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LT must feel shafted by the BOD.
Who's in and who's out then?
Must be time to cut the wage bill. Minty son is out...comes over as Mr Arrogance...and they have the city man in their pockets....and Simon...well..no comment.
Agree with this. I thought Seadog was trustworthy but doubts coming in now as he goes quiet when there's a significant drop. Has spells away and silent. Brazil...anyone's guess. GTW must still be at least 6-12 months away although a couple of fields up now for decommissioning. If not them.. it will be 12 months to anything meaningful and we don't have the cash. Simon this is for you #worryingtimes
Can't believe the new consortium members who have money will let that happen to MFD.
Wonder when was the last time any of them worked beyond 9 - 3pm or a weekend??
Why didn't they raise more?
Our man out in Brazil seems busy with other projects...ummm!! Working capital??
Agreed!
I also believe in resurrection and Easter is not too far off so let's hope this can copy the original one to prove that you can get life out of a dead duck.
Let's hope these guys are as good at getting a deal over the line as they are at playing the AIM market...corrupt to the vote.
Mention...yes...but regurgitation is a better word. I think you know we mean more than just a mention!!
LT Can you advise your thoughts on marginal fields and Brazil. These seem to be moving slowly off the radar. Bearing in mind the money raised last year was to bring one deal over the line surely there must be one near to signing on the dotted line. Your knowledgeable thoughts appreciated as the lack of info really concerns me.
No mention of the last placings to finalise marginal field deals. No mention of Brazil and our man down there. NF nothing!! Dear Graham, please disconnect the puppet strings and give us the truth about things. This is sooooooo bad!! And then you place and see a 45% drop in SP. Wonder if the BOD will buy as well as Simon and the rest of the clowns.
What's happened to the marginal field deals that previous placings funded? Remember #excitingtimes, to get over the line. That's the real news for interims update. GTW was a curveball, lets not forget that.
Yes..I noticed that after further reading...as thought the 30% was low. Also operational emphasis (and immediate running costs??) with Marnavi. Probably the best we can expect at this stage.
GTW financed as as a facility and therefore shipping financing. MF to raise funds via Einer..however even the president of Marnavi refers to the need to do this without dilution to MF.
On the rise, financed but lesser cut as a result. Hope the two advanced GTW projects deliver. Now need to do the maths based on new percentages.
Can't afford the flights out there at the moment. Minty might have some air miles??
Seadog quiet at the moment...anything you can add to improve things?