oh thank christ for that! bergen terminated, page-6

Dumping Bergen may be a good decision, but bloody costly so goa better have a good reason going forward. After all the board made the decision that caused all this. Anyway now know where the Bergen proceeds went. Instead of drilling and aerial surveys they spent it to exit the Bergen arrangement that gave them the money to start with. So gone full circle with nothing to show for the cash except a stock price a fraction of what it was before any of this started. If goa comes out ok in the long run, probably more to do with fortunate resource finds - really difficult to see how managerial skills come into play. But I could be wrong - this could be a well executed game of chess - either that or they're idiot savants.