Ben Turney has just revealed HERE how the discredited Peter Sztyk, the CEO of New World Oil & Gas (NEW) told today’s investor call that the company would spunk two thirds of its £3 million net cash on a new well (to follow its previous duster) in Belize within weeks. This is price sensitive information. This should have been issued via an RNS.
This is a flagrant breach of AIM Rules. Will the Nomad to tis company – Mr Roland “fatty” Cornish of Beaumont Cornish stand idly by? Step one there must be an RNS. Step 2 Mr Sztyk must stand down with immediate effect for this flagrant abuse of the basic rules of AIM.
Fatty this is a clear call.