NZ Oil & Gas (NZO)

[fish]

[QUOTE=RTM;977583]

Thanks for the reminder.
And I just see this pop up in the announcements....
"Palm Valley 12 Update – Interim Flow Test Result"
Sounds positive as well.

I guess on a personal basis, irrespective of what I am seeing, I am not quite sure when I will see a benefit, dividend or share price growth.
I don't really care which.

On a side note...the post you have quoted is attributable to RTM.
Should have been Sideshow Bob...seems Share Trader has its nickers in a twist ?

Well looks like the gas flow has woken someone up.
weighted average price 44 cents on a reasonable volume.
should keep heading up as more become aware that NZO currents earnings of 10cps multiply.
AGM coming up which may deliver more good news

[BWR]

Oilers, don't overlook voting yes to resolutions 4 & 5 at the Annual Meeting. With OGOG voting NO the resolutions have no show - but that's the whole point of putting the resolutions forward.

[Sideshow Bob]

On a side note...the post you have quoted is attributable to RTM.
Should have been Sideshow Bob...seems Share Trader has its nickers in a twist ?

Correct, that post quoted as mine wasn't mine.

[fish]

Oilers, don't overlook voting yes to resolutions 4 & 5 at the Annual Meeting. With OGOG voting NO the resolutions have no show - but that's the whole point of putting the resolutions forward.

Thanks for doing this BWR .
Minority shareholders are not represented on the Board.
What is your intention after the NO vote ?

[BWR]

Fish, the only further intention is to send a question to be addressed at the annual meeting, asking the Board to explain why it recommends that shareholders vote against resolutions 4 & 5.

They give no reason for their recommendation, despite it being contrary to the interests of every other shareholder in the company.

[digger]

Fish, the only further intention is to send a question to be addressed at the annual meeting, asking the Board to explain why it recommends that shareholders vote against resolutions 4 & 5.

They give no reason for their recommendation, despite it being contrary to the interests of every other shareholder in the company.

Good to see your still around,keeping an eye on things. Will do.

[BWR]

Good to see your still around,keeping an eye on things. Will do.

Likewise Digger.

This is the question sent to NZOG today:

Question :
In the Notice of 2022 Annual Meeting Explanatory Notes, Note 5 relating to Shareholder Proposals Amendments to Constitution states:
THE BOARD DOES NOT SUPPORT THE RESOLUTIONS. THE BOARD RECOMMENDS THAT YOU VOTE AGAINST RESOLUTIONS 4 & 5.
The Board gives no reason or justification for this recommendation which potentially is against the interests of the approximately 4046 other shareholders in the company.
Would the Board please provide shareholders with the reasons why it does not support resolutions 4 & 5, and how it justifies it’s otherwise unsupported recommendation?

[Lion]

Yes, thanks Brian R. for keeping an eye on things. I find the legal jargon a bit dense at times.
I've just voted Yes to resolutions 4 & 5.

With income increasing and a commitment to pay some as dividends, we may just get a divvy sometime. It would give the SP a much-needed boost.

[SPC]

Have voted yes to resolutions 4&5.

[digger]

Have voted yes to resolutions 4&5.

So have I . Not that it will make any difference to outcome,but as said before will make a point.