again the announcements lack information, the market expects numbers and all they get is PR stuff. sure PR has its place, but the strategy of shutting in to allow pressure build up is fine, but the market sees 85 days of clean up and another delay to production testing. why cant we see the numbers? the market interprets this reluctance on the news being bad.
what was the pressure build up during the 12.5 days shut in period?
a 12.5 days production test will not expose decline rates, but if it does, we are in big trouble here.
Give them hell at the AGM. Don't let them give BS. they need to explain their actions and the reasons for the poor performance over the past year. I wish you all good luck with this crazy company that has great assets and very poor quality leadership.
OEX Price at posting:
7.0¢ Sentiment: None Disclosure: Not Held
