PPP pan pacific petroleum nl

latest vietnam announcement, page-68

  1. 8,259 Posts.
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    "Just how stupid do you think the Directers are."

    They are obviously gamblers too.
    They took a gamble on being able to get 15% of 07/03 and hoped that PetroVietnam would not be interested in taking up its pre-emptive right.

    The fact that the Directors or Tom Prudence have gone to ground, are not taking phone calls and instead require emailed questions that they don't respond to ........well that seems to tell me that they are feeling rather foolish and stupid about now.

    They have not been prepared to issue any further comment other than the one released yesterday in the announcement where the critical bit of the message just happened to appear on the top of the second page.

    Okay I suppose that they indicated that "a further update will be provided when the details of the PVEP position are confirmed".

    But you would think that in the light of the reaction and flood of enquiries from shareholders they would have thought it wise to make another clarifying comment.
 
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