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I will put another spanner in the works.
If we have murky Russian money floating around cash should be no problem. Then employ a team who know what they are doing and Bobs your uncle…. Problem solved.
OofyProfrosser.
I am so baffled now that I shall stay on the sidelines and leave it to you and Skittish, please keep up the good work.
Skittish, the EB version could read “we are running a laureate in Mosco “
petroleum 1.
I personally would not use the Angus board for any kind of research as the posters there seem to spend all day every day and often at night arguing with each other. According to them everyone on there has multiple ID’s, are shorting the stock or are disgruntled shareholders. However there are a couple of posters on here that should be able to answer questions you may have. The Angus twitter account is useful as it often posts photos of progress on the site.
I trust we will soon get news of a RTO and I hope and pray that our board remembers ,that it is us shareholders who put money in here and given the company massive tax relief (our only asset) and will look after us accordingly.
Morning skittish.
Hope you have made a full recovery and did not get too bad a dose of Covid. If you sent a new satellite up last week I trust you sterilised it before launch.
A confirmation statement should contain the following.
For companies, the confirmation statement contains details of its directors and shareholders, while the confirmation statement of an LLP lists its members. For both limited companies and LLPs, the confirmation statement also shows the business's registered office address.
Skittish if only we had one of these we could have all the answers.
https://www.bookdepository.com/The-Adventures-of-the-Wishing-Chair-gift-edition-Enid-Blyton/9781405286763?redirected=true&utm_medium=Google&utm_campaign=Base1&utm_source=IE&utm_content=The-Adventures-of-the-Wishing-Chair-gift-edition&selectCurrency=EUR&w=AFFPAU96D2FCHZA8V38J&gclid=EAIaIQobChMIhPG6rIWq9QIVE5ftCh2CZA_xEAQYAiABEgIwZ_D_BwE
Yes you are correct, I am just so baffled by the whole thing now, we have so little information and such wild imagination .
OofyProfessor.
When the option agreement was announced this was published.
SEL having been granted consent to enter into the transaction documents by the project finance lenders (if required);
· All applicable and necessary consents, authorities or approvals required from the Oil & Gas Authority, the Secretary of State for the United Kingdom and/or any other applicable statutory or quasi-statutory body regulating the oil and gas industry in the United Kingdom consenting to the transfer of the interest in the Licence to be assigned to AAOG
That would cover most of the obstacles, but no doubt I have missed something out.
I suppose the only question we need an answer to is .
Is Paul Forrest just an ex double glazing salesmen or a very patient, shred business man.
Good morning all.
Skittish you make this sound like a John le Carre novel, so I shall offer up my Enid Blyton version.
AAOG was set up by people who didn’t have a clue, they worked on the “fake it until you make it “ principal and went to the DRC with the attitude of we will show the locals how to do it.
We never got a CPR on C103 instead Sexton got a few of his mates to write unqualified statements. They shopped around for the cheapest drilling rig which they got but it nearly fell over. Then the warning bells started ringing because the cash hade been spent. Riverfort were brought in with a loan (a bit like inviting Albert Pierrepoint to dinner ) who then started shorting their shares.
The gruesome twosome then used what little cash we had to find some Mickey Mouse asset in Egypt, off they went leaving Sarah Cope in a dreadful mess. In Egypt they fell out and are now again in terrible trouble.
At this stage Sarah had to dump the Congo, it was riddled in debt ,law suits and a government who were no longer interested. Zen then came on the scene looking for a cheap asset to pacify shareholders. AC doese seem to by any old crap as long as it’s cheap. Sarah had to at this stage delist the company and slash costs and put us into a shell.
Paul Forrest,Forum and other large shareholders let her do this WHY ??????? Were they totally disspondant with the whole thing or is it cloak and daggers?
It looks like 13 weeks until planning permission is finally decided on at saltfleeby, so it’s back to bed for me .
In your opinion was the whole Congo episode a scam or just a disaster?
Skittish, if I’m your detailed research you come across Lord Lucan I believe there is still a reward out on him then you could buy Angus out yourself.
Paul Forrest knows more than we think as he as a stakeholder in saltfleeby would have to be informed of any buy out or offer made.
Thanks Skittish for you time you have put in and you better launch a new satellite and get it ready incase we need it.
Off for the weekend, let’s hope for an interesting few weeks ahead.
Stay safe everyone.
PS. And get out of the hedge and triple the price he is paid for the gas.
Will we see the “sold subject to planning “ sign soon ?
Skittish .
How’s this for a conspiracy theory.
SEL sell AAOG half their holding in saltfleeby for cash we have to raise. SEL use that cash and any they are sitting on to buy out Angus. Paul Forest would then own 75% of the asset with very little borrowings and able to use our tax relief.
Nice work if you can get it.
Thanks, will read again and do some digging myself later as on the road to day with only phone.
Confirmation statement
Next statement date 12 January 2022
due by 26 January 2022
Last statement dated 12 January 2021