Member Info for steve58

Hopefully confidence is slowly returning.

Looking forward to seeing .7p in due course.

Still on website with new some new projects although a few old ones have disappeared.

I hope so.

Still peeved about Ruvuma being sold for a pittance but hanging on hoping for better times ahead.

Either the board have resigned or they have found the petty cash tin.
But seriously good to see some movement in the right direction.

Maybe but we do have an asset that is worth many times what we have agreed to sell it for.

So we are borrowing money against future receivables. We are paying for production income by end of year which we won't get a penny.

The word incompetence springs to mind.
There are a few more but are unprintable.
Still no sign of closure on the deal.

Only three months until longstop.
If not completed it then reverts back to us.
Share price then relates and they do a share raise to finance it.

Anything possible here.

AD plant expansion a complete waste of time due to plunging renewable energy prices.

I think you are correct.

Three investments and three complete failures.
The board should be ashamed of themselves.
They took the easy way out.

Seems post was taken down.

Someone doesn't like the hard facts and the truth.

That's being kind to them.

We all thought nr was no good at the job.

He lost money for us but made us millions on horse Hill and helium one. I suppose he should have credit for Ruvuma.

This lot have not had a clue as to what they are supposed to be doing. Making profits for shareholders.

Seems they are only in it for themselves and various hangers on.

They have spent the millions on due diligence of deals that have never happened and now they have given our Ruvuma asset away for a pittance even though we have spent $20 million dollars on it. The fact it is going into production in seven months has been completely ignored by the board who have audacity to talk it down as a costly failure when it will be a multi billion gas producing asset.

Listening to the budget seems we are in the wrong energy sector. CO2 capture is the future.

Another change of strategy maybe.

Me as well.

Should have retired by now.
If that one dyas deal would have gone ahead instead of the AD plant fiasco and the Ruvuma sale.

I need about 12p to get my money back with a bit of profit.

Good to see the sp rising albeit from a really low price.

Seems they may have some very large contracts in the pipeline.

Maybe our board were to hasty liquidating the company.

There are some very big shareholders out there that cannot be very happy with the boards performance.

Same feeling here.

Just watched it out of interest.

Took his time about AD plant investments.

Seems we haven't got a pot to **** ** until the Ruvuma divestment cash comes in.

The earlier post was certainly correct.

Millions squandered and almost nothing to show for it.

They should be ashamed calling themselves company directors.

Not a good read bit hood to see someone disclosing the truth for all to see.

As if shareholders don't already know this.

It's the directors that are completely ignoring this fact.

The amount of work that comes out of the boardroom.
You would think they have.
The main work they seem to do is just repost Aex Rns’s and change a few choice words before releasing it as an rns.

Why not just tell us to look at the Aex Rns’s releases.
Would save a few quid.

Imo we have been fleeced.

The board have their hands tied as they decided to go ahead with the awful deal.

So we could get at least $8 million by the end of this year.

May even be a couple of million for a dividend.

Just forgot the fees have to be paid as well as Tanzanian cgt.

I agree utterly clueless in all departments.

The Aminex rns this morning just about sums up how clueless they have been.

AD plants may be better for the planet, however, income and profits for shareholders should come first.

Will be interesting to see if the company has anything to say about this mornings Aminex rns.

Seems that the Ruvuma partners have pulled a fast one on us.
Gas production income this year and we are still paying costs until the deal is finalised.
Seems we could have kept it if we had been told this in the first place.
I think their legal team should look into this as it just looks as if we have been had something rotten.

They cannot do that.
They should reinstate them for you.

A tidy package of worthless options.
Of you don't do anything you can't expect to be paid.