Once again the spin doctors have been at work at our expense. Number one item on the update "Disclaimer". First sentence states " This presentation may contain forward looking statements that are subject to RISK FACTORS associated with the gas and energy industry."
At this point in time the biggest risk factors we shareholders face are the board and management.
Executive chairman, John C. Ellice-Flint from 2000 until 2008 was Santos managing director.During his tenure as MD, Santos market capitalization increased from AUD 3 billion to AUD 11 billion.
After reading his cirriculum vitae, it is obvious he has been in and out of the doors of several companies over the years . Time to lift his game in relation to BUL or resign.
CEO and MD, John Phillips needs to do likewise. We shareholders are absolutely fed up .
If Bul is to become an economically viable company, a board spill is required.
As I mentioned, in an earlier post, we have time on our hands to get organized before the next AGM.
Let us get cracking.
BUL Price at posting:
5.1¢ Sentiment: None Disclosure: Held
