery.

But again. This recent work is phase 1a. More dilution followed ultimately an£ immediately by consolidation.

So there’s Risk here at 3.25p. Hence I wait for the “New Copl”.

Everyday it’s a New Company. I judge it with new eyes everyday.

JV is not in my equation re SP prediction. I don’t see it happening any time next 12 month. What can we hope to retain with no cash ? JV probably offered less than 5% and Art wants 10%. Very speculative I know.

Fast Forward 2 years and Copl production growing and debt reducing and BH settled. Self sustaining. Oil somehow booms to $100 a barrel and JV Terms improve. Right conditions must occur.

A good day all.

6p was unacceptable. Peeps averaged down. Now Peeps are 50% down on 6p. 3p seen as the new floor. SP has to rise almost 100% just to get Peeps back to their 6p. Rinse after Rinse. Nobody knows what 1500/2000/2500bopd translates to Positive cashflow because Art and CFO won’t (so far) disclose to Market.

C’mon Chuggs. Let’s turbo boost a superior and accurate product to China / USA Market and then to the World. Diversify into multiple Cancers using similar methodology. Can we do this inside 2 years ?

You’re so evil Mal you don’t even attempt to hide it. Another Bully and Troll. Now they’re saying Suspend the Share thus locking people out as JV announced. This is their last throw.

Looks like Finwitt is no more Shouston.

Done a good job there tbf Spotify of character assassination. Not a great quality to posses but you definitely have the talent for it.

To learn from you Experts (Obvs).

Eazy Strong Buy recommendation 30 Dec 08:32 19.35p. Continued Strong Buy recommendation all the way down. Never a bad word said. I mean… Not one.

Can you read Alongfortheride ? Not buying much or anything now or below 3.25p Thanks. High chance of continued rinse imo. I’m waiting until next round of dilution and ultimately consolidation.

Eazy. You are a Troll. Why would I answer anything you asked of me ? You are not a kind person Your mind is very manipulative. You’re evil.

Panicking ?? Ohh arhhhh ok. I’m waiting until next round of dilution and consolidation. I ain’t buying much at 3.25p.

Just trying to make sense of what really is going off. Because you all say this is grossly undervalued. But then again you all said that at 16p and then 6p. I believed the same but no longer.

Your Posting History is for all to see. You recommend this as a Strong Buy at 19p. So I do hope that you listened to your own advice and bought at or near to that price. In fact I hope you bought in every time you got paid.

To be fair you have strong convictions over any Price this Company can be bought at and never fail or have any doubt right down to 3.25p.

No one knows how much you have in here or your buying history.

All you do is attack / mock anyone who offers objective criticism / seeks to remove doubt by asking Questions.

Indeed you are a Troll who watches this board like a hawk / forever reeling people in to part with their hard earned.

Eazy has Strong Buy reccomdation Jan 2023 19p all the way down to 3.25p. If you’d have followed him you’d be panicking now. Never a bad word from him. Not one.

Surfie. I predicted 9p by end of this year due to similarities re I3E which I was in / However I now have my doubts. I’ll look back into I3E but if memory serves me correctly they raised about £70/£80m for a purchase of a stable Canadian Oiler producing 10000bopd. MCap now £220m on 23.000bopd.

Copl are no where near that and we have the debt now so I fail to believe in anything over a 1 or 2 bag from here with all the Bondholders in play. And why are they (Probably 1 or 2) cashing in so low ?

All be it JV and NDA always in the background raising hope.