CE1 0.00% 0.9¢ calima energy limited

Ann: Underwritten Rights Issue - Extension of Closing Date, page-13

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  1. 11,076 Posts.
    lightbulb Created with Sketch. 3730
    An old saying is not to confuse "Ambition and Ability"

    Loads and loads of "ambition". Not so much of "ability"

    The mistake made by most of us (me included) was to give the benefit of the doubt to their ability, starting with the geoscience aspect and ending with operational execution. As the damage from the force(s) of nature are tallied its a case of "move along folks, nothing to see here".

    Can't see their presentation adding anything we either don't already know or suspect, nor do I expect any form of mea culpa (my mea culpa is basically should have believed what I know to be true and that the likelihood of "something special" up in the NE BC Montney was low .... but greed on speculation generally wins because you put in a small amount for the big payoff).

    Enjoy the area CW ... time away from CE1 wouldn't be so bad would it?
 
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