RE: Slowly1 Jul 2024 14:40
Lab results suggest potentially an even greater helium percentage .
World class SLB (Schlumberger) and GeoLog on board .That does not come cheap
and Drilling close to spud are all very positive .
Although I fully understand and agree with the necessities of gifted Company stock options ,
regrettably , I believe these grants to be overly generous . Coupled with the offensive cash raise and the consequent dilution I`m sad to say has left me with the distasteful feeling of Boardroom greed . Yet again this issue has the fingerprints of at least two board members who I think we would be better served with their dismissal .
Unfortunately , the Company has no quality investors , just a huge following of PI`s .
Making matters worse for investors and exacerbating the volatility here is a plague of locusts . Just far too many spivs and traders . Today is yet another example of this underlying investment weakness which is frustrating the efforts to establish a credible business .
Assuming a successful EWT , I think these background negatives will change , especially should the EWT trigger a much needed JV .
Unfortunately , I don`t seem to be able to benefit from my own medicine and bought another tranche of shares first thing this morning !
The first six months of this year have been truly awful , however , overall there is more bright light on the horizon and I remain very optimistic about future , The next couple of months should , hopefully , prove transformational .
VGLA ~ Investors .