I think that's very harsh on Ken. MEL had previously received a speeding ticket and had significant volume going through; with the result clearly material for the company. I'd argue that any company should go into a halt if a positive result could be worth more than their market cap. They clearly called it once they'd seen that the Dongara was water wet. That's good corporate governance, and I'm honestly surprised that VEN didn't treat things at the same level of materiality.
Ann: Cervantes-1 oil exploration well, page-43
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
