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To be fair, John Potter is on his tod and wholly dependent on Valkor. John is not technical so he must find it quite tricky.
Remember the three others are part timers with other jobs so it must be quite tricky for them to keep on top of what is happening.
Mirasol
That's the point isn't it - Sanderson snatches our dosh and keeps coming back via dilution.
In effect he has been wreckless because there doesn't appear to have been any financial control And no one has stopped him.
Read what Chairman Groat says about keeping shareholders informed on his long winded chairman's report.
And yet nothing when so many and guesses abound here.
Is it not high time for information to be released.
The Directors continue to paid - for what is it fair to ask?
How much was the overspend on BB before it was aborted?
How much money overall has and is being incurred for HH? When will the stop button be pressed if it is uneconomic.
What is the overall budget for Loxley assuming planning is signed off later this year?
With EU in chaos and falling apart like worn out Lego, UK does and will be a safe and prestigious place to list. Don't forget US involvement in AME and their influence. Of course AME can list anywhere, eg Luxembourg etc and AME may not have any interest in UKOG in any event - I wonder why - so you needn't concern but if Sanderson wishes to save UKOG - he may - he may not - it is a positive path ahead.
Please do not knock UK prestige - it remains and is upheld by many positive hardworking people who keep their heads down and help to make us even more prestigious. Perhaps you haven't met any of them.
It is so sad that UKOG has been such a monumental blunder so far.
Shareholders have and will continue to pay a very big price for this national disaster and when all is said and done, how many are convinced that Turkey will be a turning point other than the directors, that is if they really are or are AME going to take advantage of UKOG's weaknesses.
Having to resort to several share dilutions may be a sign of corporate failure / incompetence. It can also be a scam if the funds raised are employed wrecklessly.
Where shares are issued as consideration for purchase of assets ie other than cash, then the assets have to be valued by independent professional expert.
Mirasol
Please Refer to AME OVERVIEW PAGE on their website.
Initially yes on AIM FOLLOWED by full listing.
Prestige and UK STANDING.
UKOG effectively disappears and is forgotten.
Otherwise UKOG will in the liquidation crematorium by........
What else is there?
All of us can be prophets of doom and here for very good reason.
The consensus seems to be we do not want more of same.
We need management who have expertise and connect with investors, not share dilution practitioners.
Either the directors stop everything NOW and run to an administrator to sort out their mess OR UKOG finds the lifeboat which may be AME - if AME are able and willing.
There is no other option.
Mirasol
Why do you have to personalise your comments. Everyone is entitled to express a view and if you disagree ignore it. Thank you.
Find me a board of directors who are NOT fearful of investors here.
Turks are entrepreneurs and in this case are already connected to US.
UKOG is the perfect springboard to join UK market and particularly now we have brexited.
To get in via UKOG is straightforward and it makes sense for both sides.
By the way should this be in prospect, I shall definitely stay because it opens up so many opportunities plus the chance to slowly offset mistakes made.
The financials may not be out next week; when these are, it takes time to go through the detail and find any coded messages. It is also feasible that there some issues which the auditors wish us to consider.
Re Turkey we shall know by then the likelihood of success.
Re HH May be more info in financials, in any event there will be update figures in next 6 weeks