very discouraging Your right Zed, it is discouraging..As the cost of a honda genset converted to LNG is less that $500, it is just to bad AXI does not have the money themselves.. I do hope the world class shipping company (whatever that actually means) is not a JV with a group from Somalia..We dont need any pirate bases in Nunavut. AXI can get rid of their shareholders money well enough themselves.
And you cant replace the head person..He is a story teller extraodinairre, and if they lose that ability they lose their primary core strength.. It is not drilling and exploration..It is spinning a story and raising money..
The NR was a nice way to say they have not left town.(yet???). They conveniently did not mention why with all the money that will be flowing in momentarily from the Chinese JV partner they should even need to consider all this..unless, of course, that JV is going the way of the polar bear..nah.....to many posters here have assured us that the money is pretty much in the bank..Not all that long ago I was vilifed on this site for even suggesting that the JV was not a done deal....
The old saying is you can fool some of the people all of the time, and all of the people some of the time......but...and, .here is where Ginger and company want to disprove the rest of the saying.
Not quite yet time to buy in for a quick flip on the pump..