Ann: Board and Management Changes, page-109

I still don't understand how after selling out of Thai assets at an unbelievable price and making game changing discoveries, with so much more potential and an oil price going gangbusters many SHs (me included) are either under water or at break even on a decade+ long shareholding. Go figure!! Hopefully we'll realise a good profit but this does not include time value of money. I'm not even going to do the calculations.

I hope Nero pushes STO for more drilling to enhance the returns. Somehow I think their efforts will fall on deaf ears. IMO STO has lost interest in this project and want to focus on more user friendly OS jurisdictions. I can completely understand this. Sad but true. WDS may be more enthusiastic given their local experience and clout with government.