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i have been a critic of the bod for the past number of years on the purely business basis that they have failed the shareholders by failing to deliver on production output ie forecast for 2012 was 4k to 5k bpd in 2014 they failed to produce 50pc of this volume .in the past 6 years this share has lost over 90pc of its value , a serious loss of funds to the unlucky people who purchased shares on the false promises of the bod . combined with this the bod has over the years misspent the cash flow with no results of any meaning to show for the spend , over the years their salaries and expenses are over the top for a bod that continues to mismanage .i am now forecasting that no production forecasts for 2015 and 2016 will be achived .
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