Olliesky/Diver I wasn't being in the least sarcastic but giving you some help. Clearly you haven't worked that out yet but I'm sure you will. Anyway if you want to 'blast off' at the BoD I suggest you go to the next AGM and do so there where you should be listened to properly and answered by the BoD as doing so on here is a futile exercise.
Diver 69 Well said sir.bod are disgrace effectively running the company into the ground for their personal benefit. The company should be mothballed and cash protected until such time as market conditions change. Are you listening bod ????
Been here since the beginning, average of £2.27 per share, I wanted to invest a good chunk of my pension into a solid company. When I found out about the salaries being paid it hurt, it looks as though I won't be retiring any time soon. Yes I may be foolish, but when you have grafted all your life and you see this going on, I'm sorry but I'm fuming.
I don't consider waiting this long as looking for quick profits. I just don't like whats been happening i.e. all negative sentiment while the BOD sit and take their huge salaries for seemingly doing not much to bollster any confidence. Can't blame small PI's for being angry. We have been lagging behind other oilers with much less cash in the bank, less proven oil in the ground and producing less than us.
You aint seen nothing yet. Be surprised if not down to mid teens in a few weeks as nothing to support anything else. Not deramping just realistic. Please please prove me wrong as Im losing a few quid too, believe me.
While we can't really second guess someone it seems quite normal to me that PMO has bought enough time this way to advance the project without having to give it away at a low price to any third party. In other words once it gets to a certain point PMO will have enough leverage to drive a reasonable bargain with any newcomer to the deal which is exactly what we should hope for as long as PMO doesn't kill it by wanting too much.
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