Member Info for Jabez135

"the board have implemented a succesful strategy"

Honestly - this quote from todays RNS is utterly staggering.

Success is defined, in this game, by shareholder returns. Shareholders have had nothing! There is no success for shareholders.

The RNS today is a lengthy explanation of why craig isnt suitable. The reality is, you wouldnt have to go to such lengths if your performance was so good that shareholders would be fools to vote you out.

So to claims that, Craig doesnt hold the right experience, and is unprofessional or whatever - frankly, all of it is irrelevant to me as a shareholder, whether you lot are in charge, or Craig is in charge - i am going to get nothing. So, in that sense....make a change, eff it, see what happens.

I am now more minded to be - i dont care what my return is - what i really want to stop is you benefitting. £325k salary from a company losing money and now without the reserves or cash to do any meaningful development. Success??? Hhaha staggering.

So it almost boast of £600k Gross Profit - but has £575k in HO Salaries, before any other overheads!

A company with 2.5m income, is giving 575k in salaries!

Not a single note about shareholder returns.

People need to remember, the millions written off - thats shareholder money, thrown away. Whilst they take extraordinary salaries to the tune of £575k!

There is no doubt in anybodies mind, that this company only exists for the benefit of David. and Eff! Anyone else.

Itsawrap - yes I suspect the losses to be quite heavy due to write-offs. Cash should be healthy though. Room for bigger salaries!

Still baffles me how any shareholder is still here.

Other than traders - There is not return here for shareholders.

In simple terms, to unlock the value at WN, Wressle etc, we need a massive change in governemnet and governemnet direction. That isnt going to happen.

So the reality is. The Board, will, invest in small ways to make it look like something big could happen, oversell it, whilst wressle funds it and funds their exorbitant salaries.

You - shareholder. You are going to get nothing. I am afraid that is just the most likely outcome here.

Its sometimes whats not said, is whats valuable!

You can hear in the tone of the councillors, they arent just making an infomred refusal, they are offended at the very thought of economic development

We would literally get nothing done if everything was left to these planning committees. We would all be poor and eating grass

Sorry Itsawrap - I sound like a right negative nancy haah!

I dont mean to be - its just in the face of overwhelming evidence - evidence suggests, any profits generated from activity, will either be paid to directors through huge salaries, or invested into prospective future assets.

solid distribution to shareholders, or repayment of placings just isnt going ot happen. If anything, more placings will happen so they can "invest" and keep paying themselves.

Sorry Lesh8 - ship has sailed. The government have trounced any idea of a return, the eco-mentalists are making us all poorer, and i dont blame them, the directors have rinsed this tiny company to ensure they get a sizable return.

Rest of us - as is the case on AIM - have effectively been told to swivel.

Lesh8 - If you are only just in - what you are, is an investor, who is benefitting from the investment other people have put in.

Many here average an SP price above 20p and have seen a BoD's take huge huge salaries whilst there has been practically nil return to long term shareholders, who in fact have cashflowed the lot of it.

Happy for you pal, if you are in now - well done, and hope it owrks out for you - but...many here.....are deep underwater, with zero hope of a return for the reasons you righltly point out:

a useless, ineffectual, virtue signalling, school common room marxist set of politicians.

What you suggesting itsawrap hahah!

Longest on here without a comment!

😂😂😂 Brilliant - new low in life

Being bantered by a bloke who names himself after a putrid water source.

Bon Weekend!

How much did I lose?

You're commenting on a board of a company you are not invested in - Whats happened for you to lose so much dignity?

History provides the evidence: if you are shattering rock under communities to extract fossil fuels, it’s fracking, no matter how much fluid you pump into the ground.”

This comment tells you everything you need to know about these moronic zealots. Its like nothing can be on a scale of risk and consequences. Its all black and white to them if it achieves their sanctimonious egos being tickled.

Every part of me wants to believe that the new directors are here to bring forward positive growth and shareholder return.

Every part of also knows really - --- there wont be anything for shareholders. Simple as that

Correct decision in my view - What is the point in the UK - get money out of the UK its a sinking ship

David - What now pal - How are you going to justify your huge salaries, and zero investor return now. Youve no money, and no real material prospects that you can deliver?

Heid - no disrespect intended, what is the yardstick for success for you?

For a director, mine is, how have they maximised shareholder return. On that basis, this performance has been terrible. We have had nothing of any note.

I mean - BoD have done personally well - so yes, "they" have done well.

But shareholders? Sorry, its utter delusion