Nows the time for a Torexit. My money stays in my pocket while the balderdash continues. Message thanking shareholders says it all. The smugmaster strikes again. Its like water off a ducks back to him. He will do it all again next year. He is due a champagne year with all the new cash. 1st class all the way. Step down at the EGM please .
As i thought severe dilution. New investors at 12p a share. Wish we could join the club at this price. When oil finally gets to the surface at production stage there will be a new shower of investors again to lick the cream. This is like payg electricity to keep the lights on. Baby will have the remaining 41 mil gone in a year. Isee more and more share and a consolidation in my crystal ball. I will try to look on the bright side at least we still have another roll of the dice from the master of waste. Will we ever see simple production from any one of our billion dollar assets. We have money now to do it.We will flutter it all away like the hundreds of millions before. These hundreds of millions already spent proving this and that and seismicing ourselves into oblivion were shown to be worthless when we were in need of a few dineros.Maybe we could always do corporate things....like dilution of an absolute unreasonable amount. What was the name of that business school in the states again where Baby bought his papers. Lets see if the market cares when we find billions more. Revenue is what counts these days. Back to placing price in the morning. Why not go into production ourselves in Barryroe. My guess is because its like a swiss cheese but with modern methods anything is possible. They do say Druids come out on the solstice. How right they are. Gla
Of our dilution beyond all reasonable acceptable amount but then again we allways had to wait till down to the wire so its the last day of the month for final reults as usual. We are but the the riffraff here. We will be trown the scraps. Even step mama will hang onto her money this time i suspect. Once bitten twice shy as they say. I have bite marks all over. This time i keep my money in my pocket
O Reilly has a serious conflict of interest here at the helm of this company since he bats for his Daddys side. Nothing has ever been on the level here due to this constant consideration. Even in these troubled times and zero holding by senior i suspect that he is still somewhat in the loop, all be it at our expense. Next week we should hear o
Well here we find ourselves in the transition period between suspension and being diluted to hell. We of course are but the mear mortals who funded this company to near production. We will now witness the transfer of wealth to the golden circle, prehaps for post production or else post sale. Lets face it if there was to be a sale of the company we existing PIs would be last to line our pockets. These sort of deals happen way down south where the sun shines on the chosen few.. Remember the fantastic assets held here on the previous low tax system. This alone would make this an attractive purchase for those in the crammed data room. For those who think Baby is working tirelessly on our behalf i would urge them to consider the extreme possibility that he has skipped a few Euro matches. I sincerely doubt it. Come on new Coco spin up one of you beauthies. It is your modus operational after all. Get it sorted before you head off to Rio😀