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President’s Daughter to Head Angola’s Oil Giant, page-5

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Timmyk

2,239 Posts.

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05/06/16

14:22

Post #: 17955411
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Originally posted by eshmun ↑

After Massive Shake Up, President’s Daughter to Head Angola’s Oil Giant

http://oilprice.com/Latest-Energy-N...ghter-to-Head-Angolas-State-Run-Oil-Gian.html

These stories in Africa where the political elite pocket all the wealth don't generally end well. I don't know why I continue to hold, apathy I suppose.

Are they really going to do any damage with that Toyota mounted drill rig on targets that large. I think not....lol, but in the low probability that they can with that rig and if the below quote from SW is accurate they are admitting they don't mind being in breach of continuous disclosure. Can't really believe these words were spoken at the meeting. Eshmun

http://hotcopper.com.au/threads/ann...2778807/page-32?post_id=17916673#.V1OX3ZBJntQ

Shareholder – How long do you expect it will take for approval of the kimberlite exploration license…what happens if we tap the potential source of the big diamonds in the meantime?

SW – Look, we don’t think it’s going to take as long as the last time which took just over a year, but never stopped us working. ENDIAMA/partners said please carry on and we’re likely to do the same now. Your question about tapping the potential source in that period – well, we just won’t release results until we get a rubber stamp.

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And I guess there in lies the problem with a transcript, they don't pick up on sarcasm particularly well.
LOM Price at posting: 34.5¢ Sentiment: Buy Disclosure: Held
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President’s Daughter to Head Angola’s Oil Giant, page-5

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