Member Info for Footandmouth

Most businesses are addition. Build over a period of time and create wealth. Some are subtraction where through bad luck / poor management they destroy wealth. I can think of one in particular often associated with PRED on this BB. A smaller number are multipliers. Often through necessity with limited starting capital, they look for undervalued assets sometimes considered liabilities. Through skill , technical nous and strict financial discipline they build a novel business and model from very little. Neglected oil fields and entire basins previously unfashionable become highly profitable and more importantly tempt those with the scale and money to develop the whole thing. The sale value is far higher than any current profits. It’s a form of intellectual capital in a sense and if you don’t have it you buy it 😀

GRH. .. .. . Few ...

Have instigated & closed on a $5BN global deal

Fewer ...

Have instigated & closed on two $5BN global deals

Funny old World 🎯

Nevermined - The inflation adjusted value would be approximately $12 billion. No stranger to big deals. He’s certainly not after £100 m 😀

They’re only paying 16% on their debt and Russia is convenient for a holiday 😀

If you can’t ISA them using your own or partners allowance then put in a pension fund prior to increase ? If you land a large dividend prior to avoidance then if you pay it into a pension you could claim tax relief perhaps ? . Basically you need a Keith Oz of financial fandango 😀

Excellent post 👍

GRH. .. .. .. I just read 'GRH is a smarter man'

Thank you...

BUT...

NOT according to Lady H🤣‼️

Thank you Rambo. Good of you to have a bash. I think we are all gaming this out. I’d assumed a CNG rapid roll out pitched for local guys at the low hundred millions level. Good politically. Perhaps 20p divi or a walk away if preferred with share price 30- 50p before dividend payed. Things have obviously moved on. If he’s thinking of completely leaving Morocco then he’s been approached I should imagine 👍

And the walk away figure is ????. Need to be very generous to convince.

I think shareholders understand fluidity of events and trust the man. Asinine to invest if you don’t.

In fairness to TW it seems that he has been relentlessly trolled online and been subject to death threats. What sort of people would do such a thing .

GRH. .. .. .. I am told that some chap

With many decades City experience

Remains unfamiliar with

Deferred contingent fee arrangements

May I just say..

To have survived and prospered for 40 years

Is noteworthy

The more so when deploying

SUCH extreme IQ

Bell Curves R US‼️

Don’t forget Ireland. Irish army being used to break up the blockade of Whitegate the republic’s only oil refinery.( Scotland has zero !.). Whether it’s fuel price protestors or climate activists it all points to secure , remote , offshore gas importation facility .

Champerty should apply to Bulletin Boards and non shareholders in a sane and decent world 😀

Ill 😀. Prd txt !!

I’ll mannered

I suspect you’re used to waiting.

Leave my shadow out of this Porky. That fellow had it coming. Following me about constantly !

40 years in the Scrubs is a long stretch. Did you pinch porkers Unicorn ?

GRH. .. .. .. 'Very very pleased'

👓

#PRD