Besides treading through all of that hogwash and personal attacks you made on me, a few points really arised my interests, and I reply accordingly.
""I sensed you had little experience but now it's clear you have no experience or idea about how to value small cap energy. ""
So all that means that all I have made and achieved in life came through sheer ignorance. Well mate, I am happy to be ignorant and inexperienced then, instead of being an intelligent one, and one that is high praising himself. Thanks for the below the belt hit, but no thanks.
"" It's a fact that ARN raised money at $4+ not an opinion.""
It is also a fact that MPO have raised funds in excess of what the sp is at today.
But, why don't they (ARN) do that same thing today.?? Why don't they raise cash at those same price levels.??
""As for moving back to Australia: that might sound good "to some clueless Australian investor" but there are no easy plays to enter in Australia. Do you know one? ""
Yes mate. The Cooper is one. Obviously, in all your research, you failed to realise that. One new well the other day just flowed to surface well in excess of 3k bopd. That is practically equal to, or close to, all of ARN's oil production for a day. Then there is gas on top of that and more tests to be done at different formations.
As such I will stick to my own ideas and opinions.
And, thanks again for referring to me as being a clueless Australian investor. That's really typical of a person living where you are...Isn't it.?? Yet again, you wouldn't even know where I am, and who I am.
""The reason that almost everyone from the past management team is gone is because they were a bunch of clueless clowns making production forecasts for the Wolfcamp so divorced from reality that the market has lost complete faith in this company.""
And who were those people that you are referring to as being ""a bunch of clueless clowns"".??
""The only option I would consider, aside from a merger with an undervalued player with complimentary strengths, is the return of cash to shareholders. ""
With that I agree 100%. And I have made my intentions well clear in the past. The point is though, that all of what is decided upon is coming out from NA IMHO, and the Board is simply the puppet on a string.
""Try thinking before posting a commentary with zero facts. ""
Have you.??
Anyway, good luck with ARN mate. I won't be the one begrudging you of that benefit. I won't be one joining you on that one. Not after having experienced some real bad ones in NA in the past.
Cheers
Buddy134
MPO Price at posting:
20.0¢ Sentiment: None Disclosure: Held