because VPE had initially promised to get drilling in the first half of 09, then the 3rd quarter and then finally the 2nd half and really didn't do much at all with the bloody permit.
It cost me a 7-8 bagger in BOW. What a decision :( hehe
Putting all that aside, I see the value that you do Tui. I am just uncertain about when it will be realised. It has been a ver long time coming wouldn't you say?
It seems having BG as a partner has not benefited shareholders in expediting certification process or holding VPE to account.
For a company with so much cash and cashflow, VPE has been disappointing. It should have done more.
You have had teh golden touch in csg and this might well come good, but you would have to say it has been the most disappointing of your selections given its potential and it mostly controls its destiny with a surefire permit in PL 171.
decisions for share/option holders, page-3
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