appointment of new chief executive, page-42

re: good choice - welcome aboard mr potter zzedzz.

"Potter only came on board today. If he was here last week to approve that release then his appointment would have been announced last week! Thats if there was continous disclosure?"

It takes time to dot the eyes and finalise the employment contract. In the meantime, the appointee sits and waits. The Hardman ship has been rudderless for a long time and I believe it was his intervention that Hardman finally came up with a meaningful statement last week. As far as continuous exposure, we have been advised that a new CEO would be appointed by the end of the month. So we had continuous disclosure.

In my opinion, he seems to be well qualified with a good range of experience to run mid-sized oiler, with a market cap of +$1billion. Of course, he could be an absolute idiot. we can oly wait and see.

Nick