Well who knows what the real motive for the continued and inordinate suspension is ? We are only told what managment wants to disclose . Surely the books have been cleaned up by now .Also the current situation with the Saudis will increase the oil price so one would expect it may be an optimum time to bring the company back on .
Management should provide detailed regular updates and a firm timeline and keep shareholders up to speed . The lack of transparency ,delay and regular updates is concerning and causes unnecessary speculation imo .What’s behind the scenes is of no benefit to shareholders if we are not kept informed and left to speculate as to what is going on and what the board’s intention are with the company and its current assets ,its proposed asset acquisitions and when they propose to lift the voluntary suspension .
I would have thought ample time has passed for the financials to have been sorted and ratified and sentiment should now be favorable given that Saudi production is cut by half so I would assume the climate is now right to bring the company back on . All MO of course .
