What have we got?
A percentage of 75k bbls that we haven't been paid for as yet.
Directors who gave themselves a HUGE pay rise at the last AGM (and no doubt it will be on again soon)
Guyane which i've heard about for the last 3 years.
Uganda. seems there might be something there.
A company that is shorted on a regualr basis (and the shorters always seem to win)
A land rig that continues to have have problems at critical times (mmmm)
A court case against one of our parteners.
We have gone our own way (not with our parteners) to sell oil. Good or bad I'm not sure.
I thought the intent of a JV was all to work together. I've missed something here.
A few have mentioned Macca's. Don't know how that works.
In short I guess we haven't got all that much apart from blue blue sky.
A lot of people have a go at John Doran (ROC) Mm. i remember when they were the poor cousins behind us. ( yea I know, they're producing etc etc)
Any gains we make are lost within a couple of days. ( I think the traders have been winning over the last 2 years)
If we do get somthing at Guyane (if we ever drill there) how long will it take to develop the field given it's taken this long to get Ching on line?
A steady $2.00 in 1 year, $3.00 in 2 years and if where lucky $5.00 in 5 - 8 years.
That's my whinge for the day. Have a good one
Regards
Gerber
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