Post by
SheDrills on Nov 12, 2023 12:14pm
Made whole
We only get made whole in a deal. No one trusts these people anymore...they have slow walked execution, slow walked results, can't hold on to technical experts, no business acumen in Narine, and now all too obvious misrepresentation of Santonian findings likely to allow their cronies buddies to peel out.
Frontera needs to attract investors.
CGX needs to attract financial backers and investors.
The BODs are in on the con game, not holding senior leaders accountable.
The assets much change hands at this point to someone reputable and knowledgeable.
At this stage I'm writing the Santonian off and only focusing on the value of a few hundred thousand barrels in Maas & Camp to attract a deal. So remember the sunk cost when you decide whether to stay or go. I haven't sold because a deal that attracts sunk cost puts me back in the green.
Comment by
waitingstill on Nov 12, 2023 12:58pm
I think you mean a few hundred million (not thousands) barrels in Maas and C zones?
Comment by
SheDrills on Nov 12, 2023 1:13pm
Yes million, not thousand. It's been a long week as I've got a rescue dog who just had major surgery on Monday and it wakes me up during the night to go outside and wants to start its day at 5 AM so I'm getting no sleep.