Member Info for PAUL1DEANO

' The share price has been destroyed by a Board who have depleted liquidity so that it will struggle, sorry correct that to stand no chance, to develop its far too numerous capital hungry projects without asset giveaways and loss of control just like in 2019.'

In essence all junior mines will face this problem, raising finance.

However we have Kerim who is a committed geologist/explorer who I feel is possibly more interested in that than we are in the SP, some of the decisions made may have been more suitable to the former mentioned.

With that in mind I did sell out my allocation in my SIPP and went down that route myself and looked for more riskier explorer options and went into ECR minerals operating in Australia, a far better choice than Africa for such endeavours.

'with European countries being the primary recipients of its exports.'

Hmm we had a stronger hand in Brexit in negotiations.

How much do they export to us?

Who are our export customers?

What do we get in return from these customers - all good to know?

'flying above permitted altitude and they were even warned ffs! I think Trump has a point tbh…'

pilot error then?

The residents will win and we will import gas in until we can run the country on renewable energy.

I'm looking at having a log burner fitted and solar panels and going off grid.

Some fool as just purchased 3 million.

‘ Meanwhile I have got far more enjoyment buying into Canadian mega mining ( giving regular quarterly dividends etc with competent B of D's at the helm).’

What’s up has your back bone gone?

Are you afraid to name them you commie vv@nk stain XXxx?

‘ PAUL1, so it's Labour responsible for the windfall tax?’

Sorry to clarify, the uni party government politicians acting as agents for external forces determined to destroy this country are responsible for it - all the politicians in government can be considered traitors.

‘ Since then we have had a lot of climate sh#t that is complete lies ’

I agree climate change is the biggest load of horse 5h1t foisted upon humanity, a lot of people are just suckers pure and simple!

For there to have been no RNS when Oza was appointed to the board of LNE energy gives me the impression something is adrift and not right.

If something is not done about it, then what is the purpose in investing in UK small listed companies?

The pair of them need removing for incompetence and a lack of fiscal fiduciary duty to shareholders.

Remove this Labour government and the windfall tax we might just stand a chance!

What bothers me is I invested in Ariana for it's Turkish operations, which then got sliced for supposedly better opportunities.

Cyprus has been shelved for whatever reason, Dowke is risky due to the attitude of the government and WTR is a very complex structure to fully comprehend. Where the SP would be right now if we had not have involved ourselves in what is mentioned is hard to estimate. For if it were around 5p and I would quite happily to have sold around half to three quarters of my holdings for a 5 bagger.

Never mind I have time to sit and wait but by 2027 I need this to be around 25p, I can't really see it and unseen is inflation eroding that target away.

Kicking myself for not selling at 6p as I would have rebought in at 2p.

'What we really needed was more clarity on the permitting state of play by the Italian authorities.'

It is too geologically risky, so the answer is not no nor is it yes.

Not bad work if you have been appointed a Director on LNE and do not have to disclose your salary!

They repeatedly keep buying not 'distressed' wells/fields which is their stated objective but ones which stand a questionable chance of success.

For it to happen once is understandable but twice considering the change in environment when the CS deal was announced is just bewildering. For them to end up on the board of these new partnerships and no RNS here to announce it bewildering.

They are not running this company with the correct director fiduciary obligations or transparency.

ACTION NEEDS TO BE TAKEN!

'Paul you may have my 1% support'

offer declined

@persimmon if this CS deal does not materialise by next week we need to start questioning the board and take all actions to remove them from the board.

Directors have fiduciary duties to act in the best interest of the company, prioritising its success over personal gain.

Key duties include acting in good faith, avoiding conflicts of interest and exercising reasonable care and skill.

Breaching these duties can result in legal consequences, including personal liability.

Directors should be aware of their fiduciary duties and ensure they act with integrity and diligence. Regularly review decisions for potential conflicts of interest and ensure they are made in the company’s best interest. Seek legal advice if unsure about specific actions to avoid personal liability.ps for Businesses

Directors should be aware of their fiduciary duties and ensure they act with integrity and diligence. Regularly review decisions for potential conflicts of interest and ensure they are made in the company’s best interest. Seek legal advice if unsure about specific actions to avoid personal liability.

https://legalvision.co.uk/corporations/fiduciary-duties-company-directors/

I purchased 10000 the other day but aware of the risks involved.

So what has happened to the copper story and the moose pasture gold field?

Lifestyle.