RE: RE: RE: New lows...
Just wondering why you blame management for the share price :
They are rightly setting up all the infrastructure ready to mobilise the rig for first drill in Sept.
They acquired, free I hasten to add , seismic data from a third party source. ( money saved )
They have brought in additional crew , a driling expert who has worked in iraq/kurdistan area on the Tawke field and and also an old bankers member.
The rest of management are again old bankers employees or Shell advisers ...not a bad team to have.
These guys have been topping up their shareholding while all is quiet, pretty obvious and certainly a reason for keeping stock at low levels.
Sonoro are sitting on access to heavy oil the size of albania or Kuwait ...it's going to take time to develop.
I just hope i'm seeing this the way it should be ...but my glass is half full on this one.
Any news will push this back up ....keep the faith.