NSE new standard energy limited

didn't need this distraction motherload here

  1. 37,286 Posts.
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    ""didn't need this distraction mother load here""..

    statement like "we are going to give major commitment to our Australian Prospects during 2014". we are heading in the right direction to become a major player in the Canning Basin.

    which means drill as many exploration wells as possible.

    the honey hole is in our own backyard.

    IMO the U.S prospects are smoke and mirrors with other things being planned by "you guess the name(s)".

    they had Condon chalked down as an early drill prospect for 2014. that's gone out of the window due to U.S commitments.

    the share price you could say reflects the "snail pace" which we've seen over the past few years.

    the value would have been "stay here, they've got some great JVP's on the books".

    it wouldn't take much to find a few more with deep pockets.

    will shareholders have enough will power to reject recent transactions.????

    if they don't it seems like you can kiss your company goodbye....there's two players whom want this company no matter what it takes.

    very sad all round...."so close, but yet so far away".

    pidding money down the toilet with drilling commitments in the U.S which wont add much if any value. the wells are mickey mouse and Donald duck stuff.
    ....
 
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