RE:This is all you need to knowWith all due respect monymaker75, that MD & A was written by the very managment and BOD that resigned and set this company adrift.
Strange how the MD&A was written and published on Nov. 27-2013 and the renewal of PEL 81 lease became official on Nov. 28-2013 so it did not have to be reported in the MD & A nor did they mention that they where waiting on the Extension renewal.
This whole thing has a smell about it.
I look forward to a Court appointed Auction of the leases and then we will know the real value ( if any ) of the 23,000,000 , I`ll say it again 23,000,000 Acres that they started assembling in 2007.