I love their comment in the most recent quarterly***Road show...

I love their comment in the most recent quarterly

***
Road show update.
During Q2, 2012, NGE management visited institutional and sophisticated investors throughout Australia, Asia, Europe and the United Sates to promote the company. Feedback from the marketing roadshow was positive.
***

Ah huh! Say what! The share price suggests otherwise NGE management!

Why aren't these sophisticated and insto investors falling over themselves and buying at these all time low prices!? Why NGE management?

Sounds more like a bloody nice holiday to me.

Looking at the quarterly statements

Q1 - Admin Costs - $474k (Q2 predicted to be $500k)
Q2 - Admin Costs - $607k
Q3 - (forecast) Admin costs - $500k

From these figures one could assume that the global "roadshow" undertaken in Q2 cost US about 100k. I'd love to know some further details about this trip...

The share price in Q2 went from 6.8c to 4.7c (30% fall)
In the same period XJO was down 3.7% and and Energy index down 17%

So NGE does twice as bad as the energy sector during the same period management are spruiking the stock globally and getting positive feedback.. Give me a break!

Shareholders want less talk from NGE management and more action!

How bout we try drilling one of our prized permits? How bout we actually get that farm-in we've been promised. How bout we put that helicopter rig we spent 3.5m on in use. After all its been in PNG for 6 months now and was purchased almost 15 months ago (The govt hold up excuse sounds weak to me)

NGE management, what was the outcome of the strategy review that was held in December 2012? Did you actually manage to come up with one which you can execute on?

NGE is the most disappointing stock in my portfolio. And that's saying something!