Selat Panjang PSC 3 Years laterfrom time to time I will google search for articles on the Selat Panjang PSC and operations at the site. I find it very hard to believe that we are now 3 Years after winning the contract and handing over $5 Million dollars US as a signature bonus...well actually our partner handed over the money
Is it possible this PSC has started and Sonoro being left in the dark? How can Ministry and Skk Migas allow this to happen? Is Jimmy that powerful and infuential to make this happen with no consequences? Does Seismic work or Reserve Reports not have to be presented and approved in order to keep the PSC??
So many questions while Sonoro and its shareholders left holding the bag with stock at All Time Low
Unfortunately for Sonoro being a public company with no money they can't afford to wait this out and do nothing. Make a decision boys and hope this time it is a good one for shareholders
How many of you bought stock based on press release that operations were about to start in 2019? How many bought stock based on reserve report getting completed and years back the previous report value was leaked by YYC who worked in the Oil Industry?