re: hardman is bullet proof If we listen to our CEO, Hardman has...

re: hardman is bullet proof If we listen to our CEO, Hardman has now made the transition from junior explorer to producer and expects to be Australias third oil major.

Therefore we are told that the company is evolving and not going backwards. Hardman supposedly have some of the most lucrative acreages in the world and the new team have added even more value.

In the current environment of historically high oil prices we have seen the sp go from $2.56 down to $1.70 even with all the new exciting prospects such as Guyane, Suriname, Uganda and 2 others yet to be announced.

I see the problem as one of a lack of confidence in management and although Simon has a lot going for him he needs to take more of a leadership role and drive the ship rather than try to explain why holes are appearing in the hull.