RE: MMs are good honest people19 May 2023 14:01
Its likely as much to do with traders selling in disappointment after the "accelerated plans" came to nothing imo.
2nd Feb they had the first loan with promises of accelerating project 1 .
"The funds raised provide the Company with additional headroom to accelerate its Project I development programme. This includes additional wells and side-tracks, following completion of well WR-B01Za, which is currently being drilled."
WR-B01Za Test Results were in end of Feb and still not a whisper on the acceleration of project 1.
Bad form imo and quite sad that I'm not surprised at all.