Yes. Even SA Oil minister said that last year.......: That all the capex withheld in 2015 would have to be caught up in 2016.........It's always boom - bust........over and over again. The Russian will cut their output soon to net Iranian oil coming on line and sooner than later SA will come to its senses.
"Oil prices have sunk to the $20-a-barrel range, but analysts at Goldman Sachs are hanging tight to their view that oil will recover to the $40 level in the first half of this year."
May be I do May be I don't. As of now though.......it seems the courts will decide.....so let's wait and see why some FCA dealers seem to hate FCA so much.
Can we trust those numbers ?
Once trust is compromised..............it's heck hard to regain it.
I don't think Sergio is behind the "problem" though. He would never do that......... Would he ?
Didn't I tell you some time ago now that Italians could not be trusted ?
Here we are - I was right. Same goes for Germans, French, Chinese, Americans, ....................
All is smoke and mirrors.........and "perception" of success.
That is also how ponzi scheme work........Cheating is just the new norm it seems in our World, and no "official" date can be trusted anymore. It's sad for sure.......and scary at the least for investors relying on figures that are deemed "reliable" and that actually are "massaged and doctored" to impress the media and likely influence the pps. At the end, the ponzi scheme is uncovered, the investors lose their money, and management resigns after assigning large bonuses to themselves.