RE: Energy voice22 Oct 2016 13:47
I will definitely be voting NO & I am more than annoyed to discover that XEL has been i insolvency mode since last year & Cole acted the part so well in IMO giving misleading info @ recent AGM , not to mention the legal insurance to protect him & bod @ our expense! If the BH are stupid enough to give a fool as Cole even more hard cash then they deserve the position they find themselves in, no doubt if the thia was voted through Cole would be toast very soon after. I do not think they really want the hassle , just their money + a nice profit( who can blame them) back. We all knew the fundamentals here are solid, the financials are the problem, Cole has upset the apple cart in this regard several times over ie Yorkville, RBL ..Do it like a major' & now the BH's are left wondering where his baloney has got them...he is joke..a bad one that we are all paying for.
I k take the points that Cyan & JJ are saying & its hard to argue against, but the main problem here for the Pi's is 'We' have let this become an emotional share..the worst kind...its our own fault, I've been crowing for over a year this did not add up but like a blasted idiot did NOT take my own advice, why , because I believed( still do ) in the fundamental, th oil is there & can be lifted & sold to market, but not with a half wit at the helm!
I do think we are stuffed TBH but if I'm going over cliff edge, so is Cole & co!