Hi Av, you raise some good points, especially about the need for cash soon, and as I have already raised ,.....the amount required to pay out and terminate the current Board.
I dont see it exactly as the lesser of two evils.I see it as the choice between the newcomers who appear to be a motley inexperienced crew with a murky past and no stated plan, and the incumbants who are a slow moving, inept, poorly communicating but,... nonetheless honest, industry experienced, and who now have a better understanding of the way forward.
Incidentally, if you look at the original statements made by the Baldwin camp , I think it was Perthergill?, regarding economics, not only do they not understand reserves but they clearly dont understand economics either.There is total confusion between GIP and recoverable reserves, and no undertstanding of the NPV concepts that are used to determine commerciality.
Occam
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