40 days ago
It was on deadline day, 30 April that Predator Oil & Gas (PRD) posted its calendar 2025 numbers which were utterly abject and showed a balance sheet with huge net current liabilities and a company burning cash. Natch the demented old cock in charge Pal Griffiths insisted that the company was fully funded for 12 months, a claim I debunked on the day HERE.
378 days ago
2905 days ago
That insolvent Andalas Energy (ADL) is undertaking a placing is no shock. It is insolvent with negative net current assets of at least £400,000 but thanks to some fairly sordid share ramping it has managed to raise a gross £1 million at 0.02p. The ramping of shares in this company with worthless assets is pretty unpleasant but what is laid bare in the news is the sheer greed of City advisers notably brokers Novum – of Jon Belliss and Gavin “I made £750k from Globo - Burnell infamy – and Optiva.