Correct - the apparent inability of Methanol Australia to pull together a deal in the manner in which they advised they would appears has cost many people (incl me) a lot of money.
The absolute arrogance of Jurgen Heimlich in saying "if you don't like it, sell" is disgusting to me when the moron seemingly isn't even capable of predicting, within months and moths, of when our farmi-in deal will be completed.
In my opinion, MEO are not to be trusted as they are completely incapable of delivering anything tangeable for investors - at this stage, 30 days out from the end of 2010, the fools have not even made their commitment to drill WA360P.
The CR was done, the SP plummeted accordingly but where is the ANN??
I believe we have been screwed... and screwed by an idiot which makes it even worse.
I sincerely hope that it comes good for holders.
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