Every other week, I look forlornly for some news, some indication that the management is doing something, for example, an indication that India is moving forwards. I hope that the short term issues with GSPC are being addressed, I look for the long term news of the extension to the lease, I look for news on whether the next well is a sole risked well, I look for news on how much GSPC is paying off its debt, I look for news on how the Oilex management is changing the way is manages India, I look for news on how the Canning opportunity is being played and I look for expectations as to what the management will do over the next 3 months and any updates on the strategies. But all I hear is silence, no reports to read, no news to digest. it seems that either the management is completely incompetent or they have nothing to say (write) because they don't know how to achieve.
OEX Price at posting:
0.8¢ Sentiment: None Disclosure: Not Held
