MAY 10.3% 3.2¢ melbana energy limited

Ann: Total depth reached at Zapato-1ST, page-257

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  1. 17,996 Posts.
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    Now the issue is more of a credibility rather than if there is oil at Almeida.It takes years to build trust but only takes day and a half to completely destroy it.How can an MD be so confident one day to use word MUST and then stop drilling next day?

    Absolutely spot on!

    Credibility gone and goodwill destroyed....Any statements going forward will be met with a healthy dose of skepticism which will make a share price recovery difficult

    All in my opinion
 
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