Member Info for Heid

Sorry, an one last thing. If they manage to do an 'unleaked' placing this time, where does it put the share price here ?!

I thought the salaries to shareholder value were an absolute joke yesterday.

Zac Phillips an his 'shareholder value' ? ! David an his confidence in the share price rising when it was 17p ?!

I would love to know more detail on those accounts where expenses are concerned etc...

What does that Joe do to warrant his salary ?!

I see Malcy an Alex from ShareTalk giving it large on X.

9p is the share price. A huge drop. But the future is always bright. Yes, for all those paid by the company.

More to the point Andrews wells dropped off fast within a year

What will Mocassin numbers be by Christmas ?! Much lower ?!

I guess thats where a placing comes in to super excel the USA drills.

"Our appetite for additional growth opportunities has been whetted by our recent positive experiences in the USA and discussions are at an advanced stage with Reach in respect of expanding our activities over the coming months and beyond.'

Placing incoming ? Flow rates not making sense still even after annual report going by shareholders research ?

I would like to think Kim made a mistake on her numbers as once again that does not add up to me ?!

So that's 2520 for March April and part of May.

We now know March 1625

Leaves 'just' 895 for April an part of May going by Kim an itsawrap's information ???

So dropped off already ?? Unless I am reading that wrong. Please correct me.

Kim Clay on ADVFN :

Moccasin: again more info. 3000 bbls produced to date, of which 480 was in Feb. So that's 2520 for March April and part of May.

What a way to have to trust a company an your hard earnt money !

The problem is trusting anything David says anymore.

He has created this problem with no end of ramping his company.

Confidence is lost.

9p share price...an if they place ?!

Yes, an look how Andrews' wells dropped off over a few months.

'The Company retains a strong Balance Sheet'

Does it really though if you are looking at raising like I suspect.

I mean, you could not afford to develop the Wressle field without raising.

I agree that the balance sheet supports salaries an keeping everyone employed.

' has been whetted by our recent positive experiences '

Any high can be addictive.

David likes to gamble, hence Beacon, that failed.

BEWARE !

Hence 'Appointment of Joint Broker' 23rd April

Notably oil price is down an continues dropping so 2025 annual accounts would not be so profitable.

We know how David likes to place multiple times for the same assets.

"Our appetite for additional growth opportunities has been whetted by our recent positive experiences in the USA and discussions are at an advanced stage with Reach in respect of expanding our activities over the coming months and beyond.'

What the West Newton RNSd by David to be drilled in 2024 😂😂 ?

West Newton, you make me laugh. Just read the Reabold board about the mystery loan notes converted that suddenly appeared ?!

Con artists the lot of them if you ask me.

I bet there is no interview today David ?! How are your phone calls to share holders these days ?! No wonder you are quiet.

'I'm also pleased to see no dividend or bonuses - that would be a mistake'

Oh yes... a big mistake to award shareholders anything. The paid brigade are taking enough from the milk train.

It is one big lifestyle company an will continue to be with an aging board an until they all retire.

G Bull got £50,000

Charnia Resources (UK), an entity owned by Graham Bull, non-executive director, was also paid £120,360

C Howie £37,500 ( watch that rise !)

Jayne Bramhill, spouse of David Bramhill, received the sum of £12,000

1347 on ADVFN:

As I expected, poor results, every key metric is down. Revenue, Gross Profit, Net Profit, EPS, Cash. Critically insufficient cash to drill Wressle, West Newton or Keddington, so yes, all that placing money raised several years ago to drill those has been spaffed away on funding lifestyle directors. I don't see 2025 being any better with the oil price being where it is.