Near 1.9 million on admin ?? wtf!!!
We certainly are not getting value for our money.
A3 pushed out to next year sometime, more likely 2017
![Frown](styles/default/xenforo/clear.png)
What happened to q4 2015 ???
And more of the same old lines "timing dependent upon equipment availability and the regulatory approvals process."
I read that as, nothing has been booked or planned, we have no idea when work will commence.
The Xanadu Prospect suffers the same as A3
" The timing of drilling Xanadu-1 is dependent upon a range of factors including government approvals process, rig availability and securing a suitable farm-out partner."
No farm out partner
No rigs booked
Government approvals??? thought that would have been taken care of by now.