There endeth the lesson - completed.
in 25 years of trading in oil shares i do not think i have seen a worse example of absolutely and completely mis managing the assets of a company.
there is NOTHING in this saga that is attributable to GFC, riots, bad weather, no rigs, elections and whatever other excuse usede by many.
Vitol takes them to cleaners because RIA managed to put themselves in such a position. thats business and the guys running this Co should be out of the business, former and current management
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