Member Info for Ssccss

He is the one in charge atm Zag. He can do what he wants.

Yes because he is holding up the deal because he wants his money imo.

The transaction announced in July 2024 with Globalvision has yet to be completed due to a number of issues arising in Texas. The issues range from lease ownership challenges, unpaid historic royalty payments and local creditor claims. These are potentially significant but also resolvable claims.

Additionally, the leases assigned under the Globalvision agreement are secured by historic corporate loans provided to the Pennpetro group and these secured debts will require renegotiation in order for any transaction to proceed further. Discussions to remedy this position are taking place.

Zag, didn't they RNS that it hadn't been completed?

Tiger, if there is as a JV, it would have been RNS'd. Why would ppp keep us in the dark about good news????

Please don't clog up the board with bickering. It's going to make it hard for people to actually read anything useful.

*us

Rob, your perspective is really quite childish. Sounds to me like your ego is slightly dented. Please try employing some logic rather than emotional reaction. This is important to all of usm

Important thing is to consider the situation carefully and then vote. Not voting could be disastrous.

I'm not sure there is any need to be on the TG group unless planning to help practically. Let's not argue. Hopefully, something will come of the letter. We all await the outcome and next steps.

I don't think any of us could have foreseen this.

Thank you for putting that together. Glad someone is trying to do something.

How depressing NU.

I really hope people vote and think clearly about it. Unfortunately, I think some people will just automatically vote yes or not vote at all. The whole situation is disgusting. I really think it's time ppp were investigated.

Surely he cannot get away with it? They should all be struck off.

I would feel happier if it was 75% but fingers crossed.

So to be able to issue the new shares they only need 50% of the vote?

Do you think they can get away with selling assets etc and not RNSing it because we are currently suspended?

So it's a general meeting and the "AGM" references in the voting documentation are incorrect?

Timbo, do you know that for certain. Adjourned usually means something has started but is concluded until another time.