Member Info for Uggy100

If true it's a shame we have to hear it from a 3rd party. However as we have to trawl around for any news on daybeak & parta it's not a surprise I guess. The 2 fools are probably too busy making paper jets & laughing every payday to bother with trying to get things moving forward.

Looking at the A.D.V.F.N. chat TW ( I'm not a fan) mentions a bid for us has been launched. Dunno if there's any truth to the story but somebody posted his article & I happen to agree with a lot of what he says.

Looking at the A.D.V.F.N. chat TW ( I'm not a fan) mentions a bid for us has been launched. Dunno if there's any truth to the story but somebody posted his article & I happen to agree with a lot of what he says.

Oh I do blame myself of course, in part in beleiving some of their guff.
As for them getting the company in a good position I see little evidence of that. Perhaps you could elaborate on that ?

I'm afraid moniman that persimmon is right although not all of the Shell proceeds will be needed to fund the next WN drill & theres no way if the next drill is succesful that Rathlin will develop it. It'll be sold & the mysterious oil leg too . Just wish the 2 clowns would actually tell us WN will be delayed as it's disrespectful to shareholders.
They've gone to radio silence on pretty much everything now.

Micky is that the oil that has disappeared & WN is now thought to be gas in just the upper zone ?

Don't think its a shorting attack. RBD has been hit hard the last few days, possible leak re WN ?

Jeez the 2 fools fiddle while we shareholders burn.
Ever more depressing. Just as well they're keeping their promise to engage with shareholders........not.

Grubber re your post from Friday, I completely agree.
When it comes to Dundas I find it incredible that we only find out about quality issues of the sands now. Surely the BoD have known about it for years. I know RM is an out & out liar but it seems Stensgard & the rest are no better. Still the money he's paid I doubt he cares.
Jas has now become a complete shambles of a company.

moniman, still waiting on your answer to my question.

Of course I freaking hold shares wnich is why I'm so bl00dy angry with the 2 clueless spivs !

GP the 2 bozos constantly refer to the 'rich suite of data' they have collected' so you would hope they would know where to drill by now. However who knows as we are invariably kept in the dark !
Both Rathlin & RBD need to up their game thats for sure.

GP, re your post yesterday I can't see where else Rathlin can get the funds other than through existing shareholders. They only have the WN project & I doubt there is any appetite out there for that kind of investment. Especially with the epic failures of the vertcal wells.

Agree GP never known anyone to have consistently got things wrong as the 2 boy blunders. They're going to have to own up to their shortcomings at some stage instead of adheearing to their vow of silence.
Market has zero confidence in them now, utter disgrace.

Hardly a surprise when you consider we have 2 abject failures running the show.

moniman I don't like persimon in the slightest. I would however ask you again if you think our CEO' s are capable.

It's a problem for me that our glorious leaders leaders refuse to give meaningful updates on projects such as WN, Parta & Cali. All recent podcasts have related to North Sea prospects & that is, quite simply, unacceptable. Seems that they are burying delays & bad news thereby treating us like **** as usual.

I tried to but didn't see any clearcut info.
If we have reduced our holding surely that should have been rns'd ?

Miln, we're not Shell ! UJO decided to RNS revenue milestones so have made a rod for their own back, they have to continue with it.

GP, I agree & the serial ramper is Heid who goes for 1,400 bpd.
I'll be happy with 950 which is much more realistic.
One of my biggest bugbears is the failure of the jv partners to adhere to stated timeframes which gives no confidence to potential investors.