RE: Simon Potter & Eytan Uliel5 Mar 2021 16:29
GG Think your post's hit the nail on the head and for a holder you are quite right to question
how and why things didn't go well for shareholders and should the bod be held
accountable.
If other holders feel that the bod have done the best they could after all these years thats up
to them but as there are no fund/institutions on the major shareholder list, (might be wrong
about that and if I am I'm sure I'll find out soon), who's going to change things. So looks like
Potter will stay on.
About the finance, it wasn't a great way to get it and maybe it was all that was on the table
but who knows.
deltalo I know everyone expects cerp to be producing 2500 by year end but just now it 400/500
and its niggling me as to why Koots let cerp go, but maybe he had his reasons, just don't
know. But no guarantee of revenue of £60m, so won't base my investment on
maybes,remember what p#1 was going to do.
NellyB only off top of my head but thought cerp, just before takeover, was valued about £16/17m
Happy if you can prove that wrong.
Drilling of the Saffron #2 appraisal well and the data results are some of the main bits of
news that I'm waiting on.
Good luck all have a good weekend.