Member Info for Ssccss

To be honest, Roland was never interested in cambay anyway apart from as a way to find CCS.

It's possible Gordon, but way more likely that Selan have just dragged their heels to get cambay cheap. We need to know what they are paying for the first half.

Staggered.... And depended on GOI approval. There are basically no guarantees at all. Roland has let us all down after touting a potenitla full field development of cambay. Absolutely noone trusts him. His word is worth nothing. Personally, I would much rather the money is returned to shareholders and the company is wound up. The gravy train has gone on too long.

Wolfman, does Roland have to keep shareholders happy? I'm sure he would much rather use the money on his salary and CCS. There is no guarantee how much he will pay out. Also there is no guarantee of when that money would appear... It's stagge

Totally agree sausage, so why would the larger investors be happy with that?

Sausage, the shareholder base is so fragmented, it is difficult to see how we can have any meaningful impact.

Hugop, at this stage, the the install time for the sucker pump is neither here nor there imo.

I totally recommend the filter, never used it before as like to keep an open mind. Always good to see a range of opinions. However, on ppp it just really filters out the noise and makes following the conversation easier.

Feels like watching a car crash in slow motion. They haven't managed to convince anyone about CCS in years... How can they so doggedly pursue it without a decent business case. They need to find a partner for CCS in UK ASAP or it's going to be finished. The CCS in India concept is just pie in the sky thinking. No one will take that seriously at all.

I wonder when we will hear next steps on the deal? Would like to know what portion will be returned to shareholders and when.

Zag, I appreciate your reticience but all all the information supplied by the TG group and Delta etc, how much has been proven to be accurate versus inaccurate?? You can't discount that some posters have more insight than others.

Yes that is what needs to be clarified. What does resolution 8 entail exactly. If it's the case that voting yes to resolution 8 will give the 50% of nobel US to SL, then I will certainly be voting no.

Delta, to be honest, the accounts are in such a mess and the auditors haven't signed them off, so how would an rto be approved on main market? Aside from the £30m. Plus you would think it would take a fair length of time. AIM seems much more realistic as it will be quicker and SL need this to relist to get his share of nobel US and his inherited shares. So I think the rto has to happen... It works perfectly for SL. It's probably his best option for getting what he wants. Not so much for existing shareholders.

Zag, if rto goes ahead, they can't come out of suspension until it's all done and dusted...so I don't think it's going to be anytime soon.

OK Zag, but ppp haven't been forthcoming with information and there is probably a lot of important information you need to make a decision which they will never give you imo. So the only option is to read between the lines. So I wouldn't agree it's fear mongering. It's giving you a worst case scenario based on similar situations and companies.

Thanks Delta. Nothing makes sense here unfortunately.

Maybe it will move to aim?

Delta, I see your point about clearing the 30m. But if the rto is a non starter then SL must know that, so why the performance?

I honestly don't know how you can call it fear mongering. It's the facts of the situation.

We don't even know who RMD are...