RE: SCIR RNS ref BLOE5 Jul 2021 18:58
I'm really pleased they made that announcement, as I was struggling big time to work out what was what. A disgruntled major shareholder disappointed by price performance and dilution. Or so it seems. If that has always been the case, I don't know, but we know where we stand currently. Major tranches was bought at 7p, so there's only one direction everybody wants the price to go, if that's with or without the chairman then so be it. Can we take a break from the CP and concentrate drilling :)
MP previous WR wells have had drill costs taken off from % back to government, not seen anything on new drill to either confirm or deny this. Looking at taxes that Schlumb paid on their asset, I don't think they had as good a deal. The latter is something that the CEO is defo great at.