tend to agree Mikey15 Oct 2012 14:12
Dereks just done another stering presentation in Leeds apparently where he continued to blather on about creating shareholder value, (sic) how under valued nop is and the usual. He claimed wessex bid by total valued the gyanne norpet company at 150,000,000. Dont think maths is a srong point he forgot to deduct the placing by wsx to raise 12 million.
Been looking at the time line of itinery ( of increased activity,sic) for nop over next 12 months and quite honestly it looks like they downed tools. More paperwork on Italy, no news at all on uk. I note we are partners in uk with ISG gas who just paid 66 million dollars for PVR's uk assets, if they have any money left perhaps they would be kind enough to relieve us of ours, since Derek clearly does'nt have the time for hands on work. Results from gyanne coud be in by year end so I expect the whole board of nop have their feet up waiting for Shell to excell. Nice work if you can get it at £1000 a day every day of the year for delivering the occaissional presentations and boring people to tears. There is value here. Will we get it in our lifetime?