Totally agree with you GohillsBoots, as a ex procurement officer with BP, major projects do have slippage measures built in, from the concept to completion an inevitable delay is expected, but never initially declared.
Buying volume higher than sells
but sp drops...could there be a big background sell going on or MM games?
RE: Re: KSA 17.04
Seconded (re harlequin). I have also run a small company dealing with big customers (including Saudi Aramco!) and it IS at times difficult and frustrating. Also I think it's not fair to blame the BOD for the later LONO programme. This was not slippage, it was a deliberate rescheduling of the programme to end up with a better final solution.
Excellently put colinH100.. I have not run my own business but have been involved with the sharp end of business deals. I have complete faith in our BOD and what they will eventually achieve for the company and shareholders alike. You have to be patient with this company but the rewards will be visible and very acceptable. GL
Budget approval by Saudi Aramco normally happens in October going by previous years, so by the end of Q4 at the latest hopefully. Delays are unfortunate, but part of the game we are in. We are dealing with MASSIVE companies and conglomerates, where many signatures are required. Personally I would rather have it this way than be dealing with two bob companies. The prize at the end game will be so much bigger ;-) Have patience, you will be rewarded. I've only been a shareholder here for just over a year, there are many who have been holding for 4 or 5 times that, and from what I read, they are still more than happy to hold and wait. "From small acorns....." and all that other cliche nonsense.
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