From Shasta:
[I'm sure the PR team at NZO are doing a bang up job getting them in the news, investor presentations, interviews etc...[/quote]
Shasta surely you are being sarcastic!!!!! How many peeps have you seen or heard out of the Public Affairs Manager, Mr Roberts in the past year? Publicity coming directly out of NZO is just about zero. Anything coming out is a minor rehash of some other company's announcement (usually AWE, which is perfectly understandable in some circumstances but not in others).
Notie is right - both NZO and PPP are on the coat tails of AWE and to suggest otherwise (as Mr Roberts has) is nothing but grandstanding in his own self importance. AWE went to Vietnam and then PPP followed. So far NZO, other than taking a stake in PPP and the obscure deal in Romania, hasn't done anything (which may not necessarily be bad if in fact NZO has a strategy). I doubt AWE would have put out a public release on future drilling plans if it hadn't already been agreed by the parties, if in fact the latter have much say at all.
Has Mr Roberts publicised either the PPP or Romanian deals? Shareholders have had to rely pretty much on what other posters on this forum have found out, particularly in regard to the Romanian deal to get a handle on what is going on.
At the next AGM, which I can't attend unfortunately, I hope someone asks exactly what the budget is for the Public Affairs Manager + team (including salaries), what they have done for shareholders over the past 12 months, and what they have planned for the next 12 months. I can't help thinking being the Public Affairs Manager for NZO must be one of the cushiest jobs around. I hope I'm proved wrong and Mr Roberts and his team have in fact been as busy as bees gathering nectar in a desert.
Notie, don't be brushed off - I liked your response. Keep it up for the benefit of other shareholders. Thanks for the postings from many others on this forum too.[/quote]
I wasn't being sarcastic, NZO is a much different beast than what it was a few years ago, even the website highlights the improvement.
You're being a tad harsh in pointing out Chris Roberts, the fact he takes his time to post here is admirable, & i hope he continues to do so.
I wouldn't want NZO announcing every minor little detail to be "seen as busy", NZO are quietly going about business & i'm sure are looking at all opportunities to increase shareholder wealth.
As NZO is a JV partner & NOT the operator, it's common practice that the operator leads the way with news, & the others follow suit, i'm not sure what it is you want from NZO?
What's the rush, we aren't in the middle of an active drilling program, so news is a little light, doesn't mean they aren't busy pursuing opportunities.
Tui is ticking along nicely, we have the follow up drilling soon, Pike is now funded into production, & Kupe is being developed & getting ready for commissioning & production, if that's not enough for you, then there are plenty of high risk offshore wildcat explorers to buy into...
BTW - We shareholders appoint the directors who in turn employ a CEO.
The CEO dictates the people he has around him, & what there remuneration is, that's NOT an issue that should be concerning you!
If NZO didn't have a PR Manager, we'd all be saying they need to do something to raise awareness, ie get a PR person!