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Doyle - that is not what it says. They have shut in the well, not the terminal. And it is due to high liquid content, not flow rates.
Buy backs would have seen us in single figures.
We can’t afford them until obligations this year are sorted
The BOD and their interested parties have been in control for around 5 years now by my reckoning!!
The Jersey Boys supported this awful deal and opted to keep the BOD in place and reward failure.
Good luck to you AA. Thinking clearly not your strong suit!!
Got my hopes up there that the BOD were doing the right thing and resigning….but no, another director with dubious connections in my opinion
I was told once that ABs fortune is largely from his lock up garage portfolio.
526 posts in 20 days.
45 odd posts on PMG in the last day or 2.
Steve - I will post where I like.
Based on track record it will not happen this year.
SCIR needs the deal to actually go through otherwise they will be going bust in my opinion. Once it goes through they have to repay ARA the loan they have provided. Let’s hope it is not more than the $3m that will be received.
Then of course their pals Gneiss need to be paid their “success” fee.
If you think there will be any money left over for an AD then it’s a delusion IMHO!!
Looks like we have a ramping crew on board?
Sjab
Dead cats bounce too.
Lol I see a ramper has arrived
Roger.
MMs playing with the spreads and some mug punters getting excited.
The company is a bloated corpse in my opinion. If the ARA deal actually completes then full payment is years off. Meanwhile costs remain eye watering and capital is required to develop the AD business.
I will be avoiding the share. Management team that have overseen the decline from 2.25p are still in place and engaging related party consultants. Governance non-existent in my opinion
Lower highs and lower lows. Good luck if you are trying this old dog.
Lol, no takers though I see as there have been zero trades today.
Glad to see it has been taken down. For me this is more newsworthy than the original article.
On the 9x…all it will take is one interviewer to make a labour politician squirm and it will be abandoned.
They crossed the line on this one and the BBC have been made to look a bit foolish with this “exclusive”. Perhaps these types will now receive more scrutiny.
Romaron - exactly, Dana will no doubt have contacted the BBC and uplift. I would if someone unfairly labelled me like that. If they are going to start singling companies out then they need to be a bit more careful about the data.
I’ve complained to the BBC anyway. Very lazy journalism from BBC “Data Journalism”.
What do we think? Suckers rally?
Equally the amount of oil that naturally seeps out of the earth is huge compared to these releases.
Or worse open to be accused of defamation.
I disagree Romaron - main stream news outlets will be wary of parroting Uplift and inviting their representatives on TV if it is going to end up making them look stupid and incompetent.