conned by who, page-56

"The market doesn't have the same concerns re AOI. AOI hasn't done a 20 to 1 consolidation and then watched the sp drift back down to near the pre-consolidation levels.
AOI don't have to make big payments to Consort upon completion of first well. AOI look like they know what they are doing and don't give the impression that they are taking the piss"

You are 100% right about AOI. They did the DD thoroughly and they became involved with an arse end of an outfit that will not benefit from their mutual activity. MSSW speak with forked tongue.