GREY:CXEYF - Post by User
Post by
Condor7on Nov 13, 2009 11:02am
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Post# 16483756
The Future For CAX
The Future For CAXThe lift needs to happen on schedule, and we need EB back online or our days are numbered.
The problem is, we aren't likely to hear from Woods again until mid-February.
Apart from a minor drill on EZ, every single action this company has undertaken has been either delayed or postponed, .... or overrun and ended in expensive failure.
Every AGM we hear of the 'World Class' prospects we own, but we've never attacked any of them since the Chaal fiasco back in 2006, we are too busy throwing every penny at our nemesis EB.
If the lift happens they might get one more shot at sorting EB out and producing at a decent oil price, but given the track record it seems unlikely.
One last thing .... our bankers are Bank Of Scotland (part of Lloyds Group), not RBS, they are entirely different organisations (both in trouble and owned largely by the British tax payer after the recent bail-out).