Re:Richie31 Oct 2018 09:51
9th Oct 2018
"During this period of transition, we are also going to review our assets in order to allocate our financial resources in a disciplined manner to the project portfolio that we believe will maximise the Company's returns. Initially, this will require us to put on hold development activity, including the recompletion and assessment work scheduled on the Austin Chalk Wells in Gonzalez County, Texas. We will be sending a team to visit all the field operations during the second half of October and once we have addressed the operational and leadership issues, we will update the market accordingly with plans for increasing current production and field development."
By the way (did ask you a while back) is Align still promoting Mayan as a 'screaming BUY HOLD or SELL' .....?
Personally I think it is a great opportunity for your clients to average down given whats happened to the share price but that might be a tricky phone call for you to make as your comments on this board and elsewhere has imo contributed to where the price is now.
Hope you have a nice bag of sweets when the trick or treat mob knock on your door tonight!