Outstanding monies still not paid25 Mar 2021 08:24
Following on from the tax appeal, don't forget the money Land Ocean never paid STA (over $1.25m!). I doubt they'll ever see it now as this was the last RNS approved by Mr Gu on the subject back in July 2020:
Star Phoenix (AIM: STA), an international company with an oilfield services business in Trinidad and an oil and gas interest in Indonesia, advises that it has received a further payment of US$283,000 from LandOcean Energy Services Co., Ltd. ("LandOcean") pursuant to the sale of Range Resources Trinidad Limited. The total outstanding amount that remains due to the Company from LandOcean is approximately US$1,251,611. The Company continues its discussions with LandOcean to expedite the payment of the outstanding amount and will provide an update on any further developments.
This announcement has been approved by Chairman Kerry Gu on behalf of the Company.
Yet another false flag quietly forgotten about.