RE: Zaranou28 Jun 2020 18:42
I like VM, I like the BOD, but imo in their hearts they also know everything, everyone has a shelf life
VM endlessly upbeat words but words won't keep paying the 350K or whatever hes on a year.
We're running out of 'manyanas' (spelt?!). My real fear is that if it does't rerate this time, we'll simply burn the 4.75M in a hail of drilling in Chad and everywhere and someone will grab us for absolute peanuts when we're out of cash. PIs obliterated through dilution. I'm afraid Munchbox nailed that down correctly albeit bluntly. We have to score this time while we're well cashed, its a cruel and brutal world, but vulchers will wait happily watching cash burn but still study every RNS, Ready to scoop up at discounted placing time, which next time could be what, 4p? Lets hope none of that happens. GL