Loki,
Very valid points you have there. I have to agree with them unfortunately.
If Woodside were to sign the JV agreement today, the sp would most likely jump to 10-15c on that news. But they persist in doing this b@#!$#!t deal with Sentry becuase they are buddies. Well that's just great!
By doing this deal it has delayed both the drilling program with the need to raise cash, which wouldn't be required it\f a real oiler were involved. Then there is the U drilling with Leopard. All I can ssay on that one is WTF!
MHL's management are surposed to pride themselves on their reputation and if the company and sp don't get off the ground soon, they are only doing damage to themselves in the long run as I know personally I won't touch another company run by them.
I'm sure a lynch mob might be waiting at the next AGM if we don't get some progress soon.
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Loki,Very valid points you have there. I have to agree with them...
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