They've managed another full quarter with no achievements.
Nothing on Galilee, Mahalo North or Mahalo East - all of which they control and can't blame partners. No obvious activity on Mahalo itself - no progress in raising finance or selling the gas, activities which are under their control.
I'm sure I will get the usual series of comments questioning my motives for making comments but that's missing the point. These directors and their management team are just not delivering anything and haven't done for a long time. They are not the right people to be in charge of these assets. Despite this, they seem to be happy to pocket shareholders' money.
COI Price at posting:
6.9¢ Sentiment: None Disclosure: Not Held
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