After calming myself down, I had a thought. What if Gareth put out this report as a way to see hands. Bare with me,
1.cxo has national project status with only 10% drilled, as well as other resources. None of it is reflected in the SP.
2. He wants people to believe it's a sh!t show. The next 2 years production is the same as the last 2 moths. Stop and start. The forecast is based on the worst it can be. They are making improvements, real production has to be higher.
3. Let's paint this as a sh!t show and see how many short term retailers there are on board. Let's see the banks ratings at its worst and with whom.
4 see which party and how many are going to show their hands at wanting to TO with the SP at its worst. The bids can be reject and need approval.
5. You wouldn't add new directors and try to improve going forward if it was a sh!t show. He has a plan going forward that no one knows. Adding people to realise total real assets value with a base price in place.
All the above is theory of course.
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