directors contempt towards shareholders , page-33

elgaes,

Perhaps you missed the 2013 report

Operating Results for the Period
Year ended
31 December 2013
Year ended
31 December 2012
Production (BCFe) 0.8 1.0
Production ('000 BOE) 219 224
Sales revenue ($mil.) 24.686 26.531
Overall net profit / (loss) after tax ($mil.) 22.943 (7.929)
Operating cashflow ($mil.) 16.541 11.444

Production down from 2012 in both BCFe & BOE terms, sales revenue down from 2012as well.

So where exactly is the "I will just look at the performance in term of year on year production and revenue steady increase and the potential for more of that."

When it clearly states production and revenue both fell during 2013.

The report also shows that by the company's own calculation its NPV10 is $282.8M, so how exactly do you get $500M+

Existing production will repay outstanding debt, I don't think so.

LOTM