Gulaptis faux pas

A complete faux pas by Gulaptis; these politicans clearly do not realise that any comment regarding a publicly listed company is potentially price sensitive and can potentially damage the goodwill component of the business. I hope our negotiators raise the price of any compensation for every instance of political incompetence that has hurt the image of the business. Even if all the NSW PEL's are bought back Metgasco is still a business with a brand that has been tainted by the NSW government through no fault of the company. This name will be carried through to any future enterprise. The government should pay for this loss of goodwill.

http://cvindependent.com.au/gulaptis-trust-the-nsw-gas-plan/

Mr Gulaptis said he didn’t “know exactly which leases, or how much of the area that [Metgasco] have under lease that we’re proposing to buy back” and declined to comment further “because I don’t want to compromise the negotiations”.
On why the government has so far failed to effectively implement the buyback scheme in the Northern Rivers region, which was the subject of gas-free declarations by the Nationals, Labor and the Greens during the March state election, Mr Gulaptis said: “Clearly the buyback is able to work best when there is mutual agreement between government and the licence holder.
“…when negotiations get tense they become a little bit more restricted when both sides are trying to extract the best deal out of it, so … I don’t really want to talk about the negotiations that are taking place.
“I think we’ll just leave that to the negotiators and put our faith in the NSW Gas Plan.
“It has worked across the state and I don’t doubt that it will work in the Northern Rivers.”