Member Info for LaticsRule

Fear and surprise … ahh the Spanish Inquisition.

Are we not even allowed to wonder ?

Ahh maybe it’s the subject that irritates Garbled.

Ok if I wonder about a £300k award ?

Yes ? Thought so .

If no RNS tomorrow … wonder if the SP we I’ll nosedive ?

My ISA warrants were transferred to my Trading account.

DEM as one of those who were added on that ‘suspicious’ day, Totally agree with your sentiments.

Don’t disagree with you analysis that a number of posters wish to see Sam replaced but the debate should all be open and above board.

May I complement you on your valued input to this Forum.

nm

Garbled knows nothing ??

I rest my case m’lud

Thanks for that pauldrayton but with respect whilst I am aware that Mr Market has ZERO ( or rather only 9p) confidence in Sam’s ability IF we are all correct in our belief that OM is nailed on then would it not be reasonable to assume that the SP should be higher ?

It isn’t and therefore I am of the opinion that ‘something’ else is holding the price down and I think BoD know what that is …

I still remain convinced that RKH and the BoD are up to something and know more than they are saying.

My feeling is that the price is under 9p not JUST because there is no Market interest but some form of AIM type agreement that PIs are not part to.

Any thoughts apart from: How corrupt The AIM market is ?

Nobody expects the Spanish Inquisition !!

Of course . Thanks buddy

Do we know how many 9p warrants are in the system ?

However as Reuters report:
“ MELBOURNE, Aug 17 (Reuters) - Australia's Santos Ltd (STO.AX) said on Wednesday it will move ahead with developing a $2.6 billion Alaskan oil project in a surprise decision that sent the energy producer's shares lower despite it posting a record first-half profit.”

We are in a different world now from when Sealion was first discovered.

And still struggling to get over 9p

I’ll check but thought I remember the mention of a Share Option being part of getting him onboard ?

Agreed that’s all we can do.

A highly suspicious rule change but it was sanctioned by AGM so we can only blame ourselves. Some tried to warn the masses but we’re shouted down by the day traders and the BoD knew their salary was safe …. So here we are … waiting on the toss of the OM coin ?

SpaceHoppa …. Many didn’t agree with the BoD raising funds to cover the Company until FID granted.

Even Navitas have said they are looking to split the FarmIn deal of 65%. All I’m suggesting is than since Sealion is so BIG and therefore proved difficult to finance, ANY options are on the table. The way in which Sam has given himself sooooo many share options and raised funds to fund his exhorbitant salary leaves me aghast. However, we are closer than we’ve ever been and all I’m saying is I wouldn’t put it past Sam to put his own interests before that of lobg standing PIs.

Having said that … I simply ask all holders to examine Sam’s stewardship and performance.

Frustrating… couldn’t agree more.

Fully understand how some get tired of criticism of the BoD but my money is on some form of new share issue as a result of behind the doors negotiation to bring another Farm-in partner to Navitas. Part of the deal will be to hold the price down whilst deal us done. I don’t think OM wil make any difference and the price will stubbornly stay the same until deal concluded. FID is the real key …

Thinking about it … we all remember the price drop to under 7p and didn’t understand it .

In the light of the the current it may be explained by people just getting excited by prospective announcement of OM and the thought of N as vita’s involvement but I’m beginning to suspect that things are NOT what they seem. We’ve always known Mr Market was not convinced but one would have thought with Navitas involvement and OM closing fast … a more sustained rise ?

Seems even the faithful are now suspicious of the BOD ability to move it forward ?

Maybe another deal to bring in another Partner to Navitas. Wouldn’t surprise me if the price was held down to facilitate that.

Sam wouldn’t tell us anyway…