RE: Over sold13 Feb 2024 15:38
Always love it when the FOOLish one touts DL as being the best thing since sliced bread, despite what he did to UKOG before.
By the looks of things, Alba still aren't keen on having him back and it's certainly all gone quiet on the PPP farm in front, despite the initial promise of shooting the 3D Seismic last year.
Perhaps because PPP don't have the money?
Just following the usual DL hype train on a Company and suddenly it all goes quite when he runs for the hills, having mugged PI's off yet again.
After all, it's not like he has history of doing that.
Oh, wait, he does....
From his Wiki entry;
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Corporate Governance Related Criticisms
He has been accused of frequently "promoting a company, pushing up the (price of its) shares, then raising cash by placing new shares — and (thus) diluting the holdings of the early investors",[15] described as "a familiar tale with most companies he promotes".[16] His defence has been that "You can’t build a business on bottle tops.".[17] Furthermore, he has argued that it's not accurate to claim that "all his ventures have turned sour".[18] Although finance commentators have noted that most of the "hundreds" of companies he has been involved in, and "stock promoted" for, have failed to generate any successful shareholder returns.[19]
In 2009 he was one of a group of claimants, claiming that he had been libelled when an investment publication in South Africa had described the group of executives of one of Lenigas' ventures as "cynically and greedily indulged in self-enrichment at the expense of, and contrary to the interests of, shareholders."[20] The High Court of Justice of the United Kingdom rejected Lenigas', and the other claimants' libel claim, and found in favour of the publisher.[21]
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At least The FOOLish one hasn't resorted to his "the corrupt Courts got it wrong" defence recently, after it was pointed out it was the UK High Court and DL didn't appeal the verdict.
Now no doubt The FOOLish one will claim that he has the Greenies all worried and angry at his posts.
Nope - but The FOOLish one will certainly get riled up as the day wears on and his blood alcohol level continues to rise.
He'll even claim I'm a plastic oil field worker, even though he knows I run Rigs for a living and has thanked me twice recently - once when I was trying to work out what PBoo's observations really meant and giving a time-line for when the Pin-1 results RNS were due to come out.
Actually, even though I despise him for some of the things he's said about workers in the oil industry (laughing when a man died going over the side of a JU and his "burn baby burn" post in response to a description about the hazards of a fire on a Rig), I do feel some pity for him, as it must be hard to function in the real World when you are that deluded.