RE: Good Morning Campers3 Sep 2018 13:52
Yeah given the share price is the same or maybe even lower than before the transformational deal was announced 2 months ago I'd say its debatable that any transformation has taken place!
I thought they need to give 3 weeks notice and Jay said they'll get EGM done in September and final sign off in November? Got to be one of the longest farm out deals for a company this size.....its ridiculous, 5-6 months after the transformational farm out is announced before its agreed and we can move forward, meanwhile shareholders are sat twiddling their thumbs and the CEO banks another £200K while generating no income.
It's a stretch to say they've already begun remediation on KN1, what have they done? Looked at pressure readings? Reported to the market they have a faulty valve? They haven't done anything, and they can't do anything material until its approved by TPDC.