No, the directors have not breached their duties, the release disclaimer says enough.... they may say that the small rise in oil production from 2020 reflects the phase 2 production but because they may farm out 90%of their 50%, the production uplift is small....or whatever.... they can say whatever they like in regards to projections, because that's all they are...my point is that I think they are underestimating ROC's oil production for later on when phase 2 commences. They may say this is prudent management but when you are selling yourself, you talk yourself up, not down.
Cheers
Dan
ROC Price at posting:
49.0¢ Sentiment: LT Buy Disclosure: Held