Did I miss something I ask? Other than the company's total...

Did I miss something I ask?

Other than the company's total contempt for ordinary shareholders.

How are you able to prepare a half yearly report in such a format, when as far as I'm aware the board of directors hasn't actually got an official offer from anyone for the company's assets that they find acceptable. Let alone inform the market of such an offer.

Perhaps its a great way to hide what's been going on.

Just look at page 13 of the report

Apparently the company's revenue increased a little (by $650K) yet our cost of these sales dropped by $4M. So the gross profit went from $0.9M to $5.6M (hmm how does that happen when you have more wells producing I ask as each adds to your cost base).

How come we couldn't get such a good return previously, is what we need to ask.

Maybe page 6 shed's a little light on it. Our receipts from customers fell by $0.6M yet our payments to suppliers and employees rose by $7.9M!

how does that stack up?

I hope those of you who voted to keep the existing directors are pleased with the report.

Frankly its a joke

LOTM