'jft310' pid='36790' datel Wrote:Art-They are making good progress. Associating the stock price with all the changes is a disconnect. The current stock price is held back by the history of Phil's promises. LOOK AT THE DRILLING!! SUPER MAJOR DEAL BILLIONS ON THE HORIZON Mr Market will get this right. It will take a closed deal with TOTAL.
I am happy to see the presser with detail on the status of the well sites, but there still isn't any drilling to look at and I might quibble the billions are still just beyond the horizon. Moving the offices to PNG seems a good move. There is also no decision yet as to exactly where to put A4. I thought that should have been accomplished long ago.
Continue to bash Phil all you want if it makes you feel good. He probably doesn't care what you or anybody thinks at this point. The fact remains since he's been gone we still haven't closed deal one nor spudded well one. The stock price has dropped. In my mind Mulacek and his team are responsible for every cubic foot of gas discovered to date as well as the development of a successful refining and distribution business. If all that was necessary for a great deal to happen was for PM to be let go the deal with Total would have been closed last summer.
On the other hand, Browsing about on Google... http://au.news.yahoo.com/thewest/business/wa/a/8165291/no-challenge-too-big-for-hession/