I think the market is just over the promising talk and it now wants results. I would hate to see where the share price goes if Paloma disappoints.
Management have talked up the Californian assets especially Paloma. It is time for management to put some results on the board, we have had enough of promising talk and the share price reflects that. Paloma has taken over 12 months and still no definitive result.
The production performance of NSA hasnt improved over 2012.
Paris Valley has been talked about being drilled for years. I was in Salinas when they were talking about drilling Paris Valley over 4 years ago.
It is time for the Californian assets to prove their worth.
2013 is time to deliver. I always thought the Californian assets underpinned the share price but I have concerns now.
I have been in NEN for a couple of years now and patience is wearing thin!
The only good thing with all the waiting is at least we are closer to Vietnam!
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