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Magnum, yes it was mentioned right at the start, she mentioned EGA and said something about their decarbonisation strategy not being ready as to the reason why nothing was forthcoming.....you'll have to listen to it yourself, I kind of tuned out a bit......with regards to 'crossing the line' on any of the projects she thinks Northern Zone is 'the closest' in terms of providing 'shareholder value'.........in the meantime we run on fumes until the next raise?.......other funding options were mentioned but again, to my ears it was just waffle, I suppose I'm jaded after such a long time of hearing the same s**t.
Just listened to it against my better judgement (20 minutes of my life I'll not be getting back), amidst all the usual BS she explains that the directors haven't bought any shares recently because they want to do so via a share purchase plan and they haven't found one of those yet that isn't too expensive and cumbersome to administer......oh right, I see.
She wants to listen to shareholder concerns and maximise shareholder value..........oh right, what's changed from the last 5 years all of a sudden now then?.........forgive me if I take that with a pinch of salt.
Got a top up on the bell at 4.5p, happy with that.
Our CEO should be able to put forward a fairly persuasive case as to why institutional funds should consider investing in BRES at the conference next month I would have thought?
This should dispel any beliefs that the tranches need to be matched as and when made.........well on the way to completing the milestones as required for disbursement of the third DFC tranche!
Computer - lessons learned, be honest, those that pad out and fluff out get caught out (let's hope he stands by those words) - 12:10 to 12:35 - https://www.youtube.com/watch?v=ytMrYVX46SU
Soon be time for another top up at this rate me thinks.
If it were £80,000 I might sit up and take notice......I'm going with more mad than knowledgeable. Naheed getting some stick on twitter, must have rhino skin.
I think she can string it out a bit longer Richard98, I'm sure we'll see another 'pleased to announce' RNS with a billion or so extra shares in the 0.02 ballpark.
Meet our esteemed panellist, Naheed Memon CEO at @OraclePowerPlc for the upcoming webinar "Navigating the Path towards a Green Hydrogen Economy". She brings over 30 years of expertise in the public & private sectors in 🇵🇰 & 🇬🇧 -
https://twitter.com/renewables1st/status/1749054250070491198
Apologies if this is old news to anyone - https://finance.yahoo.com/news/blencowe-resources-limited-announces-participation-123000210.html?fr=sycsrp_catchall
I wholeheartedly agree LW, AG1989 talking about averaging down after the next placing, IMO that's pointless, Naheed has shown herself to be totally inept (and without conscience) there's absolutely no point investing anything else here whilst she's at the helm IMO.
LW, I'm hoping that given his background in accountancy, our CEO here will have a better handle on the finances than the chocolate teapot of a CEO over at ORCP, surely can't be any worse?
MR said in the Proactive interview on 17th November that the milestone for the next DFC payment was about to be hit 'right now'.
The State Grid meeting photos on twitter from 12th Jan, in the 2nd photo the guy in the dark suit is looking over at Naheed while she's looking at the camera - what's he thinking?......in my mind WTF. That's how I'm starting to see things now!
I have to say that this one has brought out the worst in me in terms of animosity, my own fault for investing a little too much in it I guess (and feeling screwed over). Someone on twitter said something about brutal comments being made on LSE towards Naheed.....arguably some comments have been brutal but at the end of the day they're only words, losing money is brutal as well.
Magnum, I've no idea what she could do, she seems to have left it too late to do anything? - bled the company dry for years. Could it be that the sheikh steps in and buys it out lock, stock and barrel?.....
Apologies, was being sarcastic.
Great RNS.