Barryroe Offshore Energy Share Discussion Threads

[hermana3] 04/10/2023 11:07

Was a Ponzi scheme with one billionaire starting the caper and another at the far end standing to clean up in the Courts. Cant see LG throwing much at the great unwashed particularly if he has BOD in his pockets..

[peaeff] 04/10/2023 11:06

Jotoha2

I couldn't agree more. The money that has been frittered away over the past 12years is bordering on scandalous. A series of very poor decision and missed opportunities, not to mention the apparent 'gilding of the lily' over the those years only to be let down when the crunch came. From £7 a share and only 44million shares after the 100/1 split.

It's just my opinion but it appears that the current board has achieved what it set out to do and I have no doubt that Barryroe will get it's licence to drill at sometime in the future. I fail to understand why this current board didn't apply a lot more pressure on Mr Ryan far sooner than they did over this license but, maybe the answer to that is what has now come to pass. SKINT!!!. However those currently at the helm are most definitely not.

It will be very interesting to see what will happen with Barryroe. I suppose the best thing I can say about it is it's taught me a serious lesson, after all who could possibly want oil and gas?.

Cheers all.

[jotoha2] 04/10/2023 09:53

Like I said every BOD involved with this company if Irish then dodgy at least . Please point out one man who acted in the best interest of the company and its shareholders !

[murmurs] 04/10/2023 07:16

Could be a consolidation where all shares below 2-5 Euro are forfeit.

[paulsavannah] 03/10/2023 21:48

If you read the RNS you would see the board are all gone too once the scheme of arrangement goes through.

[northatlanticholdings] 03/10/2023 21:25

No need for the anti-Irish sentiment / remarks.

Only question to be answered now is the price per share for the scheme of arrangement/takeover/cancellation.

What price would the participants on this Board vote through?

[jotoha2] 03/10/2023 18:43

So he has sacked the Bean counter , now what about the rest of the BOD , they certainly need to go , but of course they may of agreed to get involved with this destruction of a company which had potential in the right hands , dodgy Irish , what do you expect !

[paulsavannah] 03/10/2023 16:52

I have little doubt it was all choreographed to go into liquidation and then for LG to step in and take it all for himself. That cuts out all the regulations and laws to be adhered to regarding shareholders and corporate governance etc

[jotoha2] 03/10/2023 11:31

As always someone always comes up smelling of roses , certainly will not be the excisting small holders.

[hermana3] 03/10/2023 10:56

Game over now! Dont blame Goodman as the annoyance of a quote and small holders is something any sane and rich person would gladly kick to touch. Sad day but it has been a long time coming....

[ps200306] 02/10/2023 21:41

In fairness we were stuffed long before Larry arrived on the scene. O'Reilly sank the ship by going wildcatting instead of getting Barryroe developed. We ended up over a barrel due to lack of funds and were taken for a ride by a succession of impecunious chancers. Larry is just the latest in a long list. Even before Ryan shafted us he stood to get 90% of the company for a few tens of millions. Now that the only thing left is tax write-offs for someone with enough money to avail of them, he gets the lot for tuppence ha'penny. It's the final swan song in a decade-long fiasco.

[paulsavannah] 02/10/2023 20:54

Goodman firm to inject up to €6.35m into Barryroe https://www.rte.ie/news/business/2023/1002/1408576-goodman-firm-to-inject-up-to-6-35m-into-barryroe/

[paulsavannah] 02/10/2023 18:06

That's it over....we were screwed by Eamon Ryan and now we've been completely shafted by Larry Goodman. Not sure which individual I despise the most.

[hermana3] 02/10/2023 11:32

EOG reporting good seismic findings on Iniskea. They better pray smugface is froremoved from office by time they are looking for a drill permit......

[hermana3] 30/9/2023 11:48

Results of Examiner's report due before the Courts next week? End of the line for the great unwashed it seems....

[hermana3] 27/9/2023 18:41

Jo, We can be assured wee eamo is being offered a way out of his anti fuels policy. Will be a great surprise if the muttonhead turns....

[jotoha2] 27/9/2023 10:04

Nice to see the UK is being realistic with the plans to drill in the Shetlands , you Irish need to see what needs to be done here , maybe maybe .

[largeronald] 21/9/2023 12:05

Oh, and by the way, is the "Marxist anti-motorist ULEZ" mentioned in the Getsworse article the same Marxist anti-motorist ULEZ first introduced in London by one Buffoon (call me Boris) Johnson?