Member Info for newlunar

Is someone able to summarise our story and the shenanigans going on? I'll host it on a website which may get our message out there if everyone can promote it via social media.

If PK knows dodgy things have been going on, even after you've spelt it out to him and doesn't report it to the authorities. Then he is surely complicit too.

8 million is a small trade unless it's in £?

So yeah sit tight!

Because if you sell now, sods law says the JV, rbl, ggs RNS will drop and we'll be £5 before you know it

And the scenario if for example Exxon have 30% COPL and Denbury have 21% COPL. Exxon buy Denbury so they now own 51%v of COPL. I believe we've established TR1s are not mandatory.

So what keeps us save in this scenario?

Exxon and Denbury are just examples by the way.

Is it really a £1 million saving? Maybe in the long term, but how much to let them go? A million?

So no one can have a conversation here without petty name calling. Classy lads!

Seriously? What are you? 7? I post based on my observations of what is happening to this company but instead you act like a child?

Yeah sorry, I don't get paid to post 10,000 pointless posts like some.

"its value is determined by the net present value of its reserves by a 3rd party evaluator"

So as long as they borrow shed loads of money they can't afford to pay back and buy oil fields that don't produce then it's a success for them?

Regarding the JVP not liking what they see on the boards. It's probably just because they don't like the fact that most people have figured out who the partner is already.

Strength in numbers!

Remember Art and the BOD work for us. His job is to raise shareholder value not destroy it by 85%+ in 18 months. So far we are being ignored. For years people have clung onto hope and dreams for nothing.

So Art is proposing the share price needs to be higher than it currently is. By going down the consolidation route isn't he implying that he has little faith in any production increase, RBL or JV raising the share price much?

We haven't even had an RNS about any of the resolutions! So don't expect an RNS explaining anything...

Probably the best post I've ever read here! Thanks. Email that to Art!

I reckon the consolidation resolution is being used by the bod to test us. By purposely putting such an outrageous resolution in they are seeing what they can get away with. If it passes they will be able to get away with anything they want in future knowing it won't get challenged or voted down.

History has a habit of repeating itself. Based on that alone, consolidation is really a bad idea!

Seems strange that there's no RNS regarding the AGM. Almost like they're trying to hide it from your average investor. Or is this completely normal??

When?