RE: The shystering is large today1 Nov 2023 17:38
The comms in my opinion are terrible and I question why? Is it because they have nothing to tell us (as must be assumed because they must tell us market sensitive information), is it because their definition of market sensitive information is different to some investors and therefore can withhold important information ? is it just a poorly run aspect of the business? or the comms is perfectly fine and myself and other investors who believe its unacceptably bad are just being unrealistic or need too much reassurance ? Or a combination or something else that I haven't mentioned?
Would they be allowed to explain via RNA what exactly the JV is hinging on? Surely this wouldn’t be in breach of the NDA agreement. Is it production? which I suspect it is. We are now funded until Q4 24 and maybe beyond if production can raise and settle at 2kbpd. So if the JV partner wanted our finances looking more secure and we've achieved this (even with current production numbers) then I take it that wasn’t holding things up.
When some posters on here say confidently that they don't think there will be a JV in the remainder of 2023 what is making you so sure that this is the case? Again, I am assuming its believed production must rise for the JV to be agreed.
I am desperate for this to work out for shareholders of which I have now been for a substantial amount of time, and I think it will. I am just trying to get things clear in my head on exactly what’s going on.
I also remember that Fastfood was much more positive once the share price was on the rise before. I also remember the time when Fastfood predicted the share price wouldn't go above 3 then it did. I remember Fastfood once saying they were shocked by the share price rising and that it wasn’t how they had seen it going, a touch of humility briefly entered into the approach. So Ashwaldo is 100% correct in his assessment in my opinion.