Member Info for steakpie

Ok then , we have an Accountant and a geologist ? 2
And have carried out due diligence and would hope a viability study at first instance !!
THEN Why did we take on another permit and then say we cannot produce it .
Problem l think here is We take too bigger a size boots !!
Money burnt on maybe permits but then they are shelved or sold !
Personally l am done with the reasons why etc , every one gets paid but us and before anyone says it even if Bod loose on share price to purchase they get wages and can keep going etc !!
This has got to become viable to shareholders as history here in my portfolio is a JOKE , in my opinion , get this sorted we cannot keep window shopping till you have money on the purse simple !!
Dyor

So my interpretation of the report is viable but we are too small an operation to produce it ?

In my opinion to cancel presentation , and meet funding c/o while here says it all , still no reason for cancellation !! poor show.
So shocked funding required but even worse we are only valued at .0148 in raise !!!
Dyor

It’s a simple case of take your eye off the ball and it costs millions , our money inc , leases are like companies you have to manage day to day and just think myself Arkoma etc needed day to day managing !
But l am not in the oil business, lesson learnt !
Dyor

EP145 in my mind by what l have been told via RNS is a game changer and that is what changes share prices when results are good !
In my mind it costs us too much to tick over, rather than going into exploration with third party , where has all the money over 5 yrs gone to get us to .0148
Dyor

Net attributed to Mosman between june and December 2019 given that Arkoma production was dire and Stanley up still showed to me the percentage we are attributed on Stanley investment is going to take forever ! That is if production has forward motion and no loss of production ! Some times l think in the small world of junior oil companies calculated risk taken with knowledge is better than just paying wages , we are just too reliant on small percentages , would have felt after 5 yrs we could get a 100 % owner-ship
leases going we are or were exploring !
Dyor
My opinion

Also agree , but very bad manners to not return emails , especially investors even a received notification , no wonder everyone is guessing !
By the way investors expectations are based on production RNS and BOD choosing an investment each of which has either a glowing RNS or otherwise .
Failure in any investments are not the blame of the investor !! And we are entitled to ask questions on them ok .
Dyor
My opinion

You could have wrote post for me !
Your point on investor relations is important and to not reply to emails is just plain wrong which l also have experienced , if you choose not to reply to a communication it would be polite to at least acknowledge it example would be emailing your bank which has your money and getting no reply !
Plain discourteous.
Things change we will see if it’s for the better for us shareholders !
If share holders are disgruntled there is a reason ! They are not paid and lost money big time and the share price is just plain underperforming for a long time now ! Then to top that everyone else gets rewarded cheap shares on our invested funds !
No doubt EP145 will be a success at some time in the future , funds are crucial to its Success theres the question mark for me !!
As l said last night l think negative till proven positive , my past losses are proof for me .
LOL
Dyor

IF , IF promise REALLY !! It’s the AIM no promises !
Dyor

More than likely someone who has waited 5 yrs to see lower price than ever , and BOD saying progress has been made ! Look at the chart ! No bluffing there ! May well be good to buy at 0.1489 but enough placing funding should be coming from production over the last 2yrs after the nightmare before ! My opinion
Dyor

Well when you read the financials of these companies and see how they cover all aspects to protect a situation , you actually wonder why you would part with funds that could be worth zilch tomorrow ! But wages and warrants etc etc get paid prior to this . No wonder nobody will give a funding without your shirt as well, but having to give equity away just prior to transformal good or whatever news is in my mind utter madness .
Hence our position till any news .
Dyor

Thanks waver

Does anyone know what John Young gets paid ?
Just trying to work out something !
And just another point , having John Young as none Executive Director , does this mean he basically can agree any of the proposals of directors ie being the third person ?
Dyor
The Director independent of the Director Subscription, being John Youngs (Non-Executive Director), considers, having consulted with the Company's nominated adviser, that the terms of the Director Subscription are fair and reasonable insofar as the Company's shareholders are concerned.

Been in Valirx for 4 yrs ! Consolidation , placing after placing what a joke Aim is DYOR

Question how to get a share price moving ? Get some interest , but having being on the Aim for too many years it is so obvious to me there are times that all posts are normal then look two or three at once that have just one interest l would imagine in and out ! Strategy has opened the floodgates when news comes up then down l imagine zzz
My opinion
Dyor

Welch was such an exiting prospect and asking about horizontal wells l was lead to feel there was every reason to move to this as the goal would be so high ! On last presentation in London ! the attended one in 2018 !
So that is a no go on cost now , l assume the balance sheet would not stretch to this horizontal drilling , l could have told them then as a lot relies on Stanley , which as Andy says now that no report means no production issues so one thing to look forward to l hope .
I assume they attended conference in Huston as still believe London is always associated to placing sin my mind !
Look who knows we are still just relying on production and oil stuck at $52 ish maybe we cannot raise the revenue as expected and if this was the case just say but knowing after costs we loose an amount depending where produced this is an important barometer to success of portfolio .
My opinion only DYOR

What has happened six months back all looking rosey !
Just a big setback being followed up with positive comments and until we hear further that is all they are ! As financial reports say no guarantees and dependant on results Actual !!
Dyor

3 shares !! Really

At least you get a reply :((

Pressure on l hope !
Let’s see