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Maxwell couldn't agree more, money wasted on the "conceptual gas development plan" & I'm damn sure they've taken the cheaper option, I'm aghast at the amateurish stance taken by Rathlin & RBD must take some responsibility as majority shareholders & with an idiot on their Board. Years have been wasted here due to financial mismanagement which is not good enough. Like many here I have a lot of reservations about WN ever going forward. Surely you agree that S&S are not fit for purpose.
Sorry Simon, whilst I agree SW is a complete c**t there is such a thing as guilt by association so SO is just as culpable &, as such, should be pilloried. Both have been proved to be completely inept.
David it should be obvious to all by name that RBD is just another AIM lifestyle co. & as such the shareholders mean nothing to the 2 scumbags. At last years AGM they were reluctant to talk to shareholders which is a disgrace.
Itsawrap, once again I completely agree with you. As a feasibility study is being carried out I would expect that to take several month. Work is still being carried out re permits etc. so God only knows how long that will take. A drill this year is just a pipe dream.
I also note SW mentions progress at CS re permits. I assume that includes the early production permit which the lieing toe rag promised by end of 2023 ! The man has no shame & has no right to be a ceo of this company.
The 2 crooks have destroyed this company, losing £10's omissions & making sure they make a fortune. The SFO should be brought in.
We're now hoping (against hope) that news on WN will drop next week which is by no means guaranteed. Its sickening.
I put it down to 2 things
a. II's holdings in their funds are sufficiently small a percentage (for them) to continue with the risk.
b, general sh intransigence.
The smug look on the 2 fools faces at the RR sickened me. As I realised that things won't change &, due to their monstrous egos they will just carry on regardless.
Itsà wrap, it's hardly a windfall for us is it. 2 turds milking it for all they've got. If they're remotely serious about developing WN then forget about any divi for the great unwashed (us). Indeed if we'll costs have increased by as much as DB mentioned will we Evan have enough to cover costs in the event we need to fund Rathlin ?. Disastrous financial management by our BoD who are utterly clueless & not fit for purpose. The Market has clearly known it for some time.
Having heard Bramhills interview I noticed he said drilling costs have gone up massively so god knows the cost of the WN horizontal now. Not that I expect the 2 turds to mention it.
I so want the pair of them gone.