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0.2¢ gasfields limited

Tulainyo 1 was already drilled and not part of this project -...

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Jonnylitch

642 Posts.

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20/02/19

20:36

Post #: 37506750
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Originally posted by Gammie: ↑

Oh he is being transparent alright , its just not what we want to hear or what we originally got into this share for (Tulaiyo Gas Well Drill no 1 and 2 ) Oh anyone recall there was a second one we "had cash for " and a clock we were watching before the BIG payoff and on-top of that there is nothing anyone can do to extricate themself due to the trading halt .
Yes he is telling us all he is going to put in for the share uptake shortfall, ( Which judging from the current shareholder sentiment is likely to be the whole parcel) on the new cap raise from what I can recall.
Anyway can't recall, but here is question for you ...while in suspension can he trigger the consolidation that he announced to reduce dilution post the cap raise?

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Tulainyo 1 was already drilled and not part of this project - they were looking for oil not gas. Magnum joined in for number 2 and from memory, there were 2 or 3 additional drill sites proposed - which never eventuated.

Around this time, huge consulting fees (over $1,000,000) were being paid to Ochre - another FD company - now delisted.

REL Price at posting: 0.2¢ Sentiment: None Disclosure: Held
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