Petrel Resources Share Discussion Threads

[lippe] 03/11/2020 21:29

Stay lolz hard dave ...

[fenners66] 03/11/2020 20:57

1teemore
3 Nov '20 - 20:29 - 17861 of 17861

"If I am correct JT has history of taking little pay/no pay out of the exploration companies unlike some other companies that I have been involved in."

Take the no pay out of your equation.

As for Director's remuneration for the full year accounts in 2019

4 quoted companies
Zero sales
£3.36m Losses
Balance sheet accumulated losses c £43.5million

Including Director's remuneration of c £539,000

For Zero sales remember.......

We do not know what the administration costs were spent on.
Expenses included ?

[1teemore] 03/11/2020 20:29

If I am correct JT has history of taking little pay/no pay out of the exploration companies unlike some other companies that I have been involved in.

[palace pete] 03/11/2020 16:59

Glad a couple of my others are stirring someone wake our pet up too long sleeping.

[peverill] 03/11/2020 14:32

What is the next tree these will hide behind.They are either going to receive an acreage or not.They have been waiting that long they could have claimed squatters rights had they camped their or on the wages they receive,built a 5 star hotel on it and claimed.

[the diddymen] 02/11/2020 15:45

Exile, I think that they have been self-isolating for the last 20 years, Cooley Whiskey withstanding.

TD

[exile] 02/11/2020 13:50

I think JT and DH may be self isolating.

[exile] 02/11/2020 08:23

News out from Paris yet ? Yawn !

[the diddymen] 01/11/2020 11:43

Always difficult to telephone yourself!

TD

[lippe] 01/11/2020 08:00

That's what passes as information ?...

[bountyfull] 31/10/2020 12:56

I suggest you stop spinning f66 you are sounding desperate now! The information I gave is current and completely up to date. Why should they appear to be confident of something happening by year end? You are talking rubbish now because you have been caught out. Telephone yourself if you are that concerned. You wont though because you know it will close you down on this point.

[lippe] 31/10/2020 09:11

The rose tinties are looking at exile the way a dog would if you were trying to explain a card to it ...

[lippe] 30/10/2020 20:28

Clontarfia, a dark place of liars cheats rampers deceivers and DOUGLAS WRIGHT ...

[fenners66] 30/10/2020 19:48

If you have contacted them - did you ask the correct question - depending upon how long ago you asked - they would have to appear to be confident of something happening before the year was up - otherwise they give you inside information that they expect no resolution - info that others are not party to - so they assume the answer is that the injunction stands until the issue is resolved - however that can still fit with the expectation that something would be resolved prior to the year ending

However the year is almost up - I suggest you ask again giving exact details of what happens when the year is up ?

[bountyfull] 30/10/2020 18:40

Of course the lock-in period was for only a period of 12 months but the broader interlocutory injunction is in force and means the lock-in shares cannot be sold until the court lifts the injunction following its review. That review is dependent upon a number of factors and of course cannot be left undone for ever. But the lock-in shares cannot be sold now or around 25 November.

We do not have to wait to 25 November though to find out - anyone concerned can email PET or the CP to find out that you are spinning and that I am telling the truth. Give it ago f66 - you may learn something?

[fenners66] 30/10/2020 18:25

Once the 25th Nov comes around we will see for ourselves when they start selling shares....

[fenners66] 30/10/2020 18:24

The "lock-in" is for a period of 12 months or earlier if they made an investment .

its simple

a temporary injunction does not re-write contracts or invent a new law preventing someone from ever selling their shares.....

[lippe] 30/10/2020 17:45

Be aware children, Douglas Wright is actually Edmund and the wardrobe leads to lolz Clontarfia ...

[lippe] 30/10/2020 17:30

Rupert Tampax and his avaricious chums going full jah wobble on Dave ...
#hoping

[fenners66] 30/10/2020 16:50

BigBudda
30 Oct '20 - 15:57 - 17855 of 17855

"then the Jungle Drums will drive the share price north on several fronts "

once again he says it all hinges on rumour and not based upon the company's actual prospects

he may be right that rumour is enough - but then who would be left holding the hand grenade when the music stops ?

[fenners66] 30/10/2020 16:47

Bountyfull - they cannot sell until around the 25th NOV 2020

Read the previous posts

"An “interlocutory” injunction is an injunction granted at any time during which a
cause of action is pending hearing (in some cases even before process has been
initiated by a plaintiff) and accordingly by it’s very nature, is provisional or
temporary,"

It has been used in this case to enforce the ORIGINAL Lock-in agreement -
"for a period being the earlier of 12 months from the date of Admission or the date of completion of a Substantial Transaction"

It is NOT used to create a new open ended agreement - which you seem to think is infinite .....

If you cannot understand that ......

[bigbudda] 30/10/2020 15:57

Once the new Oil Law gets passed which it will then the Jungle Drums will drive the share price north on several fronts and ignite the rocket it is long overdue and the long suffering shareholders can smile again GLA and a good weekend