We would love to hear your thoughts about our site and services, please take our survey here.
In the meantime this lot are still taking their fat wage packets, time for a wage freeze methinks
Special Business
Resolution 10 Company’s Authority to Make On Market Purchases
This resolution seeks shareholder approval for authority, for the Company to make on market purchases of its own ordinary shares as permitted by the Companies Act 2006 (the “Act”) and is proposed as a special resolution. If it passes, the resolution gives authority for the Company to purchase up to a maximum nominal amount of £656,354, representing approximately 10 per cent. of the Company’s issued ordinary share capital (excluding treasury shares) as at 11 May 2023. The authority specifies the minimum and maximum prices that may be paid for any ordinary shares and shall expire (unless previously renewed, varied or revoked by the Company in a general meeting) at the conclusion of the Company’s next Annual General Meeting from the date of the authority.
Any shares purchased in the market under this authority may be either cancelled or held as treasury shares, which may then be cancelled, sold for cash or used to satisfy obligations under its employee share scheme. No dividends are paid on shares while they are in treasury and no voting rights attach to treasury shares.
BOIL up 25% today so its looking like news is coming
Yep agree and a lot of the shares are in sticky hands. Sarawaka will blow this share out of the water
Yes Block SK334 is a monster - potential is astronomic, and that is only the start!
Nicely balanced post Ginger. Having been in this share for some time my only issue is their excessive salaries. When you look at the share price performance it does not equate to what they are paying themselves, throw in the decline in production and it looks like a lifestyle company. We must remember that oil is over $100 a barrel at present as well. Here's hoping they prove me wrong and pull off an incredible deal in the very near future
The excessive large salaries the BoD have awarded themselves they need to demonstrate that they are worth it. The oil price going through the roof and the share price is nearing all time lows. Simply not good enough Brian!!!
If you look at its revenue against market cap its crazy cheap :-)
Looks like its the 21st December
hxxps://twitter.com/OilGasTracker/status/1470301884414103555?s=20
Just when you thought it can't get any worse, it does
Cant imagine the Tune group is too impressed with the share price performance/management, not forgetting the CEO has his own money invested here as well. He'd probably the one selling now :-(
Lets hope they get an offer than can't refuse for their Tunisian asset's, really poor show, complete apathy to the investors
The project economics are off the chart, payback period is just 1.6 years - no problem getting finance
ARS train leaving get on board choo choo!
Anyone got a Defib?
Copper now at 4.65 - this changes this fundamentally changes the project economics some sort of takeover must be on one of the majors radar
Copper flying, if they can't make this work now when are they?
Wow look at the price of copper now!!! Just going up an dup
NT to trade, something is going on
The investor presentation is on the 11th March tomorrow (Thursday) @06.00 PM