Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Brokers are like accountants, some are honest with integrity and some are as bent as a 'bottle of chips'. Which kind are well known in the industry.
Not a good sign. The brokers until now were probably asked to do something they were not in agreement with.
Normal service resumed. On the West-ern Newton front.
Jack is the dynamic duo's 'Trojan Horse'. The facts speak louder than the utterances from the secretive spokesman for RBD Jack, Unlike the two CEO's the share price and it's downward spiral over the last few years does not lie!
The share price is now only half what it was 1 year ago. Let's all celebrate this outstanding achievement of our two co-CEO's
Now UJO have got a new director on board perhaps they can't afford it.
Uggy, I think RBD were hoping that a 'white knight' would come along before this time and give them a helping hand to bail Rathlin out. Now it would appear no one is there and they (RBD) will have to carry the financial burden themselves. Within the next few weeks we will know, one way or another.
I would not be surprised given the apparent lack of external funds to proceed with West Newton and the fact that Reabold Resources are already the majority shareholders of Rathlin, that a full takeover of Rathlin will be initiated before the end of June. That would obviously take time to ratify and push any already projected drilling timetable of W.N into 2025.
Delay, delay delay.
OMO and G.L to all us investors.
Overdue at Companies House.
Back to where it was exactly 1 year ago.
following the 'lord mayor's show (false dawn) comes'..........................the **** cart and accompanied selling.
I see George Russell's Mercedes understudy Lewis Hamilton did well to finish only 2 places below him in 9th
OK Uggy, let's just agree to disagree...no probs
Uggy, I think there is more to this than meets the eye. Firstly many of those that represent the larger Institutional Investors were probably known to the joint CEO's on a personal basis prior to involvement in RBD, so they feel honour bound to keep there involvement through 'thick and thin'. Secondly if they pulled out now it would show up their own shortcomings and lack of professional 'nous'.
There is 'start and start'. Rathlin has to raise the finance first. Their major shareholder is Reabold. Have they enough in the kitty to pursue both the Italian adventure and the West Newton beyond initial drill? How many months/years will it take to order the drilling rig.?
Will UJO find more monies to help finance West Newton? Cannot see any third party riding over the hill on a white charger to assist. Meanwhile the clock is ticking.
Why you may ask.
Because the Labour Party will almost certainly form the next Government.
Here is an extract header from the Draft Manifesto.
"Commit to stopping the issue of new licences for oil and gas, while managing existing oil and gas wells sustainably over the coming decades"
Why you may ask.
Because the Labour Party will almost certainly from the next Government.
Here is an extract header from the Draft Manifesto.
"Commit to stopping the issue of new licences for oil and gas, while managing existing oil and gas wells sustainably over the coming decades"