Ann: Appendix 3B - Share Appreciation Rights, page-3

These guys have presided over a dramatic collapse in price, missed production targets and a number of other failures. Yes! There has been a dramatic drop in price of oil and with that a drop in MCE sentiment and oil exploration budgets but the rot had begun long before the drop in price of oil. Now they have spent a heap of time and energy setting themselves up for rewards for their incompetence. This is nothing new for a public company and I am getting sick to death of it! Instead of working hard to develop new products for different segments of the economy. This management team do not inspire me and this "appreciation" issue is proof positive that they stink!