"While we can always look at 'a glass half full' around the new well; around the fact that we could get Surprise to possible deliver more than the 400bbl/day ... assign risk and if those did not materialise - once again we are insolvent."
SH,
Really mate, what next. You continue to find excuses for this Board, but unless you are speaking on their behalf, or you are part of it or related to anyone of them, you know "zilch" and only guessing.
To start with, didn't this useless current board that we have, issued soon after that a heap of new shares to some friendlies, with a huge amount of oppies to follow as well, and for the purpose of further drillings?
So what was wrong to continue drilling then if they raised that money with that same thing in mind.???
Why are you continuing to evade that question, and put forward another question instead?
As for the Accrual Accounting part, well, what can I say. I can only tell you that you can keep on dreaming about the Accounting part. And not just the "principles", about putting it to practice too.
IMHO, something sucks with their doings, and it sucks up big. Especially when they haven't come up with anything at all to prove that what JH released, and that was posted in this Forum, was wrong.
One would have thought that if they had proofs that what JH released was wrong they would have been all over it like there is no tomorrow, and made a fool of JH.
The fact remains that they didn't. What does that tell you??
The silence is deafening.
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