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10.0¢ armour energy limited

I’m pretty new here so don’t know all the history but alarm...

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Sk1nman

4,707 Posts.

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11/04/23

00:30

Post #: 67207866
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Originally posted by bm3121: ↑

Did any one else note that in the Director's Report that company had no civil action being taken against or for it. No update as to what is happening or has happened to the civil action taken out last year concerning the gel problem costing some $700,000 to repair. Nothing has been announced as to whether production has been returned to pre-gel issue and whether it has increased to the level that was expected. Surely in the Director's Report we could/should have been advised with an update on this recent court action and simply telling us that no new civil action has occurred is utter garbage. If this action has been concluded and or resolved why not advise us. The entity which put up the $700k to carry out the repairs were guaranteed a considerable profitable return. Repeated over and over again, e.g., CCZ & SOLG.

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I’m pretty new here so don’t know all the history but alarm bells are ringing when I see CCZ as IMO they are one of the dodgiest around. What’s the link?

AJQ Price at posting: 0.5¢ Sentiment: Hold Disclosure: Held
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