RE: Malcys blog7 Dec 2023 00:19
Simon I have to disagree, when it comes to the business plan they threw that in the bin years ago & the Victory sale proved that their constant referral to NPV10 values was just a lie, as it is for the NS licences we have retained, there seems to be little appetite for anyone to farm in, nor in the case of Rathlin tbh.
Their purchase of Simwell was a basket case which should never have happened just a flagrant waste of shareholder funds. The opportunistic bid for Deltic just showed them up for the clueless amateurs they are. The Italian job has its issues as well.
Re Rathlin it seems to be glaringly obvious that we will need to fund them & as such there will be precious little cash left over for any dividend to shareholders
Re DBR yes a disaster but the 2 crooks should have done their own DD & I await to see what KS has to reveal about that.
I'm not sure that Heid is to be believed about her cosy relationship with KS either.
In short our 2 crooks have been proved to outrageous liars who I detest whilst having their snouts firmly in the trough & fook their shareholders.
Yes KS seems a bit shady but I'm prepared to vote in his favour as our current duo are not fit for purpose, get rid of them.