Well it looks like i actually got my shares bought in the 1.9p deal a while back. I requested it ages ago, but cash showed in my profile last week. Good luck to all those who still hold here.
Finally some half decent news. I firmly believe that Lekan is really starting to grasp at straws on this. If they've got the cash, perhaps lekoil cayman would be better off looking for a deal for them to buy them out, and invest the captial in a new venture!
Am i right in thinking that this deal expires today, and therefore Savannah can today exercise their rights to shares at 0.5p? what sort of deal is that? outrageous by the board. give me my 1.9p per share any day.
So whilst Demir have signed the agreement, there's not actually any mentioned of Conroy signing it. Is that taken as a given?! How long will license transfers take do people think?
Why on earth would thy offer us double money or shares in lekoil nigeria if Lekoil Limited had no value?! seems very dodgy this. i'd like to see a response from the board. saying that, think i'd take double my money right now and move it elsewhere.
How have you seen anything official on the JV, when there's been no news on it since september, which was vague to say the least? talking absolute nonsense. unless you're insider dealing which is illegal!
You've talked some actual nonsense recently, backed by no facts whatsoever. Only fact is that year end results are due today. that's it. IMO i don't think the JV deal will happen.
Honestly not entirely sure why this company is still suspended, and i am beginning to think they should just agree with lekoil nigeria and try and move forward. the potential is huge but it's all got a bit petty.
So Lekoil nigeria are basically saying that the agreement with Lekoil PLC only gives them rights to 40% of dividend payouts, but they don't pay dividends. so what on earth was the 2013 agreement for? how have they survived this long?!