Member Info for Uggy100

I agree. I think CS was rushed into as it was around the same time as the Requisition Request , they wanted some signs of progress & they lied through their back teeth to give the impression it was a quick route to monetisation.

I don't think they have any idea on how to run an O&G company & their decision making process is madness.

Made themselves rich tho' I guess. More fool us.

All are a possibility although I would prefer a quick sale if possible.

We still need a permit to expedite WN however which hangs in the balance.

I have no doubt they will award themselves a substantial bonus if they can shift CS . After all their greed dictates that after shredding the sp over the years.

We splashed out 700k on additional Rathlin shares ??

They've spent 2 years looking for funding with no luck & we wander in & throw some cash to them. In the current political landscape it makes no sense whatever to me. More poor business from the 2 abject failures.

Suppergit, I think nobody will believe a word DB says anymore anyway. He has the comes skills of a 1yr old.

I feel DB is the biggest problem here with his failure to tell the truth.

Financial aspect of LNe has been difficult to understand as we are.never told anything. I've always believed S&S entered into this in desperation thus proving themselves as thick as 2 short planks/corrupt.

It is however possible that IF the permit is granted LNe have access to 3rd party funding. We shall see

Odins. The thing about CS is that the financi

Makes sense. Remember back to the Malcy interview Nov '23 ? Where the 2 liars said they had verbal agreement from the Italian ministry that the permit would be issued. The pair of them disgust me.

yes itsawrap, they've had us over. i'm as much annoyed with myself as those 2 ****es. i believed the business plan to be good although over time theyve changed it completely.

i'm waiting to see what happens to cs another probable debacle.

i doubt wn will ever be drilled which they've know for 2/3 years as there's no funding out there. quite why they upped their stake, especially in the current political environment, is beyond me.

Annoyed is an understatement ! The 2 cretins running the show have FAILED on everything they have "invested" in. And yet they still take huge salaries for that failure. If this company was listed on the main market there's no way the 2 fools would still be in charge.

And still we have stony silence from the truly dreadful ceo's.

Sackings too good for them !

I'm OK Odins, hope you are.

Re your last post....if only but this country is now a basket case.

Tbh I think they're a pair of clueless idiots rather than criminals although I could be wrong.

Heis posted a Ruth Heyhurst article on UJO earlier.....interesting read.

Odins, CS has been dubious from the start when our superstars plunged us into this debacle.

Once again proving they are utterly incompetent.

DB hasn't made a podcast recently as he's lied about how commercial some of the U.S. Wells are.

It's hardly surprising.

Parta...defunct

Simwell...just an example of their stupidity.

WN... permit required & funding required.

CS,,, awaiting approvals but probably had over by some corrupt eye ties.

DBRM...as good as dead.

Sundry NS licences which will be quietly dropped over time.

A complete fookfest by a pair of useless scumbags who continue to be paid a ridiculous salary.

RBD=a litany of failures.

S&S should be taken out & shot.

Dogs are nice, they're just lice.

It's normally in June.

Well I'm hoping to attend the next AGM. At previous onesie held back but this time I'll be launching at them. I want 1 of them to step down. I've already come to a couple of conclusions from previous agm's.

1. The Chairman is useless.

2. Our 2 clueless fools will try to come up with a reason to keep the q&a session extremely short.

Stanley I hope you're wrong however I'm convinced our overpaid ceo's are a pair of crooks.