stumpy you make some good points this being said I think you and I are making assumptions which ultimately the company should provide better guidance around namely expected production going forward from vali and Odin fields.
The $64,000 question has to be will the company cover off these fundamental questions in their update.
The whole trust us we got this hasn’t worked out too well to date for shareholders. They need to show us some numbers as to how O2 should improve the position going forward before shareholders shell out more $$$$
I expect the company would not have to front up to shareholders now and extend the offer had they of raised the capital they needed - shareholders seemingly one bitten twice shy
MEL Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
(20min delay)