technically shot to ribbons

I am a little surprised that ERN is undergoing a major management shake up in the midst of its most important drill campaign. Something is not right. I am guessing that they are having trouble with the drilling rig. As of last week they had drilled about 1,000 meters or thereabouts which is awfully slow (over about six weeks??). There may be a bunch of logistics issues at play here involving the running of exploration in Namnia at a time of critical shortages due to boom conditions.

IMHO this will take some time to clear up and the SP will suffer as a result. I am completely out of ERN at this stage. Sold half at around 90 but kept a substantial core position that is now gone (ouch). Last of the oppies went at 40.5.