RE: Due diligence and re-assessment of the story4 Jun 2022 03:33
Forgive me Scott, I meant no disrespect to you and I apologize if I gave that impression. I think by and large this is one of the better boards I have ever experienced, and I respect the views, opinions, and information shared by all. My only point in all this, was that some have expressed dissatisfaction with several of the directors mentioned here from time to time. I think there is a lot of business sense in the collective membership (and shareholdings) here, and I think would greatly benefit TXP to have someone to provide the perspective of shareholders on the board. Perhaps there are other means to effectively do this, such as regular communication with management,
And MJ, Iike reading your posts, because I think you have a lot of petroleum experience and knowledge, and I like when you share your views on the technical side and that is valuable to me. With all due respect, your last post went a bit too far.
My personal stake here is much smaller probably than most, but no less dear to me. I have searched for companies like this most of my adult life, the small company that sits on promising interests, that just needs a push to reach the promised land (wall of cash); or perhaps like Jed Clampett, "boils up a bubbling crude-Black Gold-Texas Tea" (Kraken-Suriname trend extension). We will see.
I agree that there is still a lot of potential here, and think a greater sense of urgency is needed from management and Trinidad. I'd like to see this pan out, and all of us find a bar on a beach in Trinidad and have tropical drinks and pat ourselves on the back for being smart enough to do our homework and see this before the rest of the market.
Its Friday night and it has been a long week. Lets see what the annual meeting brings if anything. Maybe June 9 is the timing for Coho kickoff, although I am not going to hold my breath.