Member Info for Ssccss

We still don't know who RMD are? It's all fabricated imo to trick us into voting yes. Sorry. That's they way it seems to me.

Forget the dilution for a minute hepran. This is about the fact it's Ukraine. They can't honestly think that's not extremely high risk and add to that the fact it's exploratory. It's not a real deal to me. It's a smoke screen jus lt to allow him to get his shares, get control and get rid of existing shareholders because they making his life difficult. It's Ukraine!!!! Please tell me how that is a viable investment right now. Russia is targeting energy grid and infrastructure. Russia doesn't like outside investment in energy. It's a very useless deal imo.

I would be much happier if it wasn't in Ukraine. That to be just makes it appear like smoke and mirrors.

Baring in mind we will all be very heavily diluted...

So what are you happy about? What do you think the sp will be?

It's not hepran. Yes it means ppp will come back and we can get out. Not sure at what sp. But can't you see what he's done. They are all so corrupt. Disgusting.

Plus it's exploratory... High risk so basically he's just gone for a deal no one else wants so that he can dilute existing shareholders and get his own shares.

It's a way back but it's Ukraine... Don't think that conflict is going anywhere soon. Plus existing shareholders will be diluted to a minority position so no rights anymore. So basically it's just another clever way for SL and his mates to do what they want with ppp. I mean Ukraine... Come one.

Who were you referring to ASI?

"The recent RNSs and shareholder communications do not show the procedural or regulatory hallmarks of a bona fide RTO; the RTO narrative appears to be driven by a few noisy contributors who are now conspicuous by their absence rather than by verifiable corporate action. "

Zag, if theres an rto, I'm sure SL and RM will do well out of it.

I agree Gordon. I can't see it happening unless majority of shareholders are on board and spring into action.

I agree Sajad but I want to hear from Roland.

Pot/kettle NU. Blimey your level of self awareness is non existent.

That last section makes me think if we vote yes to resolution 8 then they will have to go ahead for all their proposed actions. Again, they are not being transparent or clear.

The Directors invite shareholders to review this report and provide feedback or approval

on the proposed actions as appropriate. The Board remains committed to transparency,

prudent financial management, and the ongoing growth of Pennpetro Energy PLC.

It's vague delta, we need more clarity.

-5. Proposed Actions

The Board proposes the following steps to address the current financial position and to

safeguard shareholder value:

1. Capital Management: review of share capital structure, potential capital raising, or buy-

back program

2. Operational Efficiency: cost optimization, rationalization of assets, improved project

management

3. Strategic Review: evaluation of portfolio, divestment of non-core assets, acquisition

opportunities

4. Financial Controls: strengthened budget oversight, improved working capital

management

The Directors believe these measures will stabilize the Company’s financial position and

support long-term value creation for shareholders.

ASI, I think you are right, we need clarity from the company on resolution 8. If they want people to vote yes, they really should have no problem providing it.

Maybe but it's only 7 days shorter I think

Looks like they can't do anything major without shareholder approval from my research. Does anyone know anything different?

I'm not sure if it would cover the 50% to nobel yet.