re: ... what a difference management With the current cash and cash flow from Chinguetti HDR would have surived.
If the going was getting to tough they could have lowered some percentage of their acreage holdings to pay for further development.
In my opinion Simon Potter was taking the easy way and gutless way of selling out.
He hereby saved his face but also would never be perceived as a true leader, innovater or problemsolver finding solutions.
It stinks for all long term holders who as said by the previous post have stuck with this company thru all the dips in the past.
jojo
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