js report, page-83

Hey BM,


This is a hypothetical and academic post and is not based on fact, but opinion and my own various hypothetical scenarios which i use to rationally explain how a company could possibly get to where MAE is, if everything was above board.

(((PLS read this as an opinion and not a fact.
In saying this, I am not intending to ramp nor cause any personal harm to directors, but to contribute fair discussion about a sick company, for some resolve - and to provide an angle which no-one has considered from what i have read, which could explain how MAE got to where it is now.
MAE got here based on field results which fully and wholly contradicted the promises and data which was shown and progress report that were sent to us by one individual who called all the shots for the whole company)))

So here goes:


Have you ever considered that this investment didnt fall to common greed by Directors, but from one persons personal madness emotionally impaired judgements of technical field information?
I mean not just bad training or lack of skill...something more avoidable/senile.

It happens everyday...judgement impaired people work in every industry and some excell too.

I honestly think that its a pheasable as any theory, that JC has simply lied to everyone over 4 years, even his mates, because he knows that MAEs Clear Creek play copst him a mint and it represents the last girlfriend of his youth, before he goes impotent...as it were
- (fading career/retirement analogy)

And its possible that he is trying to convince bystanders (investors and employees and contractors sacked) that the relationship (the C.C and O.K. plays) still holds some virility.

My opinion within this theory is that its possible that he's like Nero, playing his fiddle, while Rome burns.

Its as possible as anything that he was unstable and potentially in denial to have NOT revealed VITAL and visceral information to shareholder (nay - he HID it for 8 months before fulfilling the ASX disclosure laws) about failed Fracture Stimulation and problematic down hole debris .
Within the realm of this hypothetical, its fitting to say that JC was/is happy in his madness to be blissfully ignorant of the LAW - to disclose sensitive info as soon as practiceable - and or incapable - or both.

I do believe - academically only - that if he was tried for this etc, that he would not be held responsible due to it potentially being a result of passion.
He has shown that he was hell bent on not revealing the facts as they occurred and then substituting them by reporting his own hopes
- in the form of hiding details and highlighting the 1960's wells that no longer exist and which were shut in for a very good reason.

Was/is he blind and is the damage he caused presenting as a result of some madness?


You be the judge, but he isnt on top anymore, he is beside the guy who is on top now - hopefully not advising him.

Please MAE, let the DATA advise Jay Stratton, not words.


Its worth considering when there have been so many other suggestions so far....

I do know that he refused to answer many of my questions at the AGM and that my recordings (which assist me due to my ill health, just keep telling me i should have picked up on the inconsistencies a long time ago).


Cheers

LAutrec