Philley, our CEO is an unknown quantity to me. The only thing I have to go on is the performance of his father, CEO of the nameless company that is also our largest shareholder.
Now that we are drilling we are getting to see some of his mettle.
The fact that Buru were happy to hand over control of Cyrene #1 is an endorsement of him, I've also been impressed with the daily drilling reports and the level of detail.
My main criticism was the detailed information was rather technical in nature and for relative novices like myself was rather meaningless without a point of reference. However the announcement on Monday was quite good as it provided more explanatory remarks along with the technical info. Note I plan to call the company tomorrow or Friday to thank them for that detailed announcement.
KEY Price at posting:
2.7¢ Sentiment: Hold Disclosure: Held