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Well at least they are not going bust! It all comes down to the JV, get a half reasonable one and we will be on our way. This mob really are something though, they new everybody was hanging on this RNS so why not have it lined up for the normal 0700 RNS release. But no it comes out literally seconds before the market opened.
Yes I do fully understand how they report sells and buys but I don’t think I have every seen such a big difference between the two. 5m sells v 17m buys. There are going to be some big numbers reported after hours I suspect.
Sprout some people will be leaving in case the results from the frac are not what we want. Its quite normal, they will have made some money with the recent rise and will be now de-risking. I wish I had done the same with all the PANR drills in the last couple of years as would have ton more shares than I do now! Anyhow with my luck if I did it now we would probably hit something huge that's worth a fortune and I would miss out!
Because Skippy it has no effect on their current operations at all. PS that picture looks like the headmaster and school were being pushed to do something they were not interested in. Hardly a happy bunch were they!!
Absolutely Bladderman, but this has come about mainly by appalling comms from the company. We all assumed that with a new CEO, that with only a modicum of effort he could improve comms and show the investment community that a new professional CEO is at helm and that the company would now be run a in a professional way. We were wrong and therefore the investment community is still extremely reluctant to engage with the company. Hence all the money issues. Just look at the companies web site, a fifteen year old could make a better effort that that.
Not sure why you would be engaged with the community at this stage, let alone giving away money share holders have invested. Once you have a discovery then get involved with the community to get them onside. If they have found nothing then you have just wasted shareholders money.
Tuckman with the way this company has been run for the past year it's absolutely understandable why people are whinging and whining. This company is not in exploration mode where we all understand it's in the lap of the gods and the SP can fluctuate wildly on what is found or not. This company is in production and was above 16p this time last year. Since then the company has been all but run into then ground and with almost zero response from the CEO. Even when badly written RNS have caused mayhem, nothing absolutely nothing from the company. I don't when you bought in and if you have an average of below 3p then good for you, but for many this has a very long way to go before they even get their money back let alone make a profit.
The time to start worrying is when the twitter posts show a clip of people swimming in a lake surrounded by bubbles. That one kept us going for a couple of days before they announced they were packing up and coming home having not found anything much.
Most annoying this drop in the SP which could mostly have been avoided if the CEO had bothered to put out a plan for the GGS. Did not have to have specific dates, months would have done. Then a simple explanation of what to expect with bringing the whole thing on line. Not a difficult task to do and any half competent CEO/clerk/driver could have put it together whilst waiting for supper to be cooked. Would have left us all informed, stopped speculation and not given the trolls further ammunition.
For Kathy to be saying he will communicate when he has something to say just shows how stupid the company thinks its investors are. There is so much he could say and that's beyond a simple hello I am your new CEO.
I admire you all for your bravery and hope unlike HE1 last effort, that at least they tell you the truth. I lost complete faith in the company after their lies and inuendoes last time out. I hope for all your sakes this CEO finds helium for you. Good luck!
Only problem Easy is we don’t actually know if it’s performing well. They have had several opportunities recently to give us good news and help get the SP up but they don’t seem to be bothered at all. They clearly don’t give a sh..t about their investors, they don’t even make a slight effort.
Cannot understand why you would leave Aug production figures until the very last moment unless they are not very good. Honestly this company is so badly run and thought a new CEO would improve matters, if anything he is worse. Hiding away from your investors and not even putting out an interview to introduce yourself to the market is just so bloody unprofessional.