jdick I spoke to James Cruickshank in early October.
It was allways the intention to sell if the latest well results were NOT good.
Unfortunatley it took a long time to get to the point where all wells in the recent campaign showed their value.
The full value has not been achieved as yet, but from clean up operations, so far, the practical people made the observation that we are on a winner. Hence why would you cash in a valuable resource for less than half its value.? I am of the belief that the AZZ SP will reach much greater heights than even management were hoping.
Once again, there is no instant gratification in the Oil & Gas industry.
I would suggest to all those who contribute to this forum may increase their understanding of their company by actually picking up the phone and talking to James.
This is his job and his investment.
Incidently ,I have not spoken to him since.
Cheers IFINO
AZZ Price at posting:
37.5¢ Sentiment: Buy Disclosure: Held