Member Info for wookieemonster

The company has has more than a chance.. many 4 years or more of supporting. The company has done little to support us! So far it’s all been talk and never ending carrots.

They need to deliver. Simple as that. They’ve led us along and patience is an understatement for many of us.

Coms have been appalling, and if this recent talk with art is indeed legitimate then it’s a testimony to just how awful things are.

We should be updated occasionally by the company on their own merit and they should be addressing many of the issues and concerns because they want to, not because they are forced!

I’m really quite sick of all the private emails, private chats and smoke mirrors here. This company is not acting anything like a main market, if anything it’s behaving like a proper bottom of the bucket AIM listing. That needs to change.

The above resulting in this constant downward spiral sp.

Official Coms, action, results.

Not hard. Lets see a little more professionalism from this company and we might actually start a much needed recovery.

I would prefer Art got the deal done and delivered on his many promises, surely he wants to build this up not trash it.. even though the sp is very low I can’t help but think it’s not reflective of the situation.

Once the wells are following correctly and production up things should start to fall into place nicely.

This is not yet an established oil co and still in the growth stage ( not so wise sadly, yet).

If there’s no good JV deal soon then we will know it’s been a con and if production doesn’t seriously improve shortly the same applies.

Let’s hope for the best.

Just out of interest why and who are all the new directors being appointed, with production low and sp so bad do we need to be paying even more out?

Very much doubt it’s anything to do with the action group, Cathy has been recently talking of upping the coms game before this group was formed due to many requests to do so.

Have a substantial holding and will be voting no to consolidation today due to the fact that no reasonable ( if at all ) explanation has been made for one at this time. Especially as the share price has collapsed far below Arthur’s own valuation of 50p.. for current status.

Had he explained the reasons ( and just saying to attract investors is not good enough at all ) then I wouldn’t vote no.

To attract investors you need to show you can deliver on your promises and add value.

To date all he has done is promise the moon and given us dirt.

This is so bloody dire.

Certainly not don’t want to be scrolling through pages and pages of bickering, sadly this forum has run away from its self in being something that was once informative and nice to read.. a lot of ego and whitewashing here now.

Hence the request for just a brief update as it seems to be an ongoing topic, basically just, skip to the end, summarise.

What’s the actual intention & purpose that’s all. Simple request .

Prophutus, would I would rather is just an eplaination of what exactly this syndicate is going to do/say. If you poke a hornets nest you only ever get stung, so interested to understand how hard you intend to prod. No need to be emotional.

Sorry anyone care to Summarise this sas vigilante group apparently supposed to be representing shareholders? Haven’t read the last few hundred posts and wondered what’s going on.. it sounds dodgy???

i agree panamabob, it’s unsettling that he clearly must see and understand investor frustrations, and very fairy so! yet does nothing at all to steady the ship. sometimes i feel he doesn’t care at all that people have put their money in on his words and past statements.

it seems incredibly unkind and irresponsible to not talk to us in any way. even the latest rns releases have been cold and dismissive.

i’m starting to believe he doesn’t give a rats **** about us.

Art really has to pull something big out of the hat soon and I really hope for once it benefits his loyal shareholders who have held through thick & thin. I’m sure he gets a lot of jip from investors but I hope he realises that most investors are actually pretty decent people..

Could carbon capture be an ace card for us, you would think so and this news further promotes the need for it. Oil and gas will be looking to make sure they are seen to be proactive against global warming.

https://www.bbc.co.uk/news/science-environment-65602293

Hey Jiddy I got a message from Cathy saying they are trying to improve investor relations and also mentioned doing an interview.. that was weeks ago..

I won’t be voting until closer the time. I’m hoping the man will have the sense to explain things..

Blindly just voting is not acceptable. There needs to be information to make an informed decision.

Sure if you have £500 quid invested take your punt.. who cares, But for those of us with 100s of thousands invested it’s actually not as simple as just sell if you don’t like it. Lunatic comment.

For me it’s only about the facts. The history and what’s been said by the company.

Arthur, over the last 3 years has in my view misled investors maliciously, including, but not exclusively, lying about not doing a placing, then doing one literally a week later… saying 5000bopd 2 years ago from Atomic alone & promising to deliver significant share holder value after suspension… we came back around 60p.. now at 5p.. A small selection. Oh and let’s not forget the not needing any more finance talk when we got Cuda.. . only to then do another placing... So I think it’s safe to say, the man has misled and screwed us a lot.

Can anyone name a single thing he’s done to date that’s been beneficial?

Discovery, and then the RS report, we went down,

Gaining Cuda, we went down,

Getting Atomic, we went down

We are actually worse off when we only had the hopes of Nigeria which to me is totally bizarre considering all that’s happened.. Which is why, anyone who has held a year or more is understandably very sceptical and concerned.

Yet we’ve had some large TR1s, there’s glimpses of hope, the facts remain on our assets being substantially higher than our current mcap… We’ve not been told the JV is not going to happen, we’ve been told production is on the up and being optimised. So plenty to be hopeful for ( as we always seem to be hoping here as a default ) but just terrible terrible coms and more uncertainty due to this consolidation talk, yet zero explanation why it’s totally mental.

He needs to do an interview and clear many of the current issues up and steady the ship, like a genuine CEO should.

Imo.

I mean they’ve just said they want to a consolidation Finwit? And normally that means dilution 9/10 times?

I disagree. I think the banks would lend to us.

Which is why, in part, resolving production has and is key. And the indications are that that is in progress. As regularly stated via the company. I expect to production to increase significantly and quickly once GGS in place.

The banks won’t be as keen to lend on good terms on the discovery alone. There is no capital return on resources in the ground no matter how big.

The JV seems to have become a total unicorn however and personally I find both the proposed name change and consolidation concerning when we have no idea for the reason.

And I’m sorry, saying it’s to attract investors seems to say, we don’t have a JV anymore so we need to raise cash.. which is why the man needs to talk to us asap and communicate properly!!

I just don’t see the logic to why we need to consolidate at this stage of, supposedly, closing the JV.

Surely, JV first, prove up production figures. Deliver on promised and adjust sp accordingly.

Then Consolidate.

Otherwise, if we consolidate before RBL, JV. Then we will know that it’s all been a lie.?

art needs to do an interview or the votes will be a no.

why would we need to consolidate to attract new investors when we are still, supposedly, negotiating rbl or a jv??

why, there would be no reason. if there is, then he needs to talk to his shareholders and let us understand the truth of the situation. otherwise it just looks like more rinse and repeat and more fuel to the jv being more lies.

i will be voting no if he can’t be ****d to update us.

I’ve been here with bob a long time, his tunes the same as all the other LTH. Sees the potential but after years and current low sp, understandably concerned / annoyed as the rest of us!

New posters should read up before making stupid comments about others.