Member Info for steakpie

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

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

And bloody quick

Buy this morning totally wrong advice !!!!
Dyor

Had enough thank goodness sold two weeks ago at a loss 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

£8 says it all
Only 1 billion on market
What Next is consolidation ?
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

Yer totally agree so it get my average up so l can retrieve some funds back if you dare !!
Answer why hit LTH new money new placing !
Same old l think
DYOR

We need to do some on performance over 5 yrs
Dyor

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

Exactly the point ! Simple Accountancy don’t spend what you don’t have assets for !
Now we pay through placing dilution !
Great assets are only worth looking at if you have the funds to explore !
Example looking at an Aston Martin when you can only afford £300 a month ! Wake up time
Dyor

Yes correct , but all this costs money and more important time ! So we have GEM and Blackstone both of which have had time spent dealing with recouping funds etc but believe me by the time these are agreed they cost to recoup , we have no idea of the cost of time and fees etc etc .
We had done due diligence on all these assets and this is the black hole of costs that should be l think more on doing what our business was exploring !
My view on recent business ventures above
DYOR

Who and where are the costs for C/J and legal costs against Blackstone !
They are indebted to us $146,000 how and why if we have not got it to lend !
Questions to be answered
DYOR

If we got our finger out ie : why have presentation in 2018 and in 2020 say oops think we found a better option , at the conference attended by many investors who must have been watching and waiting for progress on Welch just thought typical hype to zero ! So many times this has happened either oil crash which was tough actually but that was passed and we survived ! Only to continue finding exiting prospect and then letting them pass !
By the way this was what l was told and was very exited at the prospect !
By the way l have not listed past missed opportunities because l know you all know them .
This new strategy l think favours the BOD with limited risk to there outcome , l personally was with Andy and would raise production to move forward we were an explorer that’s why l think Andy was so exited which if you saw , you would be posting this as l did after the conference in2018 .
We are now safe for market to play ! Sad
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."