Come on chaps, nearly 3 years since a director purchased shares in EOG.
About time a member of the current BOD injected some confidence into the company from a personal point of view.
Currently showing little belief in the companies future, time to make a statement by buying in IMO……
I could have said this many times over the years I’ve been trapped in this investment however I find it unbelievable that the company hasn’t been placed in special measures, the BOD needs stripping, qn action plan put in place for survival and resurrection of the company.
We won’t get that though, the current BOD are happy to sit back and watch this spiral into what will inevitably be the death of RKH, anyone with a remote interest in the Falkland basin can see this and know the writing is on the wall. Wait for RKH to die its death or jump in now and bare the burden of carrying them to production, if I had the cash as a business to do one or the other I know which one I would choose……
If they act ethically they’ll give RKH a clean break and not tow the line any longer.
Moody will have to be dragged from his seat in order to remove him as IMO he is finished after his performance with RKH.
The man needs to go, nobody of credible worth will ever want to work beneath his incompetence. The mans obviously a rat as anyone of integrity and common decency would have walked years ago given his shambolic performance.
The man knocks me sick to the stomach.
Is anyone familiar with claiming back investment losses through an annual tax return?
I’m at the end of the road with waiting for the incompetent muppets at the helm of this company to turn this around, they’re clearly in freewheel and sitting back watching this go to rack and ruin.
I claimed taxable losses on an investment many years ago as the company i was invested in rapidly folded and ceased trading due to immediate withdrawal of funding.
Is it possible to sell my shares and claim back a percentage of my losses via tax on RKH who are currently ’active’ as a company?
I’ll be at a loss doing this but the only way I can see of having some return at all currently (avg 59p).
I’m here long term too Tovoc, I’ve near halved my average from a peak of 8.9p and tempted to average down further if it doesn’t cause too much pain, I think 3p may be achievable.
Surely 3p is a dead cert once peak flow from Wressle hits the balance sheets to n the annual report, or am I dreaming?
I can’t believe the initial farm out deal didn’t have a clause written into it whereby once a certain timeframe had lapsed without meaningful progress then the licence would revert back to RKH allowing them to find a farminee that actually had true intentions and ability to take the project to completion.
Absolute suicide to not have that when you’re one your way to being a one trick pony.
9 more trading days until the month end, wonder if the OM decision will over run.
If so it absolutely has to be a win for RKH, I think it may already be in the bag and the long wait for the result is purely down to the complexity of calculating the award sum.
Take that with a pinch of salt mind, just a gut feeling……
For Mr O’Cathains personal gain of course:
https://causewaygt.com/#team
I don’t want either back, bring in someone with drive and entrepreneurial flair that has an incentive over these old goats we keep ending up with, at least our gamble as shareholders may be an interesting one!
Some lovely pics posted on an activist page on FB of a tanker leaving Wressle with hazmat signage 3WE 1267, UN number for Petroleum Crude Oil.
Not contaminated water like some have been suggesting.
Nice to see, just need the numbers now
Tacuma, you could write the whole BOD's achievements in their term with EOG on a single post it note and still have space for the Fish & Chip shop order at lunch time.
I'd like to see them earn their share of what they draw out of the company on a monthly basis, as at the moment it isn't justified one bit. Hence the requirement for constant fundraising and pie in the sky ideas to justify them.
Hopefully the current energy prices and Irelands share of the COVID deficit wets the appetite for enhanced revenue created by new fields coming on stream, if only........
https://drillordrop.com/2021/02/18/fracking-moratorium-doesnt-cover-proppant-squeeze-minister/
No permission required, just a hydraulic fracturing plan to submit and receive approval.
The camp is starting to be built already, hopefully the authorities will be able to move the time wasters on sharpish....
https://www.gofundme.com/f/wressle-awareness-camp?utm_medium=copy_link&utm_source=customer&utm_campaign=p_lico+share-sheet
At least we might get some form of update from them as they count the tankers :)
Just unbelievable.
A placing on the cusp of potentially transformational news for the company.
Why not wait for a full evaluation report of wressle production, get some cash on the books from production which should prompt a rise in SP and pitch a placing then.
BOD are totally inept.
https://www.********************3295490383848359/permalink/3981394535257937/
Zoom in and date is to the right of the concrete pad on the photo spanning most of the site, then a zoomed photo showing the date.
Not my material might I add.......