requisitioning an egm..., page-54

yes, as investors we all want to eliminate uncertainty, but maybe they don't know when they will secure a rig.

Do you really expect them to say "we don't know"?
Sometimes details are not readily available.


I agree that the technical team needs a major overhaul.
They have failed too many times.

- electrical delays not detected or revealed to market in time.
- Laurel deepening
- Nicolay overshoot
- Gibb-Maitland rig stuff up.

The tail wags the dog and I am surprised this has been allowed to go on for this long.


It's just one thing after another.
I can "almost" understand the 75% giveaway to COP for their technical expertise (we are yet to see the benefits), which was unnecessarily high. It should have been 50-50 like BRU's JV.

So commercially soft.
Technically inept.
GOod thing they have cash.



I'm sorry to talk this stock down.
I was a very enthusiastic holder of NSE, but management have let themselves down.