Give JPT a chance8 Feb 2019 15:12
We don’t know what went on behind the scenes since Vonk got involved with Angus.
Thinks may not be what they appear to be.
Yes, the July RNS said that JTP was to continue as non executive Operations Director - FACT.
However, how do we know what Vonk said in the RNS is a fact? How do we know that JPT was actually involved with Operations, no matter what the RNS said. Has Vonk always told the full truth? Two RNSs from Vonk on Brockham testing implied that all is good:
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ANGS&ArticleCode=5ssbxhk4&ArticleHeadline=Operations_update
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ANGS&ArticleCode=glwzax18&ArticleHeadline=Retraction_of_Requisition_of_GM__Board_Changes
- read them again, as we now found out is not ok. Never said anything about Lidsey either, only doing 20 BOD, If I recall correctly, last Vonk’s RNS on that stated circa 200 BOD.
For all we know JPT may have not been able to act as he wished under Vonk, nobody knows. Everybody does mistakes anyway.
Alan was praising a new guy, don’t remember his name, not important, is the guy with a good CV that Alan liked. What happened? This guy had all the drilling logs in his possession (it appears to be the case anyway) and yet he perforated the water zone!!! - Even Alan can get it wrong.
Now is a new era in Angus. We are where we are, give the guy a chance.
Tidswell has been very good recently with information.
Today the SP was heading in the low 4p area ... until JPT tweeted ... and the SP reversed direction ... and is now on the up.
Give the guy a chance to act under the environment that he wants ... after all he is the one that created Angus. Give the new BOD a chance.
The information flow has substantially improved. We can now also give them feedback - how many other companies you can do that?
This recent change no doubt is a good think. It will benefit Angus in the long run ... We all know that the oil is in the ground waiting to come out ... lots of it judging by Horsehill and Balcombe.
IMO, it will come good, if you are a PI, give Tidswell and the new BOD a chance please, it makes sense.