Member Info for persimmon

Bozo and CoCo driving two new red Ferrari's seen on manoeuvres in the West End, pulling up outside their favourite Italian restaurant. I wonder which will be wearing the biggest red nose by the end of the evening? Well we all know who will be footing the bill....us mugs

Correct Paul. However those treacherous MP's who ignored the members wishes have shot themselves in the foot. They will be seeking new employment next year. The alternative looking at their potential ministerial candidates fills me with dread. David Lammy as Foreign Secretary perhaps? The ginger minger as Deputy P M?

BIG BIG News coming shortly....fasten your seat belts!

The Market Impact of Form NT 10-Q Filings

Late financial report filings, whether of 10-Qs or other documents, especially 10-Ks, can be red flags to analysts following a company, as well as its regulators, investors, and lenders. While the reasons vary, companies who list accounting issues or unexpected changes in accounting or auditor firms (particularly if these involve disagreements over accounting principles or resignations of auditors) as the reason for the delay typically face much more scrutiny of their late filings.

Hamilton accepts he screwed things up yesterday, and that his ambitions were in front of his capabilities.

Saturday October 7th 2023

(bonds will have to be arranged prior to new wells drilled)

"Oil companies will have a harder time passing off old California oil and gas wells to smaller firms that can’t afford to clean them up, under a measure Gov. Gavin Newsom signed into law Saturday.

Marking a win for environmentalists and communities near aging oil fields,

The Orphaned Well Prevention Act will prohibit the sale of an oil well unless the new owner can pay to plug and clean it — with the goal of preventing wells from becoming “orphaned.” The governor’s signature is a win for environmentalists and communities near the state’s aging oil fields."

Water water everywhere and not a drop to drink!

“Several years ago, we undertook a similar initiative to root out repeated late filers,” said Sanjay Wadhwa, Deputy Director of the SEC’s Division of Enforcement. “Today’s enforcement action should serve to remind SEC filers that reporting obligations under the securities laws are not optional, and there are consequences for failing to file required forms in a timely manner.”

K3...that's the ticket...or should it be whippet!? lol

So unlike Heid's parents they do take precautions.

The 6 monthly interim signed off Wednesday of last week and published Thursday highlights many interesting points.

Included is a couple of small sentences about Daybreak Oil and Danube Petroleum. Have they both been written off?

Seems likely, with the tiny detail given.

The Italian further acquisition mooted, which if carried out must be finalised by the end of this year December 31st. It seems that should the Shell final tranche not be paid by that date and only shares be issued in RBD in lieu of cash, then around 2 billion more RBD shares could float, thereby diluting existing shareholders massively. Of course the directors will project matters rather differently and sell it as an asset.

BY TONY BRISCOE STAFF WRITER

OCT. 3, 2023 3 AM

As flammable gases and toxic fumes seep from thousands of abandoned oil wells across California, state legislators passed a bill last month that would require owners to set aside more funding to properly seal wells once their use has ended.

But the measure attracted a surprising adversary: Gov. Gavin Newsom’s Department of Finance. The state agency, in a July analysis, has contended the bill could backfire and wind up exacerbating the very problem it intends to solve.

Although Newsom has recently gone after oil companies for price-gouging and climate denialism, his finance department’s opposition has cast uncertainty over whether Newsom might veto the would-be law.

After passing the California Assembly and Senate, the bill has sat on Newsom’s desk for more than a week, and he has until Oct. 14 to sign or veto it.

There will be "gas coming out next year" but ain't going to be at West Newton.

Reabold Resources have already stated 2025, and that remains to be seen....delay delay delay!

PMSL @ the Heid bots 'observation'

G P I don't think for one minute that the casings and associated pieces of equipment's mentioned were purchased until AFTER the accounts were signed off by Rathlin in May.

Lol Uggy...........Your goldfish are a species of carp of which Stephen and Sachin are of a family very close....you just have to move the vowel to the right of the letter r.

If reading Rathlin's future pronouncements included in the Annual accounts just released on Companies House is great news' I'd hate to know what your poor news would entail.

Another concern of mine is that the Shell final payment may be used as leverage to obtain first refusal over West Newton should it prove Commerciality. If this is realised then a 'firesale' may be the outcome. Rathlin and by association Reabold Resources are in a very weak position at the present moment. Other commitments elsewhere must also be of grave concern to RBD directors. A few years of 'kite flying' could be the order of the day.

Accounts now out at Companies House as I stated this week.

Defer defer defer is the take away from initial reading.

£9M required by June 2024 (No idea where the money is coming from to date, still investigating various options).

Suggest everyone reads it in depth to understand the problems that exist.

Expect a drop in s p following this Report.

G L all, we are going to need it.

What's going on? Such fantastic news and the s p hasn't moved one jot!