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Good to know they are using Ceres Technology
https://www.google.com/search?q=who+designed+bosch+sofc&rlz=1C1VDKB_en-GBGB948GB948&oq=who+designed+bosch+sofc&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIHCAEQIRigATIHCAIQIRigAdIBCTY5MjRqMWoxNagCALACAA&sourceid=chrome&ie=UTF-8
Bosch seem to have many uses for it, all great news!
https://www.bosch-hydrogen-energy.com/sofc/?gclid=CjwKCAiA9dGqBhAqEiwAmRpTC1UNcD7TVoqoJXgrkQIOt9acCKHtHyWBRSC8ovbgygqSDO4ieGmAZRoCbaQQAvD_BwE
Thanks for your comments SRBS. If I held more than 5% I would have different options available to take. I hold a few million shares only.
My proposals were intended to promote discussion only.
The solution to a problem is not to run away when something isn't working well, it is to discuss it and try and come up with some ideas, so no, I have no plans to sell currently.
As far as uneducated goes, I have sufficient education to know what I am writing and what I am trying to achieve.
I have questioned 2 things
1) The way Mr Sanderson is paid and the fact it seems to be too high a salary.
2) The way some of the reporting has been done in the past.
I would like Ukog to be the great success I always thought it could be.
What I am proposing is....
1) A salary capped at half it's current level. Share option scheme awarded for balance of salary but can only be taken after 3 years.
2) Agreement for more transparency over business activity. Eg it would seem that HH water issues were kept very quiet when they should have been reported via an RNS according to my understanding of how.things work.
I am not suggesting we.get rid of CEO at this point..
Yet again, I am open to ideas / criticism etc, but I want Ukog to prosper not fail.
Not sure whether getting rid of CEO is best idea, a change in salary structure and agreement to report things more quickly when they occur would be a great start.
I am sure SS is a great geologist (or whatever he is called) but he needs to better in leading the company. I'm sure as shareholders we can change the direction slightly rather than totally derail things.
I have been in this share since before 2015 and like others have suffered the rollercoaster ride and constant dilution.
Dilution of shares is fine in my mind if we are getting additional value in return for the additional shares added, but we are not.
What also concerns me is the very high salary Mr Sanderson has been awarded. He has no incentives to do well for the company as he has no shares he will just keep dragging it out for as long as he can, taking £2/3 million each year he can keep UKOG running.
Somehow this salary needs to be performance related and brought into line and share options need to be a part of his salary package, not extras on top of it.
I only have a few million shares, but feel strongly that now as shareholders we should bring our CEO into line, force improvements in communication ( no extended silences when things go wrong) and address the imbalance and out of control salary. What can we do as a collective group of shareholders? After all, we own the company.
Any ideas folks?
https://www.payscale.com/research/UK/Job=Chief_Executive_Officer_(CEO)/Salary
https://www.glassdoor.co.uk/Salaries/ceo-salary-SRCH_KO0,3.htm
Like others , I have emailed SCC with references to lack of professionalism, illegality and embarrassment to the planning process....
Response from SCC.
..Thank you for your email to Mrs Katie Stewart.
The Monitoring Officer is responsible for investigating issues such as these and I would like to assure you that we are currently investigating the issues arising from the committee that took place on 29th June. A response will be sent to you as soon as possible.
Yours sincerely
Zeilie White
On behalf of the Monitoring Officer
Email: Monitoringofficer@surreycc.gov.uk
Time will tell....
That is the exact same response I had , shortly after 11am Monday when it became too late to register anyway. I have an ISA account and didn’t see any notification about registering, all seems a little odd.
Hi, I’ve registered, can you verify please. Thanks
Been a holder here for nearly four years, can't help but get a little bored of this with nothing coming from BOD. Surely good news must be around the corner?
Well, in my experience, investing in Aim shares is always going to be a rollercoaster ride. That means riding the ups as well as downs, but at the end you come out with a smile on your face. Baobab is no different, but they still have resource in the ground, huge amounts of potential and the chance to make me considerable amounts of money. In reality, this temporary share price dip serves as an opportunity. Other peoples panic can be a benefit, I will be topping up some more. I have followed this share for over 5 years and I am not jumping ship now.