progress8 Jan 2019 14:43
Logic should prevail here, whilst there was considerable dilly dallying and delays surrounding the drill I am sure there was a concern and maybe a need for a raise, with the option available. Then developments are as good as if not better than expected, is there an immediate necessity to raise before the potential of Djeno? With oil being sold and no drill costs at the moment, what is the benefit? If you are the CEO of the business would you do a placing before Djeno now, most likely not. What should be of more concern to holders and the BOD is some muppet that does not know his backside from his elbow has gone public with information that is not in the public domain. Now it will cost us. Without the garbage yesterday, could the BOD have got a placement of £4mil away at 20p after Djeno yes they could. Now this is out will it be nearer 10p, most likely. This is why the market is regulated and TW's attitude today is absolutely disgusting, he needs to be held accountable, it has cost many a lot of money- it could even be twice as many shares for the £4mil if the BOD could handle it correctly- now that has been taken out of their hands.