It could be that the well is much more than expected, and the fluids coming out are already refined for use at the pumps. There, that should find agreement surely with the rampers on this site.
I believe that very shortly we will have an RNS about a Β£5M drawdown loan facility from Aquitas. Under the agreement an Advance public needs to be issued by RNS Under the pricing periods mentioned the shares would probably be priced around the 0.36p range. Remember the agreement states initially the monies would be used for ADDITIONAL APPRAISAL AND FURTHER DEVELOMENT AT WEST NEWTON. So much more works at W.N is already flagged up here!
RNST....the problem is that most of them are past their comfort zone with their 'investment' and cannot contemplate failure and therefore attack anyone who says it may happen.
Heid....ever heard of payments by results?.....well the jury is still out with no results so far. So in reality David should not be giving himself an extra 25% irrespective of the sum involved. No Bonus accruing to a non result. Let him have his reward when a positive outcome is known I say.
The chuckling you heard was when D.B just reminded himself of giving himself a 25% pay rise last year without any good reason why?....all at the investors expense I would add.
It would appear that the Triad of D.B S.W and S.O are having great difficulty in finding words that do not have a negative connotation prior to putting together an RNS about West Newton.
It would appear that the Triad of D.B S.W and S.O are having great difficulty in finding words that do not have a negative connotation prior to putting together an RNS about West Newton.
"I do not believe they are hiding bad news, far from it. The longer this goes on the more interesting it becomes"
Heid lol, I cannot believe you have just posted that. On that basis then if the s.p drops to 0.18p then it will be more interesting....ffs what logic drives you to think that?
Looks like price manipulated down so Aquitas can pick up a discount on an already low price. Β£5M drawdown with dilution coming soon. Watch this post get removed.