Never been interested in Coro. I know James Parsons and Marco Fumagalli are here. Two directors of C4Energy. Along with Mr Dennan, the CEO here, and also a shareholder in C4Energy. Cross reference him with Nuog and C4Energy and RGM and C4Energy and Parsons. If you want to understand why the share price has not performed here and never will, read this Coro RNS:
All you need to know why you should steer clear of this share and the people involved here. Your money has a been earmarked. Do you understand the RNS? Do you understand how C4Energy makes its money? You should do because it will make its money from you and shares like Coro and Nuog.
" the partner had already initiated legal proceedings against the Company which resulted in the Company receiving a letter late on 20th December informing it of the proceedings".
No mention as to whether the proceedings have restarted. The company reports as if the JV is still intact. In reality it might be completely different. Trying to hold onto the coattails of the JV partner.
" Discussions are underway between the partners regarding the budgeting and funding of the Mambare project. These discussions include exploring various alternative JV structures, including a re-framed JV arrangement"..
Not made up. words. The project JV is under discussion. " Budgetting and funding". Now they've told you. Prepare. I wonder how the money for funding is going to be raised? Your cash for their many, many, many shares?
Since when has being deranged and out there with the fairies been a reason to criticise anyone. Mr JTF has been a rock whilst he has led me through the desert that is Sound Energy. Long may he continue.
None of these BOD members, Brian, JJ and death threat Parsons, have left yet. They have resigned responsibility but still take out of the trough. Sickening. That leaves Marco Fumagalli, the chairman with the huge conflict of interest, and Marco Fumagalli, trustworthy member of the board to decide the fate of the company. Up yours shareholders. Was there talk once upon a time of Sound Energy becoming a FT-SIE 250 company? Who would have thunk it?
Look at his record. He was close to the action, knew what is going on, when he bought 150,000 shares at 12p. This company has managed to convince many normal people to put lipstick on the pig themselves without having to pay £360,000 a year.
RE: Brian having a good final trough on our money20 Jan 2020 17:43
Marco Fumagalli, acting Chairman, commented:
"I am grateful to Brian for his leadership of our exploration programme and his continued support of our orderly handover of executive responsibilities for this next important phase of our development."
RE: Brian having a good final trough on our money20 Jan 2020 17:35
These directors are sucking the last vestiges of life out of this company. Not one has stood up and spoken out about any wrongdoing. Each is taking a pay off and disappearing before the authorities turn up. South America here they come. They don't want to be around when the final bell is tolled. Shameless. Hey Brian, do you remember Mr Parsons misleading shareholders?
in trades since the placing shares were introduced to AIM. Nothing nefarious going on with this share. A conflict of interest with the CEO, so what? Dodgy CFO parting company just before the 14th February, the best CFO would always do that. Keep that carrot dangling just out of reach. Poor Mr Parsons. Who would wish him ill luck? They are collectively responsible. With the remainder of the board of directors. We must give credit where credit is due.
Tape and store the interview. It might be deleted in the future. What is said might later be denied. This share price needs pumping. There will be a hope it rises in anticipation of the interview. Don't be drawn in. There are telephones in Australia. Has the pending court case been averted? Is a fresh cash raise on the horizon? There is a need for pumping. Hence the interview. Prepare for poor news.
I haven't noticed any concerted selling16 Jan 2020 15:01
since the placing shares were admitted to AIM. Nothing changes. It would appear everything is rosy. I would have thought a new CEO would have been found by now. Especially with the conflict of interest of the present one. I'm sure he isn't standing on the neck of the company whilst squeezing the last vestiges of life from the carcass. JJ is sitting pretty, not eeking his blood money out of the company before slipping away just before D- day. Nice timing. And Mr Parsons, who can blame him, when there's CCTV evidence all over the place, why not deny it's you, no comment and sit on your hands. That way they have to prove you responsible. What's this about a 50 metre corridor? Yawn.
You're correct. Environmentalists will love it. Scrape 630,000,000 tonnes of rubble out of the ground, put it in trucks and drive it to the coast on local roads, ship it to Australia and treat it with nitric acid and deposit 630,000,000 tonnes of rubble(contaminted) in Australia. The environmentalists will love the it. And the locals.