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11:07
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Originally posted by Dozen:
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I have found that when small exploration companies or those that are developing processing technology start taking on a majority of board members from the top end of town and used to operating very large companies then it usually foretells a bad period ahead. They usually come from central casting as recruited by a large US or British recruitment firm. They just don't know how to operate a small company that has to be careful with its funds and cashflow. And they tend to have no regard for small shareholders, never having to think about them in a big company environment. This bloke was senior with BG that made a total hash of their takeover of Qld Gas and developing the CSG operations in Qld. They wrote off about $Bn from memory, sent BG broke and hence the takeover by Shell.
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He had nothing what so ever to do with the BG takeover of QGC and Sunshine Gas. But who ever was in charge at that time made me a bunch of gold 20c to $5 was not complaining. Maxwell was running COE in 2012 when they were looking at Bridgeport Energy. Dozen pretty sure I would rather Maxwell running the show then you !!!!
