In the last operational advisory on 2MAY12 (15 days ago) we were told:
* jet pump up and running on Defender.
* SoA#2 Spud and drilling at 1,050ft.
Why has nothing (officially) happened since?
Has Defender produced nothing?
Surely the surface casing has been set on SoA#2. Is that not worthy of an announcement? Are we drilling ahead or looking for a new drill rig? Who knows?
What happened to the concept of weekly updates while drilling?
[back into my box or a while but far from happy.]
The share price continues to fall and the Company says nothing. Is it any wonder investors walk and ask why the hell should the management benefit from the LTIP?
I have not yet voted NO but am having a lot of trouble convincing myself why I shouldn't.
SSN Price at posting:
7.6¢ Sentiment: None Disclosure: Held
