JocamUnfortunately their level of reporting, to me, has always...

Jocam

Unfortunately their level of reporting, to me, has always been of this quality. There comes a time when the excuse of letting the drill but do the talking is over-you also need to communicate clearly your position. Oil/Gas revenues/expenses are actually pretty simple stuff and as such should be explained that way.

Psa has some vg assets in a vg market and probably some vg drilling prospects but I read a lot of oil/gas results and I have never been able to nail down exactly Psa present or future position.

It is not good enough for its shareholders- I have traded the stock once but wont hold in my portfolio notwithstanding it may have as many prospects as an arq for example- I therefore hold an arq etc.