Why I'm taking cujo off ignore, page-48

Actually for those posters who submitted a forecast, what do you think are the reasons that it never materialised?

- Was it a failure of drilling campaign? (11/11)
- Was it that oil price din't recover? (Almost trebled from a low of $28, but at least doubled sustainably)
- Was it lack of new development opportunities? (SAMO 800MB plus other SNE opportunities)
- Was it cash? ($29M in the bank plus another $19M from Petronas on the way)
- Was it perceived threat of PE litigation or even missed PE opportunity? ("$1M" limited downside)

Interested in any opinions.
~50% is a good but not sensational return over 3 years even if all came from last 3 months but obviously many others had a much higher expectation too. What's the reason(s) we aren't all rich yet - even if we can afford James Squire instead of VB (at the moment anyway).

Cheers.