With the fiasco of the SPP behind us and drilling is taking place where they/me are hopeful of at least finding 100k bbls to create a cashflow for the next 12 months we can go about finding new oil. Cutting back on the salary bill I would think would assist that. I wonder if Mr Parsons took up the options or participated in the SPP? I don't see any directors buying shares in CIG of late....
As I said to the lady on the phone about the SPP - tell them to find some oil!!!!!
CIG Price at posting:
14.0¢ Sentiment: LT Buy Disclosure: Held
