RE: Zen +40%1 Apr 2020 13:58
"Forum have been very good a covering their tracks, and for that I have respect, it removes all rumour, gossip and speculation."
You can say that again, very difficult, if not impossible to pin anything down with any certainty.
But as for having no interest in oil and gas Forum Energy Services Ltd (our 23%+ shareholder) does own Saltfleetby Energy Ltd which in turn does own 49% of the Saltfleetby gas field.
But the ownership trail goes cold with Paul Forrest - it shouldn't really, so - is that asset ultimately held on behalf of someone else and is just "parked" with Forum for convenience?
And our two new directors do seem much more interested in African minerals rather than oil and gas - but then again AAOG was born as Namibian Resources plc, so maybe we will revisit the company's roots.
But I guess the most important thing is Forum are putting in cash, so at least it doesn't look like we will go under anytime soon.