Option to include LTH would be respectful! John knows our commitment . Would have been nice to discuss this at presentation as it’s the only opportunity to discuss this with them ! Warrants for everyone EXEPT US Dyor
Ok then let’s do what we have done umpteen time before , let’s see what happens in the next 4 weeks ! Let BOD put a time scale to this as then we are informed of the ongoing situation ! Personally don’t think there will be much change ! DYOR
All investors , invested here had to go on the RNSs and they were all good and no indication of issues , so no reason to avoid the train here , expectations is not a warning , l myself followed BOD s excitement on current trading and Stanley / Welch Etc so hence why l am still here and will be till investment is forthcoming ! DYOR
I unfortunately don’t believe in hope as had so many false dawns ! One point that is important to BoD is when an investor puts funds into an investment the only funds they receive are in price rises from the point of entry , from last year the decline in share price from a point any point is disproportionate to the production increases !! Now my point is funding has eroded this by making the market aware that funding will dilute on every issue . So there is no investor interest in this for the coming future unless for once Bod come up with the news that will move this and make it investable !! I like many have losses gallop here and trapped in this till We get the Transformal news mention many times . Do the right thing and reward shareholders not funding companies , never been offered warrants for nothing as a shareholder so what is the difference as we loan you money for a hopeful return . Dyor
2nd share on Aim in two weeks raising funds at bucket prices and dropping price by bucket percentage this is just a joke , how you are expected to invest more is more unbelievable ! People need to understand risk of investing following companies continually diluting to stay in business but still taking high wages ! Wish l earned half of what they take for the number of days associated with the business invested in . DYOR Would rather put 14k in ft company thanks in my opinion
Who says moaners are the punters fishing on the bottom ! Have respect for LTH with morels ! Shame they don’t actually say what they think ! Loosing investment is no laughing matter , unless you are a total kxxx Dyor
That’s what l went to presentation for and l mentioned l was going ! technically l don’t see the outcome of what was put forward and if there is something else we should be informed good or bad surely Dyor
Will happen sometime zzz Ona spike ! Graph is the barometer we need Transformal news ! Zzz Patience needed zzz Show me a change in the next quarter and l will run down the road naked with Mosman is great on my bits ! Dyor
That’s why you don’t go to them handing them a plate of what you want ! Issue is here is if we are accelerating growth , how and what is being done to reassure market and investors , all we last week was very sketchy and did not answer any of the questions l have , and l have a lot of questions on follow through day to day production which is the only way this is going to be accelerated ! Unless there is a JV but that is a guess and no info on that . Dyor
Bit l was looking for from April18th 2018 RNS welch16 Feb 2020 20:59
Moyes report which would assist bank loan ! Again why not commenced if so do positive last presentation in 2018. All the work to fine resource DYOR
John W Barr, Chairman, said: "Welch meets the stated strategy of delivering operating cash flow and having development upside.
"We are pleased to achieve this milestone of Proved Reserves that underpins our view that Welch was a sound acquisition, at the right time, and where we have added value in less than 12 months. Importantly, the Proved Reserves identified at Welch should provide a basis for being able to obtain bank debt to assist in funding further production growth. Looking forward at Welch, we continue to evaluate horizontal wells with the objective of having a development plan to put before the Board later in 2018.
Looking back l could never understand where the investment in GEM came from ? Oil explorer going into Diamonds ! Well as l thought at the time that is a first , then what happens ! Again chasing our funds from invested funds that if put into production would be better return . Dyor