re: now bid for premier oil tullow pr cheer team, page-15

re: cash flow projection So if the projections shown by SilentPartnr are reasonably accurate, you have to ask why the h3ll this company is being sold off.

Did Simon and the board simply cave in to pressure from the instos to get the share price back to reasonable levels and took the first lowball offer that came along?

This is the sort of thing that happens when you get a whole bunch of ex-middle managers running a company, rather than people who have started and grown businesses. No vision, no commitment and no guts.