ayo = good thing or all hot air?

With AYO, I was of the same opinion as Jocam9 for a long time - that AYO was being overhyped, and therefore was running the risk of the price suddenly collapsing.

After the appointment of McLaughlin as CEO I thouhght that a man of his experience and standing would not join a company that was all hype. Clearly he would be privy to information that we haven't seen. So I decided I would have a closer look at AYO.

I liked what I saw. Lots of exploration blue sky. Good prices for gas, and increasing cash flow to fund exploration and developement. Turkey a net importer of gas, so selling gas should be relatively easy. In partnership with the government owned gas company. Groceler online in a very acceptable timeframe. Looks like ADA and CRAY will be brought on stream very quickly as well - may not make Dec deadline, but I am sure that they will be selling gas within a reasonable timeframe.

In sumamry, they do what they say they are going to do (within normal time delays). They deliver the goods.

Also like the daily drilling reports that give plenty of technical detail. I am sure many shareholder are much the wiser for their upfront reporting.

I was especially impressed when they let the other JV partners soe risk the testing of Yes-1, and cut their losses on this well.

I purchased around 5 or 6 weeks ago after Yes-1 was declared a duster.

Cheers,
gdn