RE: Deputy PM - $2.2 BILLION Going DIRECTLY to Private Renewable Energy Sector10 Nov 2025 14:20
In general, I'm OK with the job Buck has done and is doing and it's clearly been a tough environment to do business in for many years, Covid notwithstanding. However, I also think there are questions to be answered about the last year in particular and I hope Malcy puts a few to him on our behalf. In the end of the day, in the last year since H1 came onstream, that well has continued to produce ok although at nothing like the output we were initially led to believe, and Gazelle has been opened up in the last month to produce 200 bopd. That's it. In a year. So for 11 months prior to Gazelle there was no tangible progress in any direction - no increase in bopd, no farm-out, no progress with Chinese on the withholding issue, nothing concrete from Sunsteppe, no RBL. Don't get me wrong, I'm happy to wait but any CEO whose company produces so little progress in a full year needs to have their feet held to the fire for the sake of accountability. I'll continue to hold and remain bullish but I believe that those charged with making the decisions at the head of any organisation should always be made to be accountable in public.