just what is going on, page-4

kermit,
Yeah, you are correct, very frustrated with the extremely slow progress.
You might note also that the last time a Monthly Operational Update was issued by management was on the 13th September last year.
This report was instigated by the current CEO's predecessor so i guess we can assume the current CEO does not believe this is of any value to his shareholders, or that he has nothing to report on.
The reason i am now questioning his performance is that he has added new directors (Lord someone or other,) was going to list on the London AIM and look at developing new project opportunities, none of which has been achieved to date.
The # 2 well is still an uncertain quantity and they are now obviously behind or have experienced problems with the Production facility?
The current share price validifies my concerns IMO.
Cheers,
dapper