Interesting that the TXO announcement said nothing about this.
Interesting that the Alpha announcement did not say how the 20% would be subcribed for. They do not have the cash and so far appear to be making no attempt to raise it.
The guff about VA receiver and manager is just that. A receiver was appointed at the last minute to be able to appeal the licence refusal. GSLM assets get sold into TOG (presumably for just enough to cover the liqudators and receivers fees) GSLM becomes and empty shell that gets deregistered ie the end of the liquidation process.
Ie as the biggest single holder although not a majority holder it would appear, contrary to BG's hopes.
And
Hooray we still have more Bendallian BS to look forward to! I had a feeling they would not be able to gag the idiot for long.
Great news! I especially like the part that indicates "commercialization of oil and gas". looking at the new partnership gives me a clear indication that, "YES!" we will continue on the quest for OIL!
and the price of a barrel of oil continues at around the 90 to 100 range.....
with gasoline prices hitting near record prices..AGAIN!!!!
seems that EEGC will be drilling at just the right time!
at these prices EEGC is at a great entry point for anyone willing to gamble some cash!!!
This release is not filed at SEC nor is it shown at Yahoo Finance. There is something fishy about it.
If it does eventually find its way there Malcolm still might have time to learn the difference between "compliment" and "complement" and make the necessary correction.