Some good news at last which I am now free to announce.
The Mouse corporation is pleased to announce that a rocket has been purchased from a Russian supplier and has been modified to helium/ electric power sources. Helium balloons will be used to take the said rocket “Troll 1 “ up to the stratosphere and after that point electric will take over. A slight problem has occurred in obtaining enough helium even though TipTop donated his balloons from his recent birthday party more is required. On the electric front.....the rocker is now situated in the car park in Dingle Co.Kerry disguised as a Nissan Leaf and is plugged in to a car charger. The car/ rocket will remain there until full charged approximately 6 weeks should suffice.. The rocket will have a crew of 5 maximum so perhaps a selection process could be held on here over the weekend,places should be allocated on merit and a final destination must be decided on. The international space station has put an injunction on as and we are not allowed within 10,000 miles of it as they don’t want them.
The patio is now a fish farm as the water is plentiful, a new idea to the problem is being worked on, as it is still in the planning stage I can't go into too much detail but it does involve space rockets.
Barking of course it’s pie in the sky as the company and the industry we are in is. To be blunt this is very high risk but as we progress the risk lowers. Most of us on here are out of pocket, some never stop reminding us of the fact, some are prepared to take the hit and wait. On drill contract,spud and results the share price could be many,many multiples of today’s price and dividends could be the norm.
My view for what it’s worth. When we start selling oil half the profits should be paid in dividends as us shareholders well deserve some reward. The balance should be used for further drilling and any shortfall should be raised via a RBL which can be paid back over time.