CE1 0.00% 0.8¢ calima energy limited

Ann: Tommy Lakes and Montney acreage sold for A$12 million, page-7

  1. 8,355 Posts.
    lightbulb Created with Sketch. 2998
    So they couldn't sell Brooks and Thorsby.
    Then they wasted money trying to get a farmin for Montney.
    The results were good, but they couldn't achieve that.
    So they sold it instead.
    And the guy who actually displayed some proven capacity to drill holes and get oil flowing - Kovall - has left.
    Seems like the guys who are left are 'corporate manoeuvrers' and they can't even do that properly.
    I'm quite shocked and disgusted by this move.
    And surely this type of big decision requires shareholder approval?
    After all, this used to be the company's one main asset.

    Last edited by invertedva: 25/08/23
 
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