Tiptop I'm very disappointed! The sp is slipping back and will very likely be below 2.5p tomorrow and we didn't have the party. I just knew this would happen! I have expressed concern before now. Where has all the optimism gone? Surely we can't blame celtichearts day traders? Could it really be another duster? Bring back stuard detmer! All is forgiven!
Oh, and by the way, on my Desert Island Discs lists (I am still in mourning).
It seems to me that unlike we long term, commmited LTH's, many Johnny come lately's are not so used to the Radio silence and total lack of PR that we long suffering shareholders are well used to here and are expressing their dissatisfaction and lack of commitment to the cause with their feet. Maybe they "smell a rat"? For how many years have we here been smelling that same rat? Predictable? But so bloody unnecessary.
But to your point yesterday TT, yes AEX do agree we need to act like a "big boy" and not pander to the "crowd" as that circus clown NR does; but at times like this don't you wish we had a "master of ceremonies"? Immaterial in the longer term I hear you say and , yes, I would agree. And maybe it is better if we shed our fair weather friends? However this will become a big issue for us if ever we expect to attract some serious "II's" to our fold - they require "performance" to pay their wages and if they perceive AEX being light weight on their PR and marketing duties it will impact their ROC.... shareholder value is critical in share selection; that is why the likes of BP, Shell et al spend so much money ensuring their Institutional Investors get maximum "bang for their buck"......
So TT, this playing like a "big boy" plays both ways - the perception of being "professional" and selective with information will be more than offset if the II's think that their investment will not be optimised through poor PR and lack of focus when getting the "message" out to the market.
Being perceived as a company the II's can trust with their investment is critcal in getting those II's to bolster our sp. That requires selling the story. We have been so used to this lack of "connection" - new investors will not be so forgiving and will equally "vote with their feet" - PI's and II's alike....
Do ARA care? It plays into their hands perhaps? Laughing all the way to the bank. (With our profit)
Could we have a show of hands on my proposal that the word duster be banned forthwith and a short stint of water - boarding be organised for those who insist on using it. Positivity and patience reqd now. Could be two weeks before we get the good news. You know how slowly wheels of Aminex grind. GLA
I'd like to think they would release when TD has been reached with a briefing of what was encountered, with testing to follow if required. I doubt any extended well testing would be required if the flow rates are 20mcf plus.
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