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Https://88energy.com lots of details on ongoing news from 88 energy . Just seen 88 energy news on there wep site update
Wildcat Petroleum Plc
("Wildcat" or the "Company")
Clarifying Statement
Wildcat Petroleum Plc ("WCAT"), a company targeting investment opportunities in businesses and assets within the upstream sector of the petroleum industry issues a clarifying statement.
On 6 November 2023, Mandhir Singh, Chairman and CEO of the Company, gave an interview with Directors Talk which has subsequently been reproduced on social media. Mr Singh regrets some of his comments and now accepts that they may have be misconstrued and wishes to clarify the following statements:
Crypto and Blockchain - For clarity the FCA has not been advising the Company as to what he can say about its crypto/blockchain plans. The current position is that no blockchain activities and token offerings will take place before the Company has implemented its investment strategy to acquire an upstream oil and gas asset and it has published a prospectus in line with its Listing Rule obligations. The Company emphasis that the launch of tokens will depend on the regulatory environments at the time, as well as obtaining approval from appropriate regulatory authorities.
Prospects - The Company refers to its RNS announcement made on 25 October 2023 relating to its Report and Accounts. Within this announcement the Company referenced a number of points including the Company's future prospects. The Company confirms it has received an indication from the OEPA (Republic of Sudan) that they would be prepared to sign a Service Agreement with the Company with a view to increasing oil production on the Bamboo oil field. Once the political situation has settled down the Company is hopeful of converting this Service Agreement into a Production Sharing Agreement. For clarity a Service Agreement has not yet been signed and there is no guarantee that an agreement will be signed.
There has been no material change to trading since the publication of the Report and Accounts on 25 October 2023.
A further announcement will be made in due course in line with the Company's regulatory obligations.
Just watched the vast interview and all I got out of it was vast are now going to be a advisory company on the mines .looking for any scraps left over from any profits the big boys have made .10% profit on what. Taking a truck half way across the world . Good luck on that one . Plenty of bandits out there
More crap news . A lolly pop stick is eco friendly
WHY WORRY, diamonds worth an estimated US$140 million dollars have disappeared from the supposedly impenetrable Minerals Marketing Corporation of Zimbabwe (MMCZ) and Zimbabwe Consolidated Diamond Company (ZCDC) repositories.
The diamonds weighed 350 000 carats.
According to previous auctions, Zimbabwean diamonds normally fetch about US$400 per carat, although this can rise to as much as US$12 000 per carat.
Auditor-General Mildred Chiri, in her report for 2019 which was recently released, revealed that both the MMCZ and ZMDC cannot account for up to 350 000 carats of diamonds which were kept in their vaults.
The matter has since been taken up by the Parliamentary Portfolio Committee on Mines and Mining Development, which, at a hearing Monday, demanded answers.
The committee is chaired by Shurugwi South legislator (Zanu PF) Edmond Mkaratigwa.
Environment and minerals watchdog, the Zimbabwe Environmental Law Association (ZELA), was also invited to present its analysis of the situation.
Chiri’s investigation also revealed serious diamond stock reconciliation loopholes which she said could provide the avenue for looting.
She also reported that some diamonds were sold in the Zimbabwean dollar to local customers, who later spirited the precious gemstones outside the country, pocketing foreign currency in the process.
Curiously, the identities of the customers were not revealed even to the auditor general herself.
“In 2019, 297 660, 41 carats of diamond stock held at MMCZ was not counted at the time of the stock count. These parcels were packed for customers and held at MMCZ. However, at year-end, during the stock count, these stocks were not included in closing inventories,” Chiri said in her report.
“In 2018, 41 699 85 carats of diamond stocks held at MMCZ were excluded from the stock count. It was assumed at the time that these stocks had been sold to customers. An additional 13 222, 85 carats were excluded from the final stock sheet in error,” Chiri’s report reads.
In response to Chiri’s findings, the ZCDC management indicated that the company would in future engage a diamond stock controller to prevent such leakages, but the auditor general raised the flag saying such loopholes are mostly a result of deliberate corrupt actions.
“So the stock reconciliation problem was attributed to systems challenges. However, sometimes, laxity in systems can be created to enable corrupt or fraud behaviour to thrive,” Chiri noted.
Chiri’s report further reveals that the MMCZ, in December 2019, could not account for five carats worth slightly over US$2 000. The diamonds conveniently went missing during a Close Circuit Television (CCTV) failure.
“The audit revealed that the corporation could not account for five (5) carat diamonds worth US$2 075 which went missing during a weight verification exercise. The findings of the audit revealed that MMCZ could not ascertain how the five carats of diamonds were lost beca
credit where credit is due i jumped in after seeing you post.
is anyone having trouble getting live data share price on lse .paying for the service but no share price movements on live data,i will have to cancel this service if i cannot sort this problem out,, can someone help on sorting this problem out or tell me what other web site to use,thank you
Government buying covid test kits early ready for the Christmas party
New ba.2 a more contagious version of the omicron variant has been spreading in the us. Soon to be in the uk . Wait and see
Ba.2 a more contagious version of the omicron variant has been spreading in the us. Coming here on the next flight to London
All my covid stocks Are down big time . Been away on holiday for 7 weeks . Thinking I’ll be in profit when I come home .wow very expensive holiday
See what today brings blue or red . 20.000 bitcoin rise in 2 weeks and we have had very little movement . If the last 2 weeks share price movement is anything to go by.then there’s nothing to shout about .some news coming soon from Argo am sure . Every time there is a big push up they come out with some bull ****
Don’t get to carried away bitcoin was 43.000 the other week . Hit 60.000 Friday and this sp share price was up about 10% from bitcoin being 43.000 .so if 17.000 rise gives you 10% rise .then things need to improve
Wow 52.000 and still in the red.dream on people
Well am not sure what the future is for this share . Am sure I got in at about £3 pounds under the name clear leisure . Since then it’s been all down hill. Anyone really knows what’s going on then please spill the beans .it’s stagnant or it keeps going down in price .wait and hope no point selling
yer your maybe right in the timing sometime in november december 2019.time goes quick .but i only remember things what interests me. and thats the suspicious goings on with this company.back handers
was the peak for me to sell
no i sold at its peak £2.20 read what i said.bought in at 20 p.sold at £2.20 that was a good rise for a new company.i do not sit here every day watching the share price.or go back in history to check all the dates i bought and sold. you can dream all you want.so can i...but ive taken half my shares out.bought into bitcoin.the fact is this company keeps coming up with bull**** when there is a bull run..5000 bitcoin up and no blue...make your own mind up
yes i was in from 20p .bought and sold when it was at its peak.£2.20 but still got half my shares in argo..not many people where lucky to get in early when this was starting out. since it hit £2.00 its been in free fall with the odd comeback in a rise. the odd rise, but its not making headway for over a year now.. you only have to look at the price of bitcoin today. what a run this weekend .but no rise in price, if bitcoin drops this week. you watch argo go down bigtime in price,think what you want,but its true ..am not selling ive made some money...am just stating obvious
i have sold half my shares and bought bitcoin. suckers like you live in a dream world