RE: Will buy back in on next week.4 Dec 2021 09:50
Is not the EA or OGA that requires funds … is Angus. It is purely to pay their salaries which the recently doubled. They could have chosen to defer their salaries or get paid in shares … just some other AIM companies do, but no.
If 1st gas starts end Feb as they promised, with current gas prices Angus finances will substantially improve in weeks. Does it feel as if 1 st gas is end Feb?
Anyway, no regard for shareholders, none, zero.
This explains why as yet they have not bought any shares, even though GL promised to buy.
Kind of reminds me of SS over at UKOG who had options at 0.4p and with the SP at 4.0p would not exercise them - now we now why; ukog SP is now down to 0.1p and sinking whilst the float gone to more than 16 billion.
And, there is a big stench in the air over this placing … buy out rumour pumped whilst the SP is dropping … then placing news.