I’m afraid it doesn’t quite work like that, the £42m , might be used to offset profit that a company makes , or to offset costs ect! But to get the benefit we would have to have a product or service that made money !
Ha ha yes SEL not sell my mistake ! As to other games in town , I have heard several rumours, including the one about Sarah Cope , and Helium 1, being interested in us because of our tax offset against future profits!
Sell is not an option, the share are not tradable ! The tax losses can be used, against future profits ! And on the surface appears to be our only asset! However I am intrigued by the lone we have, why would someone be prepared to throw more money at this if things were hopeless? I have more questions than answers !
Nothings! We are are waiting to see if they can get someone or anyone to invest in the company! At the moment our shares are worthless, we are living on borrowed money!
They might become an oil producer next year ! Plenty of time for this to drop to 2p a share it’s going to be another eight months to wait after waiting 18 months for the licence !
I received a AAOG share certificate this morning a paper one as they are no longer tradable! Any suggestions what to do with it ! I’m thinking of framing it and putting it on the wall, as a warning not to trade on the AIM !