It may be that the board have spent the last 10 weeks searching for the telephone, it's glowing in the dark but they still can't find it, they asked they're surveyor to try and find it as he may have more luck with telephones than oil. f.a.b
Good sentiment about provoking an information reaction from the BOD, but we need to be clear about the objective. IMO its not to be a nuisance to the company or threaten a mass sale of shares, but to indicate what areas we would like information on and when its likely to be provided. e.g. - are we still using the same resource that did the data analysis and interpretation in Namibia, for future projects, or is that being addressed. - if the Namibia opportunity was to be re-run what would be done differently, and what is the effect on future projects - to what degree (if any) did the drills "false start" and re-position compromise the final result - could we learn from the "under promise- over deliver" motto, ( bit tongue in cheek, that one)
Yes agree PR is most important---something TRP fully supported all the time they THOUGHT we were all going to be ´minted´--Glowing in the Dark---Oil patches seen on the Surface of the Sea etc but now when we need them to explain what went SOOOO wrong--they are no where to be seen. And I do not care how much Andy M blows his top and says how hard they have worked and how little time they have had off, and how much THEY have all lost, it makes no excuse with me whatsoever to now have left--to date--11weeks with no word of explanation to us shareholders. For many they have to do a lot of grovelling to get our confidence back. At least make an interim statement as to what IS going on--PLEASE!!!!
Yeah a little statement like 'we will get back to you with our next steps in the near future'. Seems so long ago now. Blimey. Still stuck here myself but unlike some of you I am not heavily in here although it does hurt a bit as my cash flow is somewhat restricted and I am certainly not well off. Hope we all at least recoup our money. GLA
Just like others, on paper I lost quite a few quid here on June 13th, but we all made our own decisions based on the information provided (tinged with a hint of greed). But to me the really galling aspect of TRP is that there has been no "holding statement", not a full blown post mortem, just a " we understand everyones interest and will get back to you with the results of the review asap" kind of statement. It would have been good to see an interim statement like that on the website. It feels like everyone at TRP went on holiday on June 14th and thought "we'll sort that when we get back". This company has a massive PR hurdle to overcome, to generate any interest in future projects. Public/shareholder perception is key to success, - keep people informed, good or bad news.
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