George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Will we have to put up with this verbal crap. The woman is in saturation mode!
That the boards salaries are not linked to the share price.
RNS states - “Following several months of technical evaluation” – Don’t they mean YEARS? Just another excuse for Can Kicking. DB’s latest attempt to appease LTH’s was, in my mind, pathetic and hes STILL bringing up COVID as an excuse!
Methinks that the only Gas we will see at WN is in a Calor gas bottle used to boil the water for the security man’s tea. And Oil? Well, word is that the same security man was seen buying a can of 3in1 Oil for his bike chain.
With the share price lower than a midgets scrotum I don’t see anything heartwarming about this RNS or the ongoing shenanigans.
They say that a dog is not for Christmas.
Much like this DOG of a share.
Within my previous post I stated that the initial drill was 2021 - it was, in fact, 2019!!!
How time flies when one is enjoying one's self!
Just a few quotes from DB / UJO on WN – following the initial drill (2021):
“Offshore discovery made Onshore”
“Will turn UJO in to a Mid Tier Oil Company”
“Share price will be a 3, 4, 5 bagger!”
It is clear that RBD have taken the foot off the gas (excuse the pun) with WN. Rathlin, despite having approval for 6 wells can’t even drill a hole big enough for a fence post! RBD have stated on their website that drilling of the horizontal well will take place HI1, 2024 with first gas being 2026 – I will not hold my breath on any of those dates.
So, on the face of it the only show in town is Wressle, for a couple of years, at least. But at the moment there appears to be an ‘Adjournment’ in that area and the silence is deafening!
CPR, G2W / G2G? Havent seen anything on CPR and G2G and G2W will need approvals and applications. Given the protracted procedure for approvals at Biscathorpe, might it not be a bad idea to apply ASAP.?
And here we sit – Share price at half the consolidation price and the prospect of LTH’s becoming even LONGER holders! Happy Daze.
Following the purchase of the three gas turbine gen sets and the statement that the power would be used to provide power for the Wressle site and to sell off the excess power to local industry. Dose anyone know what revenue has been accrued / made from the selling of power to *local industry"?
Can anyone tel me whats happening with the 'Monetization Of Gas', following the installation of the very expensive turbines at Wressle?
All this talk of Buyback & Divi?
I would much rather receive a decent CPR / CPR+ and see the SP raise!
Happy Daze & GLTA
TAC Always remember - When a man points a finger at someone else, he should remember that four of his fingers are pointing at himself
My own opinion as a LTH is that the company lacks credibility. The statements made, such as, Mid Tier Company, Offshore Discovery onshore, 2 x 3 x 4 bagger will, I hope, make DB cringe when they are brought up.
This outfit are not, at all, acting like a ‘Mid Tier’ oil company but should start doing so if they want some credibility.
Take Wressle out of the mix and what have we got? Zip, zilch, nothing. Everything else, including WN is just a hope, and not a very good one, at that. Telling holders that the cores and samples have been sent to four corners of the earth with no follow up results is total bo**ocks.
I do hope that the long awaited GC CPR will make me eat my words.
GLTA
The narrative from some on this board is far to corporate for me not to think that it is from someone 'In The Know' or a 'Hired Gun'.
The yanks have an acronym that I am sure many of you are aware of CYA. Certain posts are full of such claims and statements and far too detailed for them to be written by a lowly PI writing about a Pi** Poor AIM outfit.
Totally agree.
All smoke and mirrors.
Leak Investigation? Can we expect any news on that if an investigation 'Didn't' take place.
As per Chitty - CPR / CPR+ - also a mystery. Must have been written in invisible ink!
Men, women and those who haven't decided, yet.
I think I have discovered who Heid is!
She is either Sue Pollard or Ruth Madoc from the 1980's BBC comedy sitcom.
How many clues do we need???
(Ding Dong!) Heidi - Hi. GOOD MORNING RAMPERS!
She who must be ignored is quite today.
That's a bit worrying.
Heid!
"Rude and Ungrateful"? please tell me something we should be grateful for.
Respect is earned, and not by telling porkies and bulling up a company by spouting tales of Fiction, Fairy Tales and Fantasy - much like yourself.
'H' MUST be bored. Going through the same old, same old!
Maintaining the Status Quo.
Mirasol. I, certainly do understand the process of a CPR having been in the oil business since 1975. I have seen and been involved in many operations even before the concept of a CPR was invented.. The continued intimation is that UJO / Partners are waiting for the CPR.
I, also, believe the crux of the matter is in the last few lines of your own post. GLTA.
This delay on the GC CPR / CPR+ (or whatever it is) isn't doing much for GC's 'world class' reputation.