kit67,
Be mindful that the company monitors the threads on HotCopper, these accusations are quite serious in nature and could be looked into.
I think the company could be a bit more transparent currently regarding to issues but there is a lot going on. We will all have a chance to ask questions directly on a webinar coming soon.
The perceived issue with Sonangol comes down to the fact that Melbana as operator is paying upfront currently on JV expenditures even though we are a 30% equity holder. This could quickly get out of hand until a deal is made on financing that is agreed to also by Sonangol at a JV level. I know that AP has been to Angola and that he has also been talking with various institutions. Rest assured he is working on a solution, the fun of being the man in charge is a lot of responsibility to keep the party going. The plans won't come cheap and there is a lot of running space in the acreage even after determining how big the lower sheet discovery at Marti/alameda really is.
best of luck holders
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