Member Info for Spikeyj

good morning dagenham, just keeping an eye to see if the FCA do
manage to bring any prosecutions. (i suspect not, given combination
of FCA’s general incompetence, plus all the years that have elapsed.)

“There. Is no immediate income coming into ADME for any expenses”

this company has high ongoing cashburn, & no cash left.
so what do you imagine will save them from going bust?

… hardly a “perfect” excuse if someone tried to equate the
end of summer with the end of ‘British Summer Time’, lol.

(soz, meant petronor!)

fair dos, that’s good too.

(and just in case you misunderstood, dan, i meant that ADME
*already* has chunky outstanding project debt liability for money
*already* spent on the wells that have now failed, even without taking
into account whatever might be needed for future development.)

in the meantime, panoro shareholders aren’t just going to give ADME free
money to pay ADME BoD those huge monthly amounts for pay and perks.

me, i don’t see why others would
want to give ADME a free ride.

ADME is an investment company, but
it doesn’t have any money to invest.

? but in the meantime, how
is ADME going to pay its bills?

ADME is as near insolvent
as makes no difference, imo.

bunts, you not a star wars fan then?

i sense a disturbance of the Force…
i find morgan stanley’s lack of faith disturbing.

aje well production has failed.

ADME failed to secure any
marginal fields in nigeria.

adme claims to have a stake in barracuda, via KONH
interest in NHNL, ‘tho’ there is ongoing legal dispute.

BUT it seems that the barracuda operator emerald (EERL)
may already have defaulted NHNL’s risk sharing contact in
relation to barracuda anyway. so what does ADME have left?

no production, no cash, & a chunky liability for aje project debt.

no placing possible below the nominal share value of 1p, unless
they force through a capital reorganisation (i.e. consolidation).

nothing left of any value, imv.

frobert (or ginksy) c’mon, what are the positives here?

lol, LSE site says barclays have supposedly
changed their price target from 1500 to 15000.

… possibly a typo …

AZN top science scores again.

https://www.thetimes.co.uk/article/good-morning-vietnam-the-worlds-new-factory-is-emerging-5dhfvmcs2?shareToken=15afdbdb95715ff4ed64d21ca36ca933

added, small.

& some more.

sold a couple.

added.

? maybe splash out on an electric bike? - a couple of friends of mine who
want to remain active but are recovering from heart attacks swear by ‘em.

you’ll get used to him, char’s always a bit like that.

bought a few back