The presentation accompanying Cairn's results shows time bar graph of future operations to 2017.....Spanish Point isnt mentioned. Guess this may be some clue as to why Cairn allowed PVR to buy CEPIL's share for a lousy $1.
only good point i guess is that TOR will lose his salary.
TORs statement on SP drilling doesnt look good for near future development he states no eguipment availabilty no finance available no farminee available -this drilling was due in 2014 and cairn not available due to scottish committments hope all the money is going into BR. good luck.
Sell the company , its available for a song & nobody interested .... NO management what so ever , Gone gone
Jimmy was correct on this one. Better to delay this until Barryroe deal done and cash available. SP will be next year I imagine
Replace the word "months" with "in" auto correct problems
I'm with you spuddy. its going to bounce back. not to 7 anytime soon but to 3 months the next year and a half. but for now farm barryroe get cash.
As we see no panic above, that means something positive could happen soon
Yah, he must to throw a some bone to big investors. otherwise who of them want to pay for new shares?
Hopefully we can believe his statements that he expects to be able to open up to the market with details of deal within a couple of weeks or a month. Am expecting something soon after EGM, possibly week after. TOR cannot keep on making statements like this without results
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