directors contempt towards shareholders , page-26

LOTM thanks for the figures.
I think the problem at Antares is the lack of a suitable Exploration / Production manager.
James Cruickshank has indicated in the annual rep that the loss of Matt Gentry & (I think the other was probably Howard McLachlan way back)not being salaried sufficiantly by Oilfield current standards.(Howard still holds his shares)
I note this is the first time I have seen "Management" considering a partner in the way ahead, options.
I also note that James also has lost 20% in his shares value as fellow shareholders have.
I have followed this company through the south of Western Australia tightgas, Turkey , then to Texas shale and now in the Permian.
During that time the share price has been as low as 8cps up to 80ish cps.
When the price was high I pondered switching to Aurora.
I lament that.
I think James is a shrewd operator, I may have "Rose coloured glasses" I am in for the long run, am not part of management can not influence the company or the share price.
I do get tired of reading the armchair experts and hence fired up with the last couple of posts. Thats how I feel.
If I hit a raw nerve or3 sorry.
Out of interest folks like to post their wins on trading.
FYI I will post my loss. $550.000.00 aud when Australian Ethanol folded. In 2008 (AAE.)
Not something I am proud of, but life goes on.
Point is chasing dreams does not work.
Chasing The Permian will when the right people are in the loop. James is good at capital management, the team needs "Experienced Oilmen".
So finally patience is needed.
As is normal with O&G shares ,the month gap between quarter end and the quarterly report with all juniors, reveal a lot of transactions that are lost in the real balance sheet for a futher three months.
Brace yourself for news before the end of April.

Cheers IFINO