I truley believe this is not just about the oil and gas but about the new texas gold rush in the acreages if the leases are reversed ! Thats my take .....critical rare earth metals as well ..... just have to be patient ...
Not only that if my mind serves me right that there are 3 other Wells which were tied to the lease which were 100 % closed off during covid and an acreage of 2038 ! The story will unfold .....
I honestly think that patience is required here ! The BOD have done a tremendous job so far to unravel the mess caused by the previous BOD. I also believe that if diluted the Grand chief will buy up the shares in a heart beat .........
Only invested in what i can afford to lose ! so if there is going to be dilution so be it .At least its back to trading ! and the choice is mine whether I sell or hold....end of ,,,,
People can make up their own minds on whether to invest or not after all its their money ! So keep to the topic and share your opinions.....Why would you want to comment on a share your not invested in ....I certainly wouldn't !
I think the accounts are ready and signed off .... there must be some very good news on operations that leads me to believe why lunn wants all those shares .Think friday we will have an RNS imho. Lets just wait and see .
I dont think that GL should be entitled to any shares ! please wsomeone explain why Petroquest energy Ltd ( Nz)ceased trading on the 2/12/24 and the name is now petroquest energy Ltd .....
IMHO I think that Lunn wants total control so he can attain the percentage of shares required to take over the company if not now it might be in the future when the company has a strong foothold and earnings !He certainly knows something that has not been released in an RNS . I would vote yes only if the shares issued are locked up for a length of time.