'admin' pid='65047' datel Wrote:How have any of your 7000+ posts help? What are your motives? Are you a paid pumper or just blind to the fact that this has been an epic failure on the part of current management to do the one and only thing that matters to this company and shareholders: GET PAID FOR THE ASSETS! With you (and management) it’s always perfect and someone else’s fault when thing go wrong. The board of directors should find a new CEO that can complete the task, but they won’t because they get free stock for doing nothing.
1) Unfounded accusations that someone is short or a paid pumper don't help, quite the contrary.
2) Yea, get paid for their assets. Easier said than done. The company entered into an agreement with Total, and although I don't know whether there are any binding legal arguments time wise, but it certainly looks like the soft energy markets have robbed at least some sense of urgency. I'm not close enough to the situation, but an informed guess would be that there is a bit of give and take here, with Antelope 7 used as a handy valve to give Total some breeding space. This is speculation on my side, but I'm not the only one who has thought along these lines.
Alternatively, what do you suggest they do about it? A new CEO would do what exactly? I'm not sure there is any alternative to the present course, but I would like to be enlightened here.
Unfounded accusations of shorting & option covering are, however, both helpful and encouraged, apparently.