Member Info for LonSE1960

They'll likely need to raise soon as must be running out of cash, hopefully at current share price 🤞.

What a waste of an RNS, they've told the market this before, talk about kicking the can down the road, unimpressed!

Couldn't get a better sign!

Don't understand why this share going up. No Alaska agreement yet, it's being going on for years and PANR has no oil! After multiple attempts they just can't get flow.

Kicking the can down the road re: their current financial situation.

My fear is that, in reality, they will have to come back to the market for some cash despite what's been said. How can they possibly manage on what they have, it doesn't add up. Mind you, they did say they would be more cautious in future but no idea how that's going to pan out?

Employees still getting share incentives (albeit 2024) from a debt ridden company that has produced nothing. Need to get real here!

This is what I'm asking/wondering?

New to TLW and wondering why SP flatlining when Brent 111p?

I don't expect that they will restart Dubhe.

This should start to move north now with much farm out interest and clarity on Dubhe.

Not moaning, just stating facts.

When have they kept the shareholders up to date? I must have completely missed that one. No information has been forthcoming on how they are reserving cash, farm-out, re-instatement etc. It will be another AGM guessing game. They must think the shareholders are thick. Long suffering, maybe, but not thick!

This is a disgrace, sorry but AGM in Houston on guess the date! Most of the shareholders are from the UK. Talk about running away from a sinking ship! More shareholder monies wasted to correct another schoolboy error. If they can't get this right there's no hope! This was the last straw - just sold my large holding - I'm out!

If anything a farm-in agreement which will dilute the share price even more!

Expecting an RNS each morning with a raise at 5p or the like doesn't make this feel significantly undervalued. It's very difficult to trust what is said, especially in light of the surprising placing immediately after the last but one webinar!

HH - hope so but just can't see it!

Results/financial update due this week.

Just concerned at how much and when they will come back to the market for funds?

Assuming fabulous news around the corner with the share price reaction!