Yes for better or worse the emphasis is now on Hemp, so if you don't accept/like that then sell, if you want the potential of some money back then its worth waiting to see how things develop in the short term (3-6mths), IMHO. If they get an OTC listing shortly it could be truly transformational, some CBD companies have a P/E ratio of 200+ (Charlotte's Web for instance)!!
At least something a little positive about an OTC listing. However I don't like words like "exploration" and "firm intention" too vague for me, I would prefer to see something more definitive, like an OTC application IS being prepared and will be lodged in next x weeks and we fully expect to trade on OTC by xx date
I would expect that the opportunity of an AGM is not just to pass the routine resolutions, but also to reflect on the past, update current plans/projects and give a forecast of events and income for the future, that is an overall business update and plan.
Many people support the need for action on climate change, including me, BUT what action is the question and in what timescale? My view is that in the rush to do something we will likely do the wrong thing for the long term benefit, such as when we rushed to diesel and now rushing to electric cars (as if that is the ultimate solution, a no brainer!). So Greta says listen to climate change scientists, but what I want is for people/politicians to listen to the scientists/technologists of solutions and put billions into their research programmes, that is where the big money should be going, not just into more electric charging points.....we might find in a few years that hydrogen or something else is the solution (for cars). There are many angles to this climate change problem and not all based on reduction in fossil fuels, from population control to veggie burgers to stem cell grown meat, etc. In the mean time I still firmly believe that there is a strong future for homegrown oil and HUR, given all the ongoing geopolitics.
Aduk, Agree that a fishing job is not the end of the world/well, things rarely go exactly to plan (as you know), but it would certainly be an irritation we could do without! Not fundamental to the final outcome though.....fingers crossed. Probably means well will not be completed and tested (hopefully) and rns'd (given that HUR tend to only do that when fully complete and lifting anchors), until late Sept though? However some more definite news/rumour likely to be leaked (flare, etc) towards that time, say mid Sept?
There should be a Q4 Corporate Presentation update on 1st October. This will no doubt give us not only the latest Lancaster production figures, but also an in depth analysis of the Lincoln drill. The Lincoln result due mid Sept will give us the basics, but not much more.