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01/05/13
13:16
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Ian if it were that simple.
I noticed there is never any mention in any posts regarding the
1) noteholders take of profits on SRH#5
2) decline curves kicking in and obvious reduction in revenue
3) inability to keep up the drilling of new wells to keep above the decline curve
4) This management continually shutting in wells for no reasons whatsoever.
Surely you must take these vital points into your appraisal of this coy ?
I am expecting they will go to the shareholders for another cash injection very soon. Not a great deal there to keep the Steve gravy income going .
Regards
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