Member Info for Uggy100

Yes I'm afraid it does.

Well we have a market cap of 22mill so I expext transformational news & an inflection poit to equate to a substantial increase in the sp. Over to the dynamic duo. For far too long we have had to put up with jam tomorrow statements.

CB they are certainly very bullish on the del & I have no doubt it will go through. To me it's just a case of how much.

I hope so too

I feel too sick to say much about this **** shower of a BOD. Can we just shoot them all ?

Yes DG an utter shambles of a BOD. They should eash be given a loaded gun & asked to do the decent thing, problem is they'd probably miss.
So many years wasted another BFS underway despite an offer of funding over a year ago. Makes you want to cry.
The only ray of light recently was the serial liar RM being booted out.

tkr234 my way of thinking is that DA is proving to be one of the worst CEO's I have come across. He appears utterly clueless which seems to be in keeping with the rest of the BOD.

What do you mean if I'm not him !!!! It's obvious I'm not him surely. Before I blocked him I made several attempts to have him banned, all to no avail & LSE have a lot to answer for.

Bill he should have been banned ages ago but seems to be teflon coated.

Unfortunately deemule bans anyone with a different view to him although I resent being called a scumbag. Up to him I suppose.

Smythery I think you're talking about Persimmon who said V was worth 5mill. He will do anything in his power to diss the company & i'm not a fan of our ceo's for several reasons. He is however pure poison, lies & will do anything to try to do peoples investments down.

I'm not sure how many wells we will drill at WN ( I know many think it'll be 1 & if successful then up for sale but we may need to do more. I think Parta may well require some funding to kick start it.
We may well have to stump up some funds to start on at least one of the NS projects, it all adds up. Obviously if we get a fantastic price for Victory the things may change but most of us here aren' t thinking of anything approaching the NPV10 numbers. Costs will mount up & the worst thing they could do is do a buyback & then have to raise again.

The long awaited GC R&R would have been more welcome. Come on DB lets get things moving !

Maybe so but the fact is that all lth's should be disgusted by the 2 fools performance.

Mani I swould suggest there is zero chance of a share buyback.

Indeed CB & in a previous RNS a gas zone of 25 metres overlying an oil zone of 45 metres ! If the oil zone is unrecoverable we should be told or clarified instead of making no mention of it.

Thing is CB the burning question should have been "what happenned to the oil zone at WN ?they have completely air brushed it out & we need an explanation.

Yep CB the questions were crap. But we have to assume the 2 fools running the company are not lieing. Time will tell but once the sale of V is completed they had better come up with an update on Parta to back up what they said, time is running out there.
In addition the licenses we will acquire from C will entail out & out wildcat drills for most which is hardly in keeping with their business plan.
All in all the presentation was O.k. although I remain unconvinced of their abilities.

Well one of the best takeaways from the presentation was how confident they are that the sale is a done deal.

Pboo perhaps you should read it all if that's within your capabilities which I question.