stop the rot !!, page-8

The board have given themselves a massive pat on the back for increasing Canadian oil reserves but have not spoken about continually missing production forecasts and the boards inability to hold anyone accountable. The current Molopo oil team is incompetent.

This is very important to the future of this company because it is where the companies revenue is going to come from to complete other programmes and potentially pay a dividend.

By being an incompetent producer Molopo have decreased the value of this asset. The Molopo board have boxed us into a corner regarding oil production in the Bakken and Spearfish. At the moment this asset is marginal at best i.e. 20 bbls of oil per day per well. I would like Beck to address this issue and tell me how they are going to make this asset profitable.