RE: West Phoenix20 Nov 2018 19:47
Murray you need to reflect on your own posts particularly those on 10th and 18th November which are completely contrary. You have chosen to claim knowledge about rigs and yet have not stated how you are qualified? Are you a Rig Engineer, rousterbout or what? Since arriving here at the end of September you have failed to do any research into the stock in which invested except to ramp.
I do not have Oil Rig expertise but do conduct a thorough evaluation of Company's in whom I invest. This includes Contract management, work timelines, projected expenditure, general assessment of a company's risk and reward potential etc As a result of the recent fire on WP and PSA investigation I made a direct enquiry to the PSA, as anyone can, to establish whether or not the investigation had completed. The answer has been posted. Don't tell me about Legal protocols because you clearly know little or nothing about the Freedom of Information observed by Statutory Authorities.
If Investors have a genuine interest in this Company and it's Associates they would do well to make full and proper research. Acting like a Barrack Room Lawyer, who knows very little, may suit your Investment strategy, some of us are here for the long haul and not a fast buck.