consolidation coming?20 Oct 2022 09:22
With 21,096,376,104 (21 Billion Shares) and in about 3-4 months or so when the last funding monies run dry as they certainly will, they will have to issue at least 9 Billion more shares. With 30 Billion shares in issue it has no choice to surely consolidate. Then change the name and its rinse and repeat. And we were all led to believe they had billions of barrels from the Gatwick Gusher. Seems it can only make shares by issuing shares than producing oil. Could be many more dilutions to come after the next one. One day shareholders must say no more shares. Obviously the company will not be called UK oil and Gas.