Offensive!! We shareholders are the ones that should be offended by the insult to our intelligence with such unsubstantiated, speculative crap from our CEO, saying things like "it would appear that drilling has intersected a large, naturally fractured and over-pressured oil reservoir as the oil “spewed out” of the well bore and covered the rig and the crew" and the ASX allowing it to be published.
4,500ft down and you don't think that that is GUESSING, without supporting facts??
Reminds me of a certain other MD who has since been sacked in disgrace, saying things like "it would appear that we have discovered a lake of oil", ramping up the SP and then selling his own shares!!
I'm not suggesting anything like that, and if you try to actually READ my post, I'm just pointing out what appears to be a gross inconsistency by the ASX in applying its own rules and that maybe we should be a little sceptical until we do receive the FACTS.
The "market" seems to agree with that view with the drying up of trade.
Offensive!!! We shareholders should all be offended by the insult to our intelligence with comments from our CEO like
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