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I am a long term holder of Wishbone and have not been paying too much attention to it’s current affairs other than the terrible share price performance the past couple of years.
After spending 5 mins reading back through this thread I have certainly not missed much judging by the complete ramping nonsense that certain posters persist on churning out a regular basis, one can only pity these people….
News is key here we need evidence of an extractable product. Management have been slow over the years identifying and drilling target zones. Hopefully ones patience shall be rewarded…. However judging by where most exploration stocks on AIM end up one struggles to be the smiling optimist. Hopefully I can be proved right.
Hello All,
I have not been keeping up with the RP current affairs however I have noticed there has been a share consolidation.
Does anyone on here know what the current standing of ones holding should be in RP from the initial take over of Plethora?
Thanks.
What is the USA approval situation in terms of timescales. Are they still going ahead with it?
I am disappointed by the lack of clarity from management to shareholders on updates of the drilling project, updating social media with positive imagery then suddenly saying the results we are holding out for are not being released.
After scanning through this thread for the first time in a long time quite frankly how people can bring themselves to publish some of the absolute dross I have read is simply shameful to society.
That even if the product went to market in all proposed regions the share price would be anywhere near the initial takeover price.
Who would take up shares on the rights issue. Surely the qn now is how long can this company survive if we see anything more of comparable management over the last decade.
V frustrating that drilling has not been underway since last RNS.
Not the worst case scenario of an RNS with poor drilling results but annoying none the less. Covid restrictions and Christmas must have slowed things down and created a backlog.
I am still long and hopeful that we will get some good drilling results in in 2022. This is the main thing.
More regular updates from management would be appreciated for shareholder confidence.
Lots of monotonous posts on this thread atm.
Although I am hoping for the double whammy of good deep drilling results In Saudi and obviously the financials transferred in October from Ethiopian govt there is still a long way to go.
Lots of monotonous posts on this thread atm.
Although I am hoping for the double whammy of good deep drilling results In Saudi and obviously the financials transferred in October from Ethiopian govt there is still a long way to go.
Continues to go down.... From around 12p when I started following to 6.5p now. Sales are needed, otherwise another round of funding will be inevitable which, despite what everyone is saying, is the only thing that seems to fit any sort of a pattern with the financials of this share. If they have such a good product they need to start selling it otherwise qns will be raised over the product itself by shareholders.
Very positive financials. Lets hope the loan repayment makes a difference on Friday.