RE: Due in JuneDon't expect a dividend, it's not likely to happen.
Umu 8 should have spudded by now, perhaps it has. Once again, the same old thing, lousy information flow. Umu 7, which is producing beautifully from pay zones that have yet to be defined with reserve calculations. Do you think this might be good to know? Hint, the answer is yes!
I am a long term investor, with a large position. I would prefer not to be critical of management. However, Wade doesn't know how to get the value from the assets. I will give credit to the fact that we are alive, and have a good asset. Beyond that, huge short falls to which we, as shareholders, are not optimizing our capital growth.
A few weeks back, this board was buzzing that Wade was off to New York and that our ship was about to come in. I would point out that if the objective for Wade was to sell the story and greatly improve our expossure to the US; the results are in. Miserable failure!
We need to see some changes to this management/board, for value to be realized. I have said it before, and will say it again, we need Wade to step down and let somebody-else take the company to the next level. Otherwise, we will continue to languish!
Simply, I want what is best for all shareholders, full value!
I will vote accordingly! What about the rest of you??