Would still have liked to see the company call a trading halt on Thursday (which they would have had every right to do given the speeding ticket PDY got a few days earlier) and the announce on both PDY and AGU on Monday or Tuesday (after a positive lead from Wall Street would also have been a bonus!).
These guys have no marketing skills and need to follow the lead of some of the other explorers that have had positive drilling campaigns in the last 12 months (FMS to name one). Keeping the market informed in a way that does not incite more questions than it does answers is a start and whilst BRR interviews are great how about differentiating between the FE / DUO bids and the drilling campaign and not discussing both in the same intervew. Surely that takes the focus off the great work being done in the drilling campaign.
Here's an idea - how about contracting a decent marketing team to write the announcements, coach the BRR intervews and liase with the press / shareholders???? How about we hear from the PDY Chairman occasionally instead of just Gary Stokes??? If the companies have in the ground what they think they have the more exposure they get now will pay much higher dividends in the short to medium term.
Just my thoughts!
AGU Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held
