re: potter Wow acamanas - you sure stick to your story.
Whats this about Hardman being in problems - it has cash and it has cash flow. It has projects that it can schedule. It has acreage and projects it can farm out.
The only thing stopping Hardman at present are things that we don't know about.
We don't know how good Uganda is - becuase Potter seems to choke on saying anything positive and upbeat. Tullow, which seems to know as much as Potter seem to have a different view. Interesting.
We have another company maker in Guyanne - but we will never get to find out - because Potter -despite many encouraging statements about early farm outs - has announced and produced nothing - not even an explanation. What we do have is an indication that Tullow are planning to drill Guyanne late 2007. Tullow seem to know more than Potter - and certainly more than the long suffering Hardman sharholders who currently own this asset!!
Some Australian management have fought for the value of their companies in takeover situations - and they were loved by the shareholders for it. Potter is not one of them - he has embraced the first low ball offer he has in a time of share price weakness - and gone to ground - the COO is now making all the annoucements.
No one minds a takeover offer - h*ck - we welcome them.
This one stinks - the manner stinks, the background stinks the relationship between the players, corporate and personal stinks.
Acamanas, thats why posters on this board are so angry.
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