basic reason, page-6

I think youre pretty much on the money Johnny. Maybe in the end it suddenly all turns out right but for now its hard for the investor to understand what management think theyre doing.
If I wanted to do a JV, I wouldnt have things on a go slow. I would make sure my best well was shooting out oil like a volcano. Then Id say to the world, look what weve got, who wants to be in?
Why hide it and make it appear youve nothing to sell?