It’s the same old story. No one knows what AP is doing. Is he trying a remedial action, is he switching focus 100% to Amistad as he did Alameda to Zapato and strangely bragged about it. His penchant to do exactly what he wants and inform shareholders later is now entrenched in SH minds. The silence is deafening and leaves the market no where to go.
I have been pointing out for years how badly the Zapato decision screwed all the retailer investors and no one wanted to listen but now when every single man and woman has been burned the penny has dropped. IMO AP has made decisions no oiler would, learning on the job is at our expense. His current silence is not acceptable. The company has no direction except a somewhat diffident throw away about focusing on Amistad. What is the plan for Al3, what is happening with the rig, is there a rig booked for Amistad, what wells are planned, what is the current financial position?
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- Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir)
Ann: Block 9 Alameda 3 Appraisal Update (Alameda reservoir), page-741
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