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Lost 5% of company value with less than £4k shares traded. Share price being deliberately brought down ,how do these market makers justify this?. They are strangling the golden goose with their greed and lack of accountability.
The troll has a chip on it's shoulder because it lost it's cash investing in FRR . It cannot move on and hates the though that another Georgian oiler can be successful .It does all it can to denigrate the company and investors .More pathetic than sad.
Crude oil price up circa 12% this year so far , Production has increased by around 150 bpd ( or 20 bpd extra) which means that income has increased .Most people are aware of the natural production decline of the wells but that has been negated for the time being. They now know how to achieve successful drills, gaining more knowledge each campaign, In my opinion the momentum is slowly starting to build , so roll on to the next drill. Ignore the floundering share flippers who give their cash to the market.
We always needed to walk before we can run, They wanted to hobnob with the majors instead of proving it up with small companies. There is far too much bureaucracy and intra company rivalry to achieve anything in a given timeframe with these monolithic companies. Think there is very little respect for QED at the mo.