RE: What’s going on?5 Sep 2024 08:13
Iwonttell, I understand the frustration, I too am invested and would like to some info on a regular basis but I think it was all said in the RNS announcement on the 27th August. They need to get the Rod Pump re-installed, get some sort of steady flow rate; Get the agreements with the creditors and then once a clear plan and actions to sort the issues around debt and production they will be able to complete the accounts going concern statements and publish.
The oil is there, it just needs to be extracted using sensible basic extraction techniques.
Not a lot we shareholders can do at this time, just hope the current management team plays fair with us.