Billabong, Sail and Anchor, Blackdog, Tooheys, Coopers, Little Creature, Bootleg 4 & 5, and Matilda Bay 1 have all been shut in since 9 September - over 2 and a half months. Fracking was due to be completed at the end of September, then middle of November. Here we are at the end of November and no mention in today's announcement of any progress made. In my view that is totally unacceptable.
I am getting the very strong impression that the BOD are treating shareholders with complete and utter contempt possibly due to the voting down of their outrageous money grab at the AGM. If that is the case it is nothing more than childish petulance.
SSN Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held
