If Sues explaination of including cashflow into the Admin expenses is even partially true I would expect an updated and corrected quarterly report to be issued to the stock exchange immediately. Without an amended report I would conclude the quarterly is correct and consistant when compared to other companies Admin expenses.
With regards to Chets I dont see how the current CEO could have done anything more that would have made the drill a success. All the planning and positioning of the well were done before the CEO arrived. What else should have done? More updates would not have changed the result.
HOG Price at posting:
13.0¢ Sentiment: None Disclosure: Not Held