Doubts and suspicions were definitely raised in the Matanda days and subsequently the onshore kwanza crap.
I asked numerous times on this forum, why the company could announce that they have already secured the onshore kwanza oil leases with Nexoil when clearly it was still in application stage. No one seem to have thought anything was wrong with the announcement which clearly was a ploy in hindsight.
Matanda was raised by others that the offshore block the company said we secured was actually owned by another company. Again alarm bells were dismissed and brushed aside by pep talk here.
Very unfortunate so many got caught up in this. Clearly ms was given too much faith by shareholders.
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