oil exploration and the risk/rewards associated with it are one...

oil exploration and the risk/rewards associated with it are one thing and i am more than comfortable with that risk.

i am having trouble accepting that the story fed to investors around times of capital raising is even remotely anything like what is really going on behind the scenes.

this is where my regulator rant comes into it. they are a PO box for tick a box rubbish. anyone not convinced that 'insider' shennanigans go on pre and post cap raising is just downright dumb imo. proiving anything in a court of law is another issue and where our laws and 'overseers' favour those doing the bending over rather than those being bent over.

news of 1000 barrells per day and multiple wells and self funding was running rife when they needed money at levels 5 times where we are at now ... what's happened since? and all the eggs in one basket now to top it off. Where's the accountability?

ahhhh there's my weekly rant. off for a coffee, i need a hit. :)