They appeared to be bereft of ideas.
They simply have failed to tackle their costs! Why did they not heed falling IO prices during 2012? That was the warning signal they needed to lower their "all in cost".
Q4 results stems from a lack of foresight and urgency in reducing costs.
Now the cash burn begins.
Everything has gone pear shaped from the very moment David Flanagan stepped down from running the show.
They appeared to be bereft of ideas. They simply have failed to...
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