So the capital that was being raised 'for drilling' was actually...

So the capital that was being raised 'for drilling' was actually earmarked for new tanks with no disclosure?!

No wonder management didn't put anything in.

What was the story with the 'wax buildup' or was that just a red herring?

Why would all the tanks start leaking simultaneously?
I presume serious corrosion of the problem could not be corrected with welding?

Are those fields worth redeeming or is it just pouring more good money after bad? We must be up to around 15 million on those lemons by now and no end in sight. Seems to me quite a few UK contractors and consultants must have made a good couple of million from us on that project.