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Problem with Greens is that although their ideas may make sense long term, in the short term - however, we still have to live until their objectives can be met.To stop abruptly would result in millions of deaths worldwide more than ever caused by today's polution . Of the present, the pollution individually produced per day per head of population is minuscule compared with what we used to produce . In those days just about every house had a coal fire and millions of chimneys belched black smoke and the air was laden with it in the cities and visibility reduced . So although individual pollution has in fact fallen, collectively it has risen .The simple answer to that is population growth.Millions more people equals millions more demands upon fossil energy .So greens lets have a campaign that includes population growth !
Surprising how many people have told us how that made shed loads out of this share, pity they did not tell us how to do it except well after the event . As far as I am concerned this share has gone down steadily from about 11 pence per share in the Broadford Bridge days, to near enough zero .Rises, if any, have since been in fractions of a penny .Meaning just to pay for the shed to keep the profits in would mean you had to be holding millions of shares .You also had to know exactly when they were going to go down or up .I think if anyone did make any money it was on the rise to 11 pence , anything after that would be trivial and certainly would not fill a shed
Well with all that experience you speak of and foresight beyond us average people, did you not feel it right to lay out the facts at the time ? We dont get get many ' experienced' traders in AIM, usually they are in the Stock Market 'proper ', but glad you stepped in to see us 'non experienced traders ! "
Well said. The current mission of the present BoD is simply to protect their salaries to the last possible moment . It would appear that the Shareholders are being treated with contempt . Test samples were said in the RNS 23rd May to have be sent for analysis to London .It is inconceivable that they do not have the details by now .It is information good or bad that would appfect the SP, therefore under AIM rules they are duty bound to tell their shareholders the results . Since those in the know what those results where they would be able to buy or off load shares based upon performance '''secretly''' thus enhancing their own position.If however, for some reason they were unable to obtain a result from the samples then likewise they would need to issue that on an RNS because if suppressed then that, too, could affect the SP because no news suggests bad news. The address to write to to complain that your suspect AIM rules are being ignored .the address to to write to is info@lse.co.uk . Beside to use the magic words 'in my opinion' when you explain your complaint . Which, of course, is my caveat for this (entire) posting
The last RNS we received re the Turkish operation was the 23rd May, 2023. The RNS laid out relatively simple matters which would take but a few weeks to resolve and sample testing which could be done in days. To this date no further information leading to a general feeling , in here, that information is being with-held from, and to the detriment, of shareholders .I have raised this question with AIM
Returning to hydrogen debate . As I said earlier there is no problem in producing hydrogen at home but it takes electricity to do it and special apparatus to charge storage facilities . Since this all take electricity , then one might as well run their car on electricity and save the bother !
Useful ? Who wants hydrogen in any quantity at the moment ? If it turns in a profit at all then we are speaking of 2035 onwards at least then it would only be a trickle for the next 30 years as transport is converted . As for cars then, assuming that hydrogen is not considered too dangerous for general use, then there would be a large market for home production kits hydrogen .You just need some water, an electrical source , windmill ? and a means to compress the produced hydrogen into pressurised bottles and thereafter your fuel would be absolutely free . I don't believe that is going to happen . Given that you have idiots coupled with just natural forgetfulness out there, then there would inevitably be some very nasty explosions . Aircraft might be able to convert to hydrogen use over a long period of time but one company at the moment is already working on recovering hydrogen in flight from the atmosphere .Ships well there is a possibility there but tankers wont want it , they have enough oil on board already . Cruise ships yes because they are selling environmental nostalgia
If a company withholds information on news that could be expected to cause the SP to move , then those in the position to benefit exclusively from that knowledge, to the detriment of other shareholders, could be accused of insider manipulation !
AIM Rules. If the news , if known to the public, would be likely to affect the SP , for good or bad, then UKOG are obliged to release it as soon as it is known to them.There is no option for them to manage its release .If they have changed their mind about perforation or they have run into a snag which delays implementation , then UKOG are duty bound to release an RNS to keep the shareholders informed .Anything else is deliberate manipulation !
Hi Skwizz
11. An AIM company must issue notification without delay of any new developments which are not public knowledge which, if made public, would be likely to lead to a significant movement in the price of its AIM securities. By way of example, this may include matters concerning a change in:
— its financial condition;
— its sphere of activity;
— the performance of its business; or
— its expectation of its performance.
We have been given expectations of performance with the said to be ordered larger perforation devices . It was reasonable to assume that these would be obtained within days, or at worst a month. Since their arrival or change of plan has not been announced and no activity dates published .It would, by virtue of no further information, be reasonable to assume that 1. there has been a change of plan, or 2, they are still planned . Either way this affects the SP and , therefore, UKOG must update the shareholders ?
IMO (of course) he should have done the decent thing and resigned some time ago, because in the current situation he is only protecting his salary .It may be too late, however, if he resigned tomorrow because there is very little leeway for fresh thinking to save the company .Another problem being that the BoD must have backed his decisions ,so it would be more the same to replace him with one of those 'yes men'.
Pursuant to the AIM Rules for Companies, a nominated adviser is responsible to the Exchange for assessing the appropriateness of an applicant for AIM, or an existing AIM company when appointed its nominated adviser, and for advising and guiding an AIM company on its responsibilities under the AIM Rules for Companies.
I am just wondering would that included keeping (or in this case not keeping) the shareholders up to date with operations, via RNS ?