Member Info for Uggy100

Tech guru the sp is where it is due bto incompetence at.board level.

They may well have done itsawrap. Like Simon I just want WN tested & then I'm out . I've had enough of our stinking ceo's.

*lieing.

Exactly Jack. A pair of living scumbags who appear to have no concept of telling the truth.

Kawasaki it's been clear to me that they've not been up to the job for some time.

Simwell & LNe being classic examples plus their willingness to lie & obfuscate to cover up their incompetence.

Indeed Jack, a litany of dreadful decisions from a pair of dunces who have no idea of the O&G industry.

I wonder if Malcy has managed to pin them down for a grilling ? Doubt it as they're a pair of slippery charlatans.

My disgust knows no bounds.

Perhaps I should also add that with Shell dropping the license they held in the SNS our 2 bozos doesn't even bother to inform us. Really poor comms but true to form for the pair who have no regard for their shareholders.

It's an AIM co. & as such they are lax. The non execs are, in theory, there to rein in the excesses of the execs. We see no sign of that here & it's allowed the fools carte blanched, to our cost. If RBD was in a main market the 2 cretins would have been long gone. Doesn't make it right but there we have it.

Moniman I'm not paranoid I'm just a completely disgusted shareholder who is mortified by the behaviour of the 2 fools.

With the amount of confetti they've issued I don't see 2 or 3p. Hope you're right but I'll be out way before that.

I agree itsawrap. From memory I think there's a geological cos of 83%.

Majors use commercial chance of success which is always a lot lower but should be north of 50%.

Nope, I'll let them do their time & do a hit when they get released !

If only they were as good at achieving shareholder value as they are at openingvshell companies.

Isawrap, they won't get anyone I'm afraid. Rathlin & RBD are a laughing stock to bigger players IMHO.

Smythery, I get it. I attended the AGM & when I spoke to them they stated that Rathlin were pursuing a farm out but as majority shareholders we will block any offer that dilutes us. Fair enough, to me that means we'll be the ones stumping up the cash. RBD massively overinvested in Rathlin in 2019 with their project Wallace plan with a statement that an extent would be carried out in Feb 2020 (before lockdown) when in fact a permit was required. After that plans changed & as a result we find that not only was the A2 well screwed up so was the B1z, we tl, the liquids found have been air brushed out & as for the oil saturates cores on the underlying Cadeby reef proved to be utter rubbish. Hardly surprising that I find the fools untrustworthy is it.

Subsequent acquisitions further highlight their cavalier & inept strategy.

Itsawrap, I find it inconceivable that Rathlin will be able to farm out WN to cover costs for the drill & the dreadful duo know it . We will be the ones that will have to stump up the funds. They should nail Rathlin to the wall on the deal but as I have no faith in the 2 tools who knows.

Utter freaking sha.bles & their share option award is disrespectable to all shareholders.

We've been mugged good & proper by the 2 crooks.

Smothers I'll continue to whinge as long as I like thank-you.

Yes it's always been about WN so why the hell are they wasting time & money on absolute basket case 'investments' ?

Inept management at best & they have no concept of the word honesty.

Many former bulls here have turnedned into bears such is the dreadful performance here by 2 utter incompetents.

With these 2 crooks there's no way it's to our benefit is it.

All those who voted in favour of the 2 dimwit last November should be ashamed as anything is better than this pair of crooks.

Now that's what I call monetizing an assett.