RIA 0.00% 3.3¢ rialto energy limited

Ann: Weekly Drilling Progress Report , page-4

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  1. 5,439 Posts.
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    Supermajor, you've raised a number of good points. I think there would be a variety of opinions here on what constitutes material or newsworthy developments throughout the G-3 drilling. It's pretty clear that their comm's fall well short of comprehensive but I've accepted that that's the way they do things and I've remained a holder. But I do think they crossed the line on G-3 which they clearly intended as an appraisal-cum-exploration well but packaged it as primarily a development well. I see no reason why they couldn't have put their cards on the table from the outset; then people wouldn't have felt misled. I suspect they've been given the message loud and clear by now that their approach was the wrong one, and I sure hope they've listened.
 
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