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clock Created with Sketch. 10/12/14
17:29
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Originally posted by gregga
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It's OK Mrnuddles, after all the rubbish we've had to deal with over the years it's perfectly fine to be pessimistic..... I hear you loud and clear! I'm actually at the point now where the burning flame of "potential & confidence in the company" has become dim and cold...I've lost so much of my capital (yes my fault for not getting out early) that I'm just going to leave it there. If QPN comes good, which I highly doubt, then fair enough maybe I've scrapped back 50% of my holdings and I can bail, and if it folds then a hard lesson learnt. Yes I'd like to try and keep on the (slightly) positive side with respect to the future of this company but fair dinkum some of the dribble I've had to read on this forum lately regarding how good our management is nearly made me gag on my beer. The only redeeming feature of this move is that we (a) they have a new direction and (b) they are operating in a stable country. The elephant in the room is the current oil price. So I say to management - stop stuffing about your shareholders (especially the long term ones) and do something that will add runs to the board. But the problem is...how many times have we asked this only to see months of silence.??? Time will tell....
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I'm not really sure what your talking about. In the last month the odds of folding has gone from fairly good to almost nil, and the odds of producing at low-cost have gone from almost nil to an almost certainty. YES, time WILL tell....
