However, page-7

The difficulties of doing business in Indonesia is irrelevant. The company announced that "the claim was ready to drill", that drilling was "imminent" something else was going to happen "soon". Since then (years) the Company has announced that it "found" some seismic data which meant they "may need to do further Seismic or may not", now they have "Environmental studies" to complete.

That drill was never going there, never will. Either the Board were criminally dishonest (unlikely) or just fundamentally and utterly incompetent/inept/useless/clueless/gullible (delete which doesn't apply).

I don't think it matters who's selling because there ain't nobody buying them!! I'm now just treating this as a $6k lesson on share trading, I feel sorry for those who have lost more than me.

Sad part is William1982 was warning us from the start about these guys and he got smashed from pillar to post from nearly everyone here!!!