CIG 0.00% 6.0¢ caspian oil & gas limited

Ann: West Mailisu No2 Well Update , page-4

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 17,248 Posts.
    lightbulb Created with Sketch. 52
    Agreed niclou,just reread the 2011 annual report,incredibly GP was given a $30 K bonus,just way incredulous.
    This guy still has no runs on the board and they give him a bonus.
    I accept that the oil is heavy,interesting they havnt looked at steam.
    They should forget the frac and just radial drill,then frac and if they havnt sourced the right pump by then sack GP.
    The cynic in me thinks ther deliberately delaying operations,to conserve cash,until more cash comes their way,via the means I suggested the other day.

    Raider
 
watchlist Created with Sketch. Add CIG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.