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I know there is some controversy surrounding David...

  1. 4,876 Posts.
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    I know there is some controversy surrounding David Williams.

    However, I ask you did you just listen to everyone else and accept what they say about Chemeq or did you have a look at the circumstances surrounding Chemeq's demise.

    My understanding from what I read, not heard, Chemeq was a basket case before DW arrived. There needed to be change in the way the Co was doing business. $60m was also pulled from the company because of a perceived breach of the Ts and Cs.

    Yes DW was the CEO at the time but Chemeq demise was well ahead of schedule before DW arrived albeit a little late.

    So I don't think you can blame him for that. I am happy to listen to other points of view. I know he was also involved with Sydney Gas I think.

    The other point I would like to make is that dusters are part and parcel of oil exploration Show me an oil company that didn't have at least one duster and I'll show you the luckiest Company going. It's a risky business win some lose some.

    Cheers
    BW
 
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