RE: From Advfn board14 Jun 2018 13:21
Hi Guys
I completely concur with Openfield below, the meeting was pretty well attended and all resolutions passed followed by a 15 min powerpoint by Bobo and then Q&As.
A point to add is that we should be seeing an RNS pretty soon about the REYL financing agreement, plus the HLV/Mobilisation and then arrival/spudding which I would imagine will all impact the share price.
However ultimately for us all to see a fantastic return I believe that you are looking at up to 3 years once and if they replicate on the other assets alluded to at the meeting. Bobo said that back in 2003 some 20 plus licences with borrowing were granted to indigenous companies and only 7 of these actually got to the drill stage, so a lot of farm in potential without and this was his quote "up front fees".
To be honest if you had attended that meeting having only invested a few weeks ago at sub 1p you would be pretty happy with what went on.
ATB Verbs