RE: How do they get away with it?22 Jul 2025 01:04
Where did you get the "split the company in to three" bit from? The company is being split in to two: upstream oil and gas, and the Renewables(that includes the green hydrogen). If you are going to come on here to criticise the company(and they do have a lot to be criticised for), at least do some basic reading before you jump in.
Regarding the funds for drilling and testing. That was already asked during the webinar, and Adonis admitted that they had to use the funds to keep the lights on after the Anchois debacle. Are we happy? F no, but there is F all we can do about it now.
The financial results for 2024 are out and the company, as is now, is dept free. How much they will need for the demerger was already announced when they did the placing, so what good would it to to ask again π€·.
Also, could you point where and when it was hinted that the they will receive money if Enog walks?