12-09-2015, 02:21 AM
'MartiniStocks9756' pid='65175' datel Wrote:Stavros I get it many people here think Hession really messed up. Several think it is not all his fault markets and other extraneous issues. Here is the Fact the PPS stinks and it is likely the tough multiple choice answer to all of the issues is all the above. So the important question for most of us is where is it headed from here. Markets are anticipated to be down another six months at least of course there are a couple of articles that state otherwise. The transformational deal was done two years ago this week. Can't change that. There might be two more wells to go, can't stop that if it happens. The deal might get delayed into 2017, can't control that. Don't like the BOD just try and vote them out. Total is going to drag their feet, who is going to change that if allowed. OSH is going to select a merger with IOC, who does that help and hurt? A lot of directions and misdirections and scaring the little retail investors out has been proposed tonight. Bottom line this is a highly risky speculative stock of a small exploration company that rebuilt a refinery in the middle of PNG. We takes our chances. Those that were smart and left with $60 per share in their pocket should be smiling. Those of us like SAGEO and me might be left holding the bag but are still hoping that the gas underground holds quite a bit of value to Total, China, Japan, Korea, India and other parts of the world. It may take the merger with OSH, or a FID with Total and gas loaded on a ship to leave port to get our investment right side up. So erase the past up until A4 ST and A5 and look forward and take us where we are going without looking in the rear view mirror. The past has happened the future is all that matters now.
Martini - Thanks for your post. Btw,since you mentioned A4 ST, I guess I missed it,but did you ever see an explanation put out by IOC or OSH as to why we "plugged and abandoned" the well with all that porous dolomite that was found ? Yes,I realize the well had problems, but a complete explanation would been a more professional way to handle the outcome,jmo. As an addition,MH or someone could have stated what will be done in the future about all that gas to the south and southeast