ann:coe, page-3

Can anyone explain why this announcement was represented as being important?
Fred...................

NO..........
This """DEAL""" has to be the shonkiest proposal i have ever seen since trading on the stock market.

My guess is the company cannot pay the drilling contractors in the UK so the concrete foudation that has been laid is sitting there waiting for a rig that will never arrive.
Their excuse that they are awaiting a suitable rig is a load of crap.

I had my prostate checked out yesterday by my MD and it wasn't too pleasant, but that fades into insignificance by what KEY management and directors have done to me and all other shareholders.