With all the encouraging results in last a couple of weeks, all...

With all the encouraging results in last a couple of weeks, all of sudden, the MD of the company is gonna to leave. This guy was the one proposed to diversify AED's assets and finally got AED into the business in Brunei and Indonesia. I wonder what happened truely behind the scene, but I personally do not take it as a good news. Is it because his decision led AED into trouble, but why did they elected to go into phase 2 of exploration if there would be no good reason for them to go ahead. Or is this is just some kind of politics and Asia expansion is on a good track, the company needs him no more. Either way, he will walk out with a good pay out.

One thing for sure is that the announcement won't have any possible impact on tmr's share price. This could only indicate the instablity of the AED's management.

If worst come to worst, the Asia expansian failed, we still have 40% in Puffin. Hope the new 3D map and production strategy could help us to go ahead. Or let the Sinopec buy the remaining 40% providing with a reasonable good offer.