CIG caspian oil & gas limited

agm, page-2

  1. 28,648 Posts.
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    I guess your talking about one of the gas prospects-easy to monetise,if succesful crusaders.
    My thoughts are yes we could ,if it were a duster,we'd probably have to sell the rest of the PRU shares to stay afloat.
    I stated some time ago I was going to go to the agm,Ihavent got cold feet,just cant see any point now.
    Its clear theres not going to be a major shakeup of the senior management so the status quo will remain.
    Inept decision making will continue unabated.
    From the annual report 2 wells drilled using our rig for STO,yes we got paid for it but who really benefitted?
    Forget the cashflow,what was CIGs profit from this drilling program?.
    And why isnt our $5 million investment (the drill rig) working more often?
    They talk about the Tashbuluk structure 4 Km in depth which our rig cant drill.
 
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