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Hey crush
Are you the Paul fella from the Nov meeting ? I Like the post masters ref!
If you are indeed Paul, what was the market cap on EOG when you left. Are you or have you going to get your shares in certificated form and lastly - I am a knew ish investor in EOG which seems very under valued to me although I haven’t always invested in the most successful companies! Anyhow, WH has been the CEO for less than a year, how long would you think is acceptable to judge whether he should be classed as a failure and cast aside for someone else to takeover and in the interest of new shareholders? EOG May/may not be at the cusp of something big and do you see 0 chance of success at Wressle, Ireland or EA and what are your thoughts on why the recent top up to 6% of EOG by a previous colleague
So couple of things
Hi Gerry
So if someone has the shares in a nominee account, say with HL then there is no technicality to it is there, you can’t use them to call an EGM. Rules are rules. If Paul ( I think that’s his name and also the guy that tried to ruin the Nov presentation in my opinion ) wants to try again then for a small dealing charge he can sell the shares and buy them back in certificated form. It really is as simple as that. And so can anyone else bye the way. Not sure if is all shareholders that are annoyed and bought at 3p before serenity drill that are wound up but as a 1p buyer of shares they are very good value. And on the options, they have got the right to buy shares in the future at 1.07. Today in Jan 2024 anyone can buy shares at a price lower than 1.07.
KCRC
Thanks for reply - so previous directors with loads of shares that were pushed out now annoyed and are pushing for a takeover. WH only been in the hot chair less than a year. It seems like over past couple of weeks we’re are being spammed by the HEYCO warriors fan club… If the 2 previous directors want back on the board can anyone enlighten as to what they have achieved over past 10 years. I’m sure loads of success and no directorships of wound down companies….dear me.
Another view point is that shareholders buying in now on a ten million cap or whatever it is are getting a lot for their investment. Perhaps on the cusp of a huge farm out. By the end of this week Wressle back in the groove plus potential of new wells around Wressle. Clearly heyco are happy enough with the bod to give operatorship to EOG for cloughton. WH seems very competent and does a lot of media. A small pot of money in the kitty. Also, with regards to the farm in if serenity they now do not pay tax of the profits so not a complete waste of time. Going large negative towards the BOD perhaps will make investors feel better but I guess will not do a lot other than leave a gaping hole for big investors to come and steel the above for a song!
hi vernetles
lots of updates and pictures coming through on x re progress. although seemingly quite a wait to get to this stage. in your experience is there a chance any other work could have been carried out before they started work on the pump ? for me as long as the pump is ok they won’t add another well into ashover and get on with *****tone drills, ta