Conferance Call8 Dec 2018 12:30
Looking forward to next weeks CC. Hopefully to clear the air over several issues. The expert geology posters should have their questions lined up then the financial company analysts investors to probe the issues behind this 12p. share price. CC people may be spoiling for a fight but will not help the situation, Sarah will step in and deflect vitriol.
Damage limitation should be on the agenda to underpin the present share price and our investment to restore confidence,
As mentioned in previous posts. J.P. didn't force us to invest our cash in the company with it's gas license to prospect an area the size of Belgium but the hype of golden tickets, let the drill bit do the talking, numerous presentation's and the promise of sell out to a major at £5 to £10 per share has perhaps encouraged us to invest more in an AIM than the normal risky oil and gas stocks.
At the last Geology Society, London event a few investors asked J.P. if he had any plans to leave, he said his contract was for a few years and finish the company sale. Another question for the CC.
My motto is always expect the unexpected. If in doubt butterflies in tummy, uneasiness. Derisk when possible.
At Norwich a handshake with J.P. asked if I had traded the shares, he looked a bit sheepish when I replied, yes I sold £50k worth from my £250k holding to buy more Echo. After your recent one mill. £ sale !. Oh right !, O.K. well ahem.... Sarah,s got some nice sandwiches and wine over there !.