RE: If I worked there05 Feb 2021 22:08
A shock but not a shocker IMO. Initially I was upset, angry confused. I re-read the RNS again later and realised that this is the best way forward for maximum profitability on cascabel. In hindsight of what we know now, that our satellite projects will now potentially be included in the plan, just focusing on Alpala may have been highly inefficient.
I’m hoping to being some positive feelings to the board tonight. We still have a top 10 asset with two majors on board, for now. Yes we’ve been set back a few months regarding SP but if we were given the choice of the old route vs the new route then I believe we’d all vote for the direction taken today.
What has annoyed a lot of investors is the change of tack, but in the long run it seems to be the correct decision.
All IMO of course.
ATB
Barry