Member Info for Uggy100

I cant translate it !

I meant clueless when it comes to the O&G Space. They're clearly very astute at being paid a lot for failure.

P1D, yes it's a disgrace but they clearly want the saga to continue. I expect the horizontal to be put back to 2025 now.

It would appear they've been doing that for some time now.

JD, I believe the strategy has changed because, quite simply, they are clueless. Victory was certainly not 'a result' as they put it under any metric you care to apply. Yes back in 2019 they went in balls deep on WN with a huge capital raise which has proved to not be enough. OK Rathlin screwed up the drills when the solution was already in plain sight (oil based muds) we are the majority shareholders with Oza (at the time ) on the Board yet we just nodded the drill programme through. A terrible error culminating in the funding crunch we find ourselves in. If a partner can be found to farm in I suspect we will be heavily diluted. No doubt our 2 fools will hail such a solution as a success.

Re CS they clearly stated in October last that an early production permit was incoming...incorrect it would appear.

Throughout their stewardship they have proved to be guilty of poor project management & decision making.

They have a history of airbrushing out their failures with no explanation.

Quite why we have joint CEO's is beyond me as I think neither of them are capable in their roles.

Just how I see it of course.

JD I have to admit I was rather shocked by the size of their victory in the requisition vete which I put down to KS & co being regarded as being untrustworthy. As for the assets & strategy we'll we have several NS licenses which I believe will be quietly dropped over time. Simwell was a joke imo, Parta I don't think will ever be drilled & Daybreak, well the less said the better. I'll give you CS although 1st gas in 2026 will probably be subject to delay. Maybe we can sell our share beforehand as by my estimation we will be running on fumes by then. That leaves WN, a project they regard as being their flagship but show no willingness to progress it. A worry in itself.

Pboo you are so full of crap it's frightening. Why don't you ddtop your insinuations of 20-30 bbopd & admit you haven't got a clue what the flow rate will be.

Neither can I. Its our joint ceo's I have an issue with

You have no concept of what the word honest means you troll.

Somebody not quite as demented as Heid would have left this bb long ago.

Heid, you are so full of carp. Sour grapes ?

Karina it's never had a clue.

Not a bad interview I suppose. Not sure I agree with his explanation of the sp although it is partially true.

Itsawrap I should imagine he means WN but I'm not sure it'll be drilled this year anymore. Too much time has been wasted & far too much money squandered. OK mainly due to Rathlin screwing the drills up.

Even if WN is a success how saleable will the asset be in the current green climate ? Our 2 scumbags have got away with complete & utter value destruction. As Older says typical AIM. They've had their shareholders right over, they should be in court rather than paying themselves a fortune.

Yes it was a good post by JD & it's cleared up one of my reservations about the project so thank-you for that. Does anyone know how long it takes to construct a LNG plant ? I haven't got a clue.

Simon, do I think the sp should be on the floor ? Probably not but we have to accept that there have been some dreadful management decisions over the years. And the 2 fools credibility is in tatters.

Yes the clueless duo have destroyed the company & thus its shareholders but still retain outrageous salaries for a monstrous undèrperformance.

For me SSON just doesn't cut it anymore. I sold my holding last September which I have held since inception but have become increasingly disillusioned with it nof late.

I happen to believe JD& Wiltshire are wrong in backing the management but that's jmo.

Let's just say I regard them as not fit for purpose.

Yes I've known for some time itsawrap. We should be used to being conned by this pair of shysters by now.

It's nice to see something happening. We will however not be receiving any funds for years. I note Williams has messed up on the gas price per mwh at last. I suppose he didn't have any choice.

JD, you mention U.S. money ? Not a snowballs chance in hell imo.

well our 2 ****s have been in a position to sort it for a copla months.

i ask you, who is going to fund rathlin when thayre a 1 trick pony & in this political landscape ?

even if wn is drilled the jv's will have no choice but to sell as funds will be scarce meaning we become pretty much a forced seller. forget avout yhat c*** williams npv10 values, that's ******. i'd be happier to see him up against a wall facing a firing squad.