Originally Posted by
neopoleII
now after several weeks we get a long disclosure announcement posted. NZO management knew of this before even signing up to the drill, yet they let the SHers hang and speculate for all this time while quietly sitting on their bottoms saying nothing about the disclosure process from a foreign country.
they knew all this, and sat on the information anyway.
now that there might be something "happening" but arnt allowed to disclose anything because of these rules they knew about we the SHers have to wait.
in the meantime those in the know get to buy shares or tell their mates..... completely protected from a foreign nations laws.
if you believe that the oil rig workers, their bosses from 3 companies, the boards from 3 companies and their friends and families and state officials in 3rd world countries and their friends and families can all keep their mouths shut to be compliant to 3rd world state laws then i guess us shareholders are being looked after fairly....... excuse me while i skull a tui........ or NZO should go into a trading halt as the rules governing NZO in the cowboy NZX are a bit tougher than 3rd world markets........ second tui consumed....... this is just a joke and NZO management knew this from day ONE.
if the well is to be dusted....... we are the last to know by a long shot.
if its commercial..... the SHers will still be the last to know.
and any breaches of rules if proved.... will mean diddly squat.
having said that...... i hope this well is successful, but it does seem that that there are two types of shareholders.
them and the rest.
in the meantime, there are small oilers making money in NZ exploration which NZO seems to snob.