Theseus Ltd and the rest5 May 2022 11:29
First post for ages and i have sold half of my holding at a loss , Worst mistake ever buying into this company after listening to the Hype on here.
I watched the interview yesterday and i have to say , The CEO PG seemed peed off with the lack of interest from the Irish Government and he has every right to be since he stands to have the biggest gain to make with holding a 50% stake in Theseus Ltd and who knows who owns the other half and that's money that shareholders wont see
Regards assets, People in here were saying that PRD have 3 assets, Trinidad , Ireland and Morocco, Well it looks like the only asset now is Morocco.
Its well over 6 months Since we were told that the company were looking for a joint venture and that companies would be knocking the door down , Well i don't see anyone joining up to fund Morocco.
I joined a well known share website, If you have not read more skeletons than a grave yard , I suggest you have a read, It was shocking and if i had known, I would have steered clear since it doesn't look good on the CEO and the people he knows
Looking at timelines , It looks like the CEO has history of delays and not telling shareholders the truth, I point to the EOR Project, So don't expect updates on delays
The way things are going , I will be selling the rest of my shares at a loss because this is just all hype and hope and it looks like people in this chat are waking up to this fact and selling out.
MEM was one of the biggest rampers in the group and he his selling along with other long term holders , So if they are getting scared into selling , The future must be looking bleak.
Regards Placing, How many placings has the company had over the last 12 months and how has that diluted the shareholders and what happened regarding joining Aim?
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