Member Info for TrickyEFC

Grand

Just wish I had not put a few grab into ppp.

Would of felt much calmer with it here.

Tom Evans , CEO has resigned with immediate effect. The position of CEO will be taken over by Stephen Lunn , the Company Chairman until a replacement is announced.

How was he not sacked ffsm allowed to resign

Resigned due to other business commitments.

Should this of read is getting out of dodge before the walls come tumbling down.

DL is a cu NT with previous.

London, 1 November 2024 - Pennpetro Energy PLC (LSE: PPP) advises that Mr Stephen Lunn has taken on the role of Chairman of the board of Directors with immediate effect. Mr Lenigas has resigned as a director of Pennpetro with immediate effect due to his other business commitments.

Tom Evans, Pennpetro's CEO says; "I welcome Stephen to his new position as Chairman. His previous experience and knowledge of the company, more fully outlined in our RNS of 25th September 2024, means he is certainly hitting the ground running in helping us achieve the companies near and long term targets.

I would like to thank David for his guidance and drive of Pennpetro in the time we have worked together. We wish him well in his future business endeavours."

Executed.

Something needs to executed for sure.

This seems like the biggest con I've seen.

Looks like could knock Worthington off top spot

Recal

London, 1 August, 2024 - Pennpetro Energy PLC (LSE: PPP), is pleased to advise that it has executed the Sale and Purchase Agreement ("SPA"), with Globalvision International U. LDA ("Globalvision") yesterday for the sale of Pennpetro's subsidiary in Texas, Nobel Petroleum USA Inc ("Nobel") and for the establishment of the 50/50 gas and lithium Joint Venture with Pennpetro's Nobel Petroleum LLC

This £120,000 placing (gross) is in addition to the £360,000 (gross) recently raised (as announced on 1 August 2024) and the £300,000 (gross) (as announced on the 16 August 2024) and will be used towards general working capital purposes as the Company moves to finalise its 31 March 2024 year-end accounts.

Tom Evans, Pennpetro's CEO, comments, "This placing has been completed out of our existing available headroom of 9.059 million shares. I feel the Company is now making solid headway with getting our accounts up to date and look forward to the lifting of the suspension in our shares shortly, once the auditors finalise their review."

How the fook 3 months into a suspension did they get someone to pay 12p.

Was the RNs before this one.

Tom the cu NT has been chopped.

Just hope Mr lunn ain't the fall guy being 74 and prob not looking for anymore jobs after this one.

As for any poster who posted about telegram and tom being on there pure fooking cringe

Yeah we not in the dark. Ya know sometimes the light at the end of the tunnel is a 🚂.

🥺

Fooking makes a 9 pound note look straight.

6 months of lies with two money raises on the way.

What next the 12p raise is a lie too.

Am I missing something or is this just a blatant 6 months old lie?

August last year.

Pennpetro announced on the 17 July 2024, that both parties were aiming to complete the transaction by month end. This was achieved yesterday evening with the signing of the SPA by both parties and with the SPA dated 31-07-2024 and being signed after UK business hours.

Today

The transaction announced in July 2024 with Globalvision has yet to be completed due to a number of issues arising in Texas. The issues range from lease ownership challenges, unpaid historic royalty payments and local creditor claims. These are potentially significant but also resolvable claims.

Anyone else getting the picture that the serious money is munching up the small sellers

19-Dec-24 16:01:51 0.217 5,000,000 Unknown* 10.85k

Zag it was just they said months ago was going to be news within weeks.

London South East

Look ahead to 2025; GreenRoc Strategic Minerals. Watch the interview here.

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PPP Live PriceLast checked at

09:31:05

This share is currently suspended. It was suspended at a price of 9.55

Share Price Information for Pennpetro Energy (PPP)

London Stock Exchange

Share Price:

9.55

Bid:

0.00

Ask:

0.00

Change:

0.00 (0.00%)

Spread: 0.00 (0.00%)Open: 0.00High: 0.00Low: 0.00Prev. Close: 9.55

Year End Accounts Update

28 Oct 2024 12:18

RNS Number : 8985J

Pennpetro Energy PLC

28 October 2024

Pennpetro Energy PLC

("Pennpetro" or the "Company")

Pennpetro Year End Accounts Update

London, 28 October 2024 - Pennpetro Energy PLC (LSE: PPP) advises that it has now recovered the key missing accounting information required to complete the Company's accounts for the Full Year ending 31 March 2024.

Tom Evans. Pennpetro's CEO says; "Frustratingly, the sudden death of Mr Anton Tarkanyi earlier this year really did put undue delays on Pennpetro getting its year end accounts completed and audited in time to avoid the suspension of trading of its shares on the LSE. Mr Tarkanyi was the financial controller for the PPP Group and his sudden passing blocked all access to our UK banking statements. With the extraordinary efforts of Mr Stephen Lunn, our new director, we have now today received the missing bank statements primarily needed to complete our accounts for the 2023/24 year end. The Company are now working closely with our accounts team and our auditors to have the PPP accounts completed and published as soon as possible. The entire board are mindful of the growing frustration of our shareholders on this matter, but I'm pleased to say that we can now see a definitive path forward to getting back on track to having our shares trading again. I can't put an exact time on when we expect the audit to be completed and the accounts to be published, but I can say we are all working hard on getting it sorted as soon as we can now that we are armed with all the information we need."

"With respect to an update on Texan oil operations, a separate news release on this specific topic will be made when the rig arrives on site. Our partners there have been going through the arduous process of changing operatorships with the Texas authorities and changing banking mechanisms, but we are hopeful to see them on the ground within weeks."

8 weeks still counting.

Does Tom not know about months.

They come after about 4 weeks.🫣

"With respect to an update on Texan oil operations, a separate news release on this specific topic will be made when the rig arrives on site. Our partners there have been going through the arduous process of changing operatorships with the Texas authorities and changing banking mechanisms, but we are hopeful to see them on the ground within weeks."

Matt good memory.

Ya deffo on the right path

Recal

An event that is spinning or has already spun out of control with disatrous results

They may have painted a good picture months back but the vibes they giving off ain't good vibrations.

Several grand that I would of liked to invest in GPL could be down the swanny.

Could be, game is still in play.