Interesting snippet1 Oct 2023 19:58
In the latest Doriemus annual report, there's this little snippet;
"As at 31 December 2022, the Company provided an additional impairment charge of AUD 328,000 (2021: AUD226,000) due to uncertainty that HHDL can generate sufficient returns during and until the end of it's commercial life."
AUD328,000 = £172,860
AUD226,000 = £119,100
So hey are obviously not holding their breath on any new Wells being drilled.
Incidentally, the DOR CEO takes c. £30k cash in annual salary, the rest he takes in shares.
Pity the UKOG BoD don't do the same thing - though it has been suggested in the past on this board...