RE: Reality23 Jul 2022 12:00
I read your post about Art and his journey to this point with great interest.
Reading between the lines you paint a picture of an extremely "driven" man who has a vision of creating a mid tier oil company and will stop at nothing to achieve it.
If it means only partial disclosure,smoke and mirrors and yes, even the odd Porkie to get there then so be it.
Once you accept Art for what he is,what he wants and re prepared to join him for the ride,then fine!!
The thing is I wonder how many of us would be comfortable with our investment if we really and truly were prepared to turn a 'blind eye' to Arts pseudo Machievellian modus operandi.
Are we still ok with not asking hard questions like where did the money go from the original raise for Cuda. As Tiburn now concerns it probably went on keeping the company going. Are we happy to still support a CEO who says no more Placing and then within weeks does the opposite.
If I'm charitable I'd say he did these things to enable our survival. And if I'm not then he's just another unscrupulous CEO keeping himself and this mates in some style.
Ok. We now have arrived at some sort of Tipping point. There can be no more excuses. Yes there are tubular shortages but I cant5 see this being a deal breaker. Not for much longer anyway.
So now it's time to deliver. He's got the cash. The RS Report is imminent and it's a Big Number. The oil is there. The pressures are being sorted and Production surely is about to soar Even the Grouse are about to fledge.
The Golden Period is almost upon us.
Go for it Art and this time make all our dreams come true.!!