re: Ann: Regal secures USD7 million for its g...
LL,
You can count me in making further enquiries regarding the omission of UCTL in their report/announcement.
I think Forbes Oil and gas should be biting the bullet and calling a spade a spade and insisting on answers or settlement from RER's Angus Edgar and Rohan Gillespie. They, IMO, are in a stronger position than us SH's to do something within a reasonable time frame, that I suspect they have given RER.
I understand there are confidentiality agreements or similar in place that probably stops FOG from being proactive in pushing for what they are owed, but if there are rorts or misinformation taking place, RER should be made to account for their actions.
Unbelievable that no mention of UCTL in today's announcement.
RAVI
NZC Price at posting:
5.5¢ Sentiment: None Disclosure: Held