I'm gonna sound like a cranky old fart, but I think this latest tid bit we have been drip feed just re-enforces the feeling many have, (myself included) that the companies ability or will to keep shareholders & the market informed is seriously lacking.
We have had no update of any kind for over 1 month (Last was 25/3/13) and all of a sudden, hidden away in the quarterly we have Condensate produced from the Carynginia.
This in itself it a significant occurance which should have its own announcment. Also I'm sure they just didn't find this out yesterday, so the market has been un-informed for x ammount of time imo.
If they threw this out a week or 2 ago, I'm sure there would have been great reception from the market & a bit more support for the poor old shareprice.
Same goes for decision to workover the well, it was under consideration last update. Decision made by JV to proceed in qtrly. Was that too just decided yesterday, I would imagine not. It should have been announced prior whenever the decision was made, as I see that as big positive that something is being done, rather than sitting on hands preserving cash...
& dont even get me started on the are we flowing or are we not flowing presently thing. I'd say not, but that gonna be an internet war because the co cant tell us clearly what is going on.
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