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AJW, they just need to think about the wording of the RNS’s…. Instead of the well is expected to reach TD in August…As soon as the well reaches TD we will notify the market. It’s about managing expectations.
AJW, once again this may be contentious but I don’t really care!
You question everyone who denounces the board as being bashers of the company and supporting the concert party… I doubt I’m the only one, but your posts have gone from being technically constructive to a desperate one sided support with zero subjectivity. One would even be led to believe you have a connection with the board or I hate to say it but a paid promoter!!
I have a moderate holding here, but I can name three posters with approximately 20 million shares between them. I’m sure they are not happy with the board’s performance, as I’m not, can you please reply to the questions below.
1) Are you happy with the communication of the board?
2) Are you happy with Haywoods performance?
3) Are you happy with Haywoods remuneration?
4) should the present drill fail, would you agree that Haywood should step down?
Thank you.
Totally agree with what you’re saying AJW….But at the moment this board is treating it like a lifestyle company with poor returns for its holders.
Of course we don’t want the concert party having their way and would obviously be a detriment but Haywood is hanging by a thread and due to complete silence for the last 24 days or so , we are in a red/black situation with the results….
I’ll probably get shot down … but is no one else concerned that from the 4th of this month, the start of the horizontal drill we haven’t had one bullish twitter pic and now it’s obvious that the drill result will be after the vote! I’m a pessimist by nature, just hope I’m wrong!
Haha,
Thank you for adding me into the conspiracy… I’m purely a peruser!
Have enjoyed the knowledgeable technical views over the last few months but the latest nonsense is an unwanted distraction.
Hepseal,
This is the type of post I want AJW to reply to! We can ramp all we want but constructive criticism is just as important and I totally agree with the points raised.
I’m fully invested but the lack of transparency is annoying.
Even AJamesW must be acknowledging that the communication is dire! 11 weeks Monday since the RNS stating that the drilling program will be communicated in coming weeks....... I don’t call a quarter of a year coming weeks.
Will certainly be a few getting spiked Monday, personally can see a few MM games. Initial jump 60/70p and then being dragged down to the 30s, will be a load of stop losses hit. Will gain momentum through the week. Talk of £2 by Monday is nonsense.
Agree Sea7, but it’s about controlling expectations. If the Rns had stated in the coming months, I wouldn’t be raising the issue. Imo, coming weeks is 3/4 max, so mid Feb. This will need momentum to clear the overhang and silence won’t do that! As I stated, I think there is an underlying reason why this is being held.
The quote below from January 11th. As we are now in March, this is months not weeks... The communication is very poor and not sure why but there is a reason!
Also, Block's Drilling and G&G departments are finalising preparations for the 2021 drilling and workover programme, details of which will be communicated to shareholders in the coming weeks.