HHR 0.00% 0.6¢ hartshead resources nl

Ann: Notice of AGM and Draft Proxy Form 2015, page-9

  1. 1,531 Posts.
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    For you all to sit there and be keyboard warriors posting all these comments saying management are overpaid because they lost so much value makes you all look so ridiculous and naive. I take it you are all the ones that thought the drill was done deal and you'd all be millionaires by now?

    The SP is down where it is as MZ-1 was a duster, nothing management can do about that. They found a prospect, worked it, farmed it out very well and when it came time to drill, the well was dry. This is frontier O&G exploration 101 where the odds were always against success, more so PVD as Morocco had been a graveyard to the spud date. They get paid to do a job and that's look for where oil might be and the reality is its hard to find and to date they've done the job as best as they could have. Normally these guys jump ship and move on after company making dusters and they have to still get paid to keep working on then next prospect, is 5m shares too much, maybe, but what would you all know is and isn't too much and no one is going to do this job for free. At the end of the day, the losses you have are all your own fault, not management's and you need to get it together and filling the thread with such rubbish posts.
 
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