Roznov,If I knew that key directors are involve in so many...

Roznov,
If I knew that key directors are involve in so many companies, I would not putted my money in key (in particular T.E).

You think this is not a problem and I think this is a major problem.

Can I give u one example?
The 1 million$ workover they did a few month ago. In 5 minutes work they could find out that Midmar did the same workover and the production rates went up to 120 barrels and then down to 45 barrles (per day). Why they did the same thing? Can't they Google the internet? Can they pick up the phone and ask Midmar for information? When they paid the 4 million$ (actuall not they paid...we paid) did they do proper research about the true value for the UK field? or they have one or more of the following attitude:

1- "it is not my money anyway"
2- "I am really busy right now"
3- "Gambling is fun when u gamble with other people money" 4- " No problem. I see my salary goes to my account without any problem. Lucky, I approve it for myself"
5- "Who is gonna fire me for my poor performance?"
6- "Who cares? I love asx and spec companies"
7- "We do not have any institution as a major shareholders, so scattered shareholders are unable to do anything"
8- "We took Hardman from 5 million$ to 1.5 Billion$. So, it does not matter if we screw key shareholders and other companies as well"
9- "So far life is good and I am happy life it is good for me and not for the shareholders"
10 - "If u are not a director in spec company, u will never know what u are missing"
11- "flights, hotels, conferences, Wimbeldon tournament,..."


You do not need to agree with me. The SP agree with everything I mentioned above.