Am not a legal expert but doesnt it mean we pay 7 mill instead of the expected 6 mill ( which wasnt accounted for anyway)
I wonder what else we have been misled about..
Who would loan TOR money since all he does with it is pay himself a huge salary. For the same reason i cant see much success with a dilution. Though i guess that wont stop him trying his luck. He seems only capable of protecting his own hide. Does he understand that at some stage he has to generate cash?
Yes we are in deep sh1te not deep water! Doh!
Unfortunately st paddy left a few snakes behind...
Yes it is now just an exploration company. That is how it is being valued and traded. But i invested in a pre-production company. As i was led to believe it had a sizeable valuable asset. I would never have invested so much on what is effectively a punt on whether oil exists in a certain location or not. And still i have not been told why barryroe has proceeded no further. The market has assigned it no value. TOR can not even stoop to give me an honest account of what happened. If we could attach a pipe to his mouth maybe we could burn some of the hot air that he expends. At the very least i wouldnt have to listen to the gasbag.
Id still love to know the truth. It isnt all down to the price of oil.
At best he is an incompetent fool. I think i might be sued for libel if i say the worst case..