Stevo, It's not in my nature to ignore posters and both Cato and...

Stevo,
It's not in my nature to ignore posters and both Cato and Swanie present the negative side with some goods points made.

What I would like the Board to do is a strategic review of their operations both here and in Brazil.
There must be cost savings to be made by cutting the overheads and even reducing the management salaries by 10- 15 % . I can't see the Hosking family doing this but it would be the right and responsible thing to do.

With only " deals " to be anyalized by the board it is hard to see what all the support staff have to do before the
drilling starts in Brazil in the October /December quarter.

Well that's my two bob's worth and in the meantime I am happy to bide my time.

A timely positive announcement would be handy.

Any new ideas would be most welcome rather than regurgitating all the old stuff.
Cheers,

J L.