Seals, hi" to protect your position on Mehdiabad you would...

Seals, hi

" to protect your position on Mehdiabad you would effectively hamstring the company on doing anything else for fear of transferring Mehdiabad 'value'."

I don't see why Sandpiper development can't proceed without the unnecessary additional Mehdiabad dilution created by buying Wonarah. We do not need Wonarah to go ahead with Sandpiper development?

Jordinson being not as informed on Iran as his predecessor and in lacking interest in the region (I bet he prefers to the sports pages to boring op-eds on Iran in the Wall Street Journal) is bad enough (he is supposed to expand his competences to cope with the company's assets not reduce the shareholders' interest in the asset to match his competency?), but the exchange terms of Mehdiabad for Wonarah are so bad that only a blithering idiot would go ahead with it. And arrogating to himself that he knows better than his shareholders with his level of interest is quite simply despicable. He is not fit to be MD of a public company, IMO. I expect CRC shareholders rue the day he ever became MD of their company. But there we are - these things are sent to try us.

On the prospects for regime change, it is not all my way: there has been an article in the Atlantic suggesting Israel is bluffing. Nevertheless I remain confident Iran regime change will happen very soon: I just won't be profiting from it with Jordinson in charge.