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69million shares so market cap is around 200kish.
Never have been in a company that has dangled the carrot for this length of time. And Tommy boy takes over 200k in salary.
No idea of all the other expenses. Expenses Expenses Expenses.
Sit on backside. Do nothing and enjoy fruits.
Smoke a Cigar and pretend to try to create shareholder value. And most importantly waste as much time as possible so cash can depreciate.
Great Job
Hard luck Steve. I holding on.
Whenever i see Tom's presentation he gives me the impression of sitting on his backside, cup of tea and biscuits and enjoying whatever is left coming into the company.
Could be a opportunity for these shrewd investors. Directors also buying shares.
What horrific management. Doing nothing and paying wages, Lots of wages.
Wages / bonus / wages / bonus / wages for sitting on ones backside smoking a cigar and eating caviar.
Looks like bob morton is back with a JV with lend.
Don't know too much but it could be interesting. Just seen that they have funding as well.
Producer to half a billion barrels. Amazing share price for it.
Ceo owns 70% here so once overhang goes there could be interest here.
WILDCAT PETROLEUM - CAT FLAP NEWSLETTER (July - October 2023)
(from the Chairman)
1st Nov 2023
· THE COMPANY IS FULLY BACK ON TRACK.
· AS PREVIOUSLY ANNOUNCED, WILDCAT PLANS TO SIGN A SPECIFIC OIL DEVELOPMENTAL DEAL WITH THE SUDANESE GOVERNMENT, BEFORE THE END OF THE YEAR.
· THIS DEAL SHOULD LEAD DIRECTLY TO WILDCAT BECOMING A PRODUCING/PROFITABLE OIL COMPANY IN 2024.
· FIRST OIL PRODUCTION COULD BE ACHIVED AS EARLY AS THE FIRST QUARTER OF 2024.
· AS A CLEAR SIGNAL OF FAITH THAT THE COMPAY IS BACK ON TRACK THE CHAIRMAN PURCHASED 26.3 MILLION SHARES IN THE COMPANY.
HIGHLIGHTS (July-Oct 2023)
FUNDRAISE
· The Company raised £450,000 (gross) under difficult market conditions.
· Funds raised are sufficient to see the Company through the next 12 months(+), as well as covering the cost of signing the oil developmental deal.
· The placing was heavily oversubscribed (large demand) and investors had to be scaled back.
BAMBOO OILFIELD.
· One of the major producing oil field in Sudan.
· Contains 506 MILLION BARRELS (STOIIP).
· The field is to be renamed the WILDCAT FIELD.
· Earmarked by Sudanese Ministry of Energy & Oil for development by Wildcat.
OFFICE
· Temporary Representative office has been opened in the South Sudanese capital, Juba.
· Provides alternative access to the Bamboo oil field through South Sudan.
AUDITED YEAR END ACCOUNTS (JULY 1 2022 TO JUNE 30 2023)
These were announced to the Market on 25/10/23 (prior to the 31/10/23 deadline) - and can be found on our website www.wildcatpetroleum.co.uk
AGM
We will announce our AGM plans in the next 2 weeks - date and location to be confirmed.
Mandhir Singh, Chairman
Wildcat Petroleum plc
1 Nov 2023
Printed at 0.20p. That is the sell.
30%. 70% held by one shareholder.
Once overhang has cleared it could get interesting.
NT at 0.15p.
Decent buy at these levels.
It is.
OBC and ARB jumping as with Blu.
Interestingly only 1million left at 0.15p.
Are these guys still going here? Bitcoin smashing past $34k
Needs volume. Clearly many not convinced.
Management need to change before they burn through the rest.
A few available now at 0.63p. Needs volume and interest to break through 0.70p.
At 0.55p.
Market Makers clearly trying to push this up . Target 0.8-0.9p
At 0.50p