RE: Folks have every right to be concerned25 Oct 2024 10:38
"As previously announced, both parties are working well together to complete all of the documentation required to close this important transaction for Pennpetro by month's end and I'm very pleased to inform shareholders that Globalvision have informed me that that they have now booked their drilling contractor for the Texas oil production operations. J&J Drilling International are scheduled to mobilise to site in the early part of August. I look forward to providing numerous updates to shareholders as we move to close this important transaction for the Company and from the operations as they progress."
The above is on the RNS
Take note, it states they are trying to finalise by months end.
That would have been end of August .
Should we have had an RNS to state everything has been completed ?
If not why ?
And this is my point, even though we are suspended, sensitive news should still be RNS
So for the negative or realist thinkers, you have to give them credit for thinking this way ?
As shareholders we need to know where we are.
Has the drilling company started work yet ?
Has any wells been drilled yet ?
If so how many ?
Has any revenue started coming into the companies bank ?
How much money is in the account ?
Why hasn’t the accounts been signed off yet ?
All these questions are legit questions . By not keeping the markets up to date, you have to side with people that are increasingly getting frustrated in what is amature running of a PLC.
No doubt there will be a few on here that will say sharedesling is not for me, and I shouldn’t be here.
That is an easy question for them to state.!!