RE: Investor Meets9 Nov 2023 15:27
Wressle , I remember the hope was for 500bopd a day all in and everyone was happy, now near double that and price stagnant on our 30% near 300bopd to EOG.
Basically stood still with estimated c6m profits from wressle etc per year and 2m payback from escrow acct, so £8m, and a pathetic mcap of c10m, how much do we have left in the kitty with basically nothing to show for it.
What exactly has this board achieved that couldn’t have been completed without their so called expertise and the massive emoluments they extracted from the company this year.
Where is the long term planning, whats the expected timeline, , what’s next for wressle etc, when will the board actually deliver the goods on the share price, when will they buy into EOG and what their presumably trying to sell to get new share holders.