I agree with you and I am fuming, something is not right.
The board has just given HDR away and why??? They had after the last raising plenty of cash in the bank.
Chinguetti was still bringing more cash in and to finance the drilling and the Uganda development.
And they have basically closed the door by totally signing off on it. Would you not leave the door open for a better offer to get the best results for the shareholders???
I wish we could get the current board removed, how can this board face its shareholders??
The shareprice has been manipulated downwards and the Uganda results played down.
I have always believed that Uganda was going to be big , and every hole they drilled has resulted in oil and good flowing oil on top of that.
Hopefully the true will come out in the next coming weeks and the imho corrupt dealings in the last couple of months will be exposed.
I am disgusted and can still not believe that Simon Potter just throw this company for the lions.
jojo
HDR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held