I'm blamming Cunningham, he is in charge of the day to day operations, and is stearing the ship. The board is a group of rich guys that own a bunch of companies. They have stood by Cunningham, why I don't know. They might not even notice if it goes under.
Why blame Cunningham, he is only doing what uncle tom tells him to do. You cant tell me that with the loans being given the strings arent "short". Also the Board met what 18(?) times last year and EVERYONE was present at EVERY ONE of them? What the Hell did they discuss?, how to let Cunningham nose dive this company into the ground ....FURTHER?
wont be any shareholders left to attend the agm at this rate.
Just another liar but at a smaller scale. Increase shareholder value? 100 bopd at claplan by the end of june 2010? Share holder value is down 95% since the bean counter took over and oil production at claplin is 34 bopd 2 years later. Bk is the only solution at this point.