Member Info for glenmorangie

and please don't say ' We will just have to trust that Cochran had this planned for the PIs all along'

Not funny if that's what your hanging on to.

Easy, Well

Absolutely agree with you guys, I believe this has all been orchestrated by Cochran and not for the good of the PI's

Not once did he come to us or the market to try and raise money to stave off liquidation and keep our producing assets. he didn't even have the decency to inform us of the pending Administration.
He did deals behind closed doors and when he got what he wanted (we will probably never know what that was on a personal front) he abandoned ship.

What makes anyone think that we (PIs) have any sort of ownership or control over what happens to Schooner or any potential CCS licence award ??

Please enlighten me.

Pretty obvious MM price manipulation taking place over last few few days

PROPOSAL
We believe & propose that all PIs should get absolutely nothing and the individual(s) involved in destroying the Company and cheating the PIs out of their investment get all existing assets left in the Company to start again or sell to the highest
bidder.
This should not hinder the Company directors from being able to operate in the UK markets in the future and
pull off the same scam again with unsuspecting PIs.

There concludes the rip-off

Thank you

Yip that's the response I got.

The bit I don't like is 'A confidential report is submitted to the Department of Business, Energy and Industrial Strategy in this regard'.
Does this mean that we do not get the chance to examine their findings ?

Stan, I totally agree with that sentiment.

Good to see our resident basher on the message aboard again - he certainly is a man with a mission.
Never quite understood individuals that harass message boards where they obviously don't own shares in the associated Company, announcing the same doom & gloom over and over again and warning people not to buy shares.
It's quite interesting monitoring their activity, they especially don't like it when the price goes up - I suppose in their eyes they have failed in their Job.

Well Stan - from the real shareholders, we hope you fail miserably in your efforts to subdue the share price this year. Your failure is our gain.

Happy New Year Stan

So Stan, you noticed the share price had risen and you thought you better rush over hear to this board and let us know what you think was causing it and have a message header 'It's over'
How deceitful is that ???
It's over - how do you know it is over Stan ?
Has the Company announced that the project has been pulled in a PR ? No
Or
Do you have insider information ?
Everyone on this board knows this is a binary play now, bloody hell even Hanno made that statement on the question & answer session after AGM.
We are all adults here Stan and know the risks involved in this investment, so for whatever reason you believe you have to come onto this board and make repetitive negative statements about Hanno and the Company, you don't.
We get it and unless you have an alternative agenda, then you have made your point.

Have a good New year Stan.

Sheer at utter market maker manipulation - they bring a stock down 20 + % on approx 0.25% trading volume against the O/S and some of them were buys.

Antofelli ,we had money in the bank but he didn't bring us back when he should.

We could have all made our money back and more if he brought us back after 12/18 months

Antofelli - the only difference is with other bankruptcy aims cases the shareholders had the chance to sell their shares before it got to that stage. We have not had that chance - I feel like someone has broken into my house or bank account, stolen significant value from me and there is nothing I can do about it.

We all know the risks of AIM companies and when you smell a rat you get out, what he has done to us for the last 4 1/2 years takes it to another level.

Hi Wellsite
So you are saying, that any unscrupulous CEO can remove a Public Company from whatever trading platform, steal the Companies wealth then declare bankruptcy and not bring it back to trading and they are not breaking any market regulations with severe consequences ?

Is that what you are saying ???

What a crock - he is planning his escape and playing for time. We have went from owning significant assets to now considering if we can remain a going concern.

Disgusted

I meant message not e-mail

Hi Stan,

I think it is totally out of his control at what pace this project moves and wither or not it eventually gets signed off.

Did you read my previous e-mail ? All those contractors that I had nearly completed T&Cs and negotiations with, were told ihe project had been cancelled and there was absolutely nothing they could do about it.

By the way some of those contractors were multi-nationals but were powerless to influence our decision.

So how much influence and power do you think a Company our size and Hanno has over CMEC and EDM ???

We have to hope that the campaign by most of the world against carbon generated power is put aside regards this project or do you think Hanno should have been able to influence that as well.??

Hi Pirate - we are now at a stage in the project where any updates are going to be dictated by the actions/decisions of CMEC or EDM . Do you not think that Hanno would communicate any material changes to the current status, if there had been progress and he was allowed to do so. Of course he would , for a start if it was positive news, then it should have an impact on the current share price, which everyone wants to see.
This is out of our Company's hands and to to certain extent always has been.

I work for large multi-national in the commercial dept, responsible for contract formation, negotiating contract T&Cs and pricing.
I am currently working on contract completion on a project that was pulled in 2018 at the 11th hour, after we had nearly completed all the commercials with all the main contractors. I had absolutely no idea this was going to happen until it did.
The reason it was pulled was based on a decision from the top to build a $billion plant in South America. Mostly all available funding went to that project and many projects in Europe were pulled until now.
If I didn't know that decision was going to be made back in 2018 and I work for the bloody Company, what chance has Hanno got of giving updates on a project that is being governed by the major players
Something else, I don't know of any small companies like ourselves that are involved in a $Billion project, that is at this stage of potential sign-off . Highly unusual.

It's time for people to either place their bet and hold to see what happens or move on. I am down significantly on this stock, as probably many are that still hold but what I am not going to do is ***** and moan about the current situation. I am responsible for my investment decisions and could have got out of this stock with a profit years ago but didn't, my choice.

.

Can't believe people in this board are blaming Hanno for not being able to control or dictate to large multi-nationals or an African state department. They will determine what rate the project moves at and if it will eventually get over the line. His job is to try and accommodate and support project objectives and hopefully at the end of all this we will have value and a decent share price to reflect.

We shall see !!

We should be getting a PR before next Tuesday, regards the Bridige Loan to Ncondezi Green Power.

in order to ensure the Company has sufficient time to refinance the Bridge Loan, a Bridge Loan Extension has
been entered into by Scott Fletcher, Hanno Pengilly and Michael Haworth as Lenders and Ncondezi Green
Power as borrower. The Bridge Loan Extension provides for the Bridge Loan to be repaid 20 business days
after the existing Repayment date taking the Repayment Date to 7 December 2021.

CF - Agree with you assessment. I was on the Q&A yesterday and that's exactly what came across. All companies/countries involved in carbon projects just now are keeping a low key. COP obviously fresh on everyone's mind.