Going over the AGM . I found it as a disappointment. It was the first chance that the shareholders would meet the new board and also have a Q & A since ES, PRE stepping into the picture and updates on Jag and any chance of JVing.
The shareholders presented themselves well and respectful. in asking our questions of concern.
The new chairman mailed it in looking like this was just formality in order to get new options and Sully made a 20 percent chance at striking oil look like a 5 percent chance. What’s with these guys? Sorry, we are not the enemy. You may have had it with emails and people asking on any news on Jag and probably took a lot grief from people after ES but you should know better and that is part of the business.
No wonder the share priced dropped after that. Thanks a lot.
I hope they redeem themselves and soon and come with something better scripted than that mail in performance.
This is an exploratory company in a basin where they got in early and it seems to be a replicate of the African basin. The oil will probably be found in a very deep well and that represents greater risk because it’s harder to find but it’s also a chance to find a very big deposit. I think Tullow has a semi annual report coming out next week. Maybe they give us a little more to think about..
Not negative about the this, just think thing could have been coined a lot better.
Still hanging in there. GLTO