the new board?, page-5

ICN's biggest priority right now is proving reserves. Then they can start talking about contending with the likes of Pure for market value.

The current board, while relinquishing a lot to Stanwell for very cheap, are nonetheless still heading toward that certification.

What do Baldwin and co propose? Certainly better deals can be done - ones that are commensurate with Arrow/Pure bidding rates - but only once reserves are certified.

How is Baldwin going to prove reserves? If they've got their eye on a farm-in partner then let us know NOW, otherwise their whole campaign for control seems to be built on smoke and mirrors too.

We could do a lot worse than the current board if we put one in that has no plan moving forward. Yes they may draw less salary, but right now there's nothing to say they could see 12 months pass with no drilling activity either. If the challengers haven't got something lined up now to get that going, then I think if they get voted in, they'll be further behind the game than the current board.