Doctor John.
Thank you for your post.
I have a few question for you the same as Griffo and he did not reply to any.
The first one I was rather surprised you said you wondered what was going on and you are taking action not knowing what was going on.
That is not an action a Doctor would take he would find out what was going on before taking action
You say the remediation cost is excessive did you see Harrys post of a cost of another well of $15m for a remediation what bases have you that our cost is excessive.
Drilling 4 wells in 2016 do you think the drop in the oil price would have had any effect on achieving that goal?
Farm in partners we have experienced directors trying now how are you going to get one we are in a position where it is in the farm in partners advantage at the moment they may want to much.
You blame the SP drop on the board seeing most of the other oil companies have dropped about the same what is your explanation for the other companies .
Drill Lockyer as soon as possible what is your reason to think they are not doing that.
Pay down dept and drill where are contemplating getting the funds from to say that you must have something in mind.
I appreciate your to endeavor to improve the situation but after your post it is not any different to what we have now.
For the life of me I cannot see how you can raise $10 from a farmin partner to drill a well with a market cap of $30m without giving too much away I would think that is the position we are in at the moment may be you could give a short explanation of the plan of attack.
If you cannot get afarm in partner at good terms what are going to say we cannot get one or we are in negotiations the is no guarantee that you can get one on good terms and we are back where we are now
We all know what wants to be fixed and you have repeated what most poster on HC keep repeating and you have not posted one thing on how you are going to do it.
I do not think I am being negative I just want positive answers before I change my vote.
Add to My Watchlist
What is My Watchlist?