It still remains to be asked if eith ERM or WHARF at the time were told that the P reserves were uncalculatable and the well said 30Bcuft was present in the well.
Can we believe one ounce of any published matter that was contrived by the former managers as it seems there was a lot not told. I also refer to the fact that the Wannamal 3D was well over budget and not reported to us in any way shape or form by them and only surfaced through the forensic investigation that was done.
Those few $$$$$s could have been used elsewhere and we would not maybe in the position we are today if a more diligent and fragile board was in place over the last many years.
So much money was wasted on different things its not funny and sad to say the beloved Empire that was to be held forever a day was nothing but a cashcow for the wrong purposes and not well spent on its assets. No wonder they didn't want to let go.
There is a lot that wont come out in the wash of reports for obvious reasons, sad really but still they should be accountable for every $$$$$$s wrongly spent.
EGO Price at posting:
0.8¢ Sentiment: None Disclosure: Not Held
