My very general observation is that certain sectors attract certain types of investors, who rarely stray outside those sectors. Apologies if that sounds elitist; still true, regardless. Which is to say I don't think that'll happen, SGF.
Unfortunately some people (not necessarily on here) expect to be baby-sat by these companies. I don't think anyone would accuse Apple, for instance, of being badly run and do they communicate with their shareholders more often? No. If you wanna sit with the big boys then you've got to be a big boy and accept the realities of that sector you are investing in - e.g. pharmaceutical stocks, exponential timelines for progress, O&G drilling, delays. Anyway, the gripes will be gone in accordance with the number of fingers I have.
Agree, no issue with the board or their communication (in fact, that's one of the fantastic positives about this company. Like the Traveling Wilbury's). It is what it is, no blame laid at ADV's door by me. A trifle two week delay is well worth the investment case of this company.
As for Saint-Tropez, he was on the bb's of 1 or 2 of the other companies I'm in - unrelated to oil - which should disavow some of the more illegitimate theories abounded about him.
I think SF clarified it's extremely difficult to give accurate deadlines in this sector. If it's not possible then it's not possible.
The question of whether they should give deadlines at all is another matter; although my own opinion is they should, then we know roughly where we are, hence allowing us to time our entries, exits, top-ups and trades.
Hazdogg, you didn't say that at the time. In fact, not only were there a number of comments that he DID look very confident, the media company themselves tweeted they've never seen someone so confident.
If the rig hasn't moved by tomorrow I'd expect them to be applying the finishing touches. Sell/trade at your peril - don't forget if the rig moves it is likely to be southern hemisphere daytime and hence FTSE being closed.
Bitcoin was an active participant in Friday's bloodbatg, being down 12% at one point, but has held steady since. So for those looking for indicators for market performance Monday (of which I'm not) then that should be a decent signal market normality has resumed.