C.C. Questions for Gil As we all know Gil created this company to be a first mover in wildcat areas. That was accomplished years ago. Unfortunately the South African well that appeared to be a gimme didn't work out....
I like Gil, I like that he holds a fair amount of shares. I think he's a smart dude. However, I think holding his feet to the fire is important.
Check my previous posts, I hated the JHI deal and was happy to see it fail.
All that being said, I expect several questions about our cash balance.
$16 Mil @ risk free 4% is = $640,000
let's talk SG&A?
Namibia is blowing up? 3d is necessary, where we at? Partners?
South Africa looks to have potential, carry? Carry plus cash?
Your a smart man, $16 million dollars needs to earn at least 4%, deals? Why not?